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Ground-Floor Residential Income Property

808 Ronda Mendoza C, Laguna Woods, CA 92637

For Sale
$250,000

Laguna Woods, CA

Property Size770 SF
Price / SF$324.68
Days on Market50

Property Features for 808 Ronda Mendoza C

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Laundry Room
Spa 1
Interior features Open Floorplan
Subdivision Leisure World (LW)
View Bluff
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions Enter at Gate 2
Standard status Active
APN 94737642
Size 770 SF

Taxes and HOA fees

HOA Fee $1,004 Monthly

Utilities

Water source Public

Amenities

enclosed patio
golf course
tennis courts
pickleball courts
swimming pools
fitness center
equestrian facilities
community gardens
art studios
woodshop
community bus service
RV storage
24-hour security

Building Details

Year built 1967
Floors in Building 1
Number of units 1
Listing Agency: Seven Gables Real Estate
Listed By: Erin White-Freimann · License #01402479
Added: Sep 21 Changed: Nov 6 Last Checked: Nov 9 at 9:06AM
MLS# PW26205927

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.

Rey
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Investment Insights

Based on property information with market context.

This ground-floor, end-unit residential income property is configured as a one-bedroom Cadiz model with approximately 770 square feet of living space. The interior includes an open floor plan, refreshed paint and carpeting, a living and dining area, kitchen with white cabinetry and built-in appliances, a bedroom with wall-to-wall closet, and a bathroom with tub and shower combination. An enclosed, window-lined front patio provides additional flexible space, while public water service supports the residence.

Built in 1967, the property is located within Laguna Woods Village, a 55+ community with a broad range of resident amenities. The community includes a 27-hole championship golf course, 9-hole executive course, tennis and pickleball courts, swimming pools, fitness centers, equestrian facilities, community gardens, art studios, a woodshop, more than 200 clubs and organizations, bus service, RV storage, and 24-hour guard-gated security. Shopping, dining, medical facilities, and Laguna Beach are described as minutes away.

Key Highlights

  • Ground‑floor, end‑unit Cadiz model with 1 bedroom
  • Approximately 770 square feet of living space
  • Enclosed front patio surrounded by windows and mature trees

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,697
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,940 $293.9K
Cap Rate 7%
$209,957 $210.0K
Cap Rate 9%
$163,300 $163.3K
Market Conditions
NOI Build-Up for 770 SF
Gross rent
$27.7K $36.00/SF
− Vacancy
−$998 −$1.30/SF
EGI
$26.7K $34.70/SF
− OpEx
−$12.0K −$15.62/SF
NOI
$14.7K $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%
$293,940
Cap Rate 7%
$209,957
Cap Rate 9%
$163,300

Alternative Uses

Best Use
Apartment 5plus
$210.0K
$183.7K – $245.0K (±1% cap)
NOI $14,697 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$258.6K
$226.3K – $301.7K (±1% cap)
NOI $18,104 @ 7.0% cap · market cap 7.24%
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

1,000
Businesses Nearby

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

Market

Average Price Trend$/SF for Residential income properties in Orange County, CA

$432 Jul
$493 Aug
$621 Sep
$700 Oct

Properties on Market for Residential income properties in Orange County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - One-bedroom end-unit residence with an enclosed patio and access to extensive Laguna Woods Village amenities.
Where is this residential income property located?
The property is located at 808 Ronda Mendoza C Laguna Woods, CA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Ground‑floor, end‑unit Cadiz model with 1 bedroom; Approximately 770 square feet of living space; Enclosed front patio surrounded by windows and mature trees
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