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Residential Income Property with Patio

2104 Ronda Granada, Laguna Woods, CA 92637

For Sale
New
$299,000

Laguna Woods, CA

Property Size1,010 SF
Lot Size0.02 Acres
Price / SF$296.04
Days on Market5

Property Features for 2104 Ronda Granada

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 1, Laundry Room, Bathroom 1
Parking features Carport, Guest
Spa 1
Appliances Water Heater, Disposal, Microwave, Refrigerator, Electric Oven, Dishwasher
Subdivision Leisure World (LW)
Lot features 6-10 Units/ Acre
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions Gate 5 turn right Via Mariposa to Ronda Granada turn right manor on left
Standard status Active
Size 1,010 SF
Lot size 0.02 Acres

Taxes and HOA fees

HOA Fee $761 Monthly

Utilities

Sewer type Public Sewer
Heating system Radiant, Heat Pump (Heating)
Cooling system Window Unit(s), Heat Pump, Wall/Window Unit(s)
Water source Public

Amenities

in-unit washer/dryer
private covered patio
clubhouses
swimming pools
championship golf course
executive golf course
tennis
pickleball
fitness centers
equestrian center
garden plots
social clubs
art studios
woodshop
performing arts center
community transportation
24-hour gated security

Building Details

Year built 1966
Floors in Building 1
Number of units 6
Listing Agency: Surterre Properties Inc
Listed By: Dave Dyssegard · License #01895099
Added: Nov 3 Changed: Nov 6 Last Checked: Nov 7 at 1:06AM
MLS# OC26236294

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.

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Investment Insights

Based on property information with market context.

This 1,010-square-foot, single-level residence has two bedrooms and two bathrooms. The kitchen connects with the dining and living areas, and laundry equipment is located inside the unit. A covered patio extends the living space outdoors. The property was built in 1966 and includes a carport, guest parking, a water heater, disposal, microwave, refrigerator, electric oven, and dishwasher. Heating is provided by a heat pump and radiant system; cooling includes wall or window units and a heat pump.

The home is within Laguna Woods Village, a 55+ community with seven clubhouses, five swimming pools, a 27-hole golf course and a 9-hole executive course. Community facilities and programs also include tennis, pickleball, fitness centers, an equestrian center, garden plots, social clubs, art studios, a woodshop, and a performing arts center. Community transportation and gated security are available.

Key Highlights

  • 1,010‑square‑foot residence with two bedrooms and two bathrooms
  • Single‑level layout with kitchen, dining, and living areas
  • Covered patio and laundry equipment inside the unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,278
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,560 $385.6K
Cap Rate 7%
$275,400 $275.4K
Cap Rate 9%
$214,200 $214.2K
Market Conditions
NOI Build-Up for 1,010 SF
Gross rent
$36.4K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$35.1K $34.70/SF
− OpEx
−$15.8K −$15.62/SF
NOI
$19.3K $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%
$385,560
Cap Rate 7%
$275,400
Cap Rate 9%
$214,200

Alternative Uses

Best Use
Apartment 5plus
$275.4K
$241.0K – $321.3K (±1% cap)
NOI $19,278 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.2K
$296.8K – $395.8K (±1% cap)
NOI $23,747 @ 7.0% cap · market cap 7.94%
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

2,600
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
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 - A single-level two-bedroom residence includes an in-unit laundry area and covered outdoor space within Laguna Woods Village.
Where is this residential income property located?
The property is located at 2104 Ronda Granada Laguna Woods, CA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,010‑square‑foot residence with two bedrooms and two bathrooms; Single‑level layout with kitchen, dining, and living areas; Covered patio and laundry equipment inside the unit
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