24055 Paseo Del Lago 553, Laguna Woods, California 92637, Laguna Woods, 92637 - 1 bed, 1 bath
24055 Paseo Del Lago 553
Laguna Woods, California 92637
Property Price
SUMMARY
Analysis of 24055 Paseo Del Lago 553, Laguna Woods, California 92637 is currently available with a list price of $45,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Laguna Woods Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several recent cosmetic updates including new wood-look flooring, modern bathroom fixtures, an updated vanity, and new light fixtures. Although the unit was built in 1974, these targeted renovations to the flooring and bathroom, combined with the overall well-maintained appearance, align with the criteria for a good condition score.
PROSSTRENGTHS & OPPORTUNITIES
- All-Inclusive Resort Amenities
The property offers a comprehensive lifestyle package including a $500 monthly dining credit, bi-monthly housekeeping, and all utilities, providing a seamless, maintenance-free experience for seniors.
- Panoramic Elevated Views
Located on the 5th floor, this unit features stunning views of the Laguna Canyon Hills and evening sunsets from every window, adding significant aesthetic value and natural light.
- Modern Interior Refresh
The unit has been enhanced with recent upgrades including wood-look flooring, modern bathroom fixtures, and an updated vanity, offering a move-in-ready environment.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 625, other record living area = 553.
- Recently Sold Property
The property was recently sold within the past year on 2025-03-24. The sold price is $30,000.00.
- High Monthly Carrying Costs
The association fee of $2,791.41 per month is exceptionally high relative to the purchase price, which may be a deterrent for budget-conscious buyers.
About 24055 Paseo Del Lago 553
Amazing Value for this "B" model located on the 5th floor. 1 bedroom and 1 bathroom with approximately 625 sq. ft. of living space. Views from every window of the Laguna Canyon Hills and evening sunsets. The kitchen is open to the dining area and living room. The bathroom has a cutdown shower with shower door and an updated vanity. Some RECENTLY ADDED features include: WOOD LOOK FLOORING - MODERN BATHROOM FIXTURES - DOOR KNOBS - CUSTOM VALANCES - CURTAINS - LIGHT FIXTURES - OUTLET COVER - DIMMER SWITCHES. Located in the SENIOR community of Laguna Woods, the Towers offers many amenities which currently include: exciting dining program with $500 dining dollars per month, housekeeping 2 times a month, electricity, water, trash, basic cable, on site activities including live entertainment, bingo, movies, exercise classes, card rooms, parties & more! Living in the senior community of Laguna Woods you have access to: bus system around the community & to area shopping, restaurants, medical facilities; 5 pools & 4 hot tubs; golf, tennis, library, 7 clubhouse, over 200 clubs, 2 fitness centers, theater, horse back riding/stables, garden centers, basketball, card rooms, billiards, bocce ball, Emeritus classes & more! The Towers are two high-rise buildings with 311 units located in Laguna Woods Village.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2791.41 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 15% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 625 | 1,133 | 5% |
| Lot Size | - | 1,357 | 34% |
| Price | $45.0K | $519.0K | 3% |
| Price per sq ft | $72 | $459 | 3% |
| Built year | 1974 | 1973 | 68% |
| HOA | $2791.41 | $855 | 90% |
| Days on market | 16 | 200 | 1% |
Pricing History
Listed for Sale
Feb 19, 2026
$45,000
Initial Listing
Sold
Mar 24, 2025
$30,000
Public Record
Sold
Mar 13, 2023
$25,000
Public Record
Sold
Sep 15, 2004
$89,000
Public Record
Sold
Jan 29, 2003
$70,000
Public Record
Sold
Feb 4, 1994
$5,000
Public Record