Rancho Mission Viejo End-Unit
For Sale
$825,000
111 Juniper Drive Rancho Mission, Ladera Ranch, CA 92694
Designer-upgraded home with pond views and community amenities.
Property Size1,490 SF
Price / SF$553.69
Days on Market409
Property Features for 111 Juniper Drive Rancho Mission
General Information
Standard status
Active
Size
1,490 SF
Property subtype
Condominium
Amenities
Central
Central Air
Dishwasher
Gas Range
Microwave
Refrigerator
Tankless Water Heater
Dryer
Washer
Patio, Sewer Connected, Water Connected
Building Details
Building Size
1,490 SF
Year Built
2022
Stories
3
Listing Agency:
(949) 706-4170
Listed By:
Melissa Edelman
(949) 706-4170
Source:
Kw
Added: Jun 26, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Melissa Edelman
Investment Insights
Based on property information with market context.
Located in the Oasis neighborhood of Rancho Mission Viejo, this end-unit home at 111 Juniper Drive features 2 bedrooms, 2.5 bathrooms, and a loft. The property benefits from an abundance of natural light due to having only one shared wall. The home includes luxury vinyl plank flooring, upgraded floor tile, Roman shades, and stylish light fixtures. The first level features a bedroom with an en-suite bathroom, a walk-in shower, and glass sliding doors to a private patio. The second level offers an open floor plan with a dining area, a chandelier, and views of Boulder Pond. The kitchen is equipped with an oversized island with quartz countertops, soft-close shaker cabinets, a ceramic tile backsplash, and stainless-steel GE Profile appliances. The living room provides balcony access. A powder room is located off the kitchen. The third level includes a loft with views of Boulder Pond, suitable for a home office or conversion into a third bedroom. The primary suite features chandelier lighting, a custom walk-in closet, and a bathroom with a dual-sink vanity, a walk-in shower with subway tiles, bench seating, and a TOTO heated bidet toilet seat. A separate laundry room with a stackable washer and dryer, as well as a hanging rack, is also on this level. Additional features include a two-car attached garage with epoxy flooring, overhead storage racks, added lighting, and a solar system. The property is located near Boulder Pond, a playground, and Ranch Camp. Residents have access to community amenities such as pools, fitness centers, parks, sports courts, an arcade, a dog park, and hiking trails. The property size is 1490 square feet.
Key Highlights
- End‑unit location offers abundant natural light and a single‑family home feel.
- Over $45,000 in designer upgrades, including luxury vinyl plank flooring and stylish light fixtures.
- Stunning views of Boulder Pond from the dining area and loft.
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
$28,440
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
3.45%
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%
$568,800
$568.8K
Cap Rate 7%
$406,286
$406.3K
Cap Rate 9%
$316,000
$316.0K
Market Conditions
NOI Build-Up for 1,490 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
$53.6K $36.00/SF
− Vacancy
−$1.9K −$1.30/SF
EGI
$51.7K $34.70/SF
− OpEx
−$23.3K −$15.62/SF
NOI
$28.4K $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%
$568,800
Cap Rate 7%
$406,286
Cap Rate 9%
$316,000
Alternative Uses
Best Use
Apartment 5plus
$406.3K
$355.5K – $474.0K
NOI $28,440 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$500.5K
$437.9K – $583.9K
NOI $35,032 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 92694, CA
36,637
Population
12,424
Households
2.9
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
40.2 sq mi
ZIP Area
911
Density / Sq Mi
$183,168
Median Household Income
$91,641
Median Earnings
$3,318
Median Rent
$1,042,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Designer-upgraded home with pond views and community amenities.
Where is this apartment building located?
The property is located at 111 Juniper Drive Rancho Mission Ladera Ranch, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: End‑unit location offers abundant natural light and a single‑family home feel.; Over $45,000 in designer upgrades, including luxury vinyl plank flooring and stylish light fixtures.; Stunning views of Boulder Pond from the dining area and loft.
