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Expanded Residential Income Property

1540 Northwood Road, Seal Beach, CA 90740

For Sale
$405,000

Seal Beach, CA

Property Size1,200 SF
Lot Size0.03 Acres
Price / SF$337.50
Days on Market8

Property Features for 1540 Northwood Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Family Room, Bedroom 2, Bathroom 1, Laundry Room, Bedroom 1
Parking 1
Parking features Carport
Spa 1
Window features Skylight(s)
Interior features Open Floorplan
Appliances Refrigerator, Electric Oven, Electric Cooktop
Subdivision Leisure World (LW)
Lot features Greenbelt, Lawn
Elementary school district Los Alamitos Unified
Middle school district Los Alamitos Unified
High school district Los Alamitos Unified
Directions From the 405 FWY, left on Seal Beach Blvd, and Leisure World is on the right.
Standard status Active
APN 09567107
Size 1,200 SF
Lot size 0.03 Acres

Taxes and HOA fees

HOA Fee $610 Monthly

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1962
Floors in Building 1
Number of units 312
Flooring type Laminate
Listing Agency: Coldwell Banker Envision · Berkshire Hathaway HomeServices
Listed By: John Paul Garcia · License CA #01911994
Added: Nov 7 Changed: Nov 12 Last Checked: Nov 14 at 11:06PM
MLS# PW26236374

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 1,200-square-foot residence has two bedrooms, one bathroom, an expanded layout, and laminate flooring. The kitchen includes white cabinetry, counter space, a skylight, and an electric oven and cooktop; a skylight also brightens the bathroom. A walk-in storage closet adds interior storage, and carport parking is nearby.

The home is situated along a greenbelt in Leisure World Seal Beach, adjacent to Clubhouse 4. The community is designated for residents age 55 and older.

Key Highlights

  • 1,200‑square‑foot expanded residence with 2 bedrooms and 1 bathroom
  • Greenbelt setting adjacent to Clubhouse 4 in Leisure World Seal Beach
  • Kitchen and bathroom each feature a skylight

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,905
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,100 $458.1K
Cap Rate 7%
$327,214 $327.2K
Cap Rate 9%
$254,500 $254.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$43.2K $36.00/SF
− Vacancy
−$1.6K −$1.30/SF
EGI
$41.6K $34.70/SF
− OpEx
−$18.7K −$15.62/SF
NOI
$22.9K $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%
$458,100
Cap Rate 7%
$327,214
Cap Rate 9%
$254,500

Alternative Uses

Best Use
Apartment 5plus
$327.2K
$286.3K – $381.8K (±1% cap)
NOI $22,905 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$403.1K
$352.7K – $470.2K (±1% cap)
NOI $28,214 @ 7.0% cap · market cap 6.97%
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
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

567
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

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 - A two-bedroom residence in a 55+ community features a greenbelt setting and nearby carport parking.
Where is this residential income property located?
The property is located at 1540 Northwood Road Seal Beach, CA.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: 1,200‑square‑foot expanded residence with 2 bedrooms and 1 bathroom; Greenbelt setting adjacent to Clubhouse 4 in Leisure World Seal Beach; Kitchen and bathroom each feature a skylight
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