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Residential Income Property

1562 Golden Rain Road Seal Beach, CA 90740

1562 Golden Rain Road, Seal Beach, CA, 90740
$369,000
For Sale
$369,000

MULTI_FAMILY - Contemporary - Seal Beach, CA

Property Size900 SF
Price / SF$410
Days on Market44

Property Features for 1562 Golden Rain Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Laundry Room, Bathroom 2, Bedroom 2
Parking features
Assigned, Carport
Spa
1
Window features
Screens
Interior features
Laminate Counters, Built-in Features, Open Floorplan, Cathedral Ceiling(s)
Appliances
Electric Oven, Electric Cooktop, Built-In Range, Refrigerator, Dishwasher, Vented Exhaust Fan, Water Heater
Standard status
Active
Size
900 SF

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Radiant
Water source
Public

Building Details

Year built
1960
Floors in Building
1
Number of units
1
Flooring type
Laminate
Building materials
Concrete, Drywall Walls
Roof type
Composition
Architectural style
Contemporary
Listing Agency Gasper-Monteer Realty Group
1900 St. Andrew Dr #B, Seal Beach, CA
Listed by Carol Gasper · License #01276484
Added: Jun 5 Checked: Jul 18 at 7:06 am
MLS# PW26121914

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.


Investment Insights

Based on property information with market context.

This residential income property is described as contemporary and includes a total size of 900 square feet. The listing is categorized under both single-family properties and residential income properties, supporting its use as a generating residential asset.

Located at 1562 Golden Rain Road in Seal Beach, California 90740, the property benefits from its established, coastal Orange County setting. The offering is presented for sale, providing a direct acquisition pathway for qualified buyers.

For investors and owner-operators, this size and configuration can be attractive for maintaining a manageable residential portfolio. The listing’s clear identification as a residential income property makes it suitable to evaluate for income-oriented ownership, assuming due diligence on actual unit configuration, occupancy, and permitted uses. Buyers interested in contemporary residential investments in Seal Beach can use this property as a baseline asset for comparing alternatives within the same market and asset class.

Key Highlights

  • Contemporary home built in 1960 with cathedral ceilings
  • Open floor plan with built‑in features and laminate counters
  • Kitchen includes electric oven, electric cooktop, built‑in range, refrigerator, and dishwasher

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 $32.4k $36.00
− Vacancy −$1.2k −$1.30
EGI $31.2k $34.70
− OpEx −$14.1k −$15.62
NOI $17.2k $19.09
900 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$245.4K
$214.7K – $286.3K (±1% cap)
NOI $17,178 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$302.3K
$264.5K – $352.7K (±1% cap)
NOI $21,160 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Restaurant Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Grocery & Convenience Store Computer & Electronic Repair Furniture & Home Goods (Bike/Boat/Book/etc) Store Acupuncture

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

FAQs

What type of property is this?
Single family property - Contemporary residential income property in Seal Beach, positioned for investors seeking a straightforward ownership opportunity.
Where is this single family property located?
The property is located at 1562 Golden Rain Road Seal Beach, CA.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Contemporary home built in 1960 with cathedral ceilings; Open floor plan with built‑in features and laminate counters; Kitchen includes electric oven, electric cooktop, built‑in range, refrigerator, and dishwasher
Contact an agent
More about this property
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