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Single-Story Residential Income Property

2024 Via Mariposa E, Laguna Woods, CA 92637

For Sale
$399,000
Pending

Laguna Woods, CA

Property Size953 SF
Days on Market190

Property Features for 2024 Via Mariposa E

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Laundry Room, Family Room, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Parking 1
Parking features Carport, Assigned, Covered
Spa 1
Window features Plantation Shutters, Double Pane Windows, Screens
Patio and Porch features Patio
Interior features High Ceilings, Open Floorplan, Granite Counters
Exterior features Lighting
Appliances Water Heater, Disposal, Refrigerator, Electric Range, Dishwasher
Subdivision Leisure World (LW)
Lot features Patio Home
View Park
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions Gate 5, turn right on Via Mariposa East, turn right into cul-de-sac 205, follow left to building 2024
Standard status Pending
Size 953 SF

Taxes and HOA fees

HOA Fee $827 Monthly

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

vaulted ceilings
plantation shutters
granite countertops
central A/C and heat
dual-pane windows
in-unit laundry
enclosed patio
gated community
golf
fitness facilities
clubhouses
swimming pools
transportation

Building Details

Year built 1968
Floors in Building 1
Number of units 1
Flooring type Vinyl, Tile
Building materials Stucco, Drywall Walls
Roof type Tile
Architectural style Cottage
Listing Agency: First Team Real Estate
Listed By: Julie Brim · License CA #01909110
Added: May 4 Changed: Nov 6 Last Checked: Nov 9 at 11:06AM
MLS# OC26117975

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.

Rey
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Investment Insights

Based on property information with market context.

This 953-square-foot single-story end-unit residence, built in 1968, offers an open floor plan with vaulted ceilings, two bedrooms, two bathrooms, and abundant natural light. Recent improvements include luxury vinyl plank flooring in the living areas and bedrooms. The kitchen includes granite counters, white cabinetry, tile flooring, and a dishwasher, while the home also features central A/C and heat, dual-pane windows, plantation shutters, and an in-unit laundry closet with dryer.

An enclosed patio adds outdoor living space and storage. A rear door opens toward a landscaped common-area courtyard, and the assigned covered carport is located nearby. The property is within Laguna Woods Village, a gated 55+ community with golf, fitness facilities, clubhouses, swimming pools, clubs, social activities, and transportation. Shopping, dining, medical services, and the Laguna Beach coastline are minutes away.

Key Highlights

  • 953 SF single‑story end unit with 2 bedrooms and 2 bathrooms
  • New luxury vinyl plank flooring in living areas and bedrooms
  • Open floor plan with vaulted ceilings and plantation shutters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,190
Cap Rate
4.56%
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 (±1% cap)
NOI $18,190 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$320.1K
$280.1K – $373.5K (±1% cap)
NOI $22,407 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,399
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Residential income properties in Orange County, CA

$432 Jul
$493 Aug
$621 Sep
$700 Oct

Properties on Market for Residential income properties in Orange County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - End-unit residence with vaulted ceilings, enclosed patio, central air, and an assigned covered carport.
Where is this residential income property located?
The property is located at 2024 Via Mariposa E Laguna Woods, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 953 SF single‑story end unit with 2 bedrooms and 2 bathrooms; New luxury vinyl plank flooring in living areas and bedrooms; Open floor plan with vaulted ceilings and plantation shutters
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