Single-Level Residential Income
For Sale
$339,999
637 Avenida Sevilla, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size1,010 SF
Lot Size0.02 Acres
Price / SF$336.63
Days on Market129
Property Features for 637 Avenida Sevilla
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Kitchen, Laundry Room, Bathroom 2
Parking
1
Parking features
Assigned, Carport, Guest, Covered
Spa
1
Window features
Blinds, Double Pane Windows, Screens
Patio and Porch features
Patio
Interior features
Unfurnished, Pantry, Storage
Exterior features
Rain Gutters
Appliances
Electric Oven, Electric Cooktop, Range Hood, Refrigerator, Freezer, Disposal, Dishwasher, Vented Exhaust Fan, Water Heater
Subdivision
Leisure World (LW)
Lot features
Level with Street, Greenbelt
View
Park
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
Enter Gate 3. Right on Avenida Sevilla to the last cul-de-sac on the left side before gate 4 exit.
Standard status
Active
Size
1,010 SF
Lot size
0.02 Acres
Taxes and HOA fees
HOA Fee
$827 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump, Zoned
Water source
Public
Amenities
golf course
tennis
pickleball
fitness center
pool
equestrian center
community gardens
art studio
woodshop
community bus service
RV storage
guard gated security
Building Details
Year built
1966
Floors in Building
1
Number of units
6
Flooring type
Tile
Roof type
Tile
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Laguna Premier Realty Inc.
(949) 900-6930
Listed By:
Jennifer Heflin · License #01225015
(949) 648-0329
Added: Jun 5
Changed: Oct 10
Last Checked: Oct 11 at 4:06PM
MLS# OC26122786
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, single-level residence in Laguna Woods Village offers two bedrooms, two bathrooms, and a layout designed for easy movement without stairs. The living room and guest bedroom connect to a private patio, while the kitchen includes newer appliances, a pantry, disposal, dishwasher, and vented exhaust fan. Tile flooring, fresh paint, newer dual-pane windows, plantation-style faux-wood blinds, and a custom front door are among the interior improvements. Heating is provided by a living-room heat pump, with split-system air conditioning in both bedrooms. The property also includes storage, a linen closet, a tub-and-shower combination, and a separate walk-in shower.
Assigned covered parking is provided at Carport 469, Space 2, with guest parking also available. Laguna Woods Village is a 55 plus community offering a 27 hole championship golf course, a 9 hole executive course, tennis, pickleball, fitness centers, pools, an equestrian center, community gardens, an art studio, a woodshop, more than 200 clubs and organizations, bus service, RV storage, and guard gated security. The community is approximately 6 miles from Laguna Beach.
Assigned covered parking is provided at Carport 469, Space 2, with guest parking also available. Laguna Woods Village is a 55 plus community offering a 27 hole championship golf course, a 9 hole executive course, tennis, pickleball, fitness centers, pools, an equestrian center, community gardens, an art studio, a woodshop, more than 200 clubs and organizations, bus service, RV storage, and guard gated security. The community is approximately 6 miles from Laguna Beach.
Key Highlights
- 1,010 square feet with 2 bedrooms and 2 bathrooms
- Single‑level layout with no stairs
- Living room and guest bedroom open to a private patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,278
Cap Rate
5.67%
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
NOI $19,278 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.2K
$296.8K – $395.8K
NOI $23,747 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - One-story home with patio access, updated windows, tile flooring, and assigned covered parking.
Where is this residential income property located?
The property is located at 637 Avenida Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $339,999.
What are key features of this property?
This property features: 1,010 square feet with 2 bedrooms and 2 bathrooms; Single‑level layout with no stairs; Living room and guest bedroom open to a private patio
