164 Avenida Majorca #Q · Laguna Woods, CA 92637

$345,000

2 bd · 2.0 ba · 1,040 sqft · Condo · 78 Days on market

Built 1965 Good condition $332/sqft · at area comps Est $355k · at est. $761/mo HOA · 26% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +8.8/15.0
• Appreciation +7.9/10.0
• Schools +5.6/10.0
• Cash flow +5.1/30.0
• Rent growth +4.2/5.0
• Condition / age +4.0/5.0
• 1% rule +3.6/10.0
• Livability +3.6/5.0
• DSCR +0.0/10.0

Listing remarks MLS

Price down, Value up. Take advantage now! Very rare "Casa Blanca " model with ELEVATOR. Do not Miss this amazing amazing resort style home with a great location. Treat yourself surrounding tons of trees. Amazing scenery views from this beautiful home treat you fresh everyday. Two Skylights plus Southern exposure the Perfect home is bright and sunlit for downsizing place for your life. it's bright and gets plenty of sunlight. Smell the fresh and enjoy view from your balcony all day at this lovely home. This Charming home treat you welcome to your well living life. Wake up in the morning fresh. Large balcony, extra window and large skylight at the kitchen and guest bath room guide you for tons of natural lights. 2 Bed and 2 Bath, Updated kitchen, bathrooms and Lots of storage. Very newer LG WASHER & DRYER included with this incredible home. 2nd bed room & Living room have newer Heat pump for AC & Heater. Newer Flooring. Well maintained home. Great VIEW from Living room and Bedroom. Extra bright and sunshine home is ready for you. You will be enjoyed resort style living at this charming home. Enjoy golf in this gated 55+ adult community. Amenities include: 27 hole championship golf course, tennis, pools and spas, fitness centers, lawn bowling, equestrian center, billiards, library, 7 clubhouses, walking trails, 250+ social clubs. .. too many to list. Carport (149-1). HOA Dues include Property Taxes, trash, water, landscaping, building maintenance and insurance. Great price and Wonderful location. Must See!! * * * CASH only. * * * *

Key facts

• $761 HOA
• Community pool
• Built 1965

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $345k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-802 ($-10k/yr) — negative.
• To cash-flow at today's rent, offer at most $229k (33.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $297k (14.0% below list).
• Recommended offer: $229k (33.7% below list) — sets the bar for cash-flow.
• Cap rate 3.5% vs local median 2.4% in Laguna Woods — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#200 in CA) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+; Watch: amenities D+, cost of living F, health & safety F.
• Saddleback Valley Unified (suburban): math 51% / reading 73% proficiency, ranked #67 of 517 in CA (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: San Joaquin Elementary (247 students, 76% FRL); La Paz Intermediate (706 students, 38% FRL); Laguna Hills High (math 39% / reading 72%, grade C, #246 of 1,170 statewide, top 21%, 1,434 students, 53% FRL) — zoned schools average 56% FRL vs 22% district-wide (34 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+6.8%/yr); 190 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 27d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).
• At $2,966/mo this rent would consume 60% of the median local household income ($59k/yr) (locally 1572% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $23k of equity ($2k loan paydown + $20k appreciation (5.9% local appreciation)).
• Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 2, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 78 days — a 6% lower offer ($324k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: HOA is 26% of rent.

Recommended offer $228,883 (33.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 34% concession, seller financing, or rate buy-down credit?
3. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.86% ✗
• Cap rate: 3.50%
• Cash-on-cash: -9.97%
• DSCR: 0.56
• GRM: 9.7

CMA / ARV

• ARV (median comp): $355,179
• List price: $345,000
• Delta: -2.87%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

5.88% appreciation · 6.79% rent growth · sell at horizon

5-year hold

• IRR: 8.8%
• Equity multiple: 1.60×
• Total profit: $58,375
• Equity at exit: $214,353

10-year hold

• IRR: 11.9%
• Equity multiple: 3.50×
• Total profit: $241,161
• Equity at exit: $386,555

Cash invested: $96,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92637

• Home prices YoY: 3.4%
• Rents YoY: 6.8%
• Active inventory: 190
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $2,966 high
• Mortgage (P&I): −$1,809
• Tax est. 1.5%: −$431 /mo · $5,175/yr
• Insurance: −$144
• HOA: −$761
• Vacancy / Maint / Mgmt: −$623
• Net cashflow: $-802

Break-even live

Break-even rent $3,981

Max offer price $228,883

Occupancy floor —

Sensitivity live

Price	-10% $-564	-5% $-683	+0% $-802	+5% $-922	+10% $-1,041
Rent	-10% $-1,037	-5% $-920	+0% $-802	+5% $-685	+10% $-568
Rate	-1.0pp $-629	-0.5pp $-715	base $-802	+0.5pp $-892	+1.0pp $-983

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $86,250
• Closing costs: $10,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
158 Avenida Majorca Unit D Laguna Woods, CA	2.0	1.0	1300	$3,200	$2.46	45d	1	0.02mi
170 Avenida Majorca Unit D Laguna Woods, CA	2.0	1.0	1000	$2,500	$2.50	26d	1	0.05mi
169 Avenida Majorca Unit B Laguna Woods, CA	3.0	1.0	1200	$1,400	$1.17	45d	1	0.07mi
24555 Los Alisos Blvd Laguna Hills, CA	2.0	2.0	1007	$3,356	$3.33	45d	1	0.14mi
24555 Los Alisos Blvd Laguna Hills, CA	2.0	2.0	1014	$3,250	$3.21	17d	1	0.14mi
24555 Los Alisos Blvd Laguna Hills, CA	1.0	1.0	739	$2,515	$3.40	9d	1	0.14mi
221 Avenida Majorca Unit D Laguna Woods, CA	2.0	2.0	1438	$3,200	$2.23	26d	1	0.18mi
224 Avenida Majorca Unit B Laguna Woods, CA	2.0	2.0	1009	$2,600	$2.58	45d	1	0.21mi
205 Avenida Majorca Unit A Laguna Woods, CA	2.0	2.0	1278	$3,600	$2.82	45d	1	0.21mi
132 Avenida Majorca Unit B Laguna Woods, CA	2.0	1.0	995	$2,400	$2.41	8d	1	0.23mi
107 Via Estrada Laguna Woods, CA	2.0	2.0	1040	$2,700	$2.60	26d	1	0.28mi
24391 Avenida de la Carlota Laguna Hills, CA	1.0–2.0	1.0–2.0	957	$3,965	$4.14	0d	19	0.29mi
661 Avenida Sevilla Unit B Laguna Woods, CA	2.0	2.0	1009	$2,850	$2.82	9d	1	0.32mi
606 Avenida Sevilla Unit C Laguna Woods, CA	2.0	2.0	1057	$2,900	$2.74	45d	1	0.39mi
676 Via Alhambra Unit D Laguna Woods, CA	2.0	2.0	1057	$2,595	$2.46	26d	1	0.43mi
599 Avenida Majorca Unit A Laguna Woods, CA	2.0	1.0	950	$3,200	$3.37	45d	1	0.44mi
74 Calle Aragon Unit A Laguna Woods, CA	2.0	1.0	950	$2,700	$2.84	26d	1	0.45mi
737 Avenida Majorca Unit B Laguna Woods, CA	2.0	1.0	935	$3,200	$3.42	26d	1	0.48mi
92 Calle Aragon Unit R Laguna Woods, CA	2.0	2.0	1009	$2,650	$2.63	20d	1	0.51mi
852 Ronda Mendoza Unit O Laguna Woods, CA	2.0	2.0	1009	$3,000	$2.97	45d	1	0.54mi
46 Calle Aragon Unit R Laguna Woods, CA	2.0	2.0	1040	$2,800	$2.69	20d	1	0.54mi
25211 Stockport St Laguna Hills, CA	1.0–2.0	1.0–2.0	815	$3,240	$3.98	5d	3	0.54mi
254 Calle Aragon Unit D Laguna Woods, CA	2.0	2.0	1009	$3,000	$2.97	19d	1	0.58mi
479 Calle Cadiz Unit B Laguna Woods, CA	2.0	2.0	1050	$3,300	$3.14	0d	1	0.59mi
479 Calle Cadiz Unit B Laguna Woods, CA	2.0	2.0	1050	$3,300	$3.14	19d	1	0.59mi
477 Calle Cadiz Unit A Laguna Woods, CA	1.0	1.0	770	$2,500	$3.25	26d	1	0.60mi
53 Calle Aragon Unit O Laguna Woods, CA	1.0	1.0	770	$2,200	$2.86	14d	1	0.62mi
57 Calle Cadiz Laguna Woods, CA	2.0	2.0	1040	$2,800	$2.69	45d	1	0.62mi
57 Calle Cadiz Unit N Laguna Woods, CA	2.0	2.0	1040	$2,900	$2.79	4d	1	0.62mi
480 Calle Cadiz Unit B Laguna Woods, CA	2.0	2.0	1324	$3,100	$2.34	45d	1	0.63mi
59 Calle Cadiz Unit B Laguna Woods, CA	2.0	2.0	1070	$3,500	$3.27	45d	1	0.65mi
897 Ronda Sevilla Laguna Hills, CA	2.0	2.0	1009	$3,200	$3.17	45d	1	0.66mi
897 Ronda Sevilla Unit O Laguna Hills, CA	2.0	2.0	1009	$3,000	$2.97	45d	1	0.66mi
969 Calle Aragon Unit 1B Laguna Woods, CA	2.0	2.0	1195	$2,900	$2.43	26d	1	0.67mi
494 Calle Cadiz Laguna Woods, CA	2.0	2.0	1000	$3,900	$3.90	45d	1	0.67mi
29 Calle Aragon Unit Q Laguna Woods, CA	2.0	2.0	1040	$3,100	$2.98	45d	1	0.68mi
715 Avenida Majorca Unit O Laguna Woods, CA	2.0	2.0	1040	$2,750	$2.64	5d	1	0.68mi
842 Ronda Sevilla Unit B Laguna Hills, CA	2.0	2.0	1500	$3,190	$2.13	26d	1	0.69mi
24299 Paseo De Valencia Laguna Woods, CA	2.0	2.0	1347	$3,770	$2.80	24d	7	0.69mi
840 Ronda Sevilla Unit B Laguna Woods, CA	1.0	1.0	1010	$2,400	$2.38	45d	1	0.70mi

HOA detail condo

• Monthly dues: $761 · $9,132/yr
• Likely covers: watertrashlandscapingpoolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 26 events

1. 2026-06-21
   statusdays on market $345,000 Active 78 DOM
2. 2026-06-18
   days on market $345,000 Active Under Contract 75 DOM
3. 2026-06-17
   days on market $345,000 Active Under Contract 74 DOM
4. 2026-06-16
   days on market $345,000 Active Under Contract 73 DOM
5. 2026-06-15
   days on market $345,000 Active Under Contract 72 DOM
6. 2026-06-13
   days on market $345,000 Active Under Contract 70 DOM
7. 2026-06-13
   days on market $345,000 Active Under Contract 69 DOM
8. 2026-06-09
   days on market $345,000 Active Under Contract 66 DOM
9. 2026-06-08
   days on market $345,000 Active Under Contract 65 DOM
10. 2026-06-07
    statusdays on market $345,000 Active Under Contract 64 DOM
11. 2026-06-04
    days on market $345,000 Active 61 DOM
12. 2026-06-03
    days on market $345,000 Active 60 DOM
13. 2026-06-02
    days on market $345,000 Active 59 DOM
14. 2026-06-01
    days on market $345,000 Active 58 DOM
15. 2026-05-31
    days on market $345,000 Active 57 DOM
16. 2026-05-04
    price $345,000 1588-char remark

    Show marketing remark (1588 chars)

    Price down, Value up. Take advantage now! Very rare "Casa Blanca " model with ELEVATOR. Do not Miss this amazing amazing resort style home with a great location. Treat yourself surrounding tons of trees. Amazing scenery views from this beautiful home treat you fresh everyday. Two Skylights plus Southern exposure the Perfect home is bright and sunlit for downsizing place for your life. it's bright and gets plenty of sunlight. Smell the fresh and enjoy view from your balcony all day at this lovely home. This Charming home treat you welcome to your well living life. Wake up in the morning fresh. Large balcony, extra window and large skylight at the kitchen and guest bath room guide you for tons of natural lights. 2 Bed and 2 Bath, Updated kitchen, bathrooms and Lots of storage. Very newer LG WASHER & DRYER included with this incredible home. 2nd bed room & Living room have newer Heat pump for AC & Heater. Newer Flooring. Well maintained home. Great VIEW from Living room and Bedroom. Extra bright and sunshine home is ready for you. You will be enjoyed resort style living at this charming home. Enjoy golf in this gated 55+ adult community. Amenities include: 27 hole championship golf course, tennis, pools and spas, fitness centers, lawn bowling, equestrian center, billiards, library, 7 clubhouses, walking trails, 250+ social clubs. .. too many to list. Carport (149-1). HOA Dues include Property Taxes, trash, water, landscaping, building maintenance and insurance. Great price and Wonderful location. Must See!! * * * CASH only. * * * *

17. 2026-04-04
    listed $350,000 Active 1588-char remark

    Show marketing remark (1588 chars)

    Price down, Value up. Take advantage now! Very rare "Casa Blanca " model with ELEVATOR. Do not Miss this amazing amazing resort style home with a great location. Treat yourself surrounding tons of trees. Amazing scenery views from this beautiful home treat you fresh everyday. Two Skylights plus Southern exposure the Perfect home is bright and sunlit for downsizing place for your life. it's bright and gets plenty of sunlight. Smell the fresh and enjoy view from your balcony all day at this lovely home. This Charming home treat you welcome to your well living life. Wake up in the morning fresh. Large balcony, extra window and large skylight at the kitchen and guest bath room guide you for tons of natural lights. 2 Bed and 2 Bath, Updated kitchen, bathrooms and Lots of storage. Very newer LG WASHER & DRYER included with this incredible home. 2nd bed room & Living room have newer Heat pump for AC & Heater. Newer Flooring. Well maintained home. Great VIEW from Living room and Bedroom. Extra bright and sunshine home is ready for you. You will be enjoyed resort style living at this charming home. Enjoy golf in this gated 55+ adult community. Amenities include: 27 hole championship golf course, tennis, pools and spas, fitness centers, lawn bowling, equestrian center, billiards, library, 7 clubhouses, walking trails, 250+ social clubs. .. too many to list. Carport (149-1). HOA Dues include Property Taxes, trash, water, landscaping, building maintenance and insurance. Great price and Wonderful location. Must See!! * * * CASH only. * * * *

18. 2026-04-01
    historical $350,000 1588-char remark

    Show marketing remark (1588 chars)

    Price down, Value up. Take advantage now! Very rare "Casa Blanca " model with ELEVATOR. Do not Miss this amazing amazing resort style home with a great location. Treat yourself surrounding tons of trees. Amazing scenery views from this beautiful home treat you fresh everyday. Two Skylights plus Southern exposure the Perfect home is bright and sunlit for downsizing place for your life. it's bright and gets plenty of sunlight. Smell the fresh and enjoy view from your balcony all day at this lovely home. This Charming home treat you welcome to your well living life. Wake up in the morning fresh. Large balcony, extra window and large skylight at the kitchen and guest bath room guide you for tons of natural lights. 2 Bed and 2 Bath, Updated kitchen, bathrooms and Lots of storage. Very newer LG WASHER & DRYER included with this incredible home. 2nd bed room & Living room have newer Heat pump for AC & Heater. Newer Flooring. Well maintained home. Great VIEW from Living room and Bedroom. Extra bright and sunshine home is ready for you. You will be enjoyed resort style living at this charming home. Enjoy golf in this gated 55+ adult community. Amenities include: 27 hole championship golf course, tennis, pools and spas, fitness centers, lawn bowling, equestrian center, billiards, library, 7 clubhouses, walking trails, 250+ social clubs. .. too many to list. Carport (149-1). HOA Dues include Property Taxes, trash, water, landscaping, building maintenance and insurance. Great price and Wonderful location. Must See!! * * * CASH only. * * * *

19. 2025-06-30
    soldstatus $350,000 Closed Sale 1622-char remark

    Show marketing remark (1622 chars)

    GREAT LOCATION NEAR ALISO CREEK! This particular "Casa Blanca" model has the “CONVENIENCE OF AN ELEVATOR “ and offers top-of-the-line new technology, including a high efficiency "VENTLESS WASHER/DRYER, " along with easy access in a serene 55+ community in Laguna Woods, This bright and inviting home has a lovely covered balcony off the living room, ideal for relaxation and taking in the beautiful surroundings. The kitchen features low-profile motion sensor lighting under the cabinets and a skylight, along with nice tile floors. There is an extra window in the master bedroom since it is an end unit. In addition, it is conveniently located right inside Gate 2.. . Medical Facilities, Shopping, Restaurants & More! This move-in ready gem is waiting for you!". Don’t miss taking a look at this one before it's gone! Add all this to the amenities offered by Laguna Woods Village. .. you have a winning combination -- 27 hole championship golf course or the 9-hole executive par three courses, tennis, paddle tennis, pickleball, lawn bowling, two fitness centers, seven clubhouses, five swimming pools, an equestrian center, gardening opportunities, an art studio, world-class woodshop, over 200 clubs and organizations ensure you will never get bored here! Plus, free bus transportation around the community and nearby shopping, as well as bus trips. Also, there is a very economical RV storage area where you can park your RV. Country Club Living is at its BEST and approximately 6 miles from Beautiful Laguna Beach! "SEE VIRTUAL VIDEO" CARPORT #149 SPACE 4

20. 2025-05-16
    status Pending Sale 1622-char remark

    Show marketing remark (1622 chars)

    GREAT LOCATION NEAR ALISO CREEK! This particular "Casa Blanca" model has the “CONVENIENCE OF AN ELEVATOR “ and offers top-of-the-line new technology, including a high efficiency "VENTLESS WASHER/DRYER, " along with easy access in a serene 55+ community in Laguna Woods, This bright and inviting home has a lovely covered balcony off the living room, ideal for relaxation and taking in the beautiful surroundings. The kitchen features low-profile motion sensor lighting under the cabinets and a skylight, along with nice tile floors. There is an extra window in the master bedroom since it is an end unit. In addition, it is conveniently located right inside Gate 2.. . Medical Facilities, Shopping, Restaurants & More! This move-in ready gem is waiting for you!". Don’t miss taking a look at this one before it's gone! Add all this to the amenities offered by Laguna Woods Village. .. you have a winning combination -- 27 hole championship golf course or the 9-hole executive par three courses, tennis, paddle tennis, pickleball, lawn bowling, two fitness centers, seven clubhouses, five swimming pools, an equestrian center, gardening opportunities, an art studio, world-class woodshop, over 200 clubs and organizations ensure you will never get bored here! Plus, free bus transportation around the community and nearby shopping, as well as bus trips. Also, there is a very economical RV storage area where you can park your RV. Country Club Living is at its BEST and approximately 6 miles from Beautiful Laguna Beach! "SEE VIRTUAL VIDEO" CARPORT #149 SPACE 4

21. 2025-04-25
    listed $348,000 Active 1622-char remark

    Show marketing remark (1622 chars)

    GREAT LOCATION NEAR ALISO CREEK! This particular "Casa Blanca" model has the “CONVENIENCE OF AN ELEVATOR “ and offers top-of-the-line new technology, including a high efficiency "VENTLESS WASHER/DRYER, " along with easy access in a serene 55+ community in Laguna Woods, This bright and inviting home has a lovely covered balcony off the living room, ideal for relaxation and taking in the beautiful surroundings. The kitchen features low-profile motion sensor lighting under the cabinets and a skylight, along with nice tile floors. There is an extra window in the master bedroom since it is an end unit. In addition, it is conveniently located right inside Gate 2.. . Medical Facilities, Shopping, Restaurants & More! This move-in ready gem is waiting for you!". Don’t miss taking a look at this one before it's gone! Add all this to the amenities offered by Laguna Woods Village. .. you have a winning combination -- 27 hole championship golf course or the 9-hole executive par three courses, tennis, paddle tennis, pickleball, lawn bowling, two fitness centers, seven clubhouses, five swimming pools, an equestrian center, gardening opportunities, an art studio, world-class woodshop, over 200 clubs and organizations ensure you will never get bored here! Plus, free bus transportation around the community and nearby shopping, as well as bus trips. Also, there is a very economical RV storage area where you can park your RV. Country Club Living is at its BEST and approximately 6 miles from Beautiful Laguna Beach! "SEE VIRTUAL VIDEO" CARPORT #149 SPACE 4

22. 2025-02-28
    soldstatus $284,888 Closed Sale
23. 2025-01-23
    status Pending Sale
24. 2025-01-20
    historical Active Under Contract
25. 2024-12-30
    listed $289,888 Active
26. 2024-12-11
    historical $289,888

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 5 d/yr ≥92°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,586
• − Mortgage interest: −$19,325
• − Property taxes: −$5,175
• − Insurance: −$1,725
• − Repairs & maintenance: −$2,847
• − Management: −$2,847
• − HOA: −$9,132
• − Depreciation: −$10,036
• Taxable loss: −$15,501
• Est. tax savings @ 24.0%: +$3,720
• After-tax cash flow: $-5,909/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This well-maintained and updated condo is ready for immediate move-in and offers a great location with a resort-style living experience.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics
• Both Landscaping improvements — Enhances curb appeal and adds value
• Both New flooring in kitchen and bathrooms — Modern flooring can significantly increase both resale and rental value

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics ↑
• Both Landscaping improvements — Enhances curb appeal and adds value ↑
• Both New flooring in kitchen and bathrooms — Modern flooring can significantly increase both resale and rental value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Saddleback Valley Unified
• NCES district ID: 0633860
• Math proficiency: 51% ▼ -2.00%
• Reading proficiency: 73% ▲ 9.00%
• Median HH income: $85,577
• Composite: 56.05/100
• National rank: #1185
• State rank: #67 of 517 in CA

Livability — Laguna Woods

• Score: 72/100
• State rank: #200
• US rank: #6421

Category grades

Amenities D+ Commute A+ Cost of living F Crime A+ Employment C Housing B- Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Laguna Woods, CA
• County: Orange County · 3,096,323 people
• City population: 17,289
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 17,289
• Household income: $59,269
• Rent vs Own: 28.4% rent · 71.6% own
• Severe rent burden: 1572.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 3,477,456 people
• By 2030: 3,613,117 · +3.9%
• By 2040: 3,835,945 · +10.3%
• By 2050: 3,968,736 · +14.1%
• By 2075: 4,097,053 · +17.8%
• By 2100: 3,903,633 · +12.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Asian 24% Hispanic / Latino 5% Two or more races 3%
• Common ancestry: Romanian 4% Scotch-Irish 4% Lithuanian 3%
• Foreign-born: 31% · China, South Korea, Canada
• Languages at home: 72% English-only · Chinese 8% Korean 7% Other Indo-European 3%

Political lean MEDSL · Orange

• 2024 margin: Toss-up / Even · D 49.7% · R 47.1% · Other 3.2%
• 2008→2024 swing: +5.2pp toward D · 2008: -2.6pp · 2024: 2.6pp
• All cycles: 2024: D+2.6 2020: D+9.0 2016: D+7.7 2012: R+8.3 2008: R+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.88%
• Current HPI: 180.1191
• Rent YoY: ▲ 6.79%
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+19.0% since first listed

11 events — show timeline

• 2026-05-04 Price Changed $345,000 CRMLS
• 2026-04-04 Listed $350,000 CRMLS
• 2026-04-01 Coming Soon $350,000 CRMLS
• 2025-06-30 Sold (MLS) $350,000 CRMLS
• 2025-05-16 Pending — CRMLS
• 2025-04-25 Listed $348,000 CRMLS
• 2025-02-28 Sold (MLS) $284,888 CRMLS
• 2025-01-23 Pending — CRMLS
• 2025-01-20 Contingent — CRMLS
• 2024-12-30 Listed $289,888 CRMLS
• 2024-12-11 Coming Soon $289,888 CRMLS