2 months on rocket

5348 Algarrobo Unit 1B, Laguna Woods, CA, 92637

$400,000

Home List Price

$4,750*

Closing Credit

2 Bedrooms
2 Full Baths
989 SqFt
$404/SqFt
Condo

Location

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5348 Algarrobo Unit 1B, Laguna Woods$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Carport, Detached Carport
Year Built1973
HeatingElectric
CoolingWall/Window Unit(s)
FireplaceNone
ViewTrees/Woods
MLS #PW24173690
StatusActive

About 5348 Algarrobo Unit 1B

Tremendous opportunity to own an incredibly clean 2 bedroom, 2 bathroom home in a prime location of the Laguna Woods community. Great views of the surrounding mature trees and local hills can be seen from the front patio, large living room windows, and guest bedroom. Residents of the Laguna Woods community can enjoy resort-style amenities and recreations which are listed below. The highly functional floor plan includes a spacious living room, kitchen, dining area, guest bedroom, guest bathroom, and inside laundry cabinet which includes a newer, stackable washer and dryer. The large master bedroom includes a private bathroom and walk-in closet. The airy living room has plenty of room for a large TV and furniture which can be arranged in a variety of ways or great for family gatherings. Adjacent to the living room is a dining area which features a beautiful chandelier and a mirror wall. The kitchen is conveniently located next to the dining area and features recessed lighting, a double-oven range, dishwasher, refrigerator, and peninsula with additional storage. Down a short hallway you will find that both bedrooms are spacious in size and have ceiling fans. The guest bedroom also has a sliding door leading to the patio. The patio features a short block wall and tile flooring. It overlooks a well-maintained green belt with room for a small garden if desired. The patio would be a great place to enjoy a morning cup of coffee or a relaxing evening meal. Other notable features include a new air conditioning unit in the living room (though it’s not needed most days due to the downstairs location), newer large water heater outside, and upgraded wood shutters on most of the windows. Included with the home is 1 carport space that has additional storage cabinets. The manor is walking distance to the pool at Clubhouse 6. Additional Community Recreational Facilities include an archery range, auditorium/theater, 3 bocce courts, 7 clubhouses, 10 craft workshops, driving range, equestrian center, equestrian trails, 3 fitness centers, 2 garden centers, 2 golf courses, history center, 4 heated pools/spas, 3 lawn bowling greens, library, 7 paddle tennis courts, 7 pickleball courts, 5 pools, 10 tennis courts, and a table tennis facility. Most recreational facilities are included with the monthly assessment except for the golf course and equestrian center, which charge nominal “user” fees. Overall, a great place to truly live!

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Stories: 1
  • Living Area: 989 SqFt

Listing Office:

  • Office Name: StellarQuest Real Estate
  • Office Phone: (714) 974-8535
  • Listing Agent: Matthew Hamilton

Interior Features

Interior Information:

  • Appliances: Double Oven, Electric Oven, Electric Range, Refrigerator, Water Heater, Dryer, Washer
  • Flooring Type: Carpet, Tile, Vinyl
  • Interior: Ceiling Fan(s), Crown Molding, Laminate Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods

Parking Information:

  • Parking: Assigned, Carport, Detached Carport

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Heading North West on Algarrobo building is on the right. Unit is down the stairs on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $404/SqFt

HOA Fees:

  • Amount: $815
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Laguna Woods, CA.

Med. Sold Price

$421K

Med. Price/SqFt

$394

Avg. Days On Market

31

# of Sold Homes

42

5348 Algarrobo Unit 1B vs Laguna Woods

85 DAYS ON ROCKET

+54 Days

$400,000

-$21K Less

$404/SqFt

+$10 More

KEY TAKEAWAY

This property is $21K less than the Median Sold Price and $10/SqFt more than other homes in Laguna Woods, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24173690

Listing Office:

  • Office Name: StellarQuest Real Estate
  • Office Phone: (714) 974-8535
  • Listing Agent: Matthew Hamilton

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,879

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-461225
5
/10
  • San Joaquin Elementary School

  • 22182 Barbera

  • 0.50 miles

  • Public District Grades KG-6

school-card-donut-461226
8
/10
  • Don Juan Avila Elementary School

  • 26278 Wood Canyon Dr

  • 2.44 miles

  • Public District Grades PK-5

school-card-donut-461227
4
/10
  • Olivewood Elementary School

  • 23391 Dune Mear Rd

  • 2.65 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,109. The most common annual income of people living in Laguna Woods, CA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5348 Algarrobo Unit 1B

What is the listing price of this property?

The listing price of 5348 Algarrobo Unit 1B property is $400,000.

What type of property is this?

The property 5348 Algarrobo Unit 1B is a condo located in Laguna Woods, California, 92637.

Is this property for sale now?

Active Listing: 5348 Algarrobo Unit 1B is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5348 Algarrobo Unit 1B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5348 Algarrobo Unit 1B is 989 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5348 Algarrobo Unit 1B is 1973.

Rocket HomesCaliforniaOrange CountyLaguna Woods926375348 Algarrobo Unit 1B

This home is located at 5348 Algarrobo Unit 1B in Laguna Woods, CA and zip code 92637. This 989 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $400,000.

Over 8 listings were sold over their listed price in October 2024 in Laguna Woods, CA. In the same period over 25 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Laguna Woods, CA between September 2024 and October 2024 decreased by 6.8%. Listings spent 31 days on the market in October 2024, and had a median list price of $421,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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