Mid-Century Residential
New
For Sale
$259,000
692 Avenida Sevilla, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size1,040 SF
Price / SF$249.04
Days on Market4
Property Features for 692 Avenida Sevilla
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Kitchen, Bathroom 2, Laundry Room, Bedroom 1
Parking
1
Parking features
Assigned, Covered, Carport, Guest
Spa
1
Window features
Screens
Interior features
High Ceilings, Living Room Balcony, Formica Counters
Appliances
Disposal, 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
Fro Ave Sevilla, turn into CDS 9 for the carport or park on Ave Majorca right in front of the builing (next to bridle trail)
Standard status
Active
Size
1,040 SF
Taxes and HOA fees
HOA Fee
$827 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Radiant, Electric (Heating), Heat Pump (Heating)
Cooling system
Electric, Window Unit(s), Wall/Window Unit(s), Heat Pump
Water source
Public
Amenities
interior washer/dryer
wall-mounted heat pumps
balcony
golf course
pickleball
tennis
lawn bowling
fitness centers
swimming pools
clubhouses
equestrian facilities
garden centers
art studios
woodshop
computer workrooms
educational opportunities
clubs and organizations
Building Details
Year built
1966
Floors in Building
1
Number of units
1
Flooring type
Carpet, Vinyl
Listing Agency:
Laguna Premier Realty Inc.
(949) 900-6930
Listed By:
Donna Empfield · License #01386605
(949) 939-5747
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 22 at 2:06AM
MLS# OC26228396
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 1,040-square-foot co-op was built in 1966 and has two bedrooms and two bathrooms. Its living and dining area features a vaulted ceiling and opens to a southeast-facing balcony. The home retains original wood kitchen cabinetry and includes interior laundry, two wall-mounted heat pumps, and a mix of carpet and vinyl flooring.
The home sits beside the Laguna Woods Village Bridle Trail. Residents have access to community recreation that includes golf courses, pools, tennis and pickleball courts, fitness centers, equestrian facilities, and clubhouses. The community is described as a 55+ community.
The home sits beside the Laguna Woods Village Bridle Trail. Residents have access to community recreation that includes golf courses, pools, tennis and pickleball courts, fitness centers, equestrian facilities, and clubhouses. The community is described as a 55+ community.
Key Highlights
- 1,040‑square‑foot co‑op with two bedrooms and two bathrooms
- Built in 1966
- Southeast‑facing balcony and vaulted living and dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,851
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,020
$397.0K
Cap Rate 7%
$283,586
$283.6K
Cap Rate 9%
$220,567
$220.6K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$37.4K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$36.1K $34.70/SF
− OpEx
−$16.2K −$15.62/SF
NOI
$19.9K $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%
$397,020
Cap Rate 7%
$283,586
Cap Rate 9%
$220,567
Alternative Uses
Best Use
Apartment 5plus
$283.6K
$248.1K – $330.9K
NOI $19,851 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.3K
$305.7K – $407.5K
NOI $24,452 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
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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 - A two-bedroom home pairs a vaulted living area with a balcony and in-unit laundry.
Where is this residential income property located?
The property is located at 692 Avenida Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 1,040‑square‑foot co‑op with two bedrooms and two bathrooms; Built in 1966; Southeast‑facing balcony and vaulted living and dining area
