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Ground-Floor Residential Income Property

837 Ronda Sevilla, Laguna Woods, CA 92637

For Sale
$229,000

Laguna Woods, CA

Property Size770 SF
Price / SF$297.40
Days on Market12

Property Features for 837 Ronda Sevilla

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Laundry Room, Bathroom 1
Parking 2
Parking features Covered, Carport
Spa 1
Patio and Porch features Porch
Appliances Disposal, Electric Water Heater, Refrigerator, Electric Range, Electric Cooktop
Subdivision Leisure World (LW)
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions After you enter the community, drive along Ronda Sevilla to the end, park on the street or into carport #607-10. Unit D is located to the right at the far end of the building.
Standard status Active
Size 770 SF

Taxes and HOA fees

HOA Fee $827 Monthly

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Amenities

golf crafts studios
tennis and pickleball courts
walking trails

Building Details

Year built 1968
Floors in Building 1
Number of units 16
Listing Agency: Pinnacle Real Estate Group
Listed By: Liangxin Qi · License #02058784
Added: Oct 27 Changed: Nov 6 Last Checked: Nov 7 at 1:06AM
MLS# OC26236997

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 770-square-foot, ground-floor residence at 837 Ronda Sevilla has one bedroom, one bathroom, and a laundry room. The home was built in 1968 and features hardwood flooring, a porch, and covered carport parking. Heating and cooling are provided by a heat pump; the property is served by public water and sewer.

The residence is within Laguna Woods Village, a 55+ community with golf, craft studios, tennis and pickleball courts, walking trails, and social activities. Windows on two sides and a south-facing orientation are among the home’s stated features.

Key Highlights

  • 770‑square‑foot, one‑bedroom, one‑bathroom residence
  • Ground‑floor layout with no steps to enter
  • Built in 1968; hardwood flooring and porch

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,697
Cap Rate
6.42%
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 6.42%
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 7.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

773
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - A step-free one-bedroom residence with hardwood floors and a south-facing orientation.
Where is this residential income property located?
The property is located at 837 Ronda Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 770‑square‑foot, one‑bedroom, one‑bathroom residence; Ground‑floor layout with no steps to enter; Built in 1968; hardwood flooring and porch
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