Corner Two-Bedroom Senior
For Sale
Under Contract
$359,000
13671 Annandale Drive, Seal Beach, CA 90740
Seal Beach, CA
Property Size1,000 SF
Price / SF$359
Days on Market57
Property Features for 13671 Annandale Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Laundry Room, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Assigned, Carport
Spa
1
Patio and Porch features
Patio
Interior features
High Ceilings, Ceiling Fan(s), Cathedral Ceiling(s), Formica Counters
Exterior features
Awning(s), Rain Gutters
Appliances
Disposal, Electric Water Heater, Microwave, Refrigerator, Electric Oven
Subdivision
Leisure World (LW)
Lot features
Corner Lot
View
Park
Elementary school district
Los Alamitos Unified
Middle school district
Los Alamitos Unified
High school district
Los Alamitos Unified
Directions
From Entrance Golden Rain make U-Turn on St Andrews & Turn Right on Annandale Dr in the Middle on the Left Side of Street.
Standard status
Active Under Contract
APN
94725218
Size
1,000 SF
Taxes and HOA fees
HOA Fee
$519 Monthly
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Electric (Heating), Wall Furnace
Cooling system
Heat Pump
Water source
Public
Amenities
Security-Guard-Gated Community
9 Hole Golf Course
Swimming Pool
Jacuzzi
Gym
Table Tennis
Shuffle Board
Billiards
Pickle Ball
Bocce Ball courts
Amphitheater
6 Clubhouses
Art Room
Sewing
Crafts
Wood Shops
Lapidary
Pool Tables
Over 200 Clubs
Live Music Events
Library
Friends of Library Bookstore
Credit Union
Health Care Center
Pharmacy/Store
Post Office
Skylights
Exterior storage closet
Building Details
Year built
1962
Floors in Building
1
Number of units
1
Flooring type
Laminate
Roof type
Composition
Architectural style
Modern
Listing Agency:
First Team Real Estate
(562) 596-9911
Listed By:
Angela Arvanitis · License #02025092
(562) 544-5458
Added: Jul 6
Changed: Aug 26
Last Checked: Aug 31 at 3:06PM
MLS# PW26150694
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.
Corner two-bedroom senior residence with a bonus room and 1 bathroom, offered in M1-10G within a security-guard-gated community. The home features an open floor plan with laminate flooring, high ceilings, ceiling fans, cathedral ceilings, and skylights. The kitchen includes Formica counters, and the bathroom has a cutdown shower for easier access. An extra-large exterior storage closet can be converted to interior space. A patio and rain gutters are also included, and the home has a heat pump and electric heating, with cooling provided by a heat pump. Spa amenities are indicated as available.
The community includes on-site recreation and services such as a 9-hole golf course, swimming pool and Jacuzzi, gym, and multiple courts and activities, along with clubhouses, an amphitheater, library and bookstore, credit union, health care center, pharmacy/store, and post office. Cable is available, and the home is served by public water and public sewer.
Dedicated parking is assigned to Building #8, Carport Space #13, and the home was built in 1962.
The community includes on-site recreation and services such as a 9-hole golf course, swimming pool and Jacuzzi, gym, and multiple courts and activities, along with clubhouses, an amphitheater, library and bookstore, credit union, health care center, pharmacy/store, and post office. Cable is available, and the home is served by public water and public sewer.
Dedicated parking is assigned to Building #8, Carport Space #13, and the home was built in 1962.
Key Highlights
- Corner residence with two bedrooms plus a bonus room and 1 bathroom
- Open floor plan with laminate flooring, high ceilings, and skylights
- Kitchen with Formica counters; bathroom has a cutdown shower for easy access
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
5.32%
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
NOI $19,087 @ 7.0% cap · market cap 5.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$335.9K
$293.9K – $391.9K
NOI $23,512 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
439
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Corner two-bedroom senior home with bonus room, 1 bathroom, skylights, and assigned carport parking in a security-gated community.
Where is this single family property located?
The property is located at 13671 Annandale Drive Seal Beach, CA.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Corner residence with two bedrooms plus a bonus room and 1 bathroom; Open floor plan with laminate flooring, high ceilings, and skylights; Kitchen with Formica counters; bathroom has a cutdown shower for easy access
