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704 Avenida Sevilla D, Laguna Woods, California 92637, Laguna Woods, - bed, bath

home-pic
ACTIVE$399,900
704 Avenida Sevilla D, Laguna Woods, California 92637
2Beds
1Bath
995Sqft
10,000Lot
Year Built
1965
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
-
HOA
$762
Days on market
-
Sold On
-
MLS number
OC25139240
Home ConditionFair
Features
ViewNeighborhood

About this home

Single Level, Cottage Style, No Steps, No Stairs, No One above , No One Below, Light and Bright Open Atrium, Inside Laundry, Tenant Occupied until July 31,2026, Great Investment. Valencia Model, Corner Unit, Vaulted Living Room Ceiling, 995 Square Feet, Park in Front on Calle Aragon or Carport Is Directly Behind the Building. Located Across from Clubhouse 3 ( The Performing Arts Center 800 + seats ) and the Post Office. Welcome to this Senior Resort Community of Laguna Woods Village that has 7 Clubhouses Plus a World Class Golf Clubhouse with Spectacular Views & Dining. 27 Hole Course , Driving Range and another 9 Hole 'Executive' Par 3 Course. Full Equestrian Center. 5 Swimming, Pools 4 Hot tubs, Lighted Tennis & Pickle Ball Courts. 3 State of the Art Fitness Centers. 2 Computer Centers (PC & Mac ), Card rooms, Video Lab, Digital Photography Studio, Wood Shop, Sewing Rooms, 2 Ceramics Studios, Art/Painting rooms, Jewelry Making, Lapidary and Ping-Pong. Example: Club House 1 has a Fitness Center, Swimming Pool, Hot Pool, Volleyball, Basketball, Bocce, Billiard Room, Indoor Archery Range, Bus Station, Drop-In ( Coffee ) Lounge, and activities like Yoga, Tai Chi, Chi Gong, Painting, Shuffle Board, Line Dancing, Badminton. Multiple Accessible Mobility Friendly Paths, Free Local Bus service, Cable TV System & Broadcasting Studio, 2 Garden Plot areas for growing your own, only 7 miles to the Pacific Ocean in Laguna Beach.

Price History

Date
Event
Price
06/20/25
Listing
$399,900
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (143 Listings)
Beds22
50%
Baths12
29%
Square foot9951,010
33%
Lot Size10,0000
33%
Price$400K$383K
55%
Price per square foot$402$368.5
65%
Built year19659830983
47%
HOA$762$761.02
78%
Days on market137186
28%
Condition Rating
Fair
Built in 1965, this property is nearly 60 years old. While it appears well-maintained with updated laminate flooring in some areas, the bathroom fixtures and overall style are dated. The heating system (baseboard) is older, and there's no visible central AC. The absence of kitchen images makes a full assessment difficult, but based on the visible areas, it's likely the kitchen is also outdated. The property is functional and livable but would require significant updates to meet modern aesthetic and amenity standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exceptional Community Amenities: The property is located within Leisure World, a premier senior resort community offering an unparalleled array of amenities including 7 clubhouses, two golf courses (27-hole and 9-hole executive), an equestrian center, 5 swimming pools, tennis/pickleball courts, state-of-the-art fitness centers, and numerous hobby/activity rooms.
Ideal Senior-Friendly Design: This single-level, cottage-style unit features no steps, no stairs, no one above or below, and includes accessible mobility-friendly paths and free local bus service, making it perfectly suited for comfortable senior living.
Strategic Internal Location: The unit boasts a prime location directly across from Clubhouse 3 (The Performing Arts Center) and the Post Office, providing convenient and easy access to major community facilities.
Immediate Investment Potential: Explicitly marketed as a 'Great Investment' and currently tenant-occupied until July 31, 2026, this property offers guaranteed rental income from day one for an investor.
Desirable Unit Characteristics: As a corner unit with a vaulted living room ceiling, light and bright open atrium, and inside laundry, the property offers attractive features that enhance living comfort and appeal.

Cons

Extended Tenant Occupancy: The property is tenant-occupied until July 31, 2026, which significantly limits the buyer pool to investors only and prevents immediate owner-occupancy.
Stock Cooperative Ownership Structure: The property is a 'Stock Cooperative,' a less common ownership type where buyers purchase shares in a corporation rather than direct real estate, which can affect financing options and resale appeal for some buyers.
High Monthly Association Fee: The $762.0 monthly association fee, while covering extensive community amenities, represents a substantial ongoing cost that could be a deterrent for budget-conscious buyers.

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