Residential Income Property with
For Sale
$269,900
476 Calle Cadiz, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size1,040 SF
Lot Size0.02 Acres
Price / SF$259.52
Days on Market10
Property Features for 476 Calle Cadiz
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Bathroom 1, Bathroom 2, Laundry Room, Bedroom 1, Bedroom 2, Kitchen
Parking
1
Parking features
Assigned, Covered, Carport
Spa
1
Window features
Double Pane Windows
Interior features
Balcony, Living Room Balcony, Formica Counters
Appliances
Water Heater, Disposal, Electric Water Heater, Refrigerator, Electric Oven, Dishwasher, Electric Cooktop
Subdivision
Leisure World (LW)
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
Enter gate 3, turn left at Avenida Sevilla, to Calle Cadiz, turn right, building is on the right midway up the dtreet.
Standard status
Active
Size
1,040 SF
Lot size
0.02 Acres
Taxes and HOA fees
HOA Fee
$827 Monthly
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Gravity, Heat Pump (Heating), Electric (Heating)
Cooling system
Heat Pump, Electric, Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
golf courses
swimming pools
fitness centers
clubhouses
tennis courts
pickleball courts
equestrian center
performing arts theater
arts and crafts studios
walking trails
community transportation
24-hour gated security
indoor laundry
covered balcony
Building Details
Year built
1964
Floors in Building
1
Number of units
8
Flooring type
Laminate, Carpet, Vinyl
Building materials
Stucco
Roof type
Shingle
Architectural style
Modern
Listing Agency:
Laguna Premier Realty Inc.
(949) 900-6930
Listed By:
Bob DePew · License #02057870
(714) 350-6565
Added: Oct 12
Changed: Oct 21
Last Checked: Oct 21 at 9:06AM
MLS# OC26226282
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 1,040-square-foot residential income property contains two bedrooms and two bathrooms, with a covered balcony extending from the living area. The kitchen includes an electric cooktop, built-in oven, dishwasher, and refrigerator. A stacked washer and dryer are located indoors. Dual-pane windows and sliding doors, built-in storage, and a wall-mounted heating and cooling unit are among the home’s features. The property was built in 1964.
Located in Laguna Woods Village, the home is part of a gated 55+ community. Community amenities include two golf courses, multiple pools, fitness centers, tennis and pickleball courts, seven clubhouses, and walking trails. The community also has an equestrian center, a performing arts theater, arts and crafts studios, and organized social activities.
Located in Laguna Woods Village, the home is part of a gated 55+ community. Community amenities include two golf courses, multiple pools, fitness centers, tennis and pickleball courts, seven clubhouses, and walking trails. The community also has an equestrian center, a performing arts theater, arts and crafts studios, and organized social activities.
Key Highlights
- 1,040 square feet with 2 bedrooms and 2 bathrooms
- Covered balcony off the living area
- Indoor stacked washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,851
Cap Rate
7.35%
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 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.3K
$305.7K – $407.5K
NOI $24,452 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,781
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom home is within a gated 55+ community with indoor laundry and access to shared recreation amenities.
Where is this residential income property located?
The property is located at 476 Calle Cadiz Laguna Woods, CA.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 1,040 square feet with 2 bedrooms and 2 bathrooms; Covered balcony off the living area; Indoor stacked washer and dryer
