13581 Medinac Ln M5-71e, Seal Beach, California 90740, Seal Beach, 90740 - 2 bed, 1 bath
ACTIVE UNDER CONTRACT$320,000$750/sqft
13581 Medinac Ln M5-71e, Seal Beach, California 90740
2Beds
1Bath
750Sqft
1,150Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Comprehensive Senior Community Amenities: Leisure World offers an exceptional range of amenities including golf, pools, fitness centers, numerous clubs, and essential services, promoting an active and social senior lifestyle within a security-gated community.
Top Cons:
Stock Cooperative Ownership Structure: The property is a stock cooperative, which involves purchasing shares in a corporation rather than direct real estate, potentially impacting financing options, resale processes, and traditional ownership perceptions.
Compared to the nearby listings
Price:$320.0K vs avg $367.2K ($-47,250)33%
Size:750 sqft vs avg 922.5 sqft40%
Price/sqft:$427 vs avg $41754%
More Insights
Built in 1962 (64 years old).
Condition: This 1962-built property has undergone significant recent updates, including new light-colored vinyl plank flooring, fresh paint, new baseboards, new recessed LED lighting, and a brand new refrigerator. The kitchen cabinets have new hinges and handles, and solar tubes provide natural light in the kitchen and bath. While the kitchen features older white appliances (electric coil cooktop, built-in oven) and laminate countertops, and the bathroom vanity and light fixture are dated in style, all components appear clean and functional. The property is move-in ready with no immediate renovation required, aligning with a 'Good' condition, despite the absence of central cooling and some aesthetically outdated elements.
Year Built
1962
Close
-
List price
$320K
Original List price
$320K
Price/Sqft
$427
HOA
$571.12
Days on market
-
Sold On
-
MLS number
PW25278300
Home ConditionGood
Features
Good View: Courtyard
ViewCourtyard
About this home
(M5-71E)(Carport bldg 68-Space 47) Clean, move-in ready, east facing unit has just been painted. Cabinets have new hinges and handles. All 3 kitchen appliances are white, and the refrigerator is brand new. New light colored vinyl plank flooring has new base boards. 3 new recessed LED lights, and new landscaping. Solar tube in kitchen and bath. Centrally located in very desirable mutual 5, and near a big greenbelt. Close laundry and carport. SENIOR COMMUNITY OFFERS THE FOLLOWING AMENITIES: 9 Hole Golf Course, Swimming Pool, Jacuzzi, Gym, Table Tennis, Shuffleboard, Billiards, Pickle Ball and Bocce Ball courts. Amphitheater, 6 Club houses featuring: Exercise Gym, Art Room, Sewing, Crafts, Woodshops, Lapidary, Pool tables; Over 200 Clubs, LWSB is a Security-Guard-Gated Community. Also, Library, Friends of Library Bookstore, Credit Union, Health Care Center, Pharmacy), Post Office and Café.
T
Terri Walters
Listing Agent
Condition Rating
Good
This 1962-built property has undergone significant recent updates, including new light-colored vinyl plank flooring, fresh paint, new baseboards, new recessed LED lighting, and a brand new refrigerator. The kitchen cabinets have new hinges and handles, and solar tubes provide natural light in the kitchen and bath. While the kitchen features older white appliances (electric coil cooktop, built-in oven) and laminate countertops, and the bathroom vanity and light fixture are dated in style, all components appear clean and functional. The property is move-in ready with no immediate renovation required, aligning with a 'Good' condition, despite the absence of central cooling and some aesthetically outdated elements.
Pros & Cons
Pros
Comprehensive Senior Community Amenities: Leisure World offers an exceptional range of amenities including golf, pools, fitness centers, numerous clubs, and essential services, promoting an active and social senior lifestyle within a security-gated community.
Turnkey Condition with Modern Updates: The unit is move-in ready, featuring fresh paint, new vinyl plank flooring, updated kitchen hardware, new recessed LED lighting, and a brand new refrigerator, minimizing immediate buyer expenses.
Prime Internal Location: Positioned in the highly sought-after Mutual 5, adjacent to a greenbelt, providing a pleasant outlook and convenient access to community facilities like laundry and carport.
Enhanced Natural Lighting: Solar tubes in the kitchen and bathroom significantly boost natural light, creating a brighter and more inviting interior ambiance.
Convenient Practical Features: Benefits from close proximity to shared laundry facilities and a dedicated carport (bldg 68-Space 47), enhancing daily ease and accessibility for residents.
Cons
Stock Cooperative Ownership Structure: The property is a stock cooperative, which involves purchasing shares in a corporation rather than direct real estate, potentially impacting financing options, resale processes, and traditional ownership perceptions.
Limited Square Footage: At 750 sqft, the unit offers a compact living space, which might be restrictive for individuals desiring more room or for accommodating larger furniture and personal items.
Absence of Central Cooling System: As an older unit (built 1962), there is no mention of a central air conditioning system, which could lead to discomfort during warmer periods and may require additional investment for portable cooling solutions.