20702 N El Toro, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath
20702 N El Toro
Lake Forest, California 92630
Property Price
SUMMARY
Analysis of 20702 N El Toro, Lake Forest, California 92630 is currently available with a list price of $389,900. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Lake Forest Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property is sold in 'as-is' condition specifically requiring the completion of an unfinished kitchen remodel. While the unit features some updated flooring, the lack of a functional kitchen constitutes a need for substantial rehabilitation. Built in 1983, the home cannot be considered move-in ready or in fair condition until major interior components are restored to a functional state.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Community Amenities
Located in the scenic Pheasant Creek community, residents enjoy a bucolic setting featuring streams, ponds, pools, a jacuzzi, and tennis courts, offering a high-quality lifestyle.
- Convenient Ground-Floor Accessibility
This ground-floor unit provides easy access with a private garage located just steps from the front door and includes a private laundry closet on the patio for added convenience.
- Prime Location and Education
The property is ideally situated near the Irvine Spectrum and local hiking trails, and it is zoned for top-rated schools, including Trabuco Hills High School.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 610, other record living area = 560.
- Unfinished Kitchen Remodel
The property is being sold in 'as-is' condition and requires the new owner to complete an unfinished kitchen remodel, necessitating immediate post-close investment and labor.
- Compact Living Space
With only 610 square feet of living area, the unit is relatively small, which may limit its appeal to buyers seeking more spacious accommodations or additional storage.
About 20702 N El Toro
Ground Floor Unit # 305. Featuring 1 bedroom, 1 bathroom, open galley kitchen and a spacious outdoor patio. This beautiful home is located within the bucolic Pheasant Creek community. Enjoy scenic resort style scenery including streams, ponds, and mature trees, pool, jacuzzi, baseball and tennis courts. Featuring a convenient private garage steps from your front door. Your own private laundry closet on the patio with extra storage space. The HOA covers water, trash, and exterior maintenance, ensuring easy living without exterior maintenance. Located near top-rated schools, shopping centers, parks, Irvine Spectrum, and local hiking trails. This home is being sold below market in "as is" condition that will require the new owner to complete the kitchen remodel All information in this listing to be independently verified by the buyer and/or their agent.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- 257,265 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $484.45 / Month
Neighborhood Insights
Lake Forest Unified Schools
Montevideo Elementary School
Grades K-6 • 3.4 mi
La Paz Intermediate School
Grades 7-8 • 4.5 mi
Trabuco Hills High School
Grades 9-12 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 21% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 610 | 1,022 | 3% |
| Lot Size | 257,265 | 190,810 | 73% |
| Price | $389.9K | $610.0K | 8% |
| Price per sq ft | $639 | $608 | 65% |
| Built year | 1983 | 1983 | 50% |
| HOA | $484.45 | $475 | 61% |
| Days on market | 6 | 176 | 1% |
Pricing History
Listed for Sale
Mar 1, 2026
$389,900
Initial Listing
Sold
Dec 21, 2012
$132,000
Public Record
Sold
Sep 27, 2005
$272,000
Public Record
Sold
Jul 5, 2001
$119,000
Public Record