Two-Bedroom Residential Income
For Sale
$259,000
Pending
36 Calle Aragon, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size1,040 SF
Days on Market76
Property Features for 36 Calle Aragon
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Kitchen
Parking
1
Parking features
Carport
Spa
1
Appliances
Disposal, Refrigerator, Range Hood, Electric Oven, Electric Cooktop
Subdivision
Leisure World (LW)
Lot features
Corner Lot, Close to Clubhouse
View
Park
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
Gate 1, Ave Sevilla / Via Estrada
Standard status
Pending
Size
1,040 SF
Taxes and HOA fees
HOA Fee
$880 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Radiant, Ductless (Heating)
Cooling system
Ductless
Water source
Public
Amenities
patio
Building Details
Year built
1964
Floors in Building
1
Number of units
1
Flooring type
Carpet, Vinyl
Roof type
Asphalt
Listing Agency:
RE/MAX FREEDOM · RE/MAX International
(760) 488-6471
Listed By:
Johnathon Stewart · License #01893288
(760) 780-2032
Added: Aug 15
Changed: Oct 28
Last Checked: Oct 29 at 5:06AM
MLS# HD26178988
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.
Located at 36 Calle Aragon in Laguna Woods, this 1,040-square-foot co-op residence offers single-level living with two bedrooms, two bathrooms, a kitchen, laundry room, and an open arrangement connecting the main living areas. A patio extends the usable living space, while carpet and vinyl flooring support the interior finish package. Quartz countertops, cabinetry, and electric cooking equipment serve the kitchen, and the bathrooms include a walk-in shower.
Built in 1964, the property has ductless cooling, ductless and radiant heating, an asphalt roof, and carport parking. Public water and public sewer serve the residence. The home is within Laguna Woods Village, a 55+ community in Orange County.
Built in 1964, the property has ductless cooling, ductless and radiant heating, an asphalt roof, and carport parking. Public water and public sewer serve the residence. The home is within Laguna Woods Village, a 55+ community in Orange County.
Key Highlights
- 1,040‑square‑foot co‑op residence with two bedrooms and two bathrooms
- Single‑level layout with open living areas and a patio
- Quartz countertops in the kitchen and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,851
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,020
$397.0K
Cap Rate 7%
$283,586
$283.6K
Cap Rate 9%
$220,567
$220.6K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$37.4K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$36.1K $34.70/SF
− OpEx
−$16.2K −$15.62/SF
NOI
$19.9K $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%
$397,020
Cap Rate 7%
$283,586
Cap Rate 9%
$220,567
Alternative Uses
Best Use
Apartment 5plus
$283.6K
$248.1K – $330.9K
NOI $19,851 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.3K
$305.7K – $407.5K
NOI $24,452 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,909
Businesses Nearby
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Business Placement
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 in a 55+ community with an open layout, patio, updated surfaces, and carport parking.
Where is this residential income property located?
The property is located at 36 Calle Aragon Laguna Woods, CA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 1,040‑square‑foot co‑op residence with two bedrooms and two bathrooms; Single‑level layout with open living areas and a patio; Quartz countertops in the kitchen and bathrooms
