Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Laguna Woods Quadruplex Opportunity Title is generated by Realmo AI

    747 AVENIDA MAJORCA, Laguna Woods, CA 92637

    View on Map
    Claim this Listing
    Pending
    $419,000

    Quadruplex - Laguna Woods, CA

    Type:Quadruplex
    Property size:
    940 SF
    Lot size:
    3,400.00 Acres
    Added:
    May 22, 2026
    Days on Market:
    10
    Last Refresh:
    May 31 at 2:06 pm

    Property Features for 747 AVENIDA MAJORCA

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Bedrooms
    2
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2
    Parking features
    Carport
    Interior features
    Atrium Doors, Sliding Doors, Double Door Entry
    Exterior features
    Community Features Included: Curbs, Horse Trails, Golf, Biking, Stable(s), Street Lights, Park, Level
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Range, Refrigerator, Washer
    Standard status
    Pending
    Size
    940 SF
    Lot size
    3,400.00 Acres

    Taxes and HOA fees

    Expense value
    912
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1965
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Laminate
    Architectural style
    Other
    Additional Structures
    Stable(s)

    We can help!

    Listing Contact
    Barbara McKelvey

    Listing agent Barbara McKelvey License #00967926

    Listing office Augustus-McKelvey Properties 2702 Hillside Dr, IRVINE, CA

    Listing date May 22, 2026

    MLS# OC26090274 Listing URL

    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.

    HighLights

    • Guard‑gated, resort‑like community in Laguna Woods with abundant amenities and beautiful landscaping.
    • Freshly remodeled and upgraded home with new paint, flooring, dishwasher, sink, refrigerator, bathroom, and skylight.
    • Access to 3 golf courses, tennis, horses, RV parking, pickleball, art and pottery studios, and numerous clubs.
    • Madrid model with a finished front patio (fan & storage) and carport with storage.
    • Fantastic quiet location just outside Gate 3.
    • Freeway close with convenient access to shopping.

    Overview

    Located in the desirable city of Laguna Woods, this quadplex unit offers access to numerous amenities including three golf courses, tennis courts, horse facilities, RV parking, pickleball courts, and art studios. The guard-gated, resort-like community provides a secure environment with convenient freeway access and abundant shopping options. This Madrid model features a finished front patio equipped with a fan and a storage unit. The 940 square-foot property has been freshly remodeled and upgraded, featuring fresh paint, new flooring, a new dishwasher, a new sink, a new refrigerator, a new bathroom, and a new skylight. The home is light and bright, with built-ins in the bedroom. Situated in a quiet location just outside Gate 3, the property includes a carport with storage. The lot size is approximately 0.078 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laguna Woods
    County
    Orange
    State
    California
    Longitude
    -117.714652
    Latitude
    33.597538

    FAQs

    What type of property is this?
    Quadplex - Remodeled quadplex unit in a desirable, amenity-rich Laguna Woods community.
    Where is this quadplex located?
    The property is located at 747 AVENIDA MAJORCA Laguna Woods, CA.
    What is the asking price?
    The asking price for this property is $419,000.
    What are key features of this property?
    This property features: Guard‑gated, resort‑like community in Laguna Woods with abundant amenities and beautiful landscaping.; **Freshly remodeled and upgraded home** with new paint, flooring, dishwasher, sink, refrigerator, bathroom, and skylight.; Access to 3 golf courses, tennis, horses, RV parking, pickleball, art and pottery studios, and numerous clubs.
    (949) 566-4191
    We can help!
    Listing Contact
    Barbara McKelvey
    Real Estate License ID: 00967926
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    747 AVENIDA MAJORCA, Laguna Woods, CA 92637
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!