Two-Bedroom Residential Income
For Sale
Under Contract
$339,000
1541 Northwood, Seal Beach, CA 90740
Seal Beach, CA
Property Size1,050 SF
Lot Size0.03 Acres
Price / SF$322.86
Days on Market255
Property Features for 1541 Northwood
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Laundry Room, Bedroom 1, Kitchen, Bathroom 1, Bedroom 2
Parking
1
Parking features
Assigned, Carport
Spa
1
Patio and Porch features
Patio
Interior features
High Ceilings, Ceiling Fan(s), Open Floorplan
Appliances
Disposal, Electric Water Heater, Microwave, Refrigerator, Electric Oven, Electric Cooktop
Subdivision
Leisure World (LW)
Lot features
Greenbelt
Elementary school district
Los Alamitos Unified
Middle school district
Los Alamitos Unified
High school district
Los Alamitos Unified
Directions
Del Monte to Northwood
Standard status
Active Under Contract
APN
94730915
Size
1,050 SF
Lot size
0.03 Acres
Taxes and HOA fees
HOA Fee
$635 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Radiant, Electric (Heating)
Water source
Public
Building Details
Year built
1962
Floors in Building
1
Number of units
1
Flooring type
Vinyl, Carpet
Listing Agency:
Keller Williams Pacific Estate · Keller Williams Realty
(562) 513-7800
Listed By:
Beatrix Whipple · License #01355505
(562) 972-4336
Added: Feb 11
Changed: Oct 24
Last Checked: Oct 24 at 5:06AM
MLS# PW26031534
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 1,050-square-foot two-bedroom residence at 1541 Northwood is arranged around an open floor plan with high ceilings, natural light, and a south-facing orientation. Expansive windows and sliding glass doors overlook a greenbelt setting, while the living and dining areas provide a connected central gathering space. The primary bedroom includes a skylight and generous closet space, and the second bedroom can serve as an office, guest room, hobby area, or den. Interior features include vinyl and carpet flooring, ceiling fans, radiant and electric heating, and a kitchen equipped with an electric oven, electric cooktop, refrigerator, microwave, disposal, and electric water heater.
The property is located in Mutual 11 within Leisure World Seal Beach, near the north gate and the multi-use recreation center. Assigned carport parking, a patio, public water, and public sewer are included. Built in 1962, the residence also has a laundry room and two bathrooms.
The property is located in Mutual 11 within Leisure World Seal Beach, near the north gate and the multi-use recreation center. Assigned carport parking, a patio, public water, and public sewer are included. Built in 1962, the residence also has a laundry room and two bathrooms.
Key Highlights
- 1,050‑square‑foot two‑bedroom residence in Mutual 11
- South‑facing orientation with greenbelt views, expansive windows, and sliding glass doors
- Primary bedroom includes a skylight and generous closet space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,042
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,840
$400.8K
Cap Rate 7%
$286,314
$286.3K
Cap Rate 9%
$222,689
$222.7K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$37.8K $36.00/SF
− Vacancy
−$1.4K −$1.30/SF
EGI
$36.4K $34.70/SF
− OpEx
−$16.4K −$15.62/SF
NOI
$20.0K $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%
$400,840
Cap Rate 7%
$286,314
Cap Rate 9%
$222,689
Alternative Uses
Best Use
Apartment 5plus
$286.3K
$250.5K – $334.0K
NOI $20,042 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.7K
$308.6K – $411.5K
NOI $24,687 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
567
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 - Open-plan residence with abundant windows, assigned carport parking, patio space, and access to a multi-use recreation center.
Where is this residential income property located?
The property is located at 1541 Northwood Seal Beach, CA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 1,050‑square‑foot two‑bedroom residence in Mutual 11; South‑facing orientation with greenbelt views, expansive windows, and sliding glass doors; Primary bedroom includes a skylight and generous closet space
