1621 Monterey Road M2-19d, Seal Beach, California 90740, Seal Beach, 90740 - 1 bed, 1 bath
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1621 Monterey Road M2-19d
Seal Beach, California 90740
ACTIVE
CONDITION: GOOD
1Beds
1Baths
600Sq Ft
0Lot Size
Property Price
LIST PRICE$237,000
EST. MARKET VALUE
$250,869
5% BelowMARKET VALUE
SUMMARY
This Turnkey Stock Cooperative presents a Strong Value Opportunity, listed at $237,000—positioned well below the $250,869 Fair Market Value by 5%. This valuation gap offers $13,869 in Instant Equity. Featuring a Condition Rating of 3, the unit is move-in ready with new flooring, paint, and a private shaded patio. Located in the highly-rated Los Alamitos Unified School District, this property is an ideal fit for first-time buyers or owner-occupants seeking a quiet, accessible lifestyle in Leisure World.
Estimated Market Value
$250,869+$13,869 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Seal Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1621 Monterey Road M2-19d Subject | $237,000* List Price | 1 | 1 | 600 | $418 | - |
A 1661 Monterey 16-d Sold | $240,000 | 1 | 1 | 600 | $400 | 0.0 mi |
B 13860 St Andrews Drive 60-h Sold | $254,500 | 1 | 1 | 600 | $424 | 0.1 mi |
C 1661 Monterey Road M2-16j Sold | $235,000 | 1 | 1 | 600 | $392 | 0.0 mi |
D 13881 Thunderbird Sold | $265,000 | 1 | 1 | 600 | $442 | 0.1 mi |
E 1660 Tam O'shanter Sold | $269,000 | 1 | 1 | 700 | $384 | 0.4 mi |
F 13681 St. Andrews 28i Sold | $270,000 | 1 | 1 | 600 | $450 | 0.2 mi |
G 13820 Annandale Dr M1-42b Sold | $289,000 | 1 | 1 | 600 | $482 | 0.2 mi |
H 13741 Annandale Drive 18j Sold | $220,500 | 1 | 1 | 600 | $368 | 0.3 mi |
I 13881 Thunderbird 66h Pending | $262,500 List Price | 1 | 1 | 600 | $438 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the property was built in 1962, it is well-maintained and move-in ready with recent cosmetic updates including new laminate flooring, fresh paint, and a new refrigerator. The kitchen and bath are functional with added solar tubes for natural light, and the exterior shows a modern HVAC condenser, meeting the criteria for a well-maintained, functional home.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Jack L. Weaver Elementary School (9/10). High School: Los Alamitos High School (9/10).
- Turnkey Condition
The unit is move-in ready featuring new laminate flooring, fresh paint, and a new refrigerator, minimizing immediate post-purchase expenses for the buyer.
- Flexible Financing Qualification
Located in Mutual 2, this is the only section of Leisure World that allows non-resident co-owners, significantly easing the financial qualification process for prospective residents.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 600, other record living area = 51042.
- Compact Living Space
At only 600 square feet, the one-bedroom layout is quite small and may feel restrictive for buyers with significant furniture or those needing extra space.
- Cooperative Ownership Constraints
As a stock cooperative built in 1962, the property involves specific board approval requirements and monthly association fees that may not appeal to all traditional buyers.
About 1621 Monterey Road M2-19d
Beautiful, basic 1 bedroom, 1 bath, in Leisure World Seal Beach - Mutual 2. New laminate flooring and new paint throughout. New refrigerator. New patio outdoor carpet. Solar tubes for natural light in the kitchen and bath. Built in storage on the patio. Drive up convenience so you can park right in front of your unit. Faces southeast so the patio is shaded in the afternoon. This unit is in one of the quietest areas of Leisure World - a long way from the freeway and the powerplant. Mutual 2 is the only mutual in Leisure World that allows a non resident co-owner to help the resident buyer to financially qualify. This unit is immaculate and move in ready. Carport Bldg 26, Stall 40
Property Details
Public Facts
- Property Type
- Stock Cooperative
- Year Built
- 1962
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $586.95 / Month
Neighborhood Insights
Seal Beach Unified Schools
J. H. Mcgaugh Elementary School
Grades K-5 • 1.3 mi
8/10
Jack L. Weaver Elementary School
Grades K-5 • 2.0 mi
9/10
Sharon Christa Mcauliffe Middle School
Grades 6-8 • 3.6 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 600 | 925.581 |
| Lot Size | - | 1,150 |
| Price | $237.0K | $353.5K |
| Price per sq ft | $395 | $413 |
| Built year | 1962 | 1962 |
| HOA | $586.95 | $586 |
| Days on market | 12 | 73 |
Pricing History
Listed for Sale
Aug 28, 2026
$237,000
Initial Listing