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Single-Level Residential Income Property
For Sale
$355,000

759 Calle Aragon S, Laguna Woods, CA 92673

Laguna Woods, CA

Property Size950 SF
Lot Size0.02 Acres
Price / SF$373.68
Days on Market43

Property Features for 759 Calle Aragon S

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1, Kitchen, Laundry Room, Bedroom 2
Parking 1
Parking features Covered, Assigned, Carport
Spa 1
Window features Skylight(s), Blinds
Patio and Porch features Patio
Interior features High Ceilings, Storage
Appliances Water Heater, Microwave, Refrigerator, Electric Range, Electric Oven, Freezer
Subdivision Leisure World (LW)
Lot features Sprinklers In Front, Patio Home, Paved, 0-1 Unit/ Acre, Sprinklers Timer, Close to Clubhouse, Front Yard, Garden, Walkstreet, Sprinkler System
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions Entering at Gate 1 and take a left at the first stop sign. Turn left into the first cul-de-sac
Standard status Active
Size 950 SF
Lot size 0.02 Acres

Taxes and HOA fees

HOA Fee $827 Monthly

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

Clubhouse 1
olympic pool
state of the art remodeled gym
championship golf course
executive par three course
tennis
pickleball
paddle tennis
lawn bowling
fitness centers
clubhouses
swimming pools
equestrian center
gardening opportunities
art studio
world class woodshop
clubs and organizations
free bus transportation
RV parking and storage

Building Details

Year built 1967
Floors in Building 1
Number of units 4
Flooring type Carpet, Laminate
Architectural style Cottage
Additional Structures Storage
Listing Agency: HomeSmart, Evergreen Realty
Listed By: Shawn Mcadam · License #02114187
Added: Sep 7 Changed: Oct 17 Last Checked: Oct 19 at 12:06PM
MLS# OC26196515

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 950-square-foot, single-level cottage has two bedrooms, high ceilings, and storage space. An interior atrium brings natural light into the living and dining areas, both bedrooms, and the hallway. The kitchen overlooks a patio, while a separate front patio includes a storage shed. The home was built in 1967 and has assigned covered carport parking.

Located in Laguna Woods Village, the property is near Clubhouse 1. Community amenities include golf courses, tennis and pickleball courts, fitness centers, swimming pools, an equestrian center, gardening areas, an art studio, a woodshop, and organized clubs. Free bus service operates within the community and to nearby shopping.

Key Highlights

  • 950 square feet with two bedrooms in a single‑level cottage
  • Interior atrium visible from the living room, dining room, both bedrooms, and hallway
  • Private front patio with storage shed; kitchen also overlooks a patio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,133
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,660 $362.7K
Cap Rate 7%
$259,043 $259.0K
Cap Rate 9%
$201,478 $201.5K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$34.2K $36.00/SF
− Vacancy
−$1.2K −$1.30/SF
EGI
$33.0K $34.70/SF
− OpEx
−$14.8K −$15.62/SF
NOI
$18.1K $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%
$362,660
Cap Rate 7%
$259,043
Cap Rate 9%
$201,478

Alternative Uses

Best Use
Apartment 5plus
$259.0K
$226.7K – $302.2K (±1% cap)
NOI $18,133 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$319.1K
$279.2K – $372.3K (±1% cap)
NOI $22,336 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

Demographics for 92673, CA

29,642
Population
10,005
Households
3
Avg Household Size
43
Median Age
56%
College-Educated
95%
High-School Grad
10.3 sq mi
ZIP Area
2,878
Density / Sq Mi
$180,077
Median Household Income
$76,689
Median Earnings
$3,412
Median Rent
$1,207,600
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - Two bedrooms connect to a private patio and an interior atrium.
Where is this residential income property located?
The property is located at 759 Calle Aragon S Laguna Woods, CA.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 950 square feet with two bedrooms in a single‑level cottage; Interior atrium visible from the living room, dining room, both bedrooms, and hallway; Private front patio with storage shed; kitchen also overlooks a patio
More about this property
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