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Two-Bedroom Residential Property with Patio
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
Listed By: Noelle Longmeyer · License #01313351
Added: Oct 29 Changed: Oct 30 Last Checked: Oct 31 at 12:06AM
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.

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 (±1% cap)
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 (±1% cap)
NOI $19,397 @ 7.0% cap · market cap 5.54%
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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Location Intelligence

Trade Area within ½ mile

472
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
View Realmo Analytics

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
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