5368 Algarrobo 2f, Laguna Woods, California 92637, Laguna Woods, 92637 - 2 bed, 2 bath

5368 Algarrobo 2f, Laguna Woods, California 92637 home-pic-0

5368 Algarrobo 2f

Laguna Woods, California 92637

ACTIVE
CONDITION: GOOD
2Beds
2Baths
894Sq Ft
427,237Lot Size

Property Price

LIST PRICE$315,000

SUMMARY

Analysis of 5368 Algarrobo 2f, Laguna Woods, California 92637 is currently available with a list price of $315,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Laguna Woods Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1973-built condo is move-in ready due to recent cosmetic updates, including fresh paint, brand new carpet, updated flooring in the kitchen and bathrooms, and newer stainless steel kitchen appliances. While the kitchen cabinets, light fixtures, and popcorn ceilings reflect an older style, they are well-maintained and functional, indicating the property has been extensively renovated within the last 5-15 years, aligning with a 'Good' condition score.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Aliso Niguel High School (9/10).

  • Modern Interior Updates

    The condo features recent updates including fresh paint, brand new carpet, newer stainless steel kitchen appliances, and updated flooring throughout the kitchen and bathrooms, offering a move-in ready condition.

  • Premier Senior Community

    Located in Laguna Woods Village, a 24-hour guard-gated community voted 'Best Senior Living Community,' providing enhanced security and a highly desirable living environment for seniors.

CONSRISKS & DEFICIENCIES

  • High Monthly Association Fee

    The association fee of $831.65 per month is substantial and represents a significant ongoing cost for homeowners, which could impact affordability.

  • Original Building Age

    Built in 1973, while the interior is updated, the building's core infrastructure may be older, potentially leading to future maintenance considerations beyond cosmetic renovations.

  • Compact Living Space

    With 894 square feet for a two-bedroom, two-bathroom unit, the living space is relatively compact, which may not suit buyers seeking more expansive or open floor plans.

About 5368 Algarrobo 2f

Welcome to Algarrobo! This nicely updated condo is located in one of the most highly desired senior communities in Orange County! This charming two-bedroom, two-bathroom condominium is situated on a single-loaded street surrounded by lush landscaping and boasts fresh paint, brand new carpet, newer stainless steel appliances in the kitchen, along with updated flooring throughout the kitchen and bathrooms. This peaceful retreat offers a tasteful, neutral palate allowing its next lucky owner to easily make it their very own. Laguna Woods Village is a beautiful, twenty-four hour guard-gated community providing unparalleled resort-style amenities to its residents. Voted "Best Senior Living Community" by the Orange County Register, those who get to call it home enjoy the use of 5 pools, 4 hot pools, 7 clubhouses, 3 fitness centers, 10 tennis courts, 7 pickleball courts, 2 professional golf courses, an equestrian center, a performing arts center featuring an 814-seat theatre, and much more!!! Resident classes, continuing educational opportunities, and more than 200 active clubs will ensure that life here in Laguna Woods Village will benefit your mind, body, and spirit. Community transportation services offer a variety of options to meet your needs, whether you're partaking in onsite activities, running errands, or looking to venture out for a day of fun. This is more than a home, it's a lifestyle! Don't miss the opportunity to call this home!

Property Details

Public Facts

Property Type
Condominium
Year Built
1973
Lot Size
427,237 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$831.65 / Month

Neighborhood Insights

Laguna Woods Unified Schools

San Joaquin Elementary School

Grades K-6 • 0.4 mi

4/10

Oak Grove Elementary School

Grades K-5 • 2.7 mi

7/10

El Morro Elementary School

Grades K-5 • 5.5 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot8941,133
15%
Lot Size427,2371,381
88%
Price$315.0K$519.0K
17%
Price per sq ft$352$459
29%
Built year19731973
50%
HOA$831.65$855
4%
Days on market267200
83%

Pricing History

Listed for Sale

Jun 13, 2025

$315,000

Initial Listing

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