19 Hemlock, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
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Rancho Santa Margarita, California 92688
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $475,000—positioned above the $439,545 Fair Market Value. While the price reflects a premium, the property features a Condition Rating of 3, boasting recent upgrades including wood plank flooring, fresh interior paint, and newer kitchen appliances. The ground-level unit offers a private patio/courtyard and convenient garage access. Located within the Saddleback Valley Unified school district, this move-in ready home is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19 Hemlock Subject | $475,000* List Price | 1 | 1 | 642 | $685 | - |
A 27 Castano Sold | $430,000 | 1 | 1 | 692 | $621 | 0.4 mi |
B 21 Silktassel Sold | $485,000 | 1 | 1 | 742 | $654 | 0.1 mi |
C 59 Gaviota 158 Sold | $530,000 | 2 | 1 | 648 | $818 | 0.1 mi |
D 70 Gavilan 18 Sold | $440,000 | 2 | 1 | 618 | $712 | 0.2 mi |
E 45 Via Prado Sold | $470,000 | 2 | 1 | 700 | $671 | 0.6 mi |
F 74 Flor De Sol 53 Sold | $488,000 | 2 | 2 | 800 | $610 | 0.5 mi |
G 7 Via Cresta Active | $499,900 List Price | 2 | 1 | 668 | $748 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1987 (39 years old), it is well-maintained and move-in ready due to several recent updates. It features new wood plank flooring, fresh interior paint, and a brand-new water heater (installed 2024). The kitchen has been refreshed with newer stainless steel appliances and stone countertops, though the fluorescent lighting and cabinet structures remain dated. The exterior vinyl fencing is also a recent improvement.
The condo features high-quality wood plank flooring throughout, fresh interior paint, and updated kitchen cabinetry, providing a contemporary and well-maintained aesthetic for the next owner.
As a ground-floor unit, this property offers excellent accessibility and includes a private courtyard with newer vinyl fencing, enhancing both privacy and outdoor utility.
The property is move-in ready with all newer kitchen appliances included and a nearby garage featuring built-in storage, making it an ideal entry-level purchase for first-time buyers.
At just 642 square feet, the living space is quite compact, which may be a constraint for buyers requiring more room or a dedicated home office setup.
The property is noted as having no views, which may limit its competitive appeal compared to other units in Rancho Santa Margarita that offer mountain or park vistas.
Lovely ground level condo with wood flooring throughout. Owner has remodeled this lovely condo including new interior paint and kitchen cabinet doors. As you enter the front yard portion you are impressed by the number of plants and trees that are thriving in the court yard all large boxes that can be easily moved around with a hand truck, thereby giving the new owner many options regarding which plants and where to locate them. All of the fencing has been replaced with newer vinyl style white fencing giving the courtyard a clean look. The garage is just a few steps from the front door and it has some shelves that the owner has built in for storage as well as the standard garage door opener. The owner has replaced all of the interior flooring with wood planks and it looks great. The kitchen has all newer appliances and they will all be included in the sale. This will make a great deal for a first time buyer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 17% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 642 | 1,027 | 9% |
| Lot Size | 31,081 | 25,194 | 62% |
| Price | $475.0K | $685.0K | 14% |
| Price per sq ft | $740 | $653 | 84% |
| Built year | 1987 | 1990 | 22% |
| HOA | $478.0 | $430 | 61% |
| Days on market | 54 | 144 | 7% |
Apr 13, 2026
$475,000
Initial Listing
Apr 21, 1999
$90,000
Public Record