13361 El Dorado Drive, Seal Beach, California 90740, Seal Beach, 90740 - 2 bed, 1 bath
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Seal Beach, California 90740
This Renovation-Ready Stock Cooperative is listed at $359,000, currently priced above the $286,400 Fair Market Value. Featuring a Poor Condition Rating, this 'open palette' unit serves as a strategic Value-Add asset within the Leisure World community. The property includes essential infrastructure like updated windows, a functioning HVAC, and a secluded patio, though the interior requires a full overhaul. Due to strict cash-only purchase requirements and its location in the Los Alamitos Unified District, this asset is a targeted opportunity for Cash Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13361 El Dorado Drive Subject | $349,000* List Price | 2 | 1 | 750 | $375 | - |
A 13721 El Dorado Dr. Sold | $325,000 | 2 | 1 | 750 | $433 | 0.3 mi |
B 13201 El Ddorado Drive 207-i Sold | $285,000 | 2 | 1 | 750 | $380 | 0.2 mi |
C 1321 Prestwick Road 147k Sold | $309,000 | 2 | 1 | 750 | $412 | 0.3 mi |
D 1301 Oakmont Road 145c Sold | $270,000 | 2 | 1 | 718 | $376 | 0.2 mi |
E 13500 Saint Andrews 7f Sold | $355,000 | 2 | 1 | 896 | $396 | 0.5 mi |
F 13381 El Dorado Dr 202d Sold | $290,000 | 2 | 1 | 750 | $387 | 0.1 mi |
G 13660 El Dorado Drive W 34d Active | $329,000 List Price | 2 | 1 | 750 | $439 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961, this property is described as an 'open palette' and 'renovation opportunity.' While it has updated windows and a functioning HVAC, the interior, particularly the kitchen and bathroom, is extremely dated. The kitchen features very old appliances (built-in oven, cooktop, beige dishwasher, older refrigerator), dated white cabinets, worn laminate countertops (though new ones are promised at close), and old patterned linoleum flooring. The bathroom also has dated vanity, fixtures, and a very old shower enclosure. These areas require substantial rehabilitation and modernization, aligning with the 'poor' condition criteria.
The property is located within Leisure World, offering an extensive array of amenities including a new gym, pool/spa, pickleball courts, five recreation clubhouses, game rooms, free golf course, numerous concerts, dances, and over 200 active clubs, catering perfectly to the 55+ demographic.
Benefits from 24/7 guard and patrol service within the Leisure World community, providing a high level of security. The unit itself is a secluded corner unit in a lush, shaded location, offering privacy and a pleasant environment.
Described as an 'open palette' for a new owner to renovate, allowing for personalization. Crucially, it already includes valuable existing improvements such as a functioning HVAC unit, updated windows, a skylight, and a golf cart pad. Kitchen countertop and sink replacements are also included at escrow.
The property is a co-op unit requiring a cash purchase only, which significantly limits the pool of potential buyers. Additionally, buyers must provide strict financial validations before acceptance, complicating the acquisition process.
As a 'Stock Cooperative,' the ownership structure differs from traditional condominiums or single-family homes, which may be unfamiliar to some buyers and could involve specific rules or limitations unique to this type of ownership.
With 750 sqft, the unit is relatively compact, which may not suit all buyer needs. While offering renovation potential, the 'open palette' description implies that significant additional investment and effort will be required to fully modernize the interior beyond the included kitchen updates.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 750 | 900 | 40% |
| Lot Size | 1,150 | 1,000 | 57% |
| Price | $349.0K | $360.0K | 45% |
| Price per sq ft | $465 | $420 | 69% |
| Built year | 1961 | 1962 | 21% |
| HOA | $529.01 | $554 | 18% |
| Days on market | 96 | 191 | 15% |
Apr 15, 2026
$349,000
$359,000
-3% Price Drop
Initial Listing
Jan 16, 2026
$359,000
Initial Listing