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2-Bedroom Residential Income Property
For Sale
$305,000

1282-#68B Golden Rain, Seal Beach, CA 90740

Seal Beach, CA

Property Size700 SF
Lot Size0.02 Acres
Price / SF$435.71
Days on Market107

Property Features for 1282-#68B Golden Rain

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Laundry Room, Bedroom 1, Bedroom 2, Living Room
Parking 1
Interior features Laminate Counters, Block Walls, Storage
Subdivision Leisure World (LW)
View Golf Course
Elementary school district Los Alamitos Unified
Middle school district Los Alamitos Unified
High school district Los Alamitos Unified
Directions Go Direct !!Realtor Pass Required to show Property. Hours 9:00am-4:00pm
Standard status Active
Size 700 SF
Lot size 0.02 Acres

Taxes and HOA fees

HOA Fee $587 Monthly

Utilities

Sewer type Private Sewer
Cooling system Electric, Wall/Window Unit(s), Central Air, Window Unit(s)

Amenities

central air conditioning
drive-up parking
assigned carport
storage
patio

Building Details

Year built 1964
Floors in Building 1
Number of units 68
Additional Structures Storage
Listing Agency: Coldwell Banker Envision · Berkshire Hathaway HomeServices
Listed By: Philip Bak · License #01895031
Added: Jul 10 Changed: Oct 21 Last Checked: Oct 24 at 5:06AM
MLS# PW26151127

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 700-square-foot residential income property includes two bedrooms, one bathroom, a living room, and a laundry room. Built in 1964, the unit features laminate counters, block walls, and dedicated storage located on the patio. Cooling includes central air, and the property is served by a private sewer system.

The unit faces south and offers convenient drive-up parking with an assigned carport. Its address is 1282-#68B Golden Rain in Seal Beach, California, within Orange County and ZIP Code 90740.

Key Highlights

  • 700‑square‑foot residential income property
  • Two bedrooms and one bathroom
  • Central air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,361
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,220 $267.2K
Cap Rate 7%
$190,871 $190.9K
Cap Rate 9%
$148,456 $148.5K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$25.2K $36.00/SF
− Vacancy
−$907 −$1.30/SF
EGI
$24.3K $34.70/SF
− OpEx
−$10.9K −$15.62/SF
NOI
$13.4K $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%
$267,220
Cap Rate 7%
$190,871
Cap Rate 9%
$148,456

Alternative Uses

Best Use
Apartment 5plus
$190.9K
$167.0K – $222.7K (±1% cap)
NOI $13,361 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$235.1K
$205.7K – $274.3K (±1% cap)
NOI $16,458 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

202
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
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Frequently Asked Questions

What type of property is this?
Residential income property - South-facing unit with central air, patio storage, and an assigned carport.
Where is this residential income property located?
The property is located at 1282-#68B Golden Rain Seal Beach, CA.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 700‑square‑foot residential income property; Two bedrooms and one bathroom; Central air conditioning
More about this property
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