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Remodeled Residential Income Property
For Sale
$629,000

2063 Via Mariposa E, Laguna Woods, CA 92637

Laguna Woods, CA

Property Size1,150 SF
Price / SF$546.96
Days on Market53

Property Features for 2063 Via Mariposa E

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Rooms Kitchen, Bedroom 2, Bedroom 1, Bathroom 2, Laundry Room, Bathroom 1
Parking 1
Parking features Covered, Guest, Carport, Assigned
Spa 1
Window features Double Pane Windows, Screens
Patio and Porch features Patio
Interior features Crown Molding, Quartz Counters, Built-in Features, Ceiling Fan(s), Recessed Lighting, Open Floorplan
Fireplace 1
Appliances Disposal, Electric Water Heater, Microwave, Refrigerator, Electric Range, Ice Maker, Dishwasher
Subdivision Leisure World (LW)
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions From Gate 5 turn right onto Via Mariposa and into CDS 207. Park in guest spot at end of cul-de-sac or along curbs
Standard status Active
Size 1,150 SF

Taxes and HOA fees

HOA Fee $827 Monthly

Utilities

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

Building Details

Year built 1968
Floors in Building 1
Number of units 1
Flooring type Wood
Architectural style Cottage
Listing Agency: Laguna Premier Realty Inc.
Listed By: Donna Empfield · License #01386605
Added: Aug 20 Changed: Oct 10 Last Checked: Oct 11 at 7:06PM
MLS# OC26183777

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 1,150-square-foot, single-level co-op residence in Laguna Woods offers two bedrooms and two bathrooms. The 1968 cottage-style home has been extensively remodeled with engineered wood flooring, smooth ceilings and walls, crown molding, central HVAC, dual-pane windows, and paneled interior doors. Its open kitchen includes custom cabinetry, quartz countertops, subway-tile backsplash, stainless appliances, a blue island, breakfast bar seating, and a banquette dining area. A built-in media center, electric decorative fireplace, recessed lighting, organized walk-in closets, and Bosch stack washer/dryer add functional detail.

The residence includes both a front entry patio and a larger rear patio with pebble flooring, storage, and wall-mounted fountains. The remodeled guest bathroom has a resurfaced tub and glass enclosure, while the primary bathroom features a walk-in shower and added linen storage. Public water and sewer serve the property, with assigned covered carport parking and guest parking. The home is located at 2063 Via Mariposa E in Laguna Woods, California.

Key Highlights

  • 1,150 SF single‑level co‑op residence with 2 bedrooms and 2 bathrooms
  • Extensive remodel includes engineered wood flooring, central HVAC, dual‑pane windows, and updated moldings
  • Open kitchen with quartz counters, custom cabinetry, stainless appliances, island, and breakfast bar

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,950
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,000 $439.0K
Cap Rate 7%
$313,571 $313.6K
Cap Rate 9%
$243,889 $243.9K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$41.4K $36.00/SF
− Vacancy
−$1.5K −$1.30/SF
EGI
$39.9K $34.70/SF
− OpEx
−$18.0K −$15.62/SF
NOI
$22.0K $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%
$439,000
Cap Rate 7%
$313,571
Cap Rate 9%
$243,889

Alternative Uses

Best Use
Apartment 5plus
$313.6K
$274.4K – $365.8K (±1% cap)
NOI $21,950 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$386.3K
$338.0K – $450.6K (±1% cap)
NOI $27,038 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience Store Florist Restaurant Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
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Frequently Asked Questions

What type of property is this?
Residential income property - Single-level co-op residence with two bedrooms, two bathrooms, patios, and no steps between levels.
Where is this residential income property located?
The property is located at 2063 Via Mariposa E Laguna Woods, CA.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 1,150 SF single‑level co‑op residence with 2 bedrooms and 2 bathrooms; Extensive remodel includes engineered wood flooring, central HVAC, dual‑pane windows, and updated moldings; Open kitchen with quartz counters, custom cabinetry, stainless appliances, island, and breakfast bar
More about this property
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