24055 Paseo Del Lago 1155, Laguna Woods, California 92637, Laguna Woods, 92637 - 1 bed, 2 bath

24055 Paseo Del Lago 1155, Laguna Woods, California 92637 home-pic-0
ACTIVE$150,000$975/sqft
24055 Paseo Del Lago 1155, Laguna Woods, California 92637
1Bed
2Baths
975Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Views: Breathtaking west-facing views from the 11th floor, encompassing city lights, hills, and mountains, ideal for enjoying sunsets and natural light.
Top Cons:
Substantial Monthly Association Fee: The monthly association fee of $2,855.84 is exceptionally high, which could significantly impact affordability and long-term ownership costs.

Compared to the nearby listings

Price:$150.0K vs avg $500.0K ($-350,000)4%
Size:975 sqft vs avg 1,162 sqft18%
Price/sqft:$154 vs avg $4425%

More Insights

Built in 1974 (52 years old).
Condition: The property, built in 1974, is 50 years old and shows extensive signs of being outdated. The description explicitly states it has 'potential to personalize' and is 'ideal for someone ready to customize and create their dream home,' indicating a need for substantial renovation. The 'convenient kitchenette' is extremely basic with dated cabinets, minimal counter space, and limited appliances (only a small cooktop and refrigerator visible), requiring a complete overhaul to meet modern standards. Both bathrooms feature dated floral wallpaper, vanities, and fixtures. The main living areas and bedroom have worn, dated light green carpet, and the walls are covered in outdated wallpaper. While the structure appears sound, the property requires significant cosmetic rehabilitation and functional upgrades to the kitchen and bathrooms, aligning with the 'poor' condition criteria for requiring substantial repairs and rehabilitation to bring it up to contemporary living standards.
Year Built
1974
Close
-
List price
$150K
Original List price
$150K
Price/Sqft
$154
HOA
$2,855.84
Days on market
-
Sold On
-
MLS number
OC25173712
Home ConditionPoor
Features
Excellent View: City Lights, Hills, Mountain(s), Panoramic
Deck
ViewCity Lights,Hills,Mountain(s),Panoramic

About this home

Luxury 11th Floor Condo with Stunning West-Facing Views in The Towers of Laguna Woods Welcome to resort-style living at The Towers in Laguna Woods! This spacious 11th-floor 1-bedroom, 1.5-bath condo offers 975 square feet of comfortable living space with breathtaking west-facing views, perfect for enjoying vibrant sunsets and natural light throughout the day. Plantation shutters throughout the home provide excellent light control and privacy. Inside, you'll find a large open layout with plenty of potential to personalize and make it your own. The convenient kitchenette provides just the right space for light meal prep, and the generous floor plan offers flexibility for dining, entertaining, or relaxing. This unit is ideal for someone ready to customize and create their dream home. Enjoy Senior Resort Living that comes with owning a home at the Towers. Included in your monthly assessment is Dining Credits to enjoy at Latitude 50, or The Crystal Dining room, two of The Towers dining options, Bi-Weekly housekeeping, all utilities paid (except phone & internet) cable TV, planed activities and entertainment, 24 Hour Concierge Services. This is truly resort living. Plus, you enjoy all the wonderful amenities that Laguna Woods Village 55+ Gated Resort Community has to offer. 2 Professional Golf Courses and a 9 hole Executive Course, 7 clubs houses, 5 Pools, Fitness Centers, Tennis and Pickleball courts, a state of the art Theater, Equestrian Center, Art Studios, over 250 Social Clubs and Organizations, Free Bus transportation within the community as well as to local shopping centers, medical building, all this and only 5 miles to beautiful Laguna Beach.

C
Casey Newhouser
Listing Agent
Condition Rating
Poor

The property, built in 1974, is 50 years old and shows extensive signs of being outdated. The description explicitly states it has 'potential to personalize' and is 'ideal for someone ready to customize and create their dream home,' indicating a need for substantial renovation. The 'convenient kitchenette' is extremely basic with dated cabinets, minimal counter space, and limited appliances (only a small cooktop and refrigerator visible), requiring a complete overhaul to meet modern standards. Both bathrooms feature dated floral wallpaper, vanities, and fixtures. The main living areas and bedroom have worn, dated light green carpet, and the walls are covered in outdated wallpaper. While the structure appears sound, the property requires significant cosmetic rehabilitation and functional upgrades to the kitchen and bathrooms, aligning with the 'poor' condition criteria for requiring substantial repairs and rehabilitation to bring it up to contemporary living standards.
Pros & Cons

Pros

Panoramic Views: Breathtaking west-facing views from the 11th floor, encompassing city lights, hills, and mountains, ideal for enjoying sunsets and natural light.
All-Inclusive Resort Living: Comprehensive services included in the monthly assessment, such as dining credits, bi-weekly housekeeping, most utilities, cable TV, planned activities, and 24-hour concierge.
Extensive Community Amenities: Access to Laguna Woods Village's vast offerings, including multiple golf courses, clubhouses, pools, fitness centers, sports courts, a theater, equestrian center, and over 250 social clubs.
Generous Living Space: A spacious 975 sqft for a 1-bedroom, 1.5-bath unit, providing an open and comfortable layout with plantation shutters for light control.
Desirable 55+ Community & Location: Situated in a premier gated senior community, offering an active lifestyle and convenient access, being only 5 miles from Laguna Beach.

Cons

Substantial Monthly Association Fee: The monthly association fee of $2,855.84 is exceptionally high, which could significantly impact affordability and long-term ownership costs.
Requires Modernization & Customization: The unit is described as having 'potential to personalize' and being 'ideal for someone ready to customize,' indicating a need for updates to the interior and finishes.
Limited Kitchen Facilities: The presence of a 'convenient kitchenette' suggests a less-than-full-sized or fully equipped kitchen, which may not meet the culinary needs of all prospective buyers.
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