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Updated Residential Income Property
For Sale
$598,888

2091 Ronda Granada, Laguna Woods, CA 92637

Laguna Woods, CA

Property Size1,400 SF
Price / SF$427.78
Days on Market103

Property Features for 2091 Ronda Granada

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Laundry Room, Bathroom 2
Window features Skylight(s), Double Pane Windows
Interior features Ceiling Fan(s), Open Floorplan, Storage
Appliances Water Heater, Vented Exhaust Fan, Range Hood, Electric Oven, Dishwasher, Electric Cooktop
Subdivision Other (OTHR)
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions Direction: Enter Gate 5. Right on Via Mariposa E, Right on Ronda Granada, Right at first cul-de-sac Unit is at the end of the cul-de-sac . Cross Streets: El Toro and Ave Sevilla
Standard status Active
APN 94736489
Size 1,400 SF

Taxes and HOA fees

HOA Fee $761 Monthly

Utilities

Utilities Cable Available
Sewer type Private Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

24-hour guard-gated community
27-hole championship golf course
tennis complex
equestrian center
7 clubhouses
pools
fitness centers
theater
complimentary transportation

Building Details

Year built 1967
Floors in Building 1
Number of units 4
Flooring type Vinyl
Building materials Stucco
Roof type Composition
Additional Structures Storage
Listing Agency: Keller Williams Coastal Prop. · Keller Williams Realty
Listed By: Nasser Sharif · License #02097892
Added: Jul 1 Changed: Oct 10 Last Checked: Oct 11 at 8:06PM
MLS# PW26141314

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 Cordoba-style residential property offers 1,400 square feet with 3 bedrooms and 2 bathrooms. Updates include fresh paint, new vinyl flooring, dual-pane windows, skylights, and an upgraded kitchen with an electric cooktop, electric oven, dishwasher, and range hood. Central heating and central air support year-round comfort, while ceiling fans, an open floor plan, and storage add practical functionality. The home has one shared wall and views toward a landscaped greenbelt.

Built in 1967, the property includes an assigned carport with extra storage, guest parking, and access to a nearby laundry room. It is located within a 24-hour guard-gated community offering a 27-hole championship golf course, tennis complex, equestrian center, 7 clubhouses, pools, fitness centers, and a theater. Community transportation is available for travel within the community and to nearby shopping and medical facilities.

Key Highlights

  • 1,400‑square‑foot Cordoba‑style home with 3 bedrooms and 2 bathrooms
  • Updated kitchen with electric cooktop, electric oven, dishwasher, and range hood
  • Fresh paint, new vinyl flooring, dual‑pane windows, and skylights

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,722
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,440 $534.4K
Cap Rate 7%
$381,743 $381.7K
Cap Rate 9%
$296,911 $296.9K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$50.4K $36.00/SF
− Vacancy
−$1.8K −$1.30/SF
EGI
$48.6K $34.70/SF
− OpEx
−$21.9K −$15.62/SF
NOI
$26.7K $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%
$534,440
Cap Rate 7%
$381,743
Cap Rate 9%
$296,911

Alternative Uses

Best Use
Apartment 5plus
$381.7K
$334.0K – $445.4K (±1% cap)
NOI $26,722 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.2K
$411.5K – $548.6K (±1% cap)
NOI $32,916 @ 7.0% cap · market cap 5.50%
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 Restaurant Pet Store Pet Store & Service Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

2,600
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
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom home with refreshed finishes, central climate control, skylights, and greenbelt outlooks.
Where is this residential income property located?
The property is located at 2091 Ronda Granada Laguna Woods, CA.
What is the asking price?
The asking price for this property is $598,888.
What are key features of this property?
This property features: 1,400‑square‑foot Cordoba‑style home with 3 bedrooms and 2 bathrooms; Updated kitchen with electric cooktop, electric oven, dishwasher, and range hood; Fresh paint, new vinyl flooring, dual‑pane windows, and skylights
More about this property
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