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Corner Residential Income Property

13811 Thunderbird Drive, Seal Beach, CA 90740

For Sale
New
$575,000

Seal Beach, CA

Property Size1,100 SF
Lot Size0.02 Acres
Price / SF$522.73
Days on Market2

Property Features for 13811 Thunderbird Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 1, Laundry Room, Bathroom 1, Bathroom 2, Bedroom 2, Kitchen
Parking 1
Spa 1
Subdivision Leisure World (LW)
Elementary school district Los Alamitos Unified
Middle school district Los Alamitos Unified
High school district Los Alamitos Unified
Directions Enter main gate and proceed west on Golden Rain Road to Cedar Crest. Make a U-Turn back onto Golden Rain Road to Thunderbird
Standard status Active
Size 1,100 SF
Lot size 0.02 Acres

Taxes and HOA fees

HOA Fee $540 Monthly

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

24/7 guard and patrol service
gym
dance studio
pool
spa
pickleball courts
5 recreation clubhouses
game rooms
lapidary
woodshop
free golf course
free concerts and dances
over 200 active clubs

Building Details

Year built 1960
Floors in Building 1
Number of units 1
Listing Agency: Dalton Real Estate
Listed By: Emmett Dalton · License CA #00959147
Added: Nov 9 Last Checked: Nov 10 at 1:06AM
MLS# OC26240519

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,100-square-foot corner residence has two bedrooms and one-and-a-half bathrooms, with an expanded living room and an open kitchen. Kitchen features include an induction cooktop, oven, and built-in microwave. Skylights, smooth ceilings, ceiling fans, and luxury vinyl flooring add detail throughout the interior. Central heating and air conditioning serve the home, while double-pane bay windows and shutters are installed in the living room and bedrooms. The shower has a built-in seat and glass enclosure.

The home is in Leisure World, where community amenities include a pool and spa, pickleball courts, a gym, dance studio, five clubhouses, game rooms, a lapidary, woodshop, and golf course. The community also offers concerts, dances, more than 200 clubs, and 24/7 guard and patrol service.

Key Highlights

  • 1,100 square feet with 2 bedrooms and 1.5 bathrooms
  • Corner residence with an expanded living room
  • Open kitchen includes induction cooktop, oven, and built‑in microwave

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,996
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,920 $419.9K
Cap Rate 7%
$299,943 $299.9K
Cap Rate 9%
$233,289 $233.3K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$39.6K $36.00/SF
− Vacancy
−$1.4K −$1.30/SF
EGI
$38.2K $34.70/SF
− OpEx
−$17.2K −$15.62/SF
NOI
$21.0K $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%
$419,920
Cap Rate 7%
$299,943
Cap Rate 9%
$233,289

Alternative Uses

Best Use
Apartment 5plus
$299.9K
$262.5K – $349.9K (±1% cap)
NOI $20,996 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.5K
$323.3K – $431.1K (±1% cap)
NOI $25,863 @ 7.0% cap · market cap 4.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

500
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Orange County, CA

$432 Jul
$493 Aug
$621 Sep
$700 Oct

Properties on Market for Residential income properties in Orange County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The corner residence pairs an expanded living area with an updated kitchen and central heating and air conditioning.
Where is this residential income property located?
The property is located at 13811 Thunderbird Drive Seal Beach, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,100 square feet with 2 bedrooms and 1.5 bathrooms; Corner residence with an expanded living room; Open kitchen includes induction cooktop, oven, and built‑in microwave
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