Yes. California is a community state, so Leisure World will qualify all married couples based on total joint income and assets. Unmarried buyers can not combine income and will need to meet the income requirements individually.
Got to: lwsb.com and look for the “Mutuals” pull down menu. Open each one individually. Under QuickLinks click on “Mutual Minutes and read them to find the most recent financial report
The first 2 minutes of this old newsreel is all about the opening of Leisure World in Seal Beach in 1962. It is an interesting look back into history.
At the owners death, the property can be sold or inherited just like any other property you have ever owned. The only requirement is that the new owner meet the Leisure World financial and physical requirements
Yes they can. The bus runs Monday to Thursday. The shuttle bus has a capacity for two wheelchairs passengers, and people with walkers are allowed to bring them onto the bus. The shuttle bus specifically services Leisure World, providing service to the OLD Ranch Town Center and The Shops at Rossmoor.
The City of Seal Beach provides free transportation through a city sponsored Dial-A-Ride bus service. This is a door to door service for seniors 55 and older and is available Monday – Friday from 8 a.m. to 4 p. m. Return trips must be completed by 5 p. m.
To schedule a pick up date and time, call (562) 439-3699
The Dial-A-Ride service can be used to ride to any destination within the City of Seal Beach. The Dial-A-Ride service will also provide transportation to doctors and other medical appointments that are located up to three miles outside of the Seal Beach city limits.
Group pick-ups can be arraigned from a central location for parties up to 16 people for dining and other outings.
The monthly mutual fee (HOA) includes the water, trash and maintenance on the common areas. It also includes maintenance on the Leisure World standard appliance inside of the unit. If the homeowner replaces the appliances with non-standard appliances, then the new ones are not covered
Yes, shareholders have the option to pay their monthly assessments via direct debit from their checking account. Leisure World have a simple form to fill out and requires a blank voided check. The direct debit amount will be the amount of the monthly assessment only. If there are other charges to the shareholder’s account, such as a service maintenance invoice, those types of charges will need to be paid by check or cash.
In January Leisure World in Seal Beach had 112 units listed for sale. At the end of July The active listing had doped to only 24 units for sale. During that same time period, the average sale price increased about $10,000 per month. In August the downward trend reversed. As of today, 68 units are listed for sale. Each day, I am seeing more units come on the market. They are still selling, but the increased inventory is causing the cheaper ones to sell faster.
Just listed for $240,000 – 2 bedroom 1 bath, 1,100 square foot expanded unit.
CLICK ON PHOTO TO SEE VIRTUAL TOUR