Residential Income
489 Calle Cadiz Laguna Woods, CA 92637
489 Calle Cadiz, Laguna Woods, CA, 92637
$439,900
For Sale
$439,900
MULTI_FAMILY - Laguna Woods, CA
Property Size1,100 SF
Price / SF$399.91
Days on Market55
Property Features for 489 Calle Cadiz
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Laundry Room, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Family Room
- Parking features
- Carport, Covered, RV, Guest
- Interior features
- Block Walls, Unfurnished, Ceiling Fan(s), Pantry, Open Floorplan, Granite Counters
- Appliances
- Built-In Range, Electric Oven, Dishwasher
- Standard status
- Active
- Size
- 1,100 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1969
- Floors in Building
- 1
- Flooring type
- Laminate
Listing Agency
Regency Real Estate Brokers
(949) 707-4400
25950 Acero Ste 100, Mission Viejo, CA
Listed by
Jill Daley-Burnett · License #01005640
(949) 289-7830
Added: May 23 Checked: Jul 16 at 4:06 pm
MLS# OC26112879
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.
Investment Insights
Based on property information with market context.
This for-sale residential income, multifamily property is located at 489 Calle Cadiz in Laguna Woods, California. The offering totals 1,100 square feet.
The property is situated in Orange County and is listed under other multifamily/residential income property types. Additional details regarding unit mix, specific building configuration, or onsite amenities were not provided with the listing information.
Interested parties should review the property specifics and available documentation to confirm the layout and any operational considerations tied to the 1,100-square-foot offering.
The property is situated in Orange County and is listed under other multifamily/residential income property types. Additional details regarding unit mix, specific building configuration, or onsite amenities were not provided with the listing information.
Interested parties should review the property specifics and available documentation to confirm the layout and any operational considerations tied to the 1,100-square-foot offering.
Key Highlights
- Single‑level home built in 1969 with an open floorplan
- Kitchen features granite counters, pantry, and includes built‑in range, electric oven, and dishwasher
- Comfort features include heat pump heating and central heat pump cooling, plus ceiling fans
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 | $39.6k | $36.00 |
| − Vacancy | −$1.4k | −$1.30 |
| EGI | $38.2k | $34.70 |
| − OpEx | −$17.2k | −$15.62 |
| NOI | $21.0k | $19.09 |
1,100 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$299.9K
$262.5K – $349.9K
NOI $20,996 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.5K
$323.3K – $431.1K
NOI $25,863 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Multifamily property - For sale residential income multifamily property at 489 Calle Cadiz in Laguna Woods, CA, totaling 1,100 square feet.
Where is this multifamily property located?
The property is located at 489 Calle Cadiz Laguna Woods, CA.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Single‑level home built in 1969 with an open floorplan; Kitchen features granite counters, pantry, and includes built‑in range, electric oven, and dishwasher; Comfort features include heat pump heating and central heat pump cooling, plus ceiling fans
