Remodeled Residential Income
For Sale
$625,000
1340 Kenwood Road M7-156H, Seal Beach, CA 90740
Seal Beach, CA
Property Size1,027 SF
Lot Size0.03 Acres
Price / SF$608.57
Days on Market120
Property Features for 1340 Kenwood Road M7-156H
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Laundry Room, Bedroom 2, Bathroom 1, Kitchen
Parking
1
Parking features
Assigned, RV, Carport
Spa
1
Window features
Blinds, Double Pane Windows, Bay Window(s), Skylight(s)
Patio and Porch features
Patio
Interior features
Quartz Counters, Ceiling Fan(s), Recessed Lighting, Open Floorplan, Storage, Cathedral Ceiling(s)
Exterior features
Rain Gutters
Fireplace
1
Appliances
Electric Oven, Electric Water Heater, Electric Cooktop, Refrigerator, Disposal, Dishwasher, Microwave
Subdivision
Leisure World (LW)
Lot features
Landscaped, Level, Greenbelt
View
Park
Elementary school district
Los Alamitos Unified
Middle school district
Los Alamitos Unified
High school district
Los Alamitos Unified
Directions
From the Main Gate go up Golden Rain Turn Right St Andrews Turn Left on Kenwood go to the end of Kenwood and make a Left Turn and park at the end of the Carport on the Right at Parking Spaces
Standard status
Active
APN
94730343
Size
1,027 SF
Lot size
0.03 Acres
Taxes and HOA fees
HOA Fee
$558 Monthly
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Fireplace(s), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1962
Floors in Building
1
Number of units
1
Flooring type
Vinyl, Tile
Building materials
Concrete, Stucco, Block, Drywall Walls
Roof type
Composition
Architectural style
Modern
Additional Structures
Storage
Listing Agency:
First Team Real Estate
(562) 596-9911
Listed By:
Angela Arvanitis · License #02025092
(562) 544-5458
Added: Jul 3
Changed: Oct 30
Last Checked: Oct 30 at 6:06PM
MLS# PW26202132
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,027-square-foot residential income property at 1340 Kenwood Road in Seal Beach offers a remodeled two-bedroom, 1 1/2-bath layout with a covered patio. The living room and kitchen include skylights and recessed lighting, while central air and heat, ceiling fans, newer double-pane windows, and a slider support everyday comfort. A modern LED fireplace with heat fan serves the living area.
The upgraded kitchen includes quartz countertops, a breakfast bar, pantry, wine rack, soft-close cabinetry, under-cabinet lighting, and stainless steel appliances. The primary bedroom features a walk-in closet with built-in organizers and bay windows with custom coverings. The guest room includes a built-in office, stacked washer and dryer, and mirrored closet doors. Both bathrooms have been updated, including a walk-in shower with a sitting bench. The gated patio has natural stone flooring, a ceiling fan, and storage. Assigned carport parking and RV parking are provided, and the property is steps from Central Park in Mutual 7.
The upgraded kitchen includes quartz countertops, a breakfast bar, pantry, wine rack, soft-close cabinetry, under-cabinet lighting, and stainless steel appliances. The primary bedroom features a walk-in closet with built-in organizers and bay windows with custom coverings. The guest room includes a built-in office, stacked washer and dryer, and mirrored closet doors. Both bathrooms have been updated, including a walk-in shower with a sitting bench. The gated patio has natural stone flooring, a ceiling fan, and storage. Assigned carport parking and RV parking are provided, and the property is steps from Central Park in Mutual 7.
Key Highlights
- 1,027‑square‑foot remodeled two‑bedroom, 1 1/2‑bath residence
- Updated kitchen with quartz counters, breakfast bar, pantry, and stainless steel appliances
- Primary bedroom with walk‑in closet, built‑in organizers, and bay windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,603
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,060
$392.1K
Cap Rate 7%
$280,043
$280.0K
Cap Rate 9%
$217,811
$217.8K
Market Conditions
NOI Build-Up for 1,027 SF
Gross rent
$37.0K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$35.6K $34.70/SF
− OpEx
−$16.0K −$15.62/SF
NOI
$19.6K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,060
Cap Rate 7%
$280,043
Cap Rate 9%
$217,811
Alternative Uses
Best Use
Apartment 5plus
$280.0K
$245.0K – $326.7K
NOI $19,603 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$344.9K
$301.8K – $402.4K
NOI $24,146 @ 7.0% cap · market cap 3.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
237
Businesses Nearby
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Business Placement
Demographics for 90740, CA
24,769
Population
14,208
Households
1.7
Avg Household Size
61
Median Age
51%
College-Educated
95%
High-School Grad
11.1 sq mi
ZIP Area
2,231
Density / Sq Mi
$82,427
Median Household Income
$70,686
Median Earnings
$2,421
Median Rent
$488,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated two-bedroom residence with modern kitchen, refreshed bathrooms, covered patio, HVAC, and assigned carport parking.
Where is this residential income property located?
The property is located at 1340 Kenwood Road M7-156H Seal Beach, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,027‑square‑foot remodeled two‑bedroom, 1 1/2‑bath residence; Updated kitchen with quartz counters, breakfast bar, pantry, and stainless steel appliances; Primary bedroom with walk‑in closet, built‑in organizers, and bay windows
