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Multi-Family Income Property

660 Avenida Sevilla Laguna Woods, CA 92637

660 Avenida Sevilla, Laguna Woods, CA, 92637
$299,800
For Sale
$299,800

MULTI_FAMILY - Laguna Woods, CA

Property Size1,009 SF
Price / SF$297.13
Days on Market501

Property Features for 660 Avenida Sevilla

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Laundry Room, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Kitchen
Parking
1
Parking features
Carport
Standard status
Active
Size
1,009 SF

Utilities

Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1966
Floors in Building
1
Number of units
1
Listing Agency HomeSmart, Evergreen Realty
9901 Irvine Center Drive, Irvine, CA
Listed by David Redderson · License #01423207
Added: Mar 4, 2025 Checked: Jul 18 at 2:06 am
MLS# OC25047922

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 residential income property is listed for sale as an “Other residential income” asset in Laguna Woods, California. The property has a total size of 1,009 square feet.

The address is 660 Avenida Sevilla, Laguna Woods, CA 92637, in Orange County. Prospective buyers and brokers can review the property details and income-oriented configuration during the due diligence process.

As presented, the offering is categorized under residential income properties, making it suitable for investors seeking a smaller-footprint income asset.

Key Highlights

  • Year built: 1966
  • Public water and public sewer
  • Window/wall unit cooling

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 $36.3k $36.00
− Vacancy −$1.3k −$1.30
EGI $35.0k $34.70
− OpEx −$15.8k −$15.62
NOI $19.3k $19.09
1,009 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$275.1K
$240.7K – $321.0K (±1% cap)
NOI $19,259 @ 7.0% cap · market cap 6.42%
Second Best
no second resolved use
Theoretical Best
Office A
$338.9K
$296.5K – $395.4K (±1% cap)
NOI $23,723 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Auto Repair Shop (Bike/Boat/Book/etc) Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Residential income property - Residential income property for sale in Laguna Woods, CA with a total size of 1,009 square feet.
Where is this residential income property located?
The property is located at 660 Avenida Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $299,800.
What are key features of this property?
This property features: Year built: 1966; Public water and public sewer; Window/wall unit cooling
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