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

5368 Algarrobo 2f
Laguna Woods, California 92637
Property Price
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
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
Oak Grove Elementary School
Grades K-5 • 2.7 mi
El Morro Elementary School
Grades K-5 • 5.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 894 | 1,133 | 15% |
| Lot Size | 427,237 | 1,381 | 88% |
| Price | $315.0K | $519.0K | 17% |
| Price per sq ft | $352 | $459 | 29% |
| Built year | 1973 | 1973 | 50% |
| HOA | $831.65 | $855 | 4% |
| Days on market | 267 | 200 | 83% |
Pricing History
Listed for Sale
Jun 13, 2025
$315,000
Initial Listing




















