741 Avenida Majorca B, Laguna Woods, California 92637, Laguna Woods, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$437,000
741 Avenida Majorca B, Laguna Woods, California 92637
2Beds
1Bath
940Sqft
Lot
Year Built
1964
Close
-
List price
$437K
Original List price
$440K
Price/Sqft
-
HOA
$931.39
Days on market
-
Sold On
-
MLS number
LG25154345
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Curated in a warm cottage style, this beauty features a bright white kitchen with warm beige granite countertops and quiet close drawers. Plenty of storage and dedicated desk space. Upgraded appliances and window providing natural light. Wooden floors, new bright paint and crown molding flow seamlessly throughout the home. Ceilings updated with smooth modern finish. Updated bathroom with various lights and skylight to fit your needs. Stylish double sink vanity and safe shower. Topnotch washer/dryer combo conveniently located in the hallway. Big open living room/dining room combo with vaulted ceiling, floor to ceiling storage as well as plenty of light from windows and atrium. Two spacious bedrooms: one with wainscoting and warm grey paint off the atrium; the primary lit up by a huge window. Central AC and heating. Double paned windows. Nice front patio to expand your living space, plenty parking on front street and in the carport. Additional outdoor storage on porch and in carport. Laguna Woods Village is a gated community offering countless amenities, including: golf courses, tennis, pools, gyms, 200+ clubs (i.e. ceramics, woodworking, and jewelry making), restaurant, horseback riding, performing arts classes and center and much more. Additionally, Laguna Woods Village boasts a free private bus system to nearby shopping, banks, restaurants, mall, medical facilities & houses of worship. Co-op qualifications: Cash only; Income: $40,000.00. Assets: $125K plus the purchase price. Purchaser must be 55+. Purchaser must pay Cash (Seller or private financing could be an option, pending HOA approval). Contact Laguna Woods directly for Co-op qualification questions. Monthly fee of $931.39 includes $761.02 for assessment/dues (HOA) , $54.23 for Property Insurance and $116.14 for Property Taxes.

Price History

Date
Event
Price
08/28/25
Price Change
$437,000-0.7%
07/11/25
Listing
$440,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (148 Listings)
Beds22
50%
Baths12
29%
Square foot9401,010
21%
Lot Size00
Price$437K$380K
70%
Price per square foot$465$367
83%
Built year19641966
14%
HOA$931.39$761.02
89%
Days on market117184
19%
Condition Rating
Good

Despite being built in 1964, this property has undergone extensive and recent renovations, bringing it to a 'Good' condition. The kitchen features bright white cabinets, warm beige granite countertops, quiet-close drawers, and upgraded white appliances, along with a subway tile backsplash, presenting a clean and contemporary look. The bathroom is updated with a stylish double-sink vanity, modern lighting, a skylight, and a safe shower. Throughout the home, there are wooden floors, new paint, crown molding, and smooth modern ceilings. Major systems like central AC/heating and double-paned windows have also been updated, ensuring comfort and efficiency. The property is move-in ready with no immediate renovations required, aligning well with the criteria for a 'Good' score, indicating extensive renovation within the last 5-15 years.
Pros & Cons

Pros

Extensively Updated Interior: The property features a bright, modernized kitchen with granite countertops, an updated bathroom with a skylight, wooden floors, new paint, crown molding, and smooth ceilings throughout, offering a contemporary living experience.
Comprehensive Community Amenities: Located within the gated Laguna Woods Village (55+), residents have access to extensive amenities including golf courses, tennis courts, pools, gyms, over 200 clubs, a restaurant, and a convenient free private bus system.
Enhanced Comfort & Efficiency: Equipped with central AC and heating, along with double-paned windows, ensuring optimal climate control, energy efficiency, and reduced noise.
Functional Living Spaces: Boasts an open living/dining area with vaulted ceilings, abundant natural light from windows and an atrium, and integrated floor-to-ceiling storage, maximizing space and utility.
Outdoor Space & Convenient Parking: Includes a pleasant front patio for expanded living space, ample street parking, a dedicated carport, and additional outdoor storage on the porch and in the carport.

Cons

Highly Restrictive Buyer Qualifications: The property requires a cash-only purchase, a 55+ age restriction, and specific income ($40,000) and asset ($125,000 plus purchase price) minimums, significantly limiting the potential buyer pool.
Substantial Monthly Fees: A high monthly fee of $931.39, which covers HOA assessments, property insurance, and property taxes, represents a significant ongoing financial commitment.
Discrepancy in Valuation: The current listing price is 12% higher than the estimated property value, which may suggest it is overpriced relative to market expectations.

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