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    Residential Income Multifamily Property Title is generated by Realmo AI

    1551 Homewood Road, Seal Beach, CA 90740

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    Claim this Listing
    For Sale
    $389,000

    MULTI_FAMILY - Seal Beach, CA

    Property size:
    1,050 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $370/SF
    Added:
    May 18, 2026
    Days on Market:
    46
    Last Refresh:
    Jul 2 at 5:06 am

    Property Features for 1551 Homewood Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    1
    Rooms
    Bedroom 1, Laundry Room, Bedroom 2, Bathroom 1
    Parking
    1
    Parking features
    Carport
    Spa
    1
    Window features
    Skylight(s), Bay Window(s)
    Patio and Porch features
    Porch
    Fireplace
    1
    Appliances
    Water Heater, Disposal, Refrigerator, Electric Oven, Dishwasher, Electric Cooktop
    Standard status
    Active
    APN
    94728749
    Size
    1,050 SF
    Lot size
    0.03 Acres

    Utilities

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

    Building Details

    Year built
    1962
    Floors in Building
    1
    Number of units
    12
    Flooring type
    Wood

    We can help!

    Contact an agent
    Robin Gray

    Listing agent Robin Gray License #01027333

    Listing office Coldwell Banker Envision 13926 Seal Beach Blvd, Hacienda Heights, CA

    Listing date May 18, 2026

    MLS# PW26108612

    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.

    HighLights

    • Single‑level home built in 1962 with a porch
    • Fireplace plus heat pump and electric heating systems
    • Heat pump and electric cooling
    • Public water and public sewer service
    • Carport parking
    • Kitchen appliances include refrigerator, electric oven, electric cooktop, dishwasher, disposal, and water heater; wood flooring

    Overview

    This offering is a residential income multifamily property presented as an apartment building in Seal Beach, CA. The property is listed for sale with a total property size of 1,050 square feet and a lot size of 0.0253 acres, per the provided information.

    The property is located at 1551 Homewood Road in Seal Beach, Orange County, California, and is being marketed as a multifamily asset for buyers looking for residential rental housing.

    Given the property’s multifamily apartment building classification, it may fit buyers interested in acquiring a small-format residential income asset rather than a single-family home. Prospective buyers and their representatives should review the property details, unit configuration, and any available operating information to confirm suitability for their intended ownership and management approach. All details should be verified directly through the seller and available offering materials.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $37.8k $36.00
    − Vacancy −$1.4k −$1.30
    EGI $36.4k $34.70
    − OpEx −$16.4k −$15.62
    NOI $20.0k $19.09
    1,050 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $286.3K
    $250.5K – $334.0K (±1% cap)
    NOI $20,042 @ 7.0% cap · market cap 5.15%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $352.7K
    $308.6K – $411.5K (±1% cap)
    NOI $24,687 @ 7.0% cap · market cap 6.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seal Beach
    County
    Orange
    State
    California
    Longitude
    -118.085312
    Latitude
    33.765597

    FAQs

    What type of property is this?
    Apartment building - Multifamily residential income property offered for sale at 1551 Homewood Road in Seal Beach.
    Where is this apartment building located?
    The property is located at 1551 Homewood Road Seal Beach, CA.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: Single‑level home built in 1962 with a porch; Fireplace plus heat pump and electric heating systems; Heat pump and electric cooling
    More about this property
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