Many Southern Californians know about Leisure World, that active community for those over 55 years of age.
In the Seal Beach Leisure World there are over 6,000 homes, with a golf course, more than 200 special interest clubs, a post office, a health center, library, pool, club houses, and churches. The units in Leisure World are stock cooperatives, where you buy in, all cash. There is one mutual (what they call their communities within Leisure World) with condos that can be financed.
There is an interview process to be an approved buyer, and you must have $25,000 in cash reserves, as well as a letter from your physician stating you are healthy enough to live on your own. There are monthly HOA fees.
Located near the beach and near the intersection of the 405, 605 and 22 freeways, it is convenient for many families to visit relatives who decide to move to Leisure World. If you’re interested in learning more for yourself or for a parent/s, please let me know. I recently sold one unit for sale, with another coming up in a few months. Both are expanded and updated, with in unit laundry.