24055 Paseo Del Lago 612, Laguna Woods, California 92637, Laguna Woods, 92637 - bed, 1 bath

24055 Paseo Del Lago 612, Laguna Woods, California 92637 home-pic-0
ACTIVE$28,500
24055 Paseo Del Lago 612, Laguna Woods, California 92637
0Bed
1Bath
500Sqft
500Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
All-Inclusive Senior Living: The comprehensive HOA fee covers housekeeping, dining dollars, utilities (electricity, water, trash), basic cable, and on-site activities, providing a convenient and worry-free lifestyle tailored for seniors.
Top Cons:
High Monthly HOA Fee: Despite its all-inclusive nature, the $2,529.95 monthly HOA assessment represents a substantial ongoing financial commitment for residents.

Compared to the nearby listings

Price:$28.5K vs avg $500.0K ($-471,500)2%
Size:500 sqft vs avg 1,162 sqft3%
Price/sqft:$57 vs avg $4412%

More Insights

Built in 1974 (51 years old).
Condition: Built in 1974, this studio condo is 50 years old. While clean and functional, the kitchen and bathroom are significantly dated. The kitchenette features a basic 2-burner cooktop and older fridge, with dated cabinets and countertops. The bathroom has an older-style vanity, fixtures, and a beige 'cut down' shower unit, indicating an older aesthetic despite the accessibility modification. The carpeting and built-in murphy bed also reflect an older style. The unit is well-maintained but shows no signs of major renovations within the last 30 years, requiring updates to meet current standards and appeal.
Year Built
1974
Close
-
List price
$29K
Original List price
$29K
Price/Sqft
$57
HOA
$2,529.95
Days on market
-
Sold On
-
MLS number
OC24211896
Home ConditionFair
Features
Excellent View: Golf Course, Panoramic
ViewGolf Course,Panoramic

About this home

Studio condo at the Towers. Located on the 6th floor, there are gorgeous views of the golf course and Laguna Woods. The kitchen features a 2 burner cook top and fridge. The sleeping area has a built-in murphy bed and a spacious walk-in closet. The bathroom has a cut down shower for easier access. Located in Laguna Woods, a SENIOR community, the Towers monthly HOA assessment includes housekeeping every other week, $500 dining dollars per month with breakfast, lunch and dinner offered daily, electricity, water, trash, basic cable and on-site activities. Living in Laguna Woods means access to bus system around the community, to area shopping, restaurants, medical facilities; 5 pools & 4 hot tubs; 27-hole golf course, tennis, library, state-of-the art crafts facility, 7 clubhouses, 200+ clubs, 2 fitness centers, theater, horseback riding/stables, garden centers, basketball, billiards, bocce ball, Emeritus classes & more! One occupant must be at least 55 years old.

Condition Rating
Fair

Built in 1974, this studio condo is 50 years old. While clean and functional, the kitchen and bathroom are significantly dated. The kitchenette features a basic 2-burner cooktop and older fridge, with dated cabinets and countertops. The bathroom has an older-style vanity, fixtures, and a beige 'cut down' shower unit, indicating an older aesthetic despite the accessibility modification. The carpeting and built-in murphy bed also reflect an older style. The unit is well-maintained but shows no signs of major renovations within the last 30 years, requiring updates to meet current standards and appeal.
Pros & Cons

Pros

All-Inclusive Senior Living: The comprehensive HOA fee covers housekeeping, dining dollars, utilities (electricity, water, trash), basic cable, and on-site activities, providing a convenient and worry-free lifestyle tailored for seniors.
Extensive Community Amenities: Residents gain access to a vast array of facilities including a 27-hole golf course, 5 pools, 7 clubhouses, 200+ clubs, fitness centers, and a community bus system, fostering an active and engaging environment.
Panoramic Golf Course Views: Located on the 6th floor, the condo offers gorgeous panoramic views of the golf course and Laguna Woods, enhancing the property's appeal and living experience.
Accessibility Features: The bathroom includes a cut-down shower for easier access, catering to the specific needs and comfort of senior residents.
Exceptional Value Proposition: With a list price of $28,500, this property offers an incredibly affordable entry point into a highly amenitized senior community in a desirable California location.

Cons

High Monthly HOA Fee: Despite its all-inclusive nature, the $2,529.95 monthly HOA assessment represents a substantial ongoing financial commitment for residents.
Compact Studio Layout: The 500 sqft studio configuration offers limited living space, which may not be suitable for all prospective buyers seeking more expansive accommodations.
Age-Restricted Community: As part of a 55+ senior community, the property's potential buyer pool is restricted to a specific demographic, which can impact marketability.

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