Expanded Residential Income
For Sale
$240,000
13540 Medinac Lane, Seal Beach, CA 90740
Seal Beach, CA
Property Size800 SF
Price / SF$300
Days on Market11
Property Features for 13540 Medinac Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Laundry Room, Bathroom 1, Bedroom 1
Parking features
Assigned, Carport
Spa
1
Window features
Skylight(s)
Exterior features
Rain Gutters
Appliances
Disposal, Electric Water Heater
Subdivision
Leisure World (LW)
View
Park
Elementary school district
Los Alamitos Unified
Middle school district
Los Alamitos Unified
High school district
Los Alamitos Unified
Directions
Enter through Main Gate off Seal Beach Blvd. Straight on Golden Rain Rd, right on St Andrews Dr, Left on Pelham Rd, Left on Medinac Ln.
Standard status
Active
APN
09566124
Size
800 SF
Taxes and HOA fees
HOA Fee
$596 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
24-hour security
9-hole golf course
heated pool and spa
updated fitness center
multiple clubhouses
art and woodshop studios
pickleball courts
2,500-seat amphitheater
on-site healthcare center
post office
free community shuttle
Building Details
Year built
1962
Floors in Building
1
Flooring type
Laminate, Tile
Listing Agency:
LISTINGEXECUTIVES.COM
(626) 388-5200
Listed By:
BRYAN SORVILLO · License #01964521
(714) 856-5387
Added: Aug 20
Changed: Aug 24
Last Checked: Aug 30 at 9:06AM
MLS# CV26184855
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 800-square-foot residence in Leisure World includes one bedroom, one bathroom, a laundry room, laminate flooring, and non-slip tile in the kitchen. The home also features rain gutters, a wall furnace, wall/window cooling units, an electric water heater, public water, and public sewer. Assigned covered parking is provided at Carport 69, Space 9.
Built in 1962, the property is located within a guard-gated 55+ community in Seal Beach, less than two miles from the ocean. Community facilities include a 9-hole golf course, heated pool and spa, fitness center, clubhouses, art and woodshop studios, pickleball courts, a healthcare center, post office, shuttle service, and a 2,500-seat amphitheater.
Built in 1962, the property is located within a guard-gated 55+ community in Seal Beach, less than two miles from the ocean. Community facilities include a 9-hole golf course, heated pool and spa, fitness center, clubhouses, art and woodshop studios, pickleball courts, a healthcare center, post office, shuttle service, and a 2,500-seat amphitheater.
Key Highlights
- 800‑square‑foot expanded residence in Leisure World
- One bedroom, one bathroom, and dedicated laundry room
- Assigned covered parking at Carport 69, Space 9
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
$15,270
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
6.36%
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%
$305,400
$305.4K
Cap Rate 7%
$218,143
$218.1K
Cap Rate 9%
$169,667
$169.7K
Market Conditions
NOI Build-Up for 800 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
$28.8K $36.00/SF
− Vacancy
−$1.0K −$1.30/SF
EGI
$27.8K $34.70/SF
− OpEx
−$12.5K −$15.62/SF
NOI
$15.3K $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%
$305,400
Cap Rate 7%
$218,143
Cap Rate 9%
$169,667
Alternative Uses
Best Use
Apartment 5plus
$218.1K
$190.9K – $254.5K
NOI $15,270 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$268.7K
$235.1K – $313.5K
NOI $18,809 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Expanded residence with assigned covered parking and access to extensive community amenities.
Where is this residential income property located?
The property is located at 13540 Medinac Lane Seal Beach, CA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 800‑square‑foot expanded residence in Leisure World; One bedroom, one bathroom, and dedicated laundry room; Assigned covered parking at Carport 69, Space 9
