24055 Paseo Del Lago W 512, Laguna Woods, California 92637, Laguna Woods, 92637 - 0 bed, 1 bath
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24055 Paseo Del Lago W 512
Laguna Woods, California 92637
ACTIVE UNDER CONTRACT
CONDITION: GOOD
0Beds
1Baths
500Sq Ft
486,287Lot Size
Property Price
LIST PRICE$10,000
EST. MARKET VALUE
$10,240
SUMMARY
This studio represents a High-Potential Investment Opportunity, listed at a List Price of $10,000—positioned well below the $10,240 Fair Market Value by 2%. This valuation gap offers $240 in Instant Equity. Featuring a Condition Rating of 3, the unit includes a remodeled bathroom and south-facing Hills and Trees/Woods views. With an all-inclusive independent living package, this asset is ideal for Buy-and-Hold Investors or Retirees seeking a maintenance-free, amenity-rich lifestyle in Laguna Woods.
Estimated Market Value
$10,240
Based on Realkey algorithm analyzing recent comparable sales in Laguna Woods.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24055 Paseo Del Lago W 512 Subject 0 bd · 1 ba · 500 sqft · $20 | $10,000* List Price | 0 | 1 | 500 | $20 | - |
A 24055 Paseo Del Lago 612 Active 0 bd · 1 ba · 500 sqft · $20 · 0.0 mi | $10,000 List Price | 0 | 1 | 500 | $20 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the building was constructed in 1974, the unit features a remodeled bathroom with modern stone countertops and a walk-in shower. The interior shows updated wood-look flooring and is well-maintained and move-in ready, indicating a renovation likely within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Service Package
The Towers provides an all-inclusive independent living experience, including a $500 monthly meal plan, bi-weekly housekeeping, and all utilities, offering residents a maintenance-free lifestyle.
- Optimal Exposure and Views
Positioned on the 5th floor with a south-facing orientation, the unit enjoys abundant natural light and scenic views of the surrounding hills and woods.
- Modernized Interior Features
The studio features key upgrades, including a remodeled bathroom with a walk-in shower and a walk-in closet with built-in shelving, maximizing the utility of the 500-square-foot layout.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =486287, other record lot size in square feet = 680513. Living area discrepancy between mls listing and other public or private record. mls listing living area = 500, other record living area = 915.
- High Monthly Carrying Costs
The association fee of $2,713.34 per month is substantial and represents a significant ongoing financial commitment that may outweigh the low initial purchase price for some buyers.
- Limited Living Space
As a 500-square-foot studio, the property offers a compact living environment with no separate bedroom, which may be restrictive for those with significant furniture or storage needs.
About 24055 Paseo Del Lago W 512
Beautiful SOUTH-FACING VIEW from this 5th-floor Towers studio! This “A” model features a bright, open layout, a walk-in closet with built-in shelving, and a remodeled bathroom with a walk-in shower. The Towers at Laguna Woods Village offers INDEPENDENT LIVING with an impressive range of services and amenities included in the monthly fee, including a flexible meal plan, electricity, water, trash, basic cable, bi-weekly housekeeping, and a full calendar of on-site activities. MEAL PLAN includes $500 in monthly dining dollars that can be used for breakfast, lunch, and dinner in the two dining rooms. Residents can enjoy a spacious lobby lounge, two cozy Hearth Rooms with fireplaces, Lortscher Hall, a library, puzzle room, card-playing areas, lecture/movie hall, and TV lounges. Outdoor gathering spaces include the Zen Garden, Crystal Patio, Tower 2 Fountain, and Golf Course Overlook Pond. The Towers offers an active social calendar with movies, exercise classes, bingo, musical performances, lectures, monthly birthday dinners, and off-site trips to theaters and local attractions. Residents also enjoy access to the extensive amenities of Laguna Woods Village, including clubhouses, golf courses, swimming pools, equestrian facilities, and a wide variety of clubs, classes, activities, and travel opportunities. Enjoy the convenience of independent living, an active community, and a beautiful south-facing view from the 5th floor. ** Please note: An additional HOA charge of $921.35 per month applies for a second occupant **
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 486,287 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2713.34 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 500 | 1,183.346 |
| Lot Size | 486,287 | 289,108.591 |
| Price | $10.0K | $524.3K |
| Price per sq ft | $20 | $436 |
| Built year | 1974 | 1973 |
| HOA | $2713.34 | $910 |
| Days on market | 24 | 88 |
Pricing History
Listed for Sale
Oct 1, 2026
$10,000
Initial Listing
Sold
Aug 6, 2018
$89,000
Public Record
Sold
Oct 1, 2012
$49,000
Public Record
Sold
Jan 2, 2007
$160,000
Public Record
Sold
Sep 8, 2004
$248,000
Public Record
Sold
Jul 12, 2004
$195,000
Public Record