397 Avenida Castilla C, Laguna Woods, California 92637, Laguna Woods, 92637 - 2 bed, 2 bath
ACTIVE$450,000
397 Avenida Castilla C, Laguna Woods, California 92637
2Beds
2Baths
1,300Sqft
448,668Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Established 55+ Community: Located within Leisure World Laguna Woods, offering a vibrant active adult lifestyle with a strong sense of community and security, appealing to its target demographic.
Top Cons:
Stock Cooperative Ownership: This specific ownership structure may present unique financing challenges or be less appealing to buyers unfamiliar with its nuances compared to traditional real estate.
Compared to the nearby listings
Price:$450.0K vs avg $390.0K (+$60,000)70%
Size:1,300 sqft vs avg 1,010 sqft87%
Price/sqft:$346 vs avg $38638%
More Insights
Built in 1966 (59 years old).
Condition: Built in 1966, this property shows significant age and lack of modern updates. The images reveal very dated and worn interior finishes, including old carpet and light fixtures. The visible outdoor HVAC unit appears very old, suggesting major system replacements are likely needed. While specific kitchen and bathroom images are not provided, the overall condition indicates these areas would also require full renovation. The property needs substantial rehabilitation to meet current quality standards and comfort.
Year Built
1966
Close
-
List price
$450K
Original List price
$550K
Price/Sqft
$346
HOA
$825
Days on market
-
Sold On
-
MLS number
OC25150490
Home ConditionPoor
Features
Deck
Patio
View-
About this home
Condition Rating
Poor
Built in 1966, this property shows significant age and lack of modern updates. The images reveal very dated and worn interior finishes, including old carpet and light fixtures. The visible outdoor HVAC unit appears very old, suggesting major system replacements are likely needed. While specific kitchen and bathroom images are not provided, the overall condition indicates these areas would also require full renovation. The property needs substantial rehabilitation to meet current quality standards and comfort.
Pros & Cons
Pros
Established 55+ Community: Located within Leisure World Laguna Woods, offering a vibrant active adult lifestyle with a strong sense of community and security, appealing to its target demographic.
Generous Living Space: A comfortable 1300 sqft layout with 2 bedrooms and 2 bathrooms provides ample and practical living space for residents.
Attractive Price Adjustment: A significant price reduction from $550,000 to $450,000 indicates a motivated seller and presents a compelling value opportunity for potential buyers.
Extensive Community Amenities: Residents benefit from access to a wide range of amenities typical of Leisure World, such as golf courses, swimming pools, fitness centers, and various social clubs.
Low-Maintenance Lifestyle: The stock cooperative model, supported by the association fee, typically covers exterior maintenance and common area services, simplifying homeownership.
Cons
Stock Cooperative Ownership: This specific ownership structure may present unique financing challenges or be less appealing to buyers unfamiliar with its nuances compared to traditional real estate.
Substantial Monthly Association Fee: The $825 monthly association fee is a considerable ongoing cost that buyers must factor into their budget, potentially limiting affordability.
Original Construction Year: Built in 1966, the property's age suggests potential for dated interiors or systems that may require future renovation or upgrades to meet modern buyer expectations.