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Single-Level Residential Income Property
For Sale
$375,000

526 Calle Aragon, Laguna Woods, CA 92637

Laguna Woods, CA

Property Size1,009 SF
Lot Size0.03 Acres
Price / SF$371.66
Days on Market66

Property Features for 526 Calle Aragon

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Rooms Laundry Room, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Parking 1
Parking features Carport
Interior features Crown Molding, Granite Counters
Appliances Microwave, Refrigerator, Electric Oven, Electric Cooktop
Subdivision Leisure World (LW)
Lot features 6-10 Units/ Acre
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions Gate 1 Turn Left at Calle Aragon
Standard status Active
Size 1,009 SF
Lot size 0.03 Acres

Taxes and HOA fees

HOA Fee $1,009 Monthly

Utilities

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

Amenities

golf
tennis
pickleball
swimming pools
fitness centers
clubhouses
equestrian facilities
art studios
in-unit laundry

Building Details

Year built 1968
Floors in Building 1
Number of units 8
Flooring type Laminate
Roof type Composition
Architectural style Other
Listing Agency: HomeSmart, Evergreen Realty
Listed By: Paris Bolandian · License #01319795
Added: Aug 15 Changed: Oct 17 Last Checked: Oct 19 at 5:06AM
MLS# OC26178702

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 single-level residence contains 1,009 square feet, with two bedrooms and two bathrooms. A remodeled kitchen with granite counters and crown molding connects to the living and dining areas. Laminate flooring, in-unit laundry, and sliding doors leading to a private patio add to the home's features. The property was built in 1968 and has electric heating, window or wall cooling, and a composition roof.

The home is part of Laguna Woods Village, a 55-plus community with golf, tennis, pickleball, swimming pools, fitness centers, clubhouses, equestrian facilities, and art studios. A carport is identified as space 5, with nearby parking also noted.

Key Highlights

  • 1,009‑square‑foot, single‑level home with two bedrooms and two bathrooms
  • Remodeled kitchen with granite counters and crown molding
  • Private patio accessed through sliding doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,259
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,180 $385.2K
Cap Rate 7%
$275,129 $275.1K
Cap Rate 9%
$213,989 $214.0K
Market Conditions
NOI Build-Up for 1,009 SF
Gross rent
$36.3K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$35.0K $34.70/SF
− OpEx
−$15.8K −$15.62/SF
NOI
$19.3K $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%
$385,180
Cap Rate 7%
$275,129
Cap Rate 9%
$213,989

Alternative Uses

Best Use
Apartment 5plus
$275.1K
$240.7K – $321.0K (±1% cap)
NOI $19,259 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$338.9K
$296.5K – $395.4K (±1% cap)
NOI $23,723 @ 7.0% cap · market cap 6.33%
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 Storage Facility Locksmith Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service

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

2,437
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
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Frequently Asked Questions

What type of property is this?
Residential income property - The two-bedroom, two-bath home has a remodeled kitchen, private patio, and in-unit laundry.
Where is this residential income property located?
The property is located at 526 Calle Aragon Laguna Woods, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,009‑square‑foot, single‑level home with two bedrooms and two bathrooms; Remodeled kitchen with granite counters and crown molding; Private patio accessed through sliding doors
More about this property
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