13361 El Dorado Drive, Seal Beach, California 90740, Seal Beach, 90740 - 2 bed, 1 bath
ACTIVE$359,000$750/sqft
13361 El Dorado Drive, Seal Beach, California 90740
2Beds
1Bath
750Sqft
1,150Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Comprehensive 55+ Community Amenities: 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.
Top Cons:
Cash Purchase Only & Strict Financial Requirements: 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.
Compared to the nearby listings
Price:$359.0K vs avg $367.2K ($-8,250)47%
Size:750 sqft vs avg 922.5 sqft40%
Price/sqft:$479 vs avg $41776%
More Insights
Built in 1961 (65 years old).
Condition: 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.
Year Built
1961
Close
-
List price
$359K
Original List price
$359K
Price/Sqft
$479
HOA
$529.01
Days on market
-
Sold On
-
MLS number
PW26011100
Home ConditionPoor
Features
Good View:
Patio
View
About this home
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.
C
Craig Jaunzemis
Listing Agent
Condition Rating
Poor
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.
Pros & Cons
Pros
Comprehensive 55+ Community Amenities: 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.
Secure and Secluded Living Environment: 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.
Renovation Opportunity with Key Updates: 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.
Desirable Coastal City Location: Situated in Seal Beach, California, a sought-after coastal city, which adds to the property's appeal and lifestyle benefits.
Dedicated Parking: The property includes a specific carport (098-007) and a golf cart pad, providing convenient and dedicated parking solutions for residents.
Cons
Cash Purchase Only & Strict Financial Requirements: 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.
Stock Cooperative Ownership Structure: 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.
Compact Unit Size & Renovation Scope: 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.