Condo at The Towers open only to seniors LAGUNA WOODS, Calif., Dec. 18 (UPI) -- A California condo being listed for $1 is proving hard to sell due to its location in a retirement community and $1,718 a month in homeowners association dues. Cathy Flores, the listing agent for the condo in The Towers complex in Laguna Woods, said the sellers want only $1 for the 500-square-foot condo and are offering to pay $1,500 for new paint and carpeting but she has yet to receive an offer for the property, the Orange County (Calif.) Register reported Tuesday. The fourth-floor condo features dinner service, maid service and utilities included, but Flores said potential buyers are put off by the condo being in a retirement community -- which means no residents under the age of 55 are allowed -- and charging $1,718 a month in dues to the homeowners association. "It is a good deal, but it's not a good investment," Flores said. It's really for someone looking to enjoy the amenities in Laguna Woods.