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Multifamily Apartment Building

116 Via Estrada Laguna Woods, CA 92637

116 Via Estrada, Laguna Woods, CA, 92637
$298,000
For Sale
Claim this Listing
$298,000

MULTI_FAMILY - Laguna Woods, CA

Property Size1,040 SF
Price / SF$286.54
AddedJul 6
Days on Market11
Last RefreshJul 16 at 1:06 am

Property Features for 116 Via Estrada

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Laundry Room, Bathroom 1, Bathroom 2
Parking
1
Parking features
Assigned, Guest, Carport
Spa
1
Patio and Porch features
Patio
Appliances
Water Heater, Disposal, Microwave, Refrigerator, Electric Oven, Electric Cooktop
Standard status
Active
Size
1,040 SF

Utilities

Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1964
Floors in Building
1
Number of units
16

Listing agent Dave Dyssegard License #01895099

Listing office Surterre Properties Inc 34183 PACIFIC COAST HWY STE B, Newport Beach, CA

Listing date Jul 6, 2026

MLS# OC26146326

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 for-sale multifamily apartment building is located at 116 Via Estrada in Laguna Woods, CA 92637, within Orange County. The property is listed as a residential income asset and is measured at 1,040 square feet. As provided, the offering is categorized under apartment buildings and related multifamily property types, positioning it for buyers seeking a smaller-scale residential income property rather than a large commercial building.

The address anchors the asset in Laguna Woods, CA. No additional details are provided regarding unit count, layout, recent upgrades, or parking. Interested buyers and brokers should confirm all operational and physical characteristics during due diligence, including the current configuration, building systems, and any lease or occupancy particulars.

From a tenant and operator perspective, a smaller multifamily footprint can be a practical fit for those looking to manage a more contained residential income property. Buyers evaluating this asset should focus their review on the specific improvements and condition, verify income and expense details associated with the multifamily classification, and ensure the property’s existing setup aligns with their intended ownership or management approach.

Key Highlights

  • Single‑family home built in 1964 with public water and public sewer
  • Kitchen appliances include refrigerator, electric oven, electric cooktop, microwave, disposal, and water heater
  • Heating includes electric heat and a heat pump

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 $37.4k $36.00
− Vacancy −$1.3k −$1.30
EGI $36.1k $34.70
− OpEx −$16.2k −$15.62
NOI $19.9k $19.09
1,040 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$283.6K
$248.1K – $330.9K (±1% cap)
NOI $19,851 @ 7.0% cap · market cap 6.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.3K
$305.7K – $407.5K (±1% cap)
NOI $24,452 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Locksmith Pet Store Auto Repair Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - For sale multifamily apartment building offering a compact footprint at 116 Via Estrada in Laguna Woods.
Where is this apartment building located?
The property is located at 116 Via Estrada Laguna Woods, CA.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: Single‑family home built in 1964 with public water and public sewer; Kitchen appliances include refrigerator, electric oven, electric cooktop, microwave, disposal, and water heater; Heating includes electric heat and a heat pump
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