Mediterranean Apartment Building

2108 Ronda Granada Laguna Woods, CA 92637

Claim this Listing
New
For Sale
$335,000

MULTI_FAMILY - Mediterranean - Laguna Woods, CA

Property size:
1,010 SF
Lot size:
0.11 Acres
Price / SF:
$331/SF
Added:
Jul 6, 2026
Days on Market:
5
Last Refresh:
Jul 10 at 2:06 am

Property Features for 2108 Ronda Granada

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Laundry Room, Great Room, Bedroom 1
Parking
1
Parking features
Assigned, Carport
Spa
1
Window features
Shutters, Plantation Shutters
Patio and Porch features
Patio
Interior features
Chair Railings, Open Floorplan
Appliances
Disposal, Electric Water Heater, Refrigerator, Range Hood, Electric Oven, Dishwasher, Electric Cooktop
Standard status
Active
Size
1,010 SF
Lot size
0.11 Acres

Utilities

Sewer type
Public Sewer
Heating system
Radiant, Heat Pump (Heating), Electric (Heating)
Cooling system
Electric, Heat Pump
Water source
Public

Building Details

Year built
1968
Floors in Building
1
Number of units
6
Flooring type
Laminate, Carpet
Architectural style
Mediterranean

Listing agent Lisa Post-Letourneau License #00879175

Listing office Laguna Premier Realty Inc. 24371 El Toro Rd. Ste A, Laguna Woods, CA

Listing date Jul 6, 2026

MLS# OC26146440

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 Mediterranean-style apartment building is offered for sale at 2108 Ronda Granada in Laguna Woods, California. The property is a compact residential income asset with a stated building size of 1,010 square feet on a 0.1148-acre lot.

The offering is located in Orange County within Laguna Woods (92637). As presented, the property is configured as an apartment building, supporting residential rental use under the multifamily asset type.

For buyers looking at small-balance residential income opportunities, this property’s size and apartment building configuration may fit a straightforward acquisition strategy where the primary focus is ownership of a dedicated multifamily structure. Its compact footprint can also be appealing for operators seeking manageable scale while maintaining a residential income profile.

Key Highlights

  • 1968‑built Mediterranean‑style home with an open floorplan
  • Great room layout plus 2 bedrooms and 2 bathrooms
  • Radiant and heat pump (heating) with electric heating; cooling includes electric and heat pump

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $36.4k $36.00
− Vacancy −$1.3k −$1.30
EGI $35.1k $34.70
− OpEx −$15.8k −$15.62
NOI $19.3k $19.09
1,010 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$275.4K
$241.0K – $321.3K (±1% cap)
NOI $19,278 @ 7.0% cap · market cap 5.75%
Second Best
no second resolved use
Theoretical Best
Office A
$339.2K
$296.8K – $395.8K (±1% cap)
NOI $23,747 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Restaurant Clothing & Fashion Store Tanning Salon (Bike/Boat/Book/etc) Store Fish Market Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Residential income building offered for sale, suited for investors seeking a compact apartment asset in Laguna Woods.
Where is this apartment building located?
The property is located at 2108 Ronda Granada Laguna Woods, CA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1968‑built Mediterranean‑style home with an open floorplan; Great room layout plus 2 bedrooms and 2 bathrooms; Radiant and heat pump (heating) with electric heating; cooling includes electric and heat pump
Contact an agent
More about this property
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