Residential Income Property with
For Sale
$249,000
76 Calle Aragon, Laguna Woods, CA 92637
Laguna Woods, CA
Property Size1,040 SF
Price / SF$239.42
Days on Market263
Property Features for 76 Calle Aragon
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Parking
1
Spa
1
Subdivision
Other (OTHR)
View
Park
Elementary school district
Saddleback Valley Unified
Middle school district
Saddleback Valley Unified
High school district
Saddleback Valley Unified
Directions
El Toro, Gate 1, first Left on Calle Aragon, Left on CDS 36
Standard status
Active
Size
1,040 SF
Taxes and HOA fees
HOA Fee
$827 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Heat Pump, Electric, Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
pool
fitness center
golf
tennis
clubhouses
social clubs
community bus
Building Details
Year built
1964
Floors in Building
1
Number of units
16
Flooring type
Tile, Wood
Architectural style
Contemporary
Listing Agency:
HomeSmart, Evergreen Realty
(949) 753-7888
Listed By:
Mila Piso · License #01817048
(949) 616-4526
Added: Jan 31
Changed: Oct 21
Last Checked: Oct 21 at 9:06AM
MLS# OC26022853
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,040-square-foot, second-floor residence in Laguna Woods Village has two bedrooms and vaulted ceilings. The open kitchen connects to the living and dining areas, while sliding glass doors lead to a private, northwest-facing balcony with greenbelt views. Hardwood flooring extends through the living areas and bedrooms; the kitchen and bathroom have tile floors. The home was built in 1964 and is vacant and unfurnished.
The gated community is designated for residents age 55 and older. Clubhouse 1, with a pool, fitness facilities, and activities, is a short walk away. A pedestrian gate provides access to Mother's Market, Starbucks, banking, and other businesses. Community amenities include golf, tennis, pools, fitness centers, seven clubhouses, more than 200 social clubs, and complimentary bus transportation.
The gated community is designated for residents age 55 and older. Clubhouse 1, with a pool, fitness facilities, and activities, is a short walk away. A pedestrian gate provides access to Mother's Market, Starbucks, banking, and other businesses. Community amenities include golf, tennis, pools, fitness centers, seven clubhouses, more than 200 social clubs, and complimentary bus transportation.
Key Highlights
- 1,040‑square‑foot residence built in 1964
- Second‑floor layout with two bedrooms
- Private, northwest‑facing balcony with greenbelt views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,851
Cap Rate
7.97%
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 7.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.3K
$305.7K – $407.5K
NOI $24,452 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,999
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - A second-floor residence features two bedrooms, an open kitchen, and a private balcony overlooking a greenbelt.
Where is this residential income property located?
The property is located at 76 Calle Aragon Laguna Woods, CA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1,040‑square‑foot residence built in 1964; Second‑floor layout with two bedrooms; Private, northwest‑facing balcony with greenbelt views
