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Single-Level Cooperative Residence
New
For Sale
$530,000

2153 RONDA GRANADA, Laguna Woods, CA 92637

Laguna Woods, CA

Property Size1,050 SF
Price / SF$504.76
Days on Market6

Property Features for 2153 RONDA GRANADA

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Laundry Room, Bathroom 2, Bedroom 2
Fireplace 1
Subdivision Leisure World (LW)
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions GATE 5,6 LEFT ON RONDA GRANADA, PROPERTY IS ON THE LEFT.
Standard status Active
Size 1,050 SF

Taxes and HOA fees

HOA Fee $990 Monthly

Utilities

Sewer type Public Sewer
Cooling system Heat Pump
Water source Public

Building Details

Year built 1967
Floors in Building 1
Number of units 4
Listing Agency: HomeSmart, Evergreen Realty
Listed By: Jenny Todd · License #01278829
Added: Oct 14 Changed: Oct 17 Last Checked: Oct 19 at 10:06AM
MLS# OC26223586

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 1,050-square-foot cooperative residence has two bedrooms, two bathrooms, a laundry room, and a single-level layout. The unit was built in 1967 and includes a fireplace and heat-pump cooling. Parking occupies the level below, with no residence underneath.

The property is in Laguna Woods. Community offerings include swimming pools, fitness centers, social clubs, and access to multiple nearby golf courses. Public water and sewer serve the residence.

Key Highlights

  • 1,050 square feet with two bedrooms and two bathrooms
  • Single‑level cooperative residence with parking below and no unit underneath
  • Built in 1967; includes a fireplace and heat‑pump cooling

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,042
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,840 $400.8K
Cap Rate 7%
$286,314 $286.3K
Cap Rate 9%
$222,689 $222.7K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$37.8K $36.00/SF
− Vacancy
−$1.4K −$1.30/SF
EGI
$36.4K $34.70/SF
− OpEx
−$16.4K −$15.62/SF
NOI
$20.0K $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%
$400,840
Cap Rate 7%
$286,314
Cap Rate 9%
$222,689

Alternative Uses

Best Use
Apartment 5plus
$286.3K
$250.5K – $334.0K (±1% cap)
NOI $20,042 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.7K
$308.6K – $411.5K (±1% cap)
NOI $24,687 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Residential income properties

Suggested Use

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

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

2,600
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

Frequently Asked Questions

What type of property is this?
Residential income property - The two-bedroom, two-bath layout sits above a parking area, with no residence below.
Where is this residential income property located?
The property is located at 2153 RONDA GRANADA Laguna Woods, CA.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 1,050 square feet with two bedrooms and two bathrooms; Single‑level cooperative residence with parking below and no unit underneath; Built in 1967; includes a fireplace and heat‑pump cooling
More about this property
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