Mediterranean Multi-Family
687 Avenida Sevilla Laguna Woods, CA 92637
New
687 Avenida Sevilla, Laguna Woods, CA, 92637
$598,800
For Sale
Under Contract
$598,800
MULTI_FAMILY - Mediterranean - Laguna Woods, CA
Property Size1,275 SF
Price / SF$469.65
Days on Market6
Property Features for 687 Avenida Sevilla
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Kitchen, Laundry Room, Bathroom 1, Bedroom 1, Bedroom 2
- Parking
- 1
- Parking features
- Carport, Covered
- Spa
- 1
- Window features
- Double Pane Windows, Screens
- Patio and Porch features
- Patio
- Interior features
- Quartz Counters, Furnished, Recessed Lighting, Open Floorplan
- Appliances
- Water Heater, Disposal, Electric Water Heater, Refrigerator, Electric Oven, Dishwasher, Electric Cooktop
- Standard status
- Active Under Contract
- Size
- 1,275 SF
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Zoned
- Cooling system
- Electric, Heat Pump, Zoned
- Water source
- Public
Building Details
- Year built
- 1968
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Stucco
- Architectural style
- Mediterranean
Listing Agency
eXp Realty of California Inc
(888) 584-9427
2603 Camino Ramon Suite 200, San Ramon, CA
Listed by
Leland Chesley · License #00919839
(949) 309-6104
Added: Jul 12 Checked: Jul 17 at 2:06 am
MLS# OC26151529
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 multi-family home is offered for sale as a residential income property in Laguna Woods, California. The property is listed for $598,800 and includes 1,275 square feet of interior space.
The address is 687 Avenida Sevilla, Laguna Woods, CA 92637, in Orange County. Given its multi-family/residential income classification, the home may be suitable for buyers looking for a small, income-focused residential asset within the Laguna Woods market.
The address is 687 Avenida Sevilla, Laguna Woods, CA 92637, in Orange County. Given its multi-family/residential income classification, the home may be suitable for buyers looking for a small, income-focused residential asset within the Laguna Woods market.
Key Highlights
- Mediterranean‑style home built in 1968 with stucco construction
- Open floorplan with quartz counters and recessed lighting
- Includes furnished interior and a patio
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 | $45.9k | $36.00 |
| − Vacancy | −$1.7k | −$1.30 |
| EGI | $44.2k | $34.70 |
| − OpEx | −$19.9k | −$15.62 |
| NOI | $24.3k | $19.09 |
1,275 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$347.7K
$304.2K – $405.6K
NOI $24,336 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$428.2K
$374.7K – $499.6K
NOI $29,977 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - For sale residential income property in Laguna Woods, CA.
Where is this single family property located?
The property is located at 687 Avenida Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $598,800.
What are key features of this property?
This property features: Mediterranean‑style home built in 1968 with stucco construction; Open floorplan with quartz counters and recessed lighting; Includes furnished interior and a patio
