747 AVENIDA MAJORCA Laguna Woods, CA 92637
MULTI_FAMILY - Laguna Woods, CA
Property Features for 747 AVENIDA MAJORCA
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 1, Laundry Room, Bathroom 1, Bedroom 2
- Parking features
- Carport
- Spa
- 1
- Appliances
- Electric Water Heater, Refrigerator, Electric Range, Electric Oven, Dishwasher, Electric Cooktop
- Standard status
- Pending
- Size
- 940 SF
- Lot size
- 0.08 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Laminate
Listing agent Barbara McKelvey License #00967926 (949) 566-4191
Listing office Augustus-McKelvey Properties 2702 Hillside Dr, IRVINE, CA (949) 566-4191
Listing date May 20, 2026
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 in Laguna Woods, in Orange County, California, the property sits at 747 Avenida Majorca. As a quadplex, it presents a compact, low-rise format that can fit well into buyers seeking a manageable multi-unit asset in the Laguna Woods area.
With four units under one roof, the property can support tenant occupancy across multiple separate spaces while keeping ownership and operations consolidated. This makes it a practical fit for buyers looking for a small residential income property and for brokers seeking a clean, easily described multi-family opportunity based on its quadplex configuration.
Key Highlights
- Year built: 1965
- Electric heating with window/wall A/C units
- Carport parking
Local Financial Insights For Multifamily LT 5
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 | $29.3k | $31.20 |
| − Vacancy | −$1.0k | −$1.07 |
| EGI | $28.3k | $30.13 |
| − OpEx | −$8.5k | −$9.04 |
| NOI | $19.8k | $21.09 |
