1460 Pelham Road M5-106f, Seal Beach, California 90740, Seal Beach, 90740 - 2 bed, 1 bath

1460 Pelham Road M5-106f, Seal Beach, California 90740 home-pic-0
ACTIVE$425,000$850/sqft
1460 Pelham Road M5-106f, Seal Beach, California 90740
2Beds
1Bath
850Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Move-in Ready & Upgraded: The property is described as 'fantastic move in ready' and features valuable updates including dual pane windows, two heat pumps, and beautiful laminate flooring throughout, minimizing immediate buyer expenses.
Top Cons:
Stock Cooperative Ownership: The property is a Stock Cooperative, a distinct ownership structure that may present unique financing challenges and different equity implications compared to traditional real estate.

Compared to the nearby listings

Price:$425.0K vs avg $369.8K (+$55,250)66%
Size:850 sqft vs avg 922.5 sqft48%
Price/sqft:$500 vs avg $41781%

More Insights

Built in 1962 (64 years old).
Condition: This 1962 property has undergone significant and recent updates, making it move-in ready. The description highlights dual-pane windows, two modern heat pumps, and beautiful laminate flooring throughout, which are all visible in the images and contribute to a contemporary feel. The kitchen features a newer countertop, built-in microwave, and dishwasher, though the cabinets and some appliances (like the refrigerator) appear to be clean and functional but not brand new or high-end. The bathroom has an upgraded glass shower, and the in-unit washer/dryer is a valuable addition. While not a full, high-end renovation, the property's major systems and key areas have been well-maintained and updated within what appears to be the last 5-15 years, aligning with the 'Good' condition criteria.
Year Built
1962
Close
-
List price
$425K
Original List price
$425K
Price/Sqft
$500
HOA
$571.12
Days on market
-
Sold On
-
MLS number
PW26012649
Home ConditionGood
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

This is a fantastic move in ready, partially expanded, two bedroom one bath corner unit in Mutual 5. It has the best of all worlds - greenbelt in front for privacy plus drive-up on the side so you can easily unload groceries. In fact there is a side door allowing direct access to the street side of the unit. It has a perfect location right in the middle of Leisure World for easy access to all amenities and well away from the freeway and the power plant. The unit boasts dual pane windows, two heat pumps, and beautiful laminate throughout. The kitchen has a built in microwave and dishwasher as well as a newer countertop. The bathroom shower has upgraded glass and there is a WASHER/DRYER! The patio out front is perfect for that morning coffee or evening wine with friends. There is a lockable storage room on the patio. If you are looking for a move in ready corner unit in a great location at a reasonable price - this is it! Carport located at Bldg 71, Space 31.

C
Carl Kennedy
Listing Agent
Condition Rating
Good

This 1962 property has undergone significant and recent updates, making it move-in ready. The description highlights dual-pane windows, two modern heat pumps, and beautiful laminate flooring throughout, which are all visible in the images and contribute to a contemporary feel. The kitchen features a newer countertop, built-in microwave, and dishwasher, though the cabinets and some appliances (like the refrigerator) appear to be clean and functional but not brand new or high-end. The bathroom has an upgraded glass shower, and the in-unit washer/dryer is a valuable addition. While not a full, high-end renovation, the property's major systems and key areas have been well-maintained and updated within what appears to be the last 5-15 years, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Move-in Ready & Upgraded: The property is described as 'fantastic move in ready' and features valuable updates including dual pane windows, two heat pumps, and beautiful laminate flooring throughout, minimizing immediate buyer expenses.
Premium Corner Unit Features: As a desirable corner unit, it offers enhanced privacy with a greenbelt view and exceptional convenience with drive-up access and a side door for easy grocery unloading.
Ideal Community Location: Strategically located in the middle of Leisure World, it provides easy access to all community amenities while being well-situated away from freeway noise and the power plant.
Modern Interior Conveniences: The unit boasts a kitchen with a built-in microwave, dishwasher, and newer countertop, an upgraded bathroom shower with glass, and the highly sought-after in-unit washer/dryer.
Private Outdoor Space & Storage: Includes a front patio perfect for relaxation and a lockable storage room, adding valuable functional and leisure space.

Cons

Stock Cooperative Ownership: The property is a Stock Cooperative, a distinct ownership structure that may present unique financing challenges and different equity implications compared to traditional real estate.
Monthly Association Fee: The $571.12 monthly association fee is a significant recurring expense that buyers must factor into their long-term budget.
Original Building Age: While the unit has been updated, the 1962 construction year suggests that some underlying building systems or common areas may be older, potentially leading to future maintenance considerations or assessments.
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