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13361 El Dorado Drive 201f, Seal Beach, California 90740, Seal Beach, 90740 - 2 bed, 1 bath

13361 El Dorado Drive 201f, Seal Beach, California 90740 home-pic-0
ACTIVE UNDER CONTRACT$359,000
13361 El Dorado Drive 201f, Seal Beach, California 90740
2Beds
1Bath
750Sqft
1,150Lot
Year Built
1961
Close
-
List price
$359K
Original List price
$359K
Price/Sqft
$479
HOA
$529.01
Days on market
-
Sold On
-
MLS number
PW25230141
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $359.0K(50th), sqft - 750(43th), beds - 2(50th), baths - 1(50th).

Secluded corner unit in Leisure World Mutual 8! This home is in a lush, shaded location, and is an "open palette," ready for a new owner who is looking for a renovation opportunity. Existing improvements include skylight, updated windows, functioning HVAC unit, and golf cart pad installed. ...Please see attached supplemental INSPECTION REPORT....kitchen countertop and kitchen sink are to be replaced with new standard items upon close of escrow.... ....CARPORT IS 098-007.... .......LEISURE WORLD amenities include 24/7 guard and patrol service, new gym, new pool/spa, new pickleball courts, five recreation clubhouses, game rooms, lapidary, woodshop, free golf course, numerous free concerts and dances, and over 200 active clubs. ..........LEISURE WORLD is a 55+ community with strict financial requirements to enter. All co-op units are cash purchase only. Buyer is required to provide financial validations before acceptance. Buyer is responsible to perform their own thorough investigations.

Price History

Date
Event
Price
10/02/25
Listing
$359,000
Condition Rating
Poor
Built in 1961, this property is explicitly described as an 'open palette' and a 'renovation opportunity.' While it benefits from updated windows and a functioning HVAC unit, and the seller will replace the kitchen countertop and sink, the overall condition of the kitchen and bathroom is very dated. The kitchen features extremely old appliances (oven, stovetop, dishwasher), dated cabinets, and worn linoleum flooring. The bathroom also has dated fixtures and flooring. These areas require substantial rehabilitation beyond minor updates to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Extensive Community Amenities: The 55+ Leisure World community offers a vast array of recreational, social, and security amenities including a gym, pool/spa, pickleball courts, golf course, and numerous clubs, enhancing the lifestyle for residents.
Renovation Potential: Described as an 'open palette,' this unit presents a significant opportunity for a new owner to customize and modernize the interior to their personal taste and preferences.
Key Updates Already Present: The property benefits from existing improvements such as a skylight, updated windows, a functioning HVAC unit, and a golf cart pad, reducing immediate renovation costs for essential components.
Secluded Corner Location: As a secluded corner unit in a lush, shaded location, it offers enhanced privacy and a desirable, tranquil setting within the community.
Guaranteed Kitchen Upgrades: The seller commits to replacing the kitchen countertop and sink with new standard items upon close of escrow, providing immediate value and a fresh start for a key area.

Cons

Age-Restricted Community: Being a 55+ community with strict entry requirements significantly limits the potential buyer pool, which could impact market time and resale value.
Cash Purchase Only: As a co-op unit, it requires an all-cash purchase, excluding buyers who rely on traditional financing and further narrowing the market of eligible purchasers.
Significant Renovation Investment Needed: While offering potential, the property is an 'open palette' and requires a new owner to undertake substantial renovation work to fully update and personalize the space beyond the basic kitchen upgrades.

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