494 Calle Cadiz #b, Laguna Woods, California 92637, Laguna Woods, 92637 - 2 bed, 2 bath
ACTIVE$399,900
494 Calle Cadiz #b, Laguna Woods, California 92637
2Beds
2Baths
1,050Sqft
Lot
Year Built
1965
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$381
HOA
$761.02
Days on market
-
Sold On
-
MLS number
CV25241027
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $399.9K(52th), sqft - 1050(73th), beds - 2(50th), baths - 2(50th).
Price History
Date
Event
Price
10/22/25
Listing
$399,900
Condition Rating
Fair
Built in 1965, this property shows signs of being aged but maintained. The kitchen features dated white cabinets, older wall oven, cooktop, and dishwasher, along with dated tile flooring and fluorescent lighting, though the refrigerator and faucet appear newer. Bathrooms also present dated vanities, light fixtures, and tile. While functional and clean, the property requires significant cosmetic updates throughout, including flooring, lighting, and fixtures, to meet modern standards, aligning with a 'fair' condition.
Pros & Cons
Pros
Prime Community Location: Located in Laguna Woods, a highly sought-after 55+ community renowned for its extensive amenities, active senior lifestyle, and desirable Southern California setting.
Functional Layout: The property offers a practical 2-bedroom, 2-bathroom configuration, providing comfortable and private living spaces.
Competitive Price Point: Listed at $399,900, this unit presents a potentially attractive and accessible entry point into the Laguna Woods real estate market for a 2-bed, 2-bath property.
Adequate Living Space: With 1050 square feet, the unit provides a comfortable amount of space for daily living and entertaining.
Market Freshness: The property is currently active and listed at its original price, suggesting it's a new opportunity for potential buyers without prior price reductions.
Cons
Property Age: Built in 1965, the unit is over 50 years old, indicating that significant updates or renovations may be required to modernize the interior and systems.
Stock Cooperative Ownership: The 'Stock Cooperative' sub-type of ownership can be less common and may involve unique financing challenges, stricter association rules, and different equity considerations compared to traditional condominiums or single-family homes.
High Association Fee: A substantial monthly association fee of $761.02 significantly adds to the overall cost of ownership and should be factored into a buyer's budget.