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Step-Free-Access Residential Co-op
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For Sale
$390,000

621 Avenida Sevilla, Laguna Woods, CA 92637

Laguna Woods, CA

Property Size1,010 SF
Price / SF$386.14
Days on Market4

Property Features for 621 Avenida Sevilla

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Rooms Bedroom 1, Bedroom 2, Kitchen, Laundry Room, Bathroom 1, Bathroom 2
Parking 1
Parking features Guest, Carport, Assigned, Covered
Spa 1
Window features Plantation Shutters, Screens, Double Pane Windows
Interior features Crown Molding, Balcony, Living Room Balcony, Ceiling Fan(s), Pantry, Recessed Lighting, Granite Counters
Appliances 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 From Ave Sevilla, cross over Aliso Creek and into CDS 12. Make the first right and park in the guest spots - no stairs required. Parking also available on Ave Sevilla right in front - stairs required for street parking
Standard status Active
Size 1,010 SF

Taxes and HOA fees

HOA Fee $827 Monthly

Utilities

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

Amenities

carport
balcony
in-unit washer and dryer
granite countertops
dual-pane windows
plantation shutters
ceiling fans
smooth ceilings
crown molding
golf
pickleball
tennis
lawn bowling
fitness centers
swimming pools
clubhouses
equestrian facilities
garden centers
art studios
woodshop
computer workrooms
educational classes
clubs and organizations

Building Details

Year built 1966
Floors in Building 1
Number of units 1
Flooring type Vinyl, Carpet
Listing Agency: Laguna Premier Realty Inc.
Listed By: Donna Empfield · License #01386605
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 11 at 2:06PM
MLS# OC26219063

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 1,010-square-foot, two-bedroom, two-bath co-op in Laguna Woods Village has a living room that opens onto an elevated balcony. The kitchen features granite counters, recessed lighting, and refaced cabinetry. Other interior details include crown molding, plantation shutters, dual-pane windows, ceiling fans, and an in-unit washer and dryer. The primary bathroom has a walk-in shower, while the second bathroom includes a tub and shower. The residence was built in 1966 and has step-free access from its carport.

At 621 Avenida Sevilla, the home is on a cul-de-sac near Aliso Creek. Laguna Woods Village is a 55+ community with golf courses, pickleball and tennis courts, pools, fitness centers, clubhouses, garden centers, and art studios. The community also offers equestrian facilities, educational classes, and more than 200 clubs and organizations.

Key Highlights

  • 1,010‑square‑foot co‑op with two bedrooms and two bathrooms
  • Step‑free entry from the carport
  • Elevated balcony accessed from the living room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,278
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,560 $385.6K
Cap Rate 7%
$275,400 $275.4K
Cap Rate 9%
$214,200 $214.2K
Market Conditions
NOI Build-Up for 1,010 SF
Gross rent
$36.4K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$35.1K $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%
$385,560
Cap Rate 7%
$275,400
Cap Rate 9%
$214,200

Alternative Uses

Best Use
Apartment 5plus
$275.4K
$241.0K – $321.3K (±1% cap)
NOI $19,278 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.2K
$296.8K – $395.8K (±1% cap)
NOI $23,747 @ 7.0% cap · market cap 6.09%
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 Auto Repair Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Garden Center

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

980
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 layout includes an elevated balcony and direct, step-free entry from the carport.
Where is this residential income property located?
The property is located at 621 Avenida Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 1,010‑square‑foot co‑op with two bedrooms and two bathrooms; Step‑free entry from the carport; Elevated balcony accessed from the living room
More about this property
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