1075 Brookline Rd Unit M9-220E · Seal Beach, CA 90740

$364,900

2 bd · 1.0 ba · 1,150 sqft · Condo · 75 Days on market

Built 1962 Average condition $317/sqft · 5% below area Est $386k · 5% under $716/mo HOA · 19% of rent ↓ 4% since listing

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +10.0/15.0
• Cash flow +9.4/30.0
• Schools +6.1/10.0
• 1% rule +5.3/10.0
• Rent growth +3.7/5.0
• Livability +2.9/5.0
• Condition / age +2.8/5.0
• DSCR +2.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

One of the larger two-bedroom floor plans in Leisure World, offering approximately 1,150 square feet and located toward the back of the community in a quieter area with less traffic. This home retains much of its original character and provides an excellent opportunity to reimagine the space and create a home tailored to your own style and vision. The kitchen and bath offer a blank canvas for thoughtful updates and design. Wood-look laminate flooring adds a clean, low-maintenance surface known for its durability and everyday practicality. The home also features a newer ductless mini-split air conditioning system with exterior condenser, providing efficient heating and cooling year-round. The home's orientation brings in warm afternoon light and pleasant sunset skies that brighten the living areas. Leisure World Seal Beach is a 55+ gated community offering resort-style amenities including a 9-hole golf course, swimming pool and spa, fitness center, pickleball and shuffleboard courts, six clubhouses, library, hobby and craft studios, numerous clubs.

Key facts

• Gated community
• 9-hole golf course
• $716 HOA

Tags

• TWO-BEDROOM FLOOR PLANS
• WOOD-LOOK LAMINATE FLOORING
• GATED COMMUNITY
• RESORT-STYLE AMENITIES
• 9-HOLE GOLF COURSE
• SWIMMING POOL AND SPA

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $365k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $-327 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $318k (13.0% below list).
• Meets the 1% rule at list price ($4k rent vs $365k).
• Recommended offer: $318k (13.0% below list) — sets the bar for cash-flow.
• Cap rate 5.4% vs local median 3.3% in Seal Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 58/100 on livability (#695 in CA) — a working-class tenant base; expect higher turnover. Strengths: employment A+, schools A, housing A-; Watch: health & safety D, crime F, amenities F.
• Los Alamitos Unified (suburban): math 57% / reading 82% proficiency, ranked #52 of 517 in CA (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 10% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising fast (+4.8%/yr); 110 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).
• At $3,769/mo this rent would consume 53% of the median local household income ($85k/yr) (locally 730% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($343k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $317,638 (13.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
3. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
9. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
10. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
11. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
12. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
13. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
14. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.03% ✓
• Cap rate: 5.44%
• Cash-on-cash: -3.06%
• DSCR: 0.86
• GRM: 8.1

CMA / ARV

• ARV (median comp): $386,052
• List price: $364,900
• Delta: -5.48%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.84% rent growth · sell at horizon

5-year hold

• IRR: -19.8%
• Equity multiple: 0.29×
• Total profit: $-72,289
• Equity at exit: $54,408

10-year hold

• IRR: -8.0%
• Equity multiple: 0.44×
• Total profit: $-57,275
• Equity at exit: $31,550

Cash invested: $102,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 90740

• Rents YoY: 4.8%
• Active inventory: 110
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $3,769 high
• Mortgage (P&I): −$1,914
• Tax est. 1.5%: −$456 /mo · $5,474/yr
• Insurance: −$152
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$716
• Vacancy / Maint / Mgmt: −$792
• Net cashflow: $-327

Break-even live

Break-even rent $4,183

Max offer price $317,638

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $91,225
• Closing costs: $10,947
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6300 E Colorado St Unit A Long Beach, CA	2.0	2.0	924	$4,000	$4.33	43d	1	0.72mi
6817 E Bacarro St Long Beach, CA	3.0	2.0	1234	$5,000	$4.05	10d	1	0.88mi
1025 Palo Verde Ave Long Beach, CA	1.0–2.0	1.0–2.5	1326	$4,808	$3.62	1d	3	0.99mi
7084 Island Village Dr Long Beach, CA	3.0	2.0	1227	$4,263	$3.47	19d	1	1.07mi
5980 Bixby Village Dr Long Beach, CA	1.0–2.0	1.0–2.0	749	$3,607	$4.82	1d	20	1.20mi
12400 Montecito Rd Seal Beach, CA	2.0	2.0	1220	$3,550	$2.91	44d	1	1.24mi
12400 Montecito Rd #209 Seal Beach, CA	2.0	2.0	1105	$3,100	$2.81	24d	1	1.25mi
11796 Kensington Rd Rossmoor, CA	2.0	2.0	800	$3,200	$4.00	43d	1	1.33mi
12200 Montecito Rd Seal Beach, CA	2.0–3.0	2.0	1128	$2,800	$2.48	7d	2	1.37mi
5926 Bixby Village Dr Long Beach, CA	1.0–2.0	1.0–2.0	875	$3,846	$4.40	3d	17	1.38mi
12200 Montecito Rd Unit L107 Seal Beach, CA	3.0	2.0	1221	$4,500	$3.69	24d	1	1.40mi

HOA detail condo

• Monthly dues: $716 · $8,592/yr
• Likely covers: poolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 17 events

1. 2026-06-18
   days on market $364,900 Active 75 DOM
2. 2026-06-17
   days on market $364,900 Active 74 DOM
3. 2026-06-16
   days on market $364,900 Active 73 DOM
4. 2026-06-15
   days on market $364,900 Active 72 DOM
5. 2026-06-13
   days on market $364,900 Active 70 DOM
6. 2026-06-13
   days on market $364,900 Active 69 DOM
7. 2026-06-09
   days on market $364,900 Active 66 DOM
8. 2026-06-08
   days on market $364,900 Active 65 DOM
9. 2026-06-07
   days on market $364,900 Active 64 DOM
10. 2026-06-04
    days on market $364,900 Active 61 DOM
11. 2026-06-03
    days on market $364,900 Active 60 DOM
12. 2026-06-02
    days on market $364,900 Active 59 DOM
13. 2026-06-01
    days on market $364,900 Active 58 DOM
14. 2026-05-31
    days on market $364,900 Active 57 DOM
15. 2026-05-11
    price $364,900 1063-char remark

    Show marketing remark (1063 chars)

    One of the larger two-bedroom floor plans in Leisure World, offering approximately 1,150 square feet and located toward the back of the community in a quieter area with less traffic. This home retains much of its original character and provides an excellent opportunity to reimagine the space and create a home tailored to your own style and vision. The kitchen and bath offer a blank canvas for thoughtful updates and design. Wood-look laminate flooring adds a clean, low-maintenance surface known for its durability and everyday practicality. The home also features a newer ductless mini-split air conditioning system with exterior condenser, providing efficient heating and cooling year-round. The home's orientation brings in warm afternoon light and pleasant sunset skies that brighten the living areas. Leisure World Seal Beach is a 55+ gated community offering resort-style amenities including a 9-hole golf course, swimming pool and spa, fitness center, pickleball and shuffleboard courts, six clubhouses, library, hobby and craft studios, numerous clubs.

16. 2026-04-06
    status Active 1063-char remark

    Show marketing remark (1063 chars)

    One of the larger two-bedroom floor plans in Leisure World, offering approximately 1,150 square feet and located toward the back of the community in a quieter area with less traffic. This home retains much of its original character and provides an excellent opportunity to reimagine the space and create a home tailored to your own style and vision. The kitchen and bath offer a blank canvas for thoughtful updates and design. Wood-look laminate flooring adds a clean, low-maintenance surface known for its durability and everyday practicality. The home also features a newer ductless mini-split air conditioning system with exterior condenser, providing efficient heating and cooling year-round. The home's orientation brings in warm afternoon light and pleasant sunset skies that brighten the living areas. Leisure World Seal Beach is a 55+ gated community offering resort-style amenities including a 9-hole golf course, swimming pool and spa, fitness center, pickleball and shuffleboard courts, six clubhouses, library, hobby and craft studios, numerous clubs.

17. 2026-03-17
    listed $379,000 Active 1063-char remark

    Show marketing remark (1063 chars)

    One of the larger two-bedroom floor plans in Leisure World, offering approximately 1,150 square feet and located toward the back of the community in a quieter area with less traffic. This home retains much of its original character and provides an excellent opportunity to reimagine the space and create a home tailored to your own style and vision. The kitchen and bath offer a blank canvas for thoughtful updates and design. Wood-look laminate flooring adds a clean, low-maintenance surface known for its durability and everyday practicality. The home also features a newer ductless mini-split air conditioning system with exterior condenser, providing efficient heating and cooling year-round. The home's orientation brings in warm afternoon light and pleasant sunset skies that brighten the living areas. Leisure World Seal Beach is a 55+ gated community offering resort-style amenities including a 9-hole golf course, swimming pool and spa, fitness center, pickleball and shuffleboard courts, six clubhouses, library, hobby and craft studios, numerous clubs.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥86°F today · 23 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $45,229
• − Mortgage interest: −$20,440
• − Property taxes: −$5,474
• − Insurance: −$2,622
• − Repairs & maintenance: −$3,618
• − Management: −$3,618
• − HOA: −$8,592
• − Depreciation: −$10,615
• Taxable loss: −$9,750
• Est. tax savings @ 24.0%: +$2,340
• After-tax cash flow: $-1,579/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Average 55/100 Cosmetic rehab

This home has average condition with cosmetic updates needed to modernize the kitchen and bath, and replace sliding glass doors. The home is move-in ready with a good HVAC system and low-maintenance landscaping.

Repairs flagged

• Minor kitchen cabinets — dated design
• Minor bath cabinets — dated design
• Moderate exterior siding — moderate wear

Value-add opportunities

• Both update kitchen cabinets and countertops — modernizing the kitchen would appeal to buyers and renters
• Both update bath cabinets and countertops — modernizing the bath would appeal to buyers and renters
• Both paint interior walls — fresh paint would improve the home's curb appeal and interior aesthetics
• Both replace sliding glass doors — newer doors would improve the home's curb appeal and interior aesthetics

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · dated design	Minor	$500–3,000
bath cabinets · dated design	Minor	$500–3,000
exterior siding · moderate wear	Moderate	$3,000–15,000
Total estimated repair cost · 3 items		$4,000–21,000

Value-add ROI direction

• Both update kitchen cabinets and countertops — modernizing the kitchen would appeal to buyers and renters ↑
• Both update bath cabinets and countertops — modernizing the bath would appeal to buyers and renters ↑
• Both paint interior walls — fresh paint would improve the home's curb appeal and interior aesthetics ↑
• Both replace sliding glass doors — newer doors would improve the home's curb appeal and interior aesthetics ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Los Alamitos Unified
• NCES district ID: 0622590
• Math proficiency: 57% ▼ -17.00%
• Reading proficiency: 82% ▼ -1.00%
• Median HH income: $70,819
• Composite: 60.84/100
• National rank: #817
• State rank: #52 of 517 in CA

Livability — Seal Beach

• Score: 58/100
• State rank: #695
• US rank: #21100

Category grades

Amenities F Commute F Cost of living F Crime F Employment A+ Housing A- Health & safety D User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Seal Beach, CA
• County: Orange County · 3,096,323 people
• City population: 24,254
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 24,254
• Household income: $85,347
• Rent vs Own: 23.1% rent · 76.9% own
• Severe rent burden: 730.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 3,477,456 people
• By 2030: 3,613,117 · +3.9%
• By 2040: 3,835,945 · +10.3%
• By 2050: 3,968,736 · +14.1%
• By 2075: 4,097,053 · +17.8%
• By 2100: 3,903,633 · +12.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Asian 14% Hispanic / Latino 12% Two or more races 9% Black 1%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Romanian 3% Portuguese 3% Slovak 2%
• Foreign-born: 18% · South Korea, Canada, China
• Languages at home: 81% English-only · Spanish 6% Korean 4% Other Indo-European 1%

Political lean MEDSL · Orange

• 2024 margin: Toss-up / Even · D 49.7% · R 47.1% · Other 3.2%
• 2008→2024 swing: +5.2pp toward D · 2008: -2.6pp · 2024: 2.6pp
• All cycles: 2024: D+2.6 2020: D+9.0 2016: D+7.7 2012: R+8.3 2008: R+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -804.31%
• Current HPI: 367.662
• Rent YoY: ▲ 4.84%
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-3.7% since first listed

3 events — show timeline

• 2026-05-11 Price Changed $364,900 CRMLS
• 2026-04-06 Relisted — CRMLS
• 2026-03-17 Listed $379,000 CRMLS