Search
Two-Bedroom Income Property
For Sale
$375,000

845 Ronda Mendoza, Laguna Woods, CA 92637

Laguna Woods, CA

Property Size1,009 SF
Price / SF$371.66
Days on Market64

Property Features for 845 Ronda Mendoza

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Rooms Bathroom 2, Kitchen, Bedroom 2, Bathroom 1, Bedroom 1, Laundry Room
Parking 1
Parking features Assigned, Carport
Spa 1
Patio and Porch features Deck
Interior features Balcony, Built-in Features, Living Room Balcony, Ceiling Fan(s), Granite Counters
Appliances Refrigerator, Electric Range, Electric Oven, Dishwasher
Subdivision Leisure World (LW)
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions El Toro Rd, left on Paseo Valencia, right on Via Estrada at GATE # 2
Standard status Active
APN 62102203
Size 1,009 SF

Taxes and HOA fees

HOA Fee $827 Monthly

Utilities

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

Amenities

golf courses
tennis
pickleball courts
swimming pools
spas
fitness centers
clubhouses
garden centers
library
performing arts
woodworking facilities

Building Details

Year built 1967
Floors in Building 1
Number of units 1
Listing Agency: Seven Gables Real Estate
Listed By: Jason Isley · License #01453868
Added: Aug 17 Changed: Oct 17 Last Checked: Oct 19 at 4:06AM
MLS# PW26190837

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
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 1,009-square-foot Casa Contenta residence, built in 1967, offers two bedrooms and two bathrooms in a no-stairs layout. Living and dining areas connect with a kitchen equipped with white cabinetry, granite counters, a breakfast bar, electric range, electric oven, refrigerator, and dishwasher. The home also includes wood-look flooring, crown molding, plantation shutters, ceiling fans, and a covered balcony with neighborhood views and mature trees.

Located at 845 Ronda Mendoza in Laguna Woods, the property includes assigned carport parking, public water, public sewer, and cable availability. Community amenities identified for Laguna Woods include two championship golf courses, tennis and pickleball courts, five swimming pools and spas, three fitness centers, seven clubhouses, garden centers, a library, performing arts facilities, woodworking facilities, clubs, classes, and other activities.

Key Highlights

  • 1,009 SF Casa Contenta residence with 2 bedrooms and 2 bathrooms
  • No‑stairs layout with nearby parking and easy entry
  • Expansive covered balcony with neighborhood views and mature trees

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,259
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,180 $385.2K
Cap Rate 7%
$275,129 $275.1K
Cap Rate 9%
$213,989 $214.0K
Market Conditions
NOI Build-Up for 1,009 SF
Gross rent
$36.3K $36.00/SF
− Vacancy
−$1.3K −$1.30/SF
EGI
$35.0K $34.70/SF
− OpEx
−$15.8K −$15.62/SF
NOI
$19.3K $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%
$385,180
Cap Rate 7%
$275,129
Cap Rate 9%
$213,989

Alternative Uses

Best Use
Apartment 5plus
$275.1K
$240.7K – $321.0K (±1% cap)
NOI $19,259 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$338.9K
$296.5K – $395.4K (±1% cap)
NOI $23,723 @ 7.0% cap · market cap 6.33%
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

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Grocery & Convenience Store Food Market Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

781
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

Frequently Asked Questions

What type of property is this?
Residential income property - Casa Contenta residence with step-free entry, covered balcony, granite kitchen counters, and assigned carport parking.
Where is this residential income property located?
The property is located at 845 Ronda Mendoza Laguna Woods, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,009 SF Casa Contenta residence with 2 bedrooms and 2 bathrooms; No‑stairs layout with nearby parking and easy entry; Expansive covered balcony with neighborhood views and mature trees
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
Why this one?
Saved
Reason not saved — we won't ask again