Single-Family Residence in 55+
740 Avenida Majorca Laguna Woods, CA 92653
740 Avenida Majorca, Laguna Woods, CA, 92653
$375,000
For Sale
$375,000
MULTI_FAMILY - Laguna Woods, CA
Property Size1,000 SF
Lot Size0.23 Acres
Price / SF$375
Days on Market19
Property Features for 740 Avenida Majorca
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bedroom 2, Kitchen, Laundry Room, Bathroom 1
- Parking features
- Carport
- Spa
- 1
- Standard status
- Active
- APN
- 62111106
- Size
- 1,000 SF
- Lot size
- 0.23 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1967
- Floors in Building
- 1
- Number of units
- 1
Listing agency
Redfin
(877) 973-3346
Listed by
Ginger Huetsch · License #01901143
(949) 874-5225
Added: Jul 3 Updated: Jul 20 at 4:25PM Checked: Jul 21 at 4:06PM
MLS# OC26144528
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 charming single-level Majorca model offers 2 bedrooms and 1 bathroom, with large windows that bring in abundant natural light. The home includes a private atrium and a spacious gated patio for outdoor relaxing. A nearby carport includes convenient storage, adding practical functionality to the layout.
Located in the 55+ community of Laguna Woods, residents have access to a range of resort-style amenities, including a 27-hole championship golf course, a 9-hole par-3 course, swimming pools, equestrian facilities with horse stables, and gardening centers. The community also features artist studios and pickleball and tennis courts, along with lawn bowling and more than 200 clubs and organizations.
The property is listed for sale at 740 Avenida Majorca in Laguna Woods, CA 92653.
Located in the 55+ community of Laguna Woods, residents have access to a range of resort-style amenities, including a 27-hole championship golf course, a 9-hole par-3 course, swimming pools, equestrian facilities with horse stables, and gardening centers. The community also features artist studios and pickleball and tennis courts, along with lawn bowling and more than 200 clubs and organizations.
The property is listed for sale at 740 Avenida Majorca in Laguna Woods, CA 92653.
Key Highlights
- 2‑bedroom, 1‑bath single‑level home in the Laguna Woods 55+ community
- Private atrium plus a spacious gated patio for outdoor living
- Nearby carport with storage
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $36.00 |
| − Vacancy | −$1.3k | −$1.30 |
| EGI | $34.7k | $34.70 |
| − OpEx | −$15.6k | −$15.62 |
| NOI | $19.1k | $19.09 |
1,000 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$272.7K
$238.6K – $318.1K
NOI $19,087 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$335.9K
$293.9K – $391.9K
NOI $23,512 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Single-level 2-bedroom, 1-bath home with a private atrium, gated patio, and carport with storage in a 55+ community.
Where is this single family property located?
The property is located at 740 Avenida Majorca Laguna Woods, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath single‑level home in the Laguna Woods 55+ community; Private atrium plus a spacious gated patio for outdoor living; Nearby carport with storage
