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378 Avenida Castilla O, Laguna Woods, California 92637, Laguna Woods, 92637 - 1 bed, 1 bath

378 Avenida Castilla O, Laguna Woods, California 92637 home-pic-0
ACTIVE UNDER CONTRACT$199,999
378 Avenida Castilla O, Laguna Woods, California 92637
1Bed
1Bath
770Sqft
770Lot

Price Vs. Estimate

The estimated value ($219,870) is $19,871 (0%) lower than the list price ($199,999). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views & Private Balcony: The property boasts panoramic views of the neighborhood and greenbelt from a private covered balcony, offering an ideal space for outdoor dining, entertaining, and relaxation.
Top Cons:
High Association Fee: The monthly association fee of $761.0 is substantial for a one-bedroom unit, significantly impacting the overall cost of ownership and affordability.

Compared to the nearby listings

Price:$200.0K vs avg $390.0K ($-190,001)1%
Size:770 sqft vs avg 1,009 sqft13%
Price/sqft:$260 vs avg $3861%

More Insights

Built in 1965 (60 years old).
Condition: The property, built in 1965, is well-maintained with some beneficial updates like dual-pane windows, smooth ceilings, and newer carpeting. However, the kitchen and bathroom are significantly outdated in style and features, including older white appliances, dated cabinets, laminate countertops, and flooring. While functional and clean, these key areas require minor to moderate updates to meet current aesthetic standards, aligning with the 'Fair' condition criteria for an aged but maintained home.
Year Built
1965
Close
-
List price
$200K
Original List price
$250K
Price/Sqft
$260
HOA
$761
Days on market
-
Sold On
-
MLS number
OC25111955
Home ConditionFair
Features
Good View: Neighborhood, Panoramic, Trees/Woods
Deck
ViewNeighborhood, Panoramic, Trees/Woods

About this home

Immaculate upgraded upper “Cadiz” one-bedroom, one-bath residence in the Laguna Woods senior community. Located far from busy roads and noisy highways, this property has a panoramic view of the neighborhood and the greenbelt below from its private covered balcony. This balcony is the perfect spot for outdoor dining, entertaining and relaxing. The spacious living room easily accommodates large furnishings. The unit is light and bright with natural sunlight coming through the large living room and bedroom windows. Upgrades include smooth ceilings, dual pane windows and newer carpeting. The dining room has a ceiling fan. The bedroom has mirrored closet doors. The bathroom has a large skylight and a tub/shower combo. Ample storage is available in the large living room closet as well as a large linen closet in the bathroom. There is also extra storage available in the nearby assigned carport. The large cul-de-sac has ample guest parking. Do not miss this fantastic opportunity at a great price!

Condition Rating
Fair
The property, built in 1965, is well-maintained with some beneficial updates like dual-pane windows, smooth ceilings, and newer carpeting. However, the kitchen and bathroom are significantly outdated in style and features, including older white appliances, dated cabinets, laminate countertops, and flooring. While functional and clean, these key areas require minor to moderate updates to meet current aesthetic standards, aligning with the 'Fair' condition criteria for an aged but maintained home.
Pros & Cons

Pros

Panoramic Views & Private Balcony: The property boasts panoramic views of the neighborhood and greenbelt from a private covered balcony, offering an ideal space for outdoor dining, entertaining, and relaxation.
Extensive Interior Upgrades: The residence features significant upgrades including smooth ceilings, dual-pane windows, and newer carpeting, contributing to a modern and well-maintained living environment.
Quiet Location & Abundant Natural Light: Positioned away from busy roads and highways, the unit offers a peaceful setting and is filled with natural sunlight through large living room and bedroom windows.
Ample Storage Solutions: Generous storage is available with a large living room closet, a linen closet in the bathroom, and additional storage in the nearby assigned carport.
Spacious Living Area: The living room is notably spacious, designed to comfortably accommodate large furnishings, enhancing the unit's livability.

Cons

High Association Fee: The monthly association fee of $761.0 is substantial for a one-bedroom unit, significantly impacting the overall cost of ownership and affordability.
Stock Cooperative Ownership: The 'Stock Cooperative' ownership structure can be less conventional, potentially leading to challenges with financing options and stricter community regulations compared to traditional condominium or fee-simple properties.
Significant Price Reductions: The property has undergone multiple price reductions from its original list price of $249,900 to $199,999, which may indicate initial overpricing or market resistance, potentially affecting perceived value.

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