24055 Paseo Del Lago 1201, Laguna Woods, California 92637, Laguna Woods, 92637 - 1 bed, 1 bath
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Laguna Woods, California 92637
This upgraded senior condominium is a High-Potential Investment Opportunity with a List Price of $39,900—positioned well below the $50,093 Fair Market Value by 20%. This valuation gap offers $10,193 in Instant Equity for incoming buyers. Featuring a Condition Rating of 3, the residence boasts Granite Countertops, wood-like vinyl flooring, and Panoramic Mountain Views. The comprehensive resort-style HOA includes meals and housekeeping, ensuring a high-convenience lifestyle. This is an ideal acquisition for Owner-Occupants seeking luxury senior living or Buy-and-Hold Investors targeting high-demand retirement communities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24055 Paseo Del Lago 1201 Subject | $32,900* List Price | 1 | 1 | 625 | $83 | - |
A 24055 Paseo Del Lago 556 Sold | $25,000 | 0 | 1 | 500 | $50 | 0.0 mi |
B 24055 Paseo Del Lago 553 Active | $29,000 List Price | 1 | 1 | 625 | $46 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several modern interior upgrades, including wood-like vinyl flooring, granite countertops in both the kitchenette and bathroom, and soft-close cabinetry. While the building was constructed in 1974, the unit has been recently refreshed with neutral paint and updated fixtures, and the major components appear well-maintained and functional.
The unit features exceptional North-facing views of the Irvine city lights, Laguna Woods canyon, and the San Gabriel Mountains through floor-to-ceiling sliding doors in both the living room and bedroom.
The comprehensive HOA package provides a high-convenience lifestyle including a $500 monthly meal credit, bi-monthly housekeeping, 24-hour concierge, and all utilities.
This residence is move-in ready with contemporary wood-like vinyl flooring, granite countertops, soft-close cabinetry, and a freshly painted neutral color palette.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 625, other record living area = 564.
The monthly association fee of $2,791 is significant and represents a high ongoing financial commitment relative to the property's low purchase price.
The unit contains a small kitchenette rather than a full-sized kitchen, which may be a drawback for residents who prefer to cook frequently at home.
Welcome to Towers #1201 – an upgraded one-bedroom, one-bath “B” floorplan in “The Towers” located in the Laguna Woods senior community. With 625 sq. ft. of living space, this upgraded residence boasts remarkable panoramic North-facing views from both the living room and bedroom of the city lights of Irvine and the hills of Laguna Woods canyon. Far off in the distance but highlighting the view on a clear day the snow-capped peaks of the San Gabriel Mountains and Mount Baldy can be seen. Both the living room and bedroom feature floor to ceiling sliding doors that open to step out balconies. The small kitchenette features an attractive granite countertop and soft-close cabinet drawers. The pantry has convenient pull-out drawers. The updated bathroom has a newer light fixture and a granite countertop. The tub/shower combo has grab bars and a convenient accessory shelf. The unit has been freshly painted in neutral colors. The flooring is wood-like vinyl. The monthly HOA dues include a $500 allowance for meals in the two dining rooms, bi-monthly housekeeping, all utilities (except phone and internet) and 24-hour concierge service plus exclusive Towers on-site activities including live entertainment, movies, exercise classes, etc. In addition, all the regular activities and amenities offered by Laguna Woods Village are included such as tennis, pickle ball, fitness centers, pools, clubhouses, art studio, woodshop and over 200 clubs and organizations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 12% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 625 | 1,146.5 | 2% |
| Lot Size | 625 | 1,444 | 35% |
| Price | $32.9K | $537.5K | 1% |
| Price per sq ft | $53 | $477 | 1% |
| Built year | 1974 | 1973 | 69% |
| HOA | $2791.0 | $856 | 92% |
| Days on market | 54 | 203 | 3% |
Apr 7, 2026
$32,900
$39,900
-18% Price Drop
Initial Listing
Mar 23, 2026
$39,900
$49,900
-20% Price Drop
Initial Listing
Mar 17, 2026
$49,900
$54,900
-9% Price Drop
Initial Listing
Mar 9, 2026
$54,900
$59,900
-8% Price Drop
Initial Listing
Feb 27, 2026
$59,900
Initial Listing
Jul 20, 2015
$6,000
Public Record
May 19, 2006
$94,000
Public Record
Dec 5, 2003
$115,500
Public Record
Aug 14, 2003
$85,000
Public Record