In 1989 Oroquieta Villaverde joined the second edition of the División de Honor.

The club was further strengthened as Atlético Madrid disbanded its team, champion of the 1989–90 edition, and its best players joined its former rivals.

In 2001 it was third to last in its group in the championship's preliminary stage, and next year it was left aside from the Royal Spanish Football Federation's reunified 12-teams Superliga.

The team lost all 26 games in the new second tier and was relegated to the lower categories.

[1] After the 2012–13 season, the club ceased in activity but in April 2015, Oroquieta Villaverde launched a new project for the neighbourhood.