Updated Three-Bedroom Quadplex
For Sale
$598,888
2091 Ronda Granada, Laguna Woods, CA 92637
MULTI_FAMILY - Laguna Woods, CA
Property Size1,400 SF
Price / SF$427.78
Days on Market47
Property Features for 2091 Ronda Granada
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1
Window features
Double Pane Windows, Skylight(s)
Interior features
Ceiling Fan(s), Open Floorplan, Storage
Appliances
Water Heater, Vented Exhaust Fan, Range Hood, Electric Oven, Dishwasher, Electric Cooktop
Subdivision
Other (OTHR)
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
Direction: Enter Gate 5. Right on Via Mariposa E, Right on Ronda Granada, Right at first cul-de-sac Unit is at the end of the cul-de-sac . Cross Streets: El Toro and Ave Sevilla
Standard status
Active
APN
94736489
Size
1,400 SF
Taxes and HOA fees
HOA Fee
$761 Monthly
Utilities
Utilities
Cable Available
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
central A/C and heating
updated dual-pane windows
skylights
ceiling fans
upgraded kitchen
laundry room
24-hour guard-gated community
27-hole championship golf course
tennis complex
equestrian center
7 clubhouses
pools
fitness centers
theater
complimentary transportation
Building Details
Year built
1967
Floors in Building
1
Number of units
4
Flooring type
Vinyl
Building materials
Stucco
Roof type
Composition
Additional Structures
Storage
Listing Agency:
Keller Williams Coastal Prop. · Keller Williams Realty
(562) 961-1400
Listed By:
Nasser Sharif · License #02097892
(562) 221-8000
Added: Jul 1
Changed: Aug 14
Last Checked: Aug 16 at 1:06PM
MLS# PW26141314
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.
Updated Cordoba-style three-bedroom, two-bath home with freshly painted interiors and new flooring throughout. The layout includes an open floorplan with skylights, ceiling fans, updated dual-pane windows, and central A/C and heating. A skylight-lit interior pairs with an upgraded kitchen and a comfortable living feel, with only one shared wall for added privacy. The home also includes storage and access to a nearby laundry room.
Construction features include stucco exterior materials, vinyl flooring, and a composition roof. The home is equipped with a water heater and range hood, and utilities include cable available. Water is public, and sewer is private sewer. Built in 1967, the home is positioned near an assigned carport with extra storage, along with ample guest parking.
Set within a 24-hour guard-gated active adult community, residents enjoy on-site resort-style amenities including a 27-hole championship golf course, tennis complex, equestrian center, seven clubhouses, pools, fitness centers, a theater, and complimentary transportation within the community and to nearby shopping and medical facilities.
Construction features include stucco exterior materials, vinyl flooring, and a composition roof. The home is equipped with a water heater and range hood, and utilities include cable available. Water is public, and sewer is private sewer. Built in 1967, the home is positioned near an assigned carport with extra storage, along with ample guest parking.
Set within a 24-hour guard-gated active adult community, residents enjoy on-site resort-style amenities including a 27-hole championship golf course, tennis complex, equestrian center, seven clubhouses, pools, fitness centers, a theater, and complimentary transportation within the community and to nearby shopping and medical facilities.
Key Highlights
- Cordoba‑style three‑bedroom, two‑bath with open floorplan and skylights
- Central A/C and heating plus updated dual‑pane windows
- One shared wall for added privacy
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
$29,530
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
4.93%
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%
$590,600
$590.6K
Cap Rate 7%
$421,857
$421.9K
Cap Rate 9%
$328,111
$328.1K
Market Conditions
NOI Build-Up for 1,400 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
$43.7K $31.20/SF
− Vacancy
−$1.5K −$1.07/SF
EGI
$42.2K $30.13/SF
− OpEx
−$12.7K −$9.04/SF
NOI
$29.5K $21.09/SF
Area
Orange County, CA
Vacancy
3.42%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
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%
$590,600
Cap Rate 7%
$421,857
Cap Rate 9%
$328,111
Alternative Uses
Best Use
Multifamily LT 5
$421.9K
$369.1K – $492.2K
NOI $29,530 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$381.7K
$334.0K – $445.4K
NOI $26,722 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$470.2K
$411.5K – $548.6K
NOI $32,916 @ 7.0% cap · market cap 5.50%
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
2,666
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Updated interior with central A/C, dual-pane windows, skylights, and a nearby assigned carport with extra storage in a 24-hour guard-gated community.
Where is this quadplex located?
The property is located at 2091 Ronda Granada Laguna Woods, CA.
What is the asking price?
The asking price for this property is $598,888.
What are key features of this property?
This property features: Cordoba‑style three‑bedroom, two‑bath with open floorplan and skylights; Central A/C and heating plus updated dual‑pane windows; One shared wall for added privacy
