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24055 Paseo Del Lago W 1455, Laguna Woods, California 92637, Laguna Woods, 92637 - 2 bed, 2 bath

24055 Paseo Del Lago W 1455, Laguna Woods, California 92637 home-pic-0
ACTIVE$349,000
24055 Paseo Del Lago W 1455, Laguna Woods, California 92637
2Beds
2Baths
1,100Sqft
486,287Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Views: Rare top-floor unit on the 14th floor offering stunning city and hill views leading to Laguna Beach from a large private patio.
Top Cons:
Very High Association Fee: The monthly association fee of $2,934.72 is exceptionally high, which could be a significant financial burden despite the extensive inclusions.

Compared to the nearby listings

Price:$349.0K vs avg $500.0K ($-151,000)21%
Size:1,100 sqft vs avg 1,162 sqft42%
Price/sqft:$317 vs avg $44118%

More Insights

Built in 1974 (51 years old).
Condition: Despite being built in 1974, the property features a recently remodeled kitchen with modern white cabinets, quartz countertops, a decorative tiled backsplash, and a stainless steel refrigerator. The master bathroom has also been redesigned with a large, elegant step-in shower, ceramic tilework, and grab bars. Laminate flooring is installed throughout the home, contributing to a move-in ready condition. While not a full, top-to-bottom renovation within the last 5 years, the significant updates to the kitchen and master bath, along with the flooring, align well with the 'Good' category's criteria for properties extensively renovated within 5-15 years and requiring no immediate renovation.
Year Built
1974
Close
-
List price
$349K
Original List price
$429K
Price/Sqft
$317
HOA
$2,934.72
Days on market
-
Sold On
-
MLS number
OC25062881
Home ConditionGood
Features
Good View: City Lights, Hills, Neighborhood
Patio
ViewCity Lights,Hills,Neighborhood

About this home

Rare top floor Condo on the 14th floor with a stunning view of the city and hills leading to Laguna Beach from your own large private patio and seller offers a $15,000 flooring and home improvement allowance to the buyer(s) upon close of escrow! This home has a darling remodeled kitchen with a two burner cooktop and built in microwave. Quartz countertops and a decorative tiled backsplash in neutral tones compliment the stainless steel refrigerator and white cabinets. The living room has large windows with a southwest view of the city. Laminate flooring is throughout the home and the home has two bedrooms with their own bathrooms. The master bath has been redesigned with safety and elegance in mind with a large step in shower surrounded in ceramic tilework and grab bars and double doors ad easy access. The master bedroom leads out to the expansive patio and could also be used as a study or art studio. The patio is such a surprise and rarely comes on the market. This one could host a large party and all the furniture, storage bin and umbrella are included in the price of the home. It s party ready and even has a storage closet. The Towers offers many amenities including a $500 a month dining credit, housekeeping every other week, electricity, water, trash and basic cable. Bingo is big here. There are card rooms, a library, movies, and exercise classes and social events and you also have access to all the amenities the city has to offer.

Condition Rating
Good
Despite being built in 1974, the property features a recently remodeled kitchen with modern white cabinets, quartz countertops, a decorative tiled backsplash, and a stainless steel refrigerator. The master bathroom has also been redesigned with a large, elegant step-in shower, ceramic tilework, and grab bars. Laminate flooring is installed throughout the home, contributing to a move-in ready condition. While not a full, top-to-bottom renovation within the last 5 years, the significant updates to the kitchen and master bath, along with the flooring, align well with the 'Good' category's criteria for properties extensively renovated within 5-15 years and requiring no immediate renovation.
Pros & Cons

Pros

Panoramic Views: Rare top-floor unit on the 14th floor offering stunning city and hill views leading to Laguna Beach from a large private patio.
Extensive HOA Inclusions & Amenities: The Towers provides a $500 monthly dining credit, bi-weekly housekeeping, utilities (electricity, water, trash, basic cable), and access to a wide array of community activities and facilities.
Remodeled Interior Features: Features a charming remodeled kitchen with quartz countertops and stainless steel appliances, along with a redesigned master bath prioritizing safety and elegance.
Expansive Private Patio: A rare and spacious private patio, ideal for entertaining, which includes furniture, a storage bin, and an umbrella, making it 'party ready'.
Seller Incentive & Price Reduction: The seller offers a $15,000 allowance for flooring and home improvements, combined with multiple significant price reductions from the original listing, indicating potential value and seller motivation.

Cons

Very High Association Fee: The monthly association fee of $2,934.72 is exceptionally high, which could be a significant financial burden despite the extensive inclusions.
Age-Restricted Community: Located within Leisure World (LW), an age-restricted community (typically 55+), which significantly limits the potential buyer pool and marketability.
Limited Kitchen Cooktop: The kitchen is equipped with only a two-burner cooktop, which may not meet the needs of buyers who prefer more extensive cooking capabilities.

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