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Updated Residential Income Property
For Sale
$395,000

1341 Weeburn, Seal Beach, CA 90740

Seal Beach, CA

Property Size1,000 SF
Lot Size0.03 Acres
Price / SF$395
Days on Market60

Property Features for 1341 Weeburn

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Laundry Room
Spa 1
Interior features Quartz Counters
Exterior features Rain Gutters
Appliances Disposal, Electric Range
Subdivision Leisure World (LW)
Lot features 0-1 Unit/ Acre
High school Los Alamitos
Elementary school district Los Alamitos Unified
Middle school district Los Alamitos Unified
High school district Los Alamitos Unified
Directions Straight on Golden Rain Rd, right on Alderwood, turn right on Weeburn, straight ahead
Standard status Active
Size 1,000 SF
Lot size 0.03 Acres

Taxes and HOA fees

HOA Fee $619 Monthly

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Amenities

courtyard
green area
skylights

Building Details

Year built 1966
Floors in Building 1
Flooring type Laminate
Roof type Asbestos Shingle
Architectural style Bungalow
Listing Agency: Coldwell Banker Envision · Berkshire Hathaway HomeServices
Listed By: Patricia Kilian · License #01993562
Added: Jul 2 Changed: Aug 24 Last Checked: Aug 30 at 8:06AM
MLS# PW26142471

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.

Investment Insights

Based on property information with market context.

This east-facing bungalow in Mutual 4 offers 1,000 square feet with two bedrooms and one bathroom. The partially expanded home has been refreshed with quartz kitchen countertops, a quartz island, and a backsplash, while the bathroom includes a quartz countertop, updated sink, faucet, and toilet. Laminate flooring and fresh interior paint continue throughout the residence. Three operable skylights add natural light and ventilation, and the home also includes a laundry room, electric range, disposal, heat pump heating and cooling, rain gutters, and a spa.

Built in 1966, the property has public water and public sewer service, an asbestos shingle roof, and a 0.0275-acre lot. The home overlooks a green area and courtyard and is located 1.5 miles from Seal Beach.

Key Highlights

  • 1,000‑square‑foot partially expanded home with two bedrooms
  • East‑facing residence overlooking a green area and courtyard
  • Kitchen upgraded with quartz counters, island, and backsplash

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,087
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.83%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$381,740 $381.7K
Cap Rate 7%
$272,671 $272.7K
Cap Rate 9%
$212,078 $212.1K
Market Conditions
NOI Build-Up for 1,000 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$36.0K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$34.7K $34.70/SF
− OpEx
−$15.6K −$15.62/SF
NOI
$19.1K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$381,740
Cap Rate 7%
$272,671
Cap Rate 9%
$212,078

Alternative Uses

Best Use
Apartment 5plus
$272.7K
$238.6K – $318.1K (±1% cap)
NOI $19,087 @ 7.0% cap · market cap 4.83%
Second Best
no second resolved use
Theoretical Best
Office A
$335.9K
$293.9K – $391.9K (±1% cap)
NOI $23,512 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Restaurant Parking Lot & Garage Law Firm Food Market (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom bungalow with quartz finishes, laminate flooring, skylights, and public water and sewer.
Where is this residential income property located?
The property is located at 1341 Weeburn Seal Beach, CA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1,000‑square‑foot partially expanded home with two bedrooms; East‑facing residence overlooking a green area and courtyard; Kitchen upgraded with quartz counters, island, and backsplash
More about this property
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