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    Multi-Family Residential Income Property Title is generated by Realmo AI

    363 Avenida Castilla, Laguna Woods, CA 92637

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    For Sale
    $299,900

    MULTI_FAMILY - Laguna Woods, CA

    Property size:
    1,040 SF
    Price / SF:
    $288/SF
    Added:
    Apr 22, 2026
    Days on Market:
    78
    Last Refresh:
    Jul 8 at 9:06 pm

    Property Features for 363 Avenida Castilla

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Kitchen, Laundry Room
    Parking
    1
    Parking features
    Carport, Covered, Guest, Assigned
    Spa
    1
    Window features
    Double Pane Windows, Screens
    Interior features
    Built-in Features, Unfurnished, Granite Counters
    Appliances
    Disposal, Refrigerator, Electric Oven, Electric Cooktop
    Standard status
    Active
    Size
    1,040 SF

    Utilities

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

    Building Details

    Year built
    1965
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Vinyl, Tile, Carpet

    We can help!

    Contact an agent
    Donna Empfield

    Listing agent Donna Empfield License #01386605

    Listing office Laguna Premier Realty Inc. 24371 El Toro Rd. Ste A, Laguna Woods, CA

    Listing date Apr 22, 2026

    MLS# OC26088713

    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.

    HighLights

    • Single‑family home built in 1965
    • Kitchen features granite counters and includes refrigerator, electric oven, and electric cooktop
    • Heating includes electric heating, heat pump, and radiant
    • Cooling options include wall/window units and window units, plus electric and heat pump
    • Flooring: tile, carpet, and vinyl
    • Parking includes covered, assigned, guest, and carport spaces

    Overview

    This multi-family residential income property is available for sale. The listing indicates a property size of 1,040 square feet. As a residential income asset, it may be of interest to buyers evaluating opportunities in the multi-family rental market.

    The property is located at 363 Avenida Castilla in Laguna Woods, California, within Orange County. The address provides a defined starting point for scheduling showings, reviewing access details, and completing due diligence specific to the site.

    From a buyer’s perspective, multi-family residential income properties are typically evaluated based on factors such as unit configuration, condition, operating costs, and the ability to support rental demand, along with review of local compliance requirements. Interested investors or owner-occupants may use the provided address and size information to coordinate inspections, confirm the property’s current layout and income characteristics, and assess how the asset aligns with their underwriting criteria and ownership goals.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $37.4k $36.00
    − Vacancy −$1.3k −$1.30
    EGI $36.1k $34.70
    − OpEx −$16.2k −$15.62
    NOI $19.9k $19.09
    1,040 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $283.6K
    $248.1K – $330.9K (±1% cap)
    NOI $19,851 @ 7.0% cap · market cap 6.62%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $349.3K
    $305.7K – $407.5K (±1% cap)
    NOI $24,452 @ 7.0% cap · market cap 8.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Bakery (Bike/Boat/Book/etc) Store Auto Repair Shop (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laguna Woods
    County
    Orange
    State
    California
    Longitude
    -117.716612
    Latitude
    33.604287

    FAQs

    What type of property is this?
    Residential income property - For-sale multi-family residential income property in Laguna Woods, CA.
    Where is this residential income property located?
    The property is located at 363 Avenida Castilla Laguna Woods, CA.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: Single‑family home built in 1965; Kitchen features granite counters and includes refrigerator, electric oven, and electric cooktop; Heating includes electric heating, heat pump, and radiant
    More about this property
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