End-Unit Residential
New
For Sale
$378,000
179 Avenida Majorca, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size953 SF
Price / SF$396.64
Days on Market3
Property Features for 179 Avenida Majorca
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Kitchen, Laundry Room, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Parking
1
Parking features
Carport
Spa
1
Patio and Porch features
Patio, Deck, Porch
Interior features
Unfurnished, Living Room Deck Attached
Appliances
Water Heater, Refrigerator, Electric Range, Dishwasher
Subdivision
Leisure World (LW)
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
Enter gate 3. take first right, Cul de sac 57 on the right. Unit on the other side of carport wall.
Standard status
Active
Size
953 SF
Taxes and HOA fees
HOA Fee
$827 Monthly
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Private
Building Details
Year built
1965
Floors in Building
1
Number of units
3
Flooring type
Laminate, Tile, Carpet
Roof type
Shingle
Architectural style
Bungalow
Listing Agency:
Realty One Group West
(949) 297-2020
Listed By:
Marilyn Tyson · License #02038784
(949) 403-0524
Added: Oct 13
Changed: Oct 14
Last Checked: Oct 15 at 12:06AM
MLS# OC26222535
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 953-square-foot end-unit residential property was built in 1965 and has a no-step layout with one shared wall. Interior features include vaulted ceilings, dual-pane windows, central air conditioning, and a tiled walk-in shower. The two-bedroom, two-bathroom floor plan includes a kitchen and laundry room. Tile, laminate, and carpet flooring are installed, and the home is offered unfurnished. A refrigerator, electric range, dishwasher, and water heater are included.
Outdoor features include an enclosed patio and an open courtyard, along with a deck. The property is located several yards from a creek and includes a carport with additional storage. Central heating, public sewer, private water, and cable availability are also noted.
Outdoor features include an enclosed patio and an open courtyard, along with a deck. The property is located several yards from a creek and includes a carport with additional storage. Central heating, public sewer, private water, and cable availability are also noted.
Key Highlights
- 953 square feet; built in 1965
- Two bedrooms and two bathrooms, with a kitchen and laundry room
- End‑unit layout with no steps and one shared wall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,190
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,800
$363.8K
Cap Rate 7%
$259,857
$259.9K
Cap Rate 9%
$202,111
$202.1K
Market Conditions
NOI Build-Up for 953 SF
Gross rent
$34.3K $36.00/SF
− Vacancy
−$1.2K −$1.30/SF
EGI
$33.1K $34.70/SF
− OpEx
−$14.9K −$15.62/SF
NOI
$18.2K $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%
$363,800
Cap Rate 7%
$259,857
Cap Rate 9%
$202,111
Alternative Uses
Best Use
Apartment 5plus
$259.9K
$227.4K – $303.2K
NOI $18,190 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$320.1K
$280.1K – $373.5K
NOI $22,407 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,807
Businesses Nearby
Explore this area
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 single-level home with central air conditioning, two patio areas, and a carport.
Where is this residential income property located?
The property is located at 179 Avenida Majorca Laguna Woods, CA.
What is the asking price?
The asking price for this property is $378,000.
What are key features of this property?
This property features: 953 square feet; built in 1965; Two bedrooms and two bathrooms, with a kitchen and laundry room; End‑unit layout with no steps and one shared wall
