Residential Income Property in 55+
874 Avenida Sevilla #O, Laguna Woods, CA 92637
For Sale
$310,000
Laguna Woods, CA
Property Size1,057 SF
Lot Size0.03 Acres
Price / SF$293.28
Days on Market55
Property Features for 874 Avenida Sevilla #O
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Window features
Interior features
Appliances
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
Size
Lot size
Taxes and HOA fees
HOA Fee
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
pool
fitness center
golf
tennis
clubhouse
performing arts center
art studio
clubs
Building Details
Year built
Floors in Building
Number of units
Flooring type
Listing Agency:
HomeSmart, Evergreen Realty
(949) 753-7888
Listed By:
Bonnie Yune · License #01973042
(949) 315-8654
Added: Sep 14
Changed: Nov 6
Last Checked: Nov 7 at 1:06AM
MLS# OC26201628
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 1,057-square-foot upper-level residence, built in 1967, has two bedrooms and two bathrooms. The home sits eight steps above grade and includes a full-length balcony with tree views. Interior features include an open floor plan, laminate and tile flooring, granite counters, crown molding, and an updated kitchen with raised counters, added cabinetry, and a tiled backsplash. Dual-pane windows and sliding doors, bathroom skylights, and a combined washer-dryer are also included.
The property is within Laguna Woods Village, a gated community for residents age 55 and older. Shared amenities include five pools, more than two fitness centers, golf, tennis, seven clubhouses, an 800-seat performing arts center, art studios, and over 250 clubs. Carport parking is nearby, as are Aliso Creek trails. Laguna Beach, shopping, dining, and medical facilities are described as a short drive away.
The property is within Laguna Woods Village, a gated community for residents age 55 and older. Shared amenities include five pools, more than two fitness centers, golf, tennis, seven clubhouses, an 800-seat performing arts center, art studios, and over 250 clubs. Carport parking is nearby, as are Aliso Creek trails. Laguna Beach, shopping, dining, and medical facilities are described as a short drive away.
Key Highlights
- 1,057 square feet with two bedrooms and two bathrooms
- Built in 1967; upper‑level home reached by eight steps
- Full‑length balcony with tree views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,175
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,500
$403.5K
Cap Rate 7%
$288,214
$288.2K
Cap Rate 9%
$224,167
$224.2K
Market Conditions
NOI Build-Up for 1,057 SF
Gross rent
$38.1K $36.00/SF
− Vacancy
−$1.4K −$1.30/SF
EGI
$36.7K $34.70/SF
− OpEx
−$16.5K −$15.62/SF
NOI
$20.2K $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%
$403,500
Cap Rate 7%
$288,214
Cap Rate 9%
$224,167
Alternative Uses
Best Use
Apartment 5plus
$288.2K
$252.2K – $336.3K
NOI $20,175 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.0K
$310.7K – $414.2K
NOI $24,852 @ 7.0% cap · market cap 8.02%
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
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
$364,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Residential income properties in Orange County, CA
Properties on Market for Residential income properties in Orange County
Frequently Asked Questions
What type of property is this?
Residential income property - An upper-level two-bedroom home with a balcony and access to shared recreation facilities in a gated community.
Where is this residential income property located?
The property is located at 874 Avenida Sevilla #O Laguna Woods, CA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 1,057 square feet with two bedrooms and two bathrooms; Built in 1967; upper‑level home reached by eight steps; Full‑length balcony with tree views
