Remodeled Residential Income
New
For Sale
$629,000
2063 Via Mariposa E, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size1,150 SF
Price / SF$546.96
Days on Market3
Property Features for 2063 Via Mariposa E
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Kitchen, Laundry Room, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Parking
1
Parking features
Guest, Assigned, Carport, Covered
Spa
1
Window features
Screens, Double Pane Windows
Patio and Porch features
Patio
Interior features
Crown Molding, Quartz Counters, Built-in Features, Ceiling Fan(s), Recessed Lighting, Open Floorplan
Fireplace
1
Appliances
Disposal, Electric Water Heater, Microwave, Refrigerator, Electric Range, Ice Maker, Dishwasher
Subdivision
Leisure World (LW)
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
From Gate 5 turn right onto Via Mariposa and into CDS 207. Park in guest spot at end of cul-de-sac or along curbs
Standard status
Active
Size
1,150 SF
Taxes and HOA fees
HOA Fee
$664 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1968
Floors in Building
1
Number of units
1
Flooring type
Wood
Architectural style
Cottage
Listing Agency:
Laguna Premier Realty Inc.
(949) 900-6930
Listed By:
Donna Empfield · License #01386605
(949) 939-5747
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 22 at 6:06PM
MLS# OC26183777
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,150-square-foot, single-level co-op residence in Laguna Woods offers two bedrooms and two bathrooms. The 1968 cottage-style home has been extensively remodeled with engineered wood flooring, smooth ceilings and walls, crown molding, central HVAC, dual-pane windows, and paneled interior doors. Its open kitchen includes custom cabinetry, quartz countertops, subway-tile backsplash, stainless appliances, a blue island, breakfast bar seating, and a banquette dining area. A built-in media center, electric decorative fireplace, recessed lighting, organized walk-in closets, and Bosch stack washer/dryer add functional detail.
The residence includes both a front entry patio and a larger rear patio with pebble flooring, storage, and wall-mounted fountains. The remodeled guest bathroom has a resurfaced tub and glass enclosure, while the primary bathroom features a walk-in shower and added linen storage. Public water and sewer serve the property, with assigned covered carport parking and guest parking. The home is located at 2063 Via Mariposa E in Laguna Woods, California.
The residence includes both a front entry patio and a larger rear patio with pebble flooring, storage, and wall-mounted fountains. The remodeled guest bathroom has a resurfaced tub and glass enclosure, while the primary bathroom features a walk-in shower and added linen storage. Public water and sewer serve the property, with assigned covered carport parking and guest parking. The home is located at 2063 Via Mariposa E in Laguna Woods, California.
Key Highlights
- 1,150 SF single‑level co‑op residence with 2 bedrooms and 2 bathrooms
- Extensive remodel includes engineered wood flooring, central HVAC, dual‑pane windows, and updated moldings
- Open kitchen with quartz counters, custom cabinetry, stainless appliances, island, and breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,950
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$439,000
$439.0K
Cap Rate 7%
$313,571
$313.6K
Cap Rate 9%
$243,889
$243.9K
Market Conditions
NOI Build-Up for 1,150 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$41.4K $36.00/SF
− Vacancy
−$1.5K −$1.30/SF
EGI
$39.9K $34.70/SF
− OpEx
−$18.0K −$15.62/SF
NOI
$22.0K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$439,000
Cap Rate 7%
$313,571
Cap Rate 9%
$243,889
Alternative Uses
Best Use
Apartment 5plus
$313.6K
$274.4K – $365.8K
NOI $21,950 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$386.3K
$338.0K – $450.6K
NOI $27,038 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,399
Businesses Nearby
Explore this area
Business Placement
Demographics for 92637, CA
17,644
Population
13,494
Households
1.3
Avg Household Size
75
Median Age
52%
College-Educated
97%
High-School Grad
3.0 sq mi
ZIP Area
5,881
Density / Sq Mi
$60,235
Median Household Income
$40,375
Median Earnings
$2,232
Median Rent
$364,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Single-level co-op residence with two bedrooms, two bathrooms, patios, and no steps between levels.
Where is this residential income property located?
The property is located at 2063 Via Mariposa E Laguna Woods, CA.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 1,150 SF single‑level co‑op residence with 2 bedrooms and 2 bathrooms; Extensive remodel includes engineered wood flooring, central HVAC, dual‑pane windows, and updated moldings; Open kitchen with quartz counters, custom cabinetry, stainless appliances, island, and breakfast bar
