5359 Algarrobo A, Laguna Woods, California 92637, Laguna Woods, 92637 - 2 bed, 2 bath
ACTIVE$449,999
5359 Algarrobo A, Laguna Woods, California 92637
2Beds
2Baths
1,123Sqft
1,000Lot
Price Vs. Estimate
The estimated value ($481,767.93) is $31,768.93 (3%) lower than the list price ($449,999). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive 55+ Community Amenities: The property is located in Laguna Woods Village, a highly recreation-rich 55+ community offering two golf courses, 10 tennis courts, seven pickleball courts, five pools, four hot pools, three fitness centers, an equestrian center, and over 200 clubs, providing an active and engaging lifestyle.
Top Cons:
High Monthly Association Fee: The $855.0 monthly association fee is substantial and could be a significant factor impacting affordability and long-term ownership costs for potential buyers.
Compared to the nearby listings
Price:$450.0K vs avg $500.0K ($-50,001)42%
Size:1,123 sqft vs avg 1,162 sqft46%
Price/sqft:$401 vs avg $44138%
More Insights
Built in 1975 (50 years old).
Condition: The property, built in 1975, is 49 years old and shows significant signs of age and outdated features, particularly in the kitchen and bathrooms. While the property appears clean and well-maintained, the kitchen features dated white tile countertops, older white appliances (electric range with coil burners, microwave), and very old fluorescent lighting with a stained glass panel. The bathrooms also exhibit outdated vanities, fixtures, and shower enclosures, along with older flooring and lighting. Popcorn ceilings are present throughout. These elements indicate that the property has not undergone substantial renovation in several decades, likely aligning with the 'renovated between 30 to 50 years ago' criteria for a 'poor' rating. Although functional, the kitchen and bathrooms would require substantial rehabilitation and modernization to meet current quality and aesthetic standards, which goes beyond 'minor updates' typically associated with a 'fair' rating.
Year Built
1975
Close
-
List price
$450K
Original List price
$500K
Price/Sqft
$401
HOA
$855
Days on market
-
Sold On
-
MLS number
PW25190689
Home ConditionPoor
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods
About this home
FOR SALE OR RENT!! Welcome to this charming 2-bedroom, 2-bath condo nestled in the heart of the highly sought-after Laguna Woods Village—one of the most recreation-rich 55+ communities in the country. This 1,123 sq ft corner unit is ideally positioned with no one below and conveniently located above the carport, offering added privacy and ease of access. Step inside to find a light and bright interior, featuring a fresh white kitchen that opens into the spacious living area. The enclosed balcony provides a peaceful retreat for enjoying morning coffee, reading, or simply soaking in the sunshine. Residents of Laguna Woods Village enjoy resort-style amenities designed to invigorate the body, mind, and spirit, including two professional golf courses, 10 tennis courts, seven pickleball courts, five pools, four hot pools, three fitness centers, an equestrian center, and more than 200 clubs and social groups to join. Don’t miss your opportunity to live in this vibrant, active community—where every day can feel like a vacation!
Nearby schools
4/10
San Joaquin Elementary School
Public,•K-6•0.6mi
7/10
Oak Grove Elementary School
Public,•K-5•2.8mi
9/10
El Morro Elementary School
Public,•K-5•5.4mi
8/10
Melinda Heights Elementary School
Public,•K-6•8.1mi
7/10
Trabuco Mesa Elementary School
Public,•PK-6•10.2mi
7/10
Aliso Viejo Middle School
Public,•6-8•3.1mi
5/10
Los Alisos Intermediate School
Public,•7-8•3.4mi
9/10
Thurston Middle School
Public,•6-8•4.5mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•9.6mi
7/10
Laguna Hills High School
Public,•9-12•3.1mi
9/10
Aliso Niguel High School
Public,•9-12•3.9mi
9/10
Laguna Beach High School
Public,•9-12•5.2mi
8/10
Trabuco Hills High School
Public,•9-12•6.3mi
Condition Rating
Poor
The property, built in 1975, is 49 years old and shows significant signs of age and outdated features, particularly in the kitchen and bathrooms. While the property appears clean and well-maintained, the kitchen features dated white tile countertops, older white appliances (electric range with coil burners, microwave), and very old fluorescent lighting with a stained glass panel. The bathrooms also exhibit outdated vanities, fixtures, and shower enclosures, along with older flooring and lighting. Popcorn ceilings are present throughout. These elements indicate that the property has not undergone substantial renovation in several decades, likely aligning with the 'renovated between 30 to 50 years ago' criteria for a 'poor' rating. Although functional, the kitchen and bathrooms would require substantial rehabilitation and modernization to meet current quality and aesthetic standards, which goes beyond 'minor updates' typically associated with a 'fair' rating.
Pros & Cons
Pros
Extensive 55+ Community Amenities: The property is located in Laguna Woods Village, a highly recreation-rich 55+ community offering two golf courses, 10 tennis courts, seven pickleball courts, five pools, four hot pools, three fitness centers, an equestrian center, and over 200 clubs, providing an active and engaging lifestyle.
Desirable Corner Unit Location: As a corner unit with no one below and conveniently situated above the carport, the condo offers enhanced privacy and ease of access, which are highly sought-after features.
Updated Kitchen & Bright Interior: The condo features a fresh white kitchen that seamlessly opens into a spacious living area, creating a light, bright, and modern interior aesthetic.
Functional Enclosed Balcony: An enclosed balcony provides a versatile and peaceful retreat, ideal for enjoying morning coffee, reading, or simply relaxing in the sunshine, adding valuable usable space.
Attractive Price Point & Value: The property has seen a significant price reduction from its original listing and is currently listed below its estimated value, presenting a compelling and potentially undervalued opportunity for buyers.
Cons
High Monthly Association Fee: The $855.0 monthly association fee is substantial and could be a significant factor impacting affordability and long-term ownership costs for potential buyers.
Age of Building: Built in 1975, the property is nearly 50 years old. While the interior has some updates, the overall age of the building may raise concerns about aging infrastructure or potential future maintenance requirements.
Age-Restricted Community (55+): The property's location within a 55+ community significantly limits the potential buyer pool, which could affect market demand and resale flexibility.