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Single-Story 2BR Cottage
For Sale
$365,000
Pending

552 Avenida Sevilla, Laguna Woods, CA 92637

Laguna Woods, CA

Property Size953 SF
Lot Size0.02 Acres
Days on Market140

Property Features for 552 Avenida Sevilla

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 2, Bathroom 2, Living Room, Bathroom 1, Bedroom 1, Laundry Room
Parking 1
Parking features Carport
Spa 1
Window features Double Pane Windows
Patio and Porch features Patio
Interior features Cathedral Ceiling(s)
Exterior features Awning(s), Rain Gutters
Appliances Disposal, Refrigerator, Vented Exhaust Fan, Electric Oven, Electric Cooktop
Subdivision Leisure World (LW)
Lot features Landscaped
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions enter gate 3 off Moulton & Calle Aragon turn R at Stop Sign Avenida Sevilla left at CDS 10 left at fork on corner left.
Standard status Pending
APN 92109107
Size 953 SF
Lot size 0.02 Acres

Taxes and HOA fees

HOA Fee $761 Monthly

Utilities

Sewer type Public Sewer
Heating system Radiant, Heat Pump (Heating)
Cooling system Wall/Window Unit(s), Heat Pump, Electric, Window Unit(s)

Building Details

Year built 1965
Floors in Building 1
Number of units 1
Flooring type Carpet, Vinyl
Building materials Stucco
Roof type Composition
Architectural style Cottage
Listing Agency: Connie Beverly, Broker
Listed By: Connie Beverly · License #01067724
Added: Apr 7 Changed: Aug 20 Last Checked: Aug 24 at 11:06AM
MLS# OC26032088

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.

Located at 552 Avenida Sevilla, this single-story 2-bedroom cottage includes a jack-and-jill bath with a tub/shower between. The home is designed for comfort and ease of access, featuring a no-stairs layout, plus a private patio for outdoor use. End-unit privacy is complemented by convenient parking near the front door.

Set within a 55+ resort-style community in Southern California, residents have access to golf, pools, fitness centers, clubhouses, and creek areas, along with Arts and Crafts studios and a woodshop. Community amenities also include pickleball courts, a driving range, tennis, table tennis, bocce ball, and a Performing Arts Center. The property is within a community that provides 24-hour gated security.

The listing notes financial qualifications of income of $40,000 annually and assets of $125,000 plus the selling price.

Key Highlights

  • Single‑story 2‑bedroom cottage with end‑unit privacy and no stairs
  • Jack‑and‑jill bath setup with a tub/shower between the two bedrooms
  • Private patio plus carport parking close to the front door

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
$18,190
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
4.98%
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%
$363,800 $363.8K
Cap Rate 7%
$259,857 $259.9K
Cap Rate 9%
$202,111 $202.1K
Market Conditions
NOI Build-Up for 953 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
$34.3K $36.00/SF
− Vacancy
−$1.2K −$1.30/SF
EGI
$33.1K $34.70/SF
− OpEx
−$14.9K −$15.62/SF
NOI
$18.2K $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%
$363,800
Cap Rate 7%
$259,857
Cap Rate 9%
$202,111

Alternative Uses

Best Use
Apartment 5plus
$259.9K
$227.4K – $303.2K (±1% cap)
NOI $18,190 @ 7.0% cap · market cap 4.98%
Second Best
no second resolved use
Theoretical Best
Office A
$320.1K
$280.1K – $373.5K (±1% cap)
NOI $22,407 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - End-unit cottage offers a private patio and convenient parking close to the front door, all on one level.
Where is this single family property located?
The property is located at 552 Avenida Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Single‑story 2‑bedroom cottage with end‑unit privacy and no stairs; Jack‑and‑jill bath setup with a tub/shower between the two bedrooms; Private patio plus carport parking close to the front door
More about this property
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