Residential Income Property with
New
For Sale
$275,000
124 Via Estrada, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size1,040 SF
Price / SF$264.42
Days on Market4
Property Features for 124 Via Estrada
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Bathroom 1, Kitchen, Laundry Room, Bathroom 2, Bedroom 1, Bedroom 2
Parking
1
Parking features
Carport, Assigned, Covered, Guest
Spa
1
Window features
Blinds, Screens
Interior features
Corian Counters
Appliances
Disposal, Electric Water Heater, Refrigerator, Electric Oven, Dishwasher, Electric Cooktop
Subdivision
Leisure World (LW)
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
From Via Estrada, turn into CDS 21
Standard status
Active
Size
1,040 SF
Taxes and HOA fees
HOA Fee
$827 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Radiant, Electric (Heating), Heat Pump (Heating)
Cooling system
Window Unit(s), Heat Pump, Electric, Wall/Window Unit(s)
Water source
Public
Amenities
dual-pane windows
laminate flooring
Corian countertops
washer/dryer hookups
covered patio
27-hole championship golf course
9-hole executive par-3 course
pickleball
tennis
lawn bowling
fitness centers
swimming pools
clubhouses
equestrian facilities
garden centers
art studios
woodshop
computer workrooms
educational opportunities
clubs and organizations
Building Details
Year built
1965
Floors in Building
1
Number of units
1
Flooring type
Laminate
Listing Agency:
Laguna Premier Realty Inc.
(949) 900-6930
Listed By:
Donna Empfield · License #01386605
(949) 939-5747
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 1:06AM
MLS# OC26228653
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.
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Investment Insights
Based on property information with market context.
This 1,040-square-foot Majorca co-op, built in 1965, occupies a lower-level position with step-free access. The two-bedroom home includes laminate flooring, dual-pane windows, Corian counters in the kitchen and bathrooms, and washer/dryer hookups. A sliding glass door opens from the living room to a covered, tiled patio facing a greenbelt. The kitchen is equipped with an electric oven, cooktop, dishwasher, refrigerator, and disposal; the residence also has two bathrooms, including a walk-in shower.
The home is near Gate 2 in Laguna Woods Village. Community features include golf courses, swimming pools, fitness centers, tennis and pickleball courts, clubhouses, garden centers, and art studios. Community laundry facilities are located outside the building.
The home is near Gate 2 in Laguna Woods Village. Community features include golf courses, swimming pools, fitness centers, tennis and pickleball courts, clubhouses, garden centers, and art studios. Community laundry facilities are located outside the building.
Key Highlights
- 1,040‑square‑foot, two‑bedroom co‑op
- Lower‑level layout with step‑free access
- Covered, tiled patio with greenbelt outlook
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,851
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,020
$397.0K
Cap Rate 7%
$283,586
$283.6K
Cap Rate 9%
$220,567
$220.6K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$37.4K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$36.1K $34.70/SF
− OpEx
−$16.2K −$15.62/SF
NOI
$19.9K $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 Rate 5%
$397,020
Cap Rate 7%
$283,586
Cap Rate 9%
$220,567
Alternative Uses
Best Use
Apartment 5plus
$283.6K
$248.1K – $330.9K
NOI $19,851 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.3K
$305.7K – $407.5K
NOI $24,452 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,255
Businesses Nearby
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Business Placement
Demographics for 92637, CA
17,644
Population
13,494
Households
1.3
Avg Household Size
75
Median Age
52%
College-Educated
97%
High-School Grad
3.0 sq mi
ZIP Area
5,881
Density / Sq Mi
$60,235
Median Household Income
$40,375
Median Earnings
$2,232
Median Rent
$364,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A lower-level co-op pairs a covered patio and greenbelt outlook with washer and dryer connections.
Where is this residential income property located?
The property is located at 124 Via Estrada Laguna Woods, CA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,040‑square‑foot, two‑bedroom co‑op; Lower‑level layout with step‑free access; Covered, tiled patio with greenbelt outlook
