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24055 S Paseo Del Lago Unit 712 712, Laguna Woods, California 92637, Laguna Woods, 92637 - 1 bed, 1 bath

24055 S Paseo Del Lago Unit 712 712, Laguna Woods, California 92637 home-pic-0
ACTIVE$89,998
24055 S Paseo Del Lago Unit 712 712, Laguna Woods, California 92637
1Bed
1Bath
500Sqft
500Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Community Amenities: The property is located within Laguna Woods Village, a premier 55+ community offering an unparalleled array of amenities including multiple golf courses, swimming pools, over 200 clubs, fitness centers, and various recreational facilities, promoting an active lifestyle.
Top Cons:
High Monthly Association Fee: Despite its inclusions, the $2600 monthly association fee is exceptionally high, representing a significant ongoing financial commitment that could deter some potential buyers.

Compared to the nearby listings

Price:$90.0K vs avg $500.0K ($-410,002)5%
Size:500 sqft vs avg 1,166.5 sqft3%
Price/sqft:$180 vs avg $4397%

More Insights

Built in 1974 (51 years old).
Condition: Despite the building's age (1974), the studio condo has undergone a recent and extensive interior renovation. The description highlights 'high-end porcelain tile,' 'new refrigerator,' and 'smooth ceilings,' all of which are visible in the images and present a modern, virtually new aesthetic. The kitchen features contemporary white cabinetry and recessed lighting, and the overall unit appears to be in pristine, move-in ready condition with no deferred maintenance.
Year Built
1974
Close
-
List price
$90K
Original List price
$90K
Price/Sqft
$180
HOA
$2,600
Days on market
-
Sold On
-
MLS number
OC25119853
Home ConditionExcellent
Features
Good View: Golf Course, Neighborhood
ViewGolf Course,Neighborhood

About this home

Studio condo at the Towers in the wonderful community of Laguna Woods for those over 55 in age. Located on the 7th floor with spectacular views of the South of the golf course and Laguna Woods. Remodeled with high-end porcelain tile, the kitchen features a two-burner electric cooktop and a new refrigerator. The sleeping area has a built-in Murphy pull-down bed, a spacious walk-in closet, and smooth ceilings. The Towers' monthly assessment includes housekeeping twice a month, $500.00 dining credit per month with breakfast, lunch, and dinner offered daily, electricity, water, trash pickup, and basic cable. There are many onsite activities, including all the amenities of the Laguna Woods Village, including a 27-hole golf course, a nine-hole executive golf course, five swimming pools and jazzucies, two hundred clubs and activities, pickle ball, tennis, fitness centers, state of the art craft facilities, garden centers, billards, bocce ball, equestrian stables, and much much more. Come and enjoy the beautiful community of Laguna Woods.

Condition Rating
Excellent
Despite the building's age (1974), the studio condo has undergone a recent and extensive interior renovation. The description highlights 'high-end porcelain tile,' 'new refrigerator,' and 'smooth ceilings,' all of which are visible in the images and present a modern, virtually new aesthetic. The kitchen features contemporary white cabinetry and recessed lighting, and the overall unit appears to be in pristine, move-in ready condition with no deferred maintenance.
Pros & Cons

Pros

Extensive Community Amenities: The property is located within Laguna Woods Village, a premier 55+ community offering an unparalleled array of amenities including multiple golf courses, swimming pools, over 200 clubs, fitness centers, and various recreational facilities, promoting an active lifestyle.
All-Inclusive Monthly Assessment: The substantial $2600 monthly assessment covers significant living expenses such as a $500 dining credit, bi-monthly housekeeping, electricity, water, trash pickup, and basic cable, simplifying budgeting for residents.
Spectacular Views: Situated on the 7th floor, the condo offers spectacular views of the golf course and the surrounding Laguna Woods area, enhancing the living experience and property appeal.
Modernized Interior Finishes: The studio has been recently remodeled with high-end porcelain tile, a new refrigerator, and smooth ceilings, providing a contemporary and updated living environment.
Efficient Space Utilization: The inclusion of a built-in Murphy pull-down bed and a spacious walk-in closet effectively maximizes the functionality and livability of the 500 sqft studio layout.

Cons

High Monthly Association Fee: Despite its inclusions, the $2600 monthly association fee is exceptionally high, representing a significant ongoing financial commitment that could deter some potential buyers.
Limited Buyer Pool: As a 55+ community, the property's age restriction significantly narrows the potential buyer demographic, which may impact market demand and resale velocity.
Compact Living & Kitchen Limitations: The 500 sqft studio size may feel restrictive for some, and the kitchen features only a two-burner electric cooktop without a full oven, which could be a drawback for those who enjoy extensive cooking.

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