Ground-Floor Residential Income
For Sale
$430,000
625 Avenida Sevilla, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size1,010 SF
Price / SF$425.74
Days on Market40
Property Features for 625 Avenida Sevilla
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Laundry Room
Parking
1
Parking features
Carport
Spa
1
Window features
Insulated Windows, Screens
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Granite Counters
Appliances
Water Heater, Disposal, Microwave, Refrigerator, Dishwasher, Electric Cooktop
Subdivision
Leisure World (LW)
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
Enter Gate 3, turn right on Avenida Sevilla, turn left into CDS 16 or park on Avenida Sevilla Carport 459-12
Standard status
Active
Size
1,010 SF
Taxes and HOA fees
HOA Fee
$827 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Radiant
Cooling system
Heat Pump
Water source
Public
Amenities
swimming pools
clubhouses
gyms
craft studios
golf courses
social clubs
performing arts theater
tennis courts
equestrian trails
stable
fare free bus service
golf cart paths
manned security gates
lawn bowling
bocce ball
pickle ball
cable TV
washer/dryer
ceiling fans
Building Details
Year built
1966
Floors in Building
1
Number of units
1
Flooring type
Carpet, Laminate
Listing Agency:
Village Real Estate Services
(949) 215-1101
Listed By:
Marlene Bridges · License #01232928
(714) 745-2592
Added: Jul 19
Changed: Aug 25
Last Checked: Aug 27 at 4:06PM
MLS# PW26158577
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 1,010-square-foot, ground-floor residence is configured as a two-bedroom, two-bath Casa Linda model. The kitchen includes granite countertops, a custom backsplash, stainless steel appliances, and custom cabinetry. A washer and dryer are located in the primary dressing area, while ceiling fans serve the living room and both bedrooms. The enclosed patio adds a den or television room, and a separate area near the guest bedroom can function as an office. Flooring includes carpet and laminate, with heat pump and radiant heating systems.
The property is within Laguna Woods Village, an active senior community with five swimming pools, seven clubhouses, three gyms, craft studios, tennis courts, golf facilities, social clubs, a performing arts theater, and equestrian amenities. Community features also include fare-free bus service, golf cart paths, security gates, lawn bowling, bocce ball, and pickleball. Laguna Beach, shopping, medical services, hospitals, and the 5 freeway are nearby.
The property is within Laguna Woods Village, an active senior community with five swimming pools, seven clubhouses, three gyms, craft studios, tennis courts, golf facilities, social clubs, a performing arts theater, and equestrian amenities. Community features also include fare-free bus service, golf cart paths, security gates, lawn bowling, bocce ball, and pickleball. Laguna Beach, shopping, medical services, hospitals, and the 5 freeway are nearby.
Key Highlights
- 1,010‑square‑foot Casa Linda model with 2 bedrooms and 2 bathrooms
- Ground‑floor layout with curbside street parking and a carport
- Kitchen with granite counters, custom backsplash, stainless steel appliances, and custom cabinetry
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
$19,278
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
4.48%
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%
$385,560
$385.6K
Cap Rate 7%
$275,400
$275.4K
Cap Rate 9%
$214,200
$214.2K
Market Conditions
NOI Build-Up for 1,010 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
$36.4K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$35.1K $34.70/SF
− OpEx
−$15.8K −$15.62/SF
NOI
$19.3K $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%
$385,560
Cap Rate 7%
$275,400
Cap Rate 9%
$214,200
Alternative Uses
Best Use
Apartment 5plus
$275.4K
$241.0K – $321.3K
NOI $19,278 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.2K
$296.8K – $395.8K
NOI $23,747 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
980
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom residence with an enclosed patio den, granite kitchen finishes, and access to extensive senior-community amenities.
Where is this residential income property located?
The property is located at 625 Avenida Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 1,010‑square‑foot Casa Linda model with 2 bedrooms and 2 bathrooms; Ground‑floor layout with curbside street parking and a carport; Kitchen with granite counters, custom backsplash, stainless steel appliances, and custom cabinetry
