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Ground-Level Residential Income Property
For Sale
$345,000

558 Avenida Sevilla #C, Laguna Woods, CA 92637

Laguna Woods, CA

Property Size1,040 SF
Lot Size0.02 Acres
Price / SF$331.73
Days on Market10

Property Features for 558 Avenida Sevilla #C

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Rooms Bedroom 1, Bedroom 2, Laundry Room, Bathroom 1, Bathroom 2
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 1
Standard status Active
Size 1,040 SF
Lot size 0.02 Acres

Taxes and HOA fees

HOA Fee $829 Monthly

Utilities

Sewer type Public Sewer
Cooling system Electric
Water source Public

Building Details

Year built 1965
Floors in Building 1
Number of units 8
Listing Agency: Laguna Premier Realty Inc.
Listed By: Joshua Hsu · License #01003317
Added: Oct 2 Changed: Oct 10 Last Checked: Oct 11 at 3:06PM
MLS# OC26212684

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 1,040-square-foot residence, built in 1965, has two bedrooms and 1.75 bathrooms on a ground-level layout with no steps. The enclosed patio adds a separate interior area, and plantation shutters separate it from the living room. Laminate flooring runs through the living area and both bathrooms, while the kitchen has ceramic tile and the bedrooms have carpet. The primary bathroom has a tub-and-shower combination; the guest bathroom’s shower stall has been remodeled. Both bathrooms have updated countertops, sinks, and faucets. Storage is available in the guest bedroom closet and above it, as well as in upper and lower cabinets at carport #413-2, which is accessible without steps.

Key Highlights

  • 1,040 square feet; built in 1965
  • Two bedrooms and 1.75 bathrooms
  • Ground‑level layout with no steps

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,851
Cap Rate
5.75%
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 (±1% cap)
NOI $19,851 @ 7.0% cap · market cap 5.75%
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 7.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery Auto Repair Shop

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

560
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 - A two-bedroom residence includes an enclosed patio and step-free access to its assigned carport.
Where is this residential income property located?
The property is located at 558 Avenida Sevilla #C Laguna Woods, CA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 1,040 square feet; built in 1965; Two bedrooms and 1.75 bathrooms; Ground‑level layout with no steps
More about this property
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