Spanish-Style Multi-Family
161-D Avenida Majorca Laguna Woods, CA 92637
161-D Avenida Majorca, Laguna Woods, CA, 92637
$318,000
For Sale
$318,000
MULTI_FAMILY - Spanish - Laguna Woods, CA
Property Size1,040 SF
Price / SF$305.77
Days on Market71
Property Features for 161-D Avenida Majorca
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Kitchen, Bedroom 2, Bathroom 2, Laundry Room, Bathroom 1
- Parking features
- Carport
- Spa
- 1
- Window features
- Screens, Double Pane Windows
- Patio and Porch features
- Porch
- Interior features
- Wired for Data, Laminate Counters, Unfurnished
- Appliances
- Electric Oven, Electric Water Heater, Electric Cooktop, Refrigerator, Disposal, Dishwasher, Vented Exhaust Fan, Water Heater
- Standard status
- Active
- Size
- 1,040 SF
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Radiant, Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Stucco
- Roof type
- Composition
- Architectural style
- Spanish
Listing Agency
eXp Realty of California Inc
(888) 584-9427
2603 Camino Ramon Suite 200, San Ramon, CA
Listed by
Leland Chesley · License #00919839
(949) 309-6104
Added: May 8 Checked: Jul 17 at 3:06 am
MLS# OC26100755
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 Spanish-style multi-family residential income property is offered for sale and features 1,040 square feet of living area. The listing is categorized as an “other residential income property,” supporting an investment-oriented purchase.
The property is located at 161-D Avenida Majorca in Laguna Woods, Orange County, California 92637. It is listed for $318,000.
The available information focuses on the property type and size; additional details on unit layout, condition, and amenities are not provided in the listing data.
The property is located at 161-D Avenida Majorca in Laguna Woods, Orange County, California 92637. It is listed for $318,000.
The available information focuses on the property type and size; additional details on unit layout, condition, and amenities are not provided in the listing data.
Key Highlights
- 1964 stucco home with Spanish architectural style
- Electric heating with heat pump and radiant heating; cooling provided by a heat pump
- Interior wired for data with laminate counters and vinyl flooring
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
NOI $19,851 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.3K
$305.7K – $407.5K
NOI $24,452 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Residential income property - For sale as a Spanish-style residential income property with 1,040 square feet of living area.
Where is this residential income property located?
The property is located at 161-D Avenida Majorca Laguna Woods, CA.
What is the asking price?
The asking price for this property is $318,000.
What are key features of this property?
This property features: 1964 stucco home with Spanish architectural style; Electric heating with heat pump and radiant heating; cooling provided by a heat pump; Interior wired for data with laminate counters and vinyl flooring
