
Laguna Woods, California 92637
This Detached Malaga Residence presents a High-Potential Investment Opportunity, listed at $719,900—positioned above the $692,967 Fair Market Value. While the property requires a full rehabilitation due to its Condition Rating of 5, the stand-alone layout with no common walls and a private, glass-enclosed patio offers significant value-add potential. Located in a quiet cul-de-sac near top-rated schools like El Morro Elementary and Aliso Niguel High, this asset is ideal for Value-Add Investors or Owner-Occupants seeking to customize a prime Laguna Woods property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3418 Calle Azul A Subject | $719,900* List Price | 2 | 2 | 1,206 | $575 | - |
A 3352 Bahia Blanca E B Sold | $850,900 | 2 | 2 | 1,331 | $639 | 0.2 mi |
B 5543 Avenida Sosiega W A Sold | $920,000 | 2 | 2 | 1,643 | $560 | 0.6 mi |
C 3380 Punta Alta C Active | $510,000 List Price | 2 | 2 | 1,188 | $429 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975 and explicitly described as almost entirely original, this property is nearly 50 years old without significant renovations. The kitchen and bathrooms feature original 1970s cabinetry, lighting, and fixtures, and the interior requires a full rehabilitation to address dated finishes and aging systems.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Aliso Niguel High School (9/10).
This rare stand-alone Malaga model features no common walls, offering the privacy of a single-family home with the convenience of single-level living.
The expansive, glass-enclosed rear patio provides a unique year-round living space that overlooks a peaceful greenbelt with views of hills and trees.
The property is in almost entirely original 1975 condition, necessitating a significant budget for modern updates and cosmetic renovations.
The $910 monthly association fee is a substantial recurring expense that may affect the long-term affordability for buyers on a fixed income.
Welcome to 3418-A Calle Azul – a single-level, two-bedroom, two-bath MALAGA residence in the Laguna Woods senior community. This is a detached stand-alone home – no common walls with neighbors. The property sits on a quiet cul-de-sac far from busy roads and noisy highways. The living room features a wood burning fireplace. Skylights in the living room and one of the bathrooms bring natural light into the residence. The primary bathroom features dual sinks and a tub/shower combo. Sliding glass doors in both the living room and the primary suite open to the huge private rear patio. This patio is covered and surrounded by glass sliders which allows this space to be used for a variety of purposes year-round. There is an attractive greenbelt behind the residence with a lovely view of hills and trees beyond. The one-car attached garage has washer-dryer hookups and ample cabinet storage capacity as well as convenient direct access into the residence via a service door in the kitchen. Parking for an additional vehicle is available in the driveway plus there is ample street parking. Clubhouse 5 with swimming pool, hot tub, fitness studio and game room is a short walk away. This property is almost entirely original and represents an outstanding opportunity for a new owner to customize with their personal design concepts. Do not miss!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-5 • 2.6 mi
Grades K-5 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,206 | 1,204 |
| Lot Size | 1,206 | 333,106.5 |
| Price | $719.9K | $510.9K |
| Price per sq ft | $597 | $432 |
| Built year | 1975 | 1973 |
| HOA | $910.0 | $910 |
| Days on market | 10 | 87 |
Jul 12, 2026
$719,900
Initial Listing
May 8, 2001
$295,000
Public Record