1443 Merion Way M2, Seal Beach, California 90740, Seal Beach, - bed, bath

ACTIVE UNDER CONTRACT$229,000
1443 Merion Way M2, Seal Beach, California 90740
1Bed
1Bath
553Sqft
Lot
Year Built
1963
Close
-
List price
$229K
Original List price
$229K
Price/Sqft
-
HOA
$552
Days on market
-
Sold On
-
MLS number
PW25176736
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Cute and affordable little cottage! 1 bedroom, 1 bath in Mutual 2 with New luxury vinyl plank flooring and freshly painted with Dunn Edwards paint. This home is on a nice courtyard and has a lovely screened in patio with a large built in storage closet. A quiet area with lots of parking. Don't miss the chance to move in and make it your own!! Leisure World is a 55 and over senior gated community. Great security and great amenities such as a golf course, pool, spa, up to date workout facility, food trucks everyday during the week, ceramics, billiards, pickleball, lapidary, post office, library, and much more. Carport 36 space 11
Price History
Date
Event
Price
09/26/25
Listing
$229,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (182 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 31% |
| Baths | 1 | 1 | 50% |
| Square foot | 553 | 850 | 1% |
| Lot Size | 0 | 1,200 | |
| Price | $229K | $355K | 5% |
| Price per square foot | $414 | $415 | 50% |
| Built year | 1963 | 1962 | 87% |
| HOA | $552 | $534.59 | 17% |
| Days on market | 40 | 159 | 1% |
Condition Rating
Fair
Built in 1963, this property is aged but has received recent cosmetic updates including new luxury vinyl plank flooring and fresh paint, making it clean and move-in ready. However, the kitchen features extremely dated appliances (notably a pink built-in oven and electric coil stovetop) and a pink sink, along with older cabinets and laminate countertops. The bathroom also presents with dated vanity and fixtures. While functional, the major components in the kitchen and bathroom are significantly outdated and would require substantial renovation to meet current quality standards and buyer expectations.
Pros & Cons
Pros
Affordable Price Point: The property offers an accessible entry into the Seal Beach market at $229,000, presenting a cost-effective option within a desirable gated community.
Extensive Community Amenities: Residents gain access to a wide array of amenities including a golf course, pool, spa, fitness center, and various social clubs, fostering an active lifestyle.
Recent Interior Updates: Featuring new luxury vinyl plank flooring and fresh paint, the home provides a clean, modern, and move-in ready interior.
Gated 55+ Community with Security: Located within Leisure World, a secure, gated 55+ community, ensuring peace of mind and a tailored social environment for seniors.
Private Screened Patio & Storage: A lovely screened-in patio offers a comfortable outdoor living space, complemented by a large built-in storage closet for added convenience.
Cons
Stock Cooperative Ownership: This ownership structure is not traditional fee-simple, potentially impacting financing options, equity accumulation, and resale processes.
Compact Living Space: At 553 square feet with a 1 bedroom, 1 bath layout, the property offers limited living space, which may not accommodate all buyer preferences or needs.
High Monthly Association Fee: The $552.00 monthly association fee is substantial for a unit of this size, despite covering a broad range of community amenities.

