Remodeled Residential Income
613 Avenida Sevilla Laguna Woods, CA 92637
New
For Sale
$519,000
MULTI_FAMILY - Laguna Woods, CA
Property Size953 SF
Lot Size0.02 Acres
Price / SF$544.60
Days on Market5
Property Features for 613 Avenida Sevilla
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Living Room, Laundry Room
- Parking
- 1
- Parking features
- Guest, Assigned, Carport
- Spa
- 1
- Window features
- Skylight(s), Screens, Plantation Shutters, Double Pane Windows
- Patio and Porch features
- Patio
- Interior features
- Unfurnished, High Ceilings, Ceiling Fan(s), Recessed Lighting, Open Floorplan, Granite Counters
- Appliances
- Disposal, Electric Water Heater, Microwave, Electric Range, Water Line to Refrigerator, Dishwasher
- Standard status
- Active
- Size
- 953 SF
- Lot size
- 0.02 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1966
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile, Vinyl
Listing Agency:
Laguna Premier Realty Inc.
(949) 900-6930
Listed By:
Trevor Craig · License #02242044
(858) 880-6415
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 27 at 5:06AM
MLS# OC26161671
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 remodeled residential income property features comfortable single-level living with an open floor plan, central air conditioning, and an in-unit washer and dryer. The kitchen opens to the living and dining areas and includes white cabinetry, granite countertops, stainless steel appliances, recessed lighting, and a large breakfast bar. A spacious living room opens to a private patio. Both bedrooms have ceiling fans, plantation shutters, and extensive built-in storage, while the bathrooms have been updated, including a large walk-in shower with seating in the primary bath and a tub and shower in the guest bath. Additional improvements noted include smooth ceilings, skylights, recessed lighting, and abundant storage throughout.
Located near Aliso Creek in Laguna Woods, the home provides convenient access to walking paths and the amenities of Laguna Woods Village. Laguna Woods Village is an active senior community where the first occupant must be 55+, and a second occupant may be 45+.
Residents have access to a 27-hole championship golf course plus a 9-hole executive course, tennis and pickleball, fitness centers, multiple pools, an equestrian center, community gardens, art studios, a woodshop, over 200 clubs, a free community bus, economical RV storage, and guard-gated security. The property is approximately six miles from Laguna Beach.
Located near Aliso Creek in Laguna Woods, the home provides convenient access to walking paths and the amenities of Laguna Woods Village. Laguna Woods Village is an active senior community where the first occupant must be 55+, and a second occupant may be 45+.
Residents have access to a 27-hole championship golf course plus a 9-hole executive course, tennis and pickleball, fitness centers, multiple pools, an equestrian center, community gardens, art studios, a woodshop, over 200 clubs, a free community bus, economical RV storage, and guard-gated security. The property is approximately six miles from Laguna Beach.
Key Highlights
- 2 bedroom, 2 bath single‑level home with open floor plan and high ceilings
- Remodeled kitchen with granite counters, white cabinetry, stainless steel appliances, and a large breakfast bar
- Central heating and central A/C, plus recessed lighting, ceiling fans, and smooth ceilings
Financial Insights For Multifamily LT 5
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 | $29.7k | $31.20 |
| − Vacancy | −$1.0k | −$1.07 |
| EGI | $28.7k | $30.13 |
| − OpEx | −$8.6k | −$9.04 |
| NOI | $20.1k | $21.09 |
953 SF · lease $31.20/SF/yr · vacancy 3.42% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$287.2K
$251.3K – $335.0K
NOI $20,102 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$259.9K
$227.4K – $303.2K
NOI $18,190 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$320.1K
$280.1K – $373.5K
NOI $22,407 @ 7.0% cap · market cap 4.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Remodeled single-level 2 bed, 2 bath with central air, in-unit washer/dryer, and an open kitchen with breakfast bar.
Where is this triplex located?
The property is located at 613 Avenida Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: 2 bedroom, 2 bath single‑level home with open floor plan and high ceilings; Remodeled kitchen with granite counters, white cabinetry, stainless steel appliances, and a large breakfast bar; Central heating and central A/C, plus recessed lighting, ceiling fans, and smooth ceilings
