San Sebastian Residential Income
For Sale
$349,900
649 Avenida Sevilla # A, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size953 SF
Lot Size0.03 Acres
Price / SF$367.16
Days on Market186
Property Features for 649 Avenida Sevilla # A
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Laundry Room, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Appliances
Electric Range, Electric Oven, Electric Cooktop
Elementary school district
Capistrano Unified
Middle school district
Capistrano Unified
High school district
Capistrano Unified
Directions
Moulton Parkway turn east an enter in gate on Calle Aragon. Than turn right non Avenida Sevilla.
Subdivision
LW - Laguna Woods
Standard status
Active
Size
953 SF
Lot size
0.03 Acres
Taxes and HOA fees
HOA Fee
$826 Monthly
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Amenities
7 clubhouses
5 swimming pools
2 golf courses
fitness centers
tennis
bocce
pickle ball
arts: pottery, photography, glass, & woodworking
PC & Mac labs
Performing Arts Center
garden centers
equestrian center
RV parking
Building Details
Year built
1965
Floors in Building
1
Number of units
3
Listing Agency:
HomeSmart, Evergreen Realty
(949) 753-7888
Listed By:
Zara Azartash · License #01710752
(949) 922-8608
Added: Apr 17
Changed: Oct 18
Last Checked: Oct 19 at 10:06AM
MLS# OC26079938
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 San Sebastian residence offers 953 square feet with two bedrooms, one full bathroom, and one three-quarter bathroom. The home has a shared wall on one side, with no residence above or below. Interior features include wood laminate flooring, fresh paint, updated countertops and sinks, a garbage disposal, and heat-pump heating and cooling. A sunroom adds flexible living space and brings natural light into the home. Public water service is provided, and the property includes an electric range, oven, and cooktop.
The gated Laguna Woods Village community provides access to seven clubhouses, five swimming pools, two golf courses, fitness centers, tennis, bocce, pickleball, arts facilities, computer labs, a Performing Arts Center, garden centers, an equestrian center, and RV parking. The property was built in 1965 and is near hiking trails.
The gated Laguna Woods Village community provides access to seven clubhouses, five swimming pools, two golf courses, fitness centers, tennis, bocce, pickleball, arts facilities, computer labs, a Performing Arts Center, garden centers, an equestrian center, and RV parking. The property was built in 1965 and is near hiking trails.
Key Highlights
- 953 square feet with two bedrooms and 1 3/4 baths
- San Sebastian floor plan with one shared wall and no unit above or below
- Sunroom expands the living area and provides additional natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,190
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,800
$363.8K
Cap Rate 7%
$259,857
$259.9K
Cap Rate 9%
$202,111
$202.1K
Market Conditions
NOI Build-Up for 953 SF
Gross rent
$34.3K $36.00/SF
− Vacancy
−$1.2K −$1.30/SF
EGI
$33.1K $34.70/SF
− OpEx
−$14.9K −$15.62/SF
NOI
$18.2K $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%
$363,800
Cap Rate 7%
$259,857
Cap Rate 9%
$202,111
Alternative Uses
Best Use
Apartment 5plus
$259.9K
$227.4K – $303.2K
NOI $18,190 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$320.1K
$280.1K – $373.5K
NOI $22,407 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,014
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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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Bright, updated residence with a sunroom and heat-pump heating and cooling in a gated community.
Where is this residential income property located?
The property is located at 649 Avenida Sevilla # A Laguna Woods, CA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 953 square feet with two bedrooms and 1 3/4 baths; San Sebastian floor plan with one shared wall and no unit above or below; Sunroom expands the living area and provides additional natural light
