Two-Bedroom Residential Property with
New
For Sale
$349,900
1441 Homewood Road, Seal Beach, CA 90740
Seal Beach, CA
Property Size825 SF
Lot Size0.03 Acres
Price / SF$424.12
Days on Market3
Property Features for 1441 Homewood Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Rooms
Laundry Room, Bedroom 1, Bathroom 1, Bedroom 2, Kitchen
Parking features
Carport
Spa
1
Window features
Double Pane Windows, Screens, Skylight(s)
Patio and Porch features
Patio
Interior features
Open Floorplan
Appliances
Refrigerator, Electric Oven, Dishwasher, Electric Cooktop
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
Saint Andrews and
Standard status
Active
Size
825 SF
Lot size
0.03 Acres
Taxes and HOA fees
HOA Fee
$571 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating), Electric (Heating)
Cooling system
Ductless, Electric
Water source
Public
Building Details
Year built
1962
Floors in Building
1
Number of units
1
Flooring type
Laminate
Architectural style
Bungalow
Listing Agency:
Y Realty
(877) 976-5348
Listed By:
Noelle Longmeyer · License #01313351
(714) 514-5643
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 31 at 1:06AM
MLS# PW26233517
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 825-square-foot, two-bedroom home was built in 1962 and includes an enclosed entry patio and an extended covered patio. Inside, laminate flooring extends through the living room and kitchen, while three skylights bring in natural light. The kitchen has a cooktop, refrigerator, electric oven, dishwasher, and filtered drinking water system. The second bedroom includes a Murphy bed, and the bathroom has a walk-in shower. Heating and cooling are provided by a ductless mini-split system.
The home is in Leisure World, a guard-gated 55+ community in Seal Beach. Community amenities include a par 3 golf course, swimming pool, fitness center, and six clubhouses. The beach is 1.5 miles away. An assigned carport with storage is included.
The home is in Leisure World, a guard-gated 55+ community in Seal Beach. Community amenities include a par 3 golf course, swimming pool, fitness center, and six clubhouses. The beach is 1.5 miles away. An assigned carport with storage is included.
Key Highlights
- 825‑square‑foot, two‑bedroom home built in 1962
- Enclosed entry patio and extended covered patio
- Three skylights; laminate flooring in the living room and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,747
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,940
$314.9K
Cap Rate 7%
$224,957
$225.0K
Cap Rate 9%
$174,967
$175.0K
Market Conditions
NOI Build-Up for 825 SF
Gross rent
$29.7K $36.00/SF
− Vacancy
−$1.1K −$1.30/SF
EGI
$28.6K $34.70/SF
− OpEx
−$12.9K −$15.62/SF
NOI
$15.7K $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%
$314,940
Cap Rate 7%
$224,957
Cap Rate 9%
$174,967
Alternative Uses
Best Use
Apartment 5plus
$225.0K
$196.8K – $262.5K
NOI $15,747 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$277.1K
$242.5K – $323.3K
NOI $19,397 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
472
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 - Located in a guard-gated 55+ community with golf, a pool, fitness facilities, and six clubhouses.
Where is this residential income property located?
The property is located at 1441 Homewood Road Seal Beach, CA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 825‑square‑foot, two‑bedroom home built in 1962; Enclosed entry patio and extended covered patio; Three skylights; laminate flooring in the living room and kitchen
