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Two-Bedroom Residential Income Property
For Sale
$339,000

890-B Ronda Sevilla, Laguna Woods, CA 92637

Laguna Woods, CA

Property Size1,057 SF
Lot Size0.02 Acres
Price / SF$320.72
Days on Market63

Property Features for 890-B Ronda Sevilla

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Laundry Room, Bedroom 1, Kitchen, Bathroom 1, Bathroom 2
Parking 1
Parking features Carport, Covered, Guest
Spa 1
Window features Screens, Double Pane Windows, Blinds
Patio and Porch features Deck
Interior features Ceiling Fan(s), Granite Counters
Exterior features Lighting
Appliances Water Heater, Disposal, Microwave, Refrigerator, Recirculated Exhaust Fan, Electric Oven, Dishwasher, Electric Cooktop
Subdivision Leisure World (LW)
Lot features Park Nearby, Walkstreet
View Park
Elementary school district Saddleback Valley Unified
Middle school district Saddleback Valley Unified
High school district Saddleback Valley Unified
Directions Enter Gate 3 at Moulton/Calle Aragon. Rt on Avenida Sevilla to Ronda Sevilla. Rt on Ronda Sevilla. Park at CDS #70 and head up the steps.
Standard status Active
Size 1,057 SF
Lot size 0.02 Acres

Taxes and HOA fees

HOA Fee $827 Monthly

Utilities

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

Amenities

golf course
clubhouses
pools
fitness centers
covered deck
laundry room

Building Details

Year built 1968
Floors in Building 1
Number of units 1
Flooring type Carpet, Tile
Building materials Stucco
Roof type Tile
Architectural style Other
Listing Agency: Legacy 15 Real Estate Brokers
Listed By: Diane Cirignani · License #01242684
Added: Aug 18 Changed: Oct 12 Last Checked: Oct 19 at 5:06AM
MLS# OC26180927

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 lower-level two-bedroom, two-bathroom residence follows the Castilla floorplan and offers 1,057 square feet of living space. The interior includes luxury plank flooring, a separate dining area, ceiling fans, and a covered deck with greenbelt views. The kitchen is appointed with granite countertops, a matching backsplash, cabinetry, and white appliances. Both bedrooms have ceiling fans and direct access to bathrooms, while the primary suite adds dual closets and a walk-in shower with a safety grab bar. Newer vinyl windows and a sliding glass door provide additional updates.

The home is located in Laguna Woods Village, a 55+ community near Aliso Creek Wilderness Park & Wildlife Sanctuary. A covered carport with extra storage is nearby, guest parking is available near the cul-de-sac #70 sign off Ronda Sevilla, and the laundry room is across the entry breezeway. Community amenities include a 27-hole golf course, seven clubhouses, five pools, two fitness centers, and more than 200 clubs. HOA services include water, trash, and basic internet/cable.

Key Highlights

  • 1,057‑square‑foot lower‑level home with two bedrooms and two bathrooms
  • Castilla floorplan with only eight steps to access
  • Covered deck with greenbelt views and direct interior access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,175
Cap Rate
5.95%
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 (±1% cap)
NOI $20,175 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.0K
$310.7K – $414.2K (±1% cap)
NOI $24,852 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency Law Firm 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 - Lower-level residence with updated kitchen, covered deck, greenbelt views, nearby carport storage, and access to 55+ community amenities.
Where is this residential income property located?
The property is located at 890-B Ronda Sevilla Laguna Woods, CA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 1,057‑square‑foot lower‑level home with two bedrooms and two bathrooms; Castilla floorplan with only eight steps to access; Covered deck with greenbelt views and direct interior access
More about this property
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