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24055 Paseo Del Lago 954, Laguna Woods, California 92637, Laguna Woods, 92637 - 1 bed, 2 bath

24055 Paseo Del Lago 954, Laguna Woods, California 92637 home-pic-0
ACTIVE$139,500
24055 Paseo Del Lago 954, Laguna Woods, California 92637
1Bed
2Baths
975Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Views: The 9th-floor condo offers breathtaking, south-facing panoramic views of city lights, hills, and mountains, described as the 'BEST in the Towers,' enhancing its appeal and natural light.
Top Cons:
Very High Association Fee: The monthly association fee of $2,855.84 is exceptionally high, which could be a significant financial consideration for potential buyers.

Compared to the nearby listings

Price:$139.5K vs avg $500.0K ($-360,500)5%
Size:975 sqft vs avg 1,162 sqft20%
Price/sqft:$143 vs avg $4415%

More Insights

Built in 1974 (51 years old).
Condition: Built in 1974, this property is 50 years old and appears to have had minimal to no significant renovations. The 'convenient kitchenette' is extremely basic, featuring older white appliances, laminate countertops, and a small sink, lacking a full stove/oven, which is a major functional limitation. The bathroom is equally dated with an old vanity, sink, faucet, and fluorescent strip lighting. Throughout the unit, popcorn ceilings, older carpeting, and dated light fixtures are prevalent. The listing description itself notes 'plenty of potential to personalize' and that it's 'ideal for someone ready to customize and create their dream home,' indicating a need for substantial rehabilitation rather than minor updates. While structurally sound, the property requires extensive modernization to meet current living standards and comfort, aligning with a 'Poor' condition score.
Year Built
1974
Close
-
List price
$140K
Original List price
$150K
Price/Sqft
$143
HOA
$2,855.84
Days on market
-
Sold On
-
MLS number
OC25198202
Home ConditionPoor
Features
Excellent View: City Lights, Hills, Mountain(s), Panoramic
ViewCity Lights,Hills,Mountain(s),Panoramic

About this home

Luxury 9th Floor Condo with Stunning South-Facing Views in The Towers of Laguna Woods Welcome to resort-style living at The Towers in Laguna Woods! This spacious 9th-floor 1-bedroom, 1.5-bath condo offers 975 square feet of comfortable living space with breathtaking panoramic views, perfect for enjoying the FEEL of being right outside and natural light throughout the day. These views are the BEST in the Towers and you wont want to miss ! Inside, you'll find a large open layout with plenty of potential to personalize and make it your own. The convenient kitchenette provides just the right space for light meal prep, and the generous floor plan offers flexibility for dining, entertaining, or relaxing. This unit is ideal for someone ready to customize and create their dream home. Enjoy Senior Resort Living that comes with owning a home at the Towers. Included in your monthly assessment is 500 Dining Credits per resident, to enjoy at Latitude 50, or The Crystal Dining room, two of The Towers dining options, Bi-Weekly housekeeping, all utilities paid (except phone & internet) cable TV, planed activities and entertainment, 24 Hour Concierge Services. This is truly resort living. Plus, you enjoy all the wonderful amenities that Laguna Woods Village 55+ Gated Resort Community has to offer. 2 Professional Golf Courses and a 9 hole Executive Course, 7 clubs houses, 5 Pools, Fitness Centers, Tennis and Pickleball courts, a state of the art Theater, Equestrian Center, Art Studios, over 250 Social Clubs and Organizations, Free Bus transportation within the community as well as to local shopping centers, medical building, all this and only 5 miles to beautiful Laguna Beach.

Condition Rating
Poor
Built in 1974, this property is 50 years old and appears to have had minimal to no significant renovations. The 'convenient kitchenette' is extremely basic, featuring older white appliances, laminate countertops, and a small sink, lacking a full stove/oven, which is a major functional limitation. The bathroom is equally dated with an old vanity, sink, faucet, and fluorescent strip lighting. Throughout the unit, popcorn ceilings, older carpeting, and dated light fixtures are prevalent. The listing description itself notes 'plenty of potential to personalize' and that it's 'ideal for someone ready to customize and create their dream home,' indicating a need for substantial rehabilitation rather than minor updates. While structurally sound, the property requires extensive modernization to meet current living standards and comfort, aligning with a 'Poor' condition score.
Pros & Cons

Pros

Panoramic Views: The 9th-floor condo offers breathtaking, south-facing panoramic views of city lights, hills, and mountains, described as the 'BEST in the Towers,' enhancing its appeal and natural light.
Inclusive Resort-Style Living: The monthly assessment covers extensive services including $500 dining credits, bi-weekly housekeeping, all utilities (except phone/internet), cable TV, planned activities, entertainment, and 24-hour concierge services.
Extensive Community Amenities: Residents gain access to Laguna Woods Village's 55+ gated resort community amenities, featuring golf courses, clubhouses, pools, fitness centers, tennis/pickleball courts, a theater, equestrian center, art studios, and over 250 social clubs.
Spacious Layout: With 975 square feet, this 1-bedroom, 1.5-bath unit offers a large open layout, providing comfortable living space and flexibility for personalization.
Prime Location: Situated in Laguna Woods, the property benefits from being only 5 miles from beautiful Laguna Beach and within a highly desirable 55+ resort community.

Cons

Very High Association Fee: The monthly association fee of $2,855.84 is exceptionally high, which could be a significant financial consideration for potential buyers.
Needs Customization/Updates: The description indicates the unit has 'plenty of potential to personalize' and is 'ideal for someone ready to customize,' suggesting it may require significant updates to meet modern tastes.
Limited Kitchen Facilities: The property features a 'convenient kitchenette' rather than a full-sized kitchen, which may not be suitable for those who enjoy extensive cooking or entertaining.

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