Residential Income Property with
For Sale
$299,800
660 Avenida Sevilla, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size1,009 SF
Price / SF$297.13
Days on Market594
Property Features for 660 Avenida Sevilla
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Kitchen, Laundry Room, Bathroom 2, Bedroom 2
Parking
1
Parking features
Carport
Subdivision
Leisure World (LW)
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
GPS
Standard status
Active
Size
1,009 SF
Taxes and HOA fees
HOA Fee
$761 Monthly
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
balcony
golf course
tennis
pickleball
paddle tennis
lawn bowling
clubhouses
swimming pools
equestrian center
gardening opportunities
art studio
woodshop
RV parking
clubs
Building Details
Year built
1966
Floors in Building
1
Number of units
1
Listing Agency:
HomeSmart, Evergreen Realty
(949) 753-7888
Listed By:
David Redderson · License #01423207
(949) 338-6901
Added: Mar 4, 2025
Changed: Oct 17
Last Checked: Oct 19 at 5:06AM
MLS# OC25047922
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 1,009-square-foot residential income property is a 2-bedroom, 2-bathroom Casa Contenta model built in 1966. The layout includes a large living room, open dining area, kitchen with cabinet and counter space, laundry room, and a balcony accessible from the living area and secondary bedroom. The primary suite includes dedicated closet space and a three-quarter bathroom with a stall shower. Cooling is provided by window and wall/window units, with public water and public sewer service.
The property is located in Laguna Woods Village, a 55+ senior community in Laguna Woods, California. Community amenities include a 27-hole championship golf course, 9-hole executive par-three courses, tennis, pickleball, paddle tennis, lawn bowling, five swimming pools, seven clubhouses, an equestrian center, gardening areas, an art studio, a woodshop, RV parking, and more than 200 clubs and organizations. Carport parking is included.
The property is located in Laguna Woods Village, a 55+ senior community in Laguna Woods, California. Community amenities include a 27-hole championship golf course, 9-hole executive par-three courses, tennis, pickleball, paddle tennis, lawn bowling, five swimming pools, seven clubhouses, an equestrian center, gardening areas, an art studio, a woodshop, RV parking, and more than 200 clubs and organizations. Carport parking is included.
Key Highlights
- 2‑bedroom, 2‑bathroom Casa Contenta model
- 1,009 square feet; built in 1966
- Balcony serves the living area and secondary bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,259
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,180
$385.2K
Cap Rate 7%
$275,129
$275.1K
Cap Rate 9%
$213,989
$214.0K
Market Conditions
NOI Build-Up for 1,009 SF
Gross rent
$36.3K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$35.0K $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%
$385,180
Cap Rate 7%
$275,129
Cap Rate 9%
$213,989
Alternative Uses
Best Use
Apartment 5plus
$275.1K
$240.7K – $321.0K
NOI $19,259 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$338.9K
$296.5K – $395.4K
NOI $23,723 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,249
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 - Two-bedroom home in Laguna Woods Village with open living areas, carport parking, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 660 Avenida Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $299,800.
What are key features of this property?
This property features: 2‑bedroom, 2‑bathroom Casa Contenta model; 1,009 square feet; built in 1966; Balcony serves the living area and secondary bedroom
