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    Multifamily Apartment Building Title is generated by Realmo AI

    118 Via Estrada, Laguna Woods, CA 92637

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    Claim this Listing
    For Sale
    $315,000

    MULTI_FAMILY - Laguna Woods, CA

    Property size:
    1,040 SF
    Lot size:
    0.02 Acres
    Price / SF:
    $302/SF
    Added:
    Apr 4, 2026
    Days on Market:
    90
    Last Refresh:
    Jul 2 at 8:06 am

    Property Features for 118 Via Estrada

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bedroom 2, Living Room, Bathroom 1, Laundry Room, Bedroom 1, Bathroom 2
    Parking
    1
    Parking features
    Carport, Guest, Assigned
    Spa
    1
    Window features
    Screens, Double Pane Windows, Blinds
    Interior features
    Unfurnished, Ceiling Fan(s), Formica Counters
    Appliances
    Disposal, Electric Water Heater, Range Hood, Electric Oven, Dishwasher, Electric Cooktop
    Standard status
    Active
    Size
    1,040 SF
    Lot size
    0.02 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Radiant, Heat Pump (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
    16
    Flooring type
    Carpet, Tile

    We can help!

    Contact an agent
    Claire Craig
    Claire Craig

    Listing agent Claire Craig License #01372644

    Listing office Laguna Premier Realty Inc. 24371 El Toro Rd. Ste A, Laguna Woods, CA

    Listing date Apr 4, 2026

    MLS# OC26084162

    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.

    HighLights

    • 2‑bedroom home with living room and 2 bathrooms
    • Year built 1965
    • Spa on site (SpaYN: true)
    • Public water and public sewer
    • Appliances include electric oven, electric cooktop, dishwasher, and disposal
    • Parking includes carport, guest parking, and assigned parking

    Overview

    This for-sale multifamily apartment building is configured as a residential income property. The reported property size is 1,040 square feet on a 0.0239-acre lot. Suitable for buyers looking for an income-oriented residential asset, the building offers a compact, manageable footprint for oversight and operations.

    The property is located at 118 Via Estrada in Laguna Woods, California (Orange County). Being in a developed residential area, it benefits from established surroundings typical of Laguna Woods.

    From an occupancy and management standpoint, this type of asset can fit buyers seeking a small multifamily holding. The size and lot area may appeal to owner-operators or investors who want a straightforward residential income property rather than a larger, more complex building footprint. To confirm unit mix, layout, and any additional improvements or operating details, interested parties should request the available offering materials and confirm building and financing specifics during due diligence.

    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 6.30%
    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 7.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Laguna Woods
    County
    Orange
    State
    California
    Longitude
    -117.708875
    Latitude
    33.605427

    FAQs

    What type of property is this?
    Apartment building - For sale multifamily property in Laguna Woods, offering income-focused housing with a compact footprint.
    Where is this apartment building located?
    The property is located at 118 Via Estrada Laguna Woods, CA.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: 2‑bedroom home with living room and 2 bathrooms; Year built 1965; Spa on site (SpaYN: true)
    More about this property
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