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225 Avenida Majorca N, Laguna Woods, California 92637, Laguna Woods, 92637 - 2 bed, 2 bath

225 Avenida Majorca N, Laguna Woods, California 92637 home-pic-0
ACTIVE$340,000
225 Avenida Majorca N, Laguna Woods, California 92637
2Beds
2Baths
1,040Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Resort-Style Community Amenities: Access to an unparalleled array of amenities including multiple golf courses, tennis, pickleball courts, swimming pools, fitness centers, and various clubs, fostering an active and engaging lifestyle within the 55+ community.
Top Cons:
Stock Cooperative Ownership: The property is a Stock Cooperative, which differs significantly from traditional real estate ownership, potentially impacting financing options, resale, and equity building.

Compared to the nearby listings

Price:$340.0K vs avg $390.0K ($-50,000)39%
Size:1,040 sqft vs avg 1,009.5 sqft55%
Price/sqft:$327 vs avg $38630%

More Insights

Built in 1964 (61 years old).
Condition: The property, built in 1964, is 60 years old. While it appears well-maintained with some cosmetic updates like wood-look laminate flooring and fresh paint, the kitchen and bathrooms are significantly outdated. The kitchen features white painted cabinets with traditional hardware, white laminate countertops, an older electric coil stovetop, and a fluorescent ceiling light panel. The appliances are functional but not modern. The bathrooms have dated tile work and fixtures. These areas require minor to moderate updates to meet current aesthetic and quality standards, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated, and minor updates or repairs are required.
Year Built
1964
Close
-
List price
$340K
Original List price
$365K
Price/Sqft
$327
HOA
$819
Days on market
-
Sold On
-
MLS number
OC24241821
Home ConditionFair
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

Welcome to your new sanctuary in the serene and secure Laguna Woods Village! This well-appointed 2-bedroom, 2-bathroom residence boasts 1,040 sq ft of comfortable living space, featuring a large sunlit living room perfect for relaxation. Enjoy the outdoors from your private covered balcony, basking in beautiful serene views, and experience the abundance of natural light this home offers. Culinary enthusiasts will appreciate the open-concept kitchen, which flows seamlessly into the dining area, creating an inviting ambiance for gatherings. A skylight above adds a unique touch, illuminating the kitchen and dining space with natural light, making it the perfect spot for meals and entertaining. As you make your way down the hall you’ll find the spacious bedrooms are designed with your comfort in mind, featuring generous closet space and thoughtful storage solutions to keep your belongings organized. Both bedrooms are adorned with sunny windows, flooding the spaces with warm natural light and creating a tranquil atmosphere perfect for restful nights and invigorating mornings. Key amenities of this delightful home include an additional skylight in the guest bathroom, an in-unit washer and dryer, private parking, and additional outdoor carport storage space for your convenience. Live the resort lifestyle with incredible community amenities at your doorstep. Enjoy 2 professional golf courses, 10 tennis courts, 7 pickleball courts, 5 swimming pools, and 4 hot pools. Stay fit and active at 3 fitness centers, or indulge in hobbies at the equestrian center, garden center, and community clubhouses. You'll also be able to join one of the many recreation and education classes designed for residents, ensuring there's always something exciting to engage in. Situated in a vibrant 55+ gated community with stunning landscaping, this home is conveniently located near grocery stores, pharmacies, hospitals, and a variety of dining and entertainment options, plus easy access to the freeway. Don’t miss out on exceptional opportunity to embrace a wonderful lifestyle in Laguna Woods Village! Schedule a viewing​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ today!

Condition Rating
Fair
The property, built in 1964, is 60 years old. While it appears well-maintained with some cosmetic updates like wood-look laminate flooring and fresh paint, the kitchen and bathrooms are significantly outdated. The kitchen features white painted cabinets with traditional hardware, white laminate countertops, an older electric coil stovetop, and a fluorescent ceiling light panel. The appliances are functional but not modern. The bathrooms have dated tile work and fixtures. These areas require minor to moderate updates to meet current aesthetic and quality standards, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated, and minor updates or repairs are required.
Pros & Cons

Pros

Resort-Style Community Amenities: Access to an unparalleled array of amenities including multiple golf courses, tennis, pickleball courts, swimming pools, fitness centers, and various clubs, fostering an active and engaging lifestyle within the 55+ community.
Abundant Natural Light: The residence is bathed in natural light, featuring a sunlit living room, sunny windows in bedrooms, and multiple skylights in the kitchen/dining area and guest bathroom, creating a bright and inviting atmosphere.
Secure 55+ Gated Community: Located within the serene and secure Laguna Woods Village, a vibrant 55+ gated community with stunning landscaping, offering peace of mind and a tailored living environment for its residents.
Convenient Location & Serene Views: Strategically situated near essential services (grocery, pharmacy, hospital), dining, entertainment, and freeway access, complemented by a private covered balcony offering beautiful serene views.
Practical In-Unit Features: Includes highly desirable in-unit washer and dryer, private parking, and additional outdoor carport storage, enhancing daily convenience and functionality for residents.

Cons

Stock Cooperative Ownership: The property is a Stock Cooperative, which differs significantly from traditional real estate ownership, potentially impacting financing options, resale, and equity building.
High Monthly Association Fee: A substantial monthly association fee of $819.00 could be a significant financial burden for some buyers, especially those on fixed incomes, impacting overall affordability.
Original Construction Year: Built in 1964, the property is 60 years old, which may imply original systems or finishes that could require future updates or maintenance, despite being described as 'well-appointed'.

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