21175 Tangerine, Mission Viejo, California 92691, Mission Viejo, 92691 - 2 bed, 2 bath
Loading property details...
Mission Viejo, California 92691
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $715,562 Fair Market Value by 2%. This valuation gap offers $16,562 in Instant Equity. Featuring a Fair Condition Rating, the unit includes a private one-car garage, inside laundry, and access to Rainbow Ridge community amenities. Located in the Saddleback Valley Unified district near Trabuco Hills High School, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21175 Tangerine Subject | $699,000* List Price | 2 | 2 | 1,206 | $593 | - |
A 27873 Auburn 99 Sold | $636,000 | 2 | 2 | 942 | $675 | 0.1 mi |
B 27973 Ivory 259 Sold | $540,000 | 2 | 1 | 942 | $573 | 0.1 mi |
C 27897 Cinnamon Active | $589,000 List Price | 2 | 1 | 800 | $736 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1986 (40 years old). The listing description lacks mention of recent major renovations to the kitchen, bathrooms, or HVAC systems. Given the age exceeds 20 years without documented modern updates, it is classified as Fair, likely featuring dated finishes and original systems nearing the end of their lifespan.
The property is ideally situated within walking distance to Lake Mission Viejo, local trails, and shopping, offering exceptional convenience and recreational opportunities.
Located within the Saddleback Valley Unified district, the home serves high-performing schools like Trabuco Hills High (Rating 8), which enhances long-term property value.
With 1,206 square feet of living space, the unit includes highly sought-after features such as an inside laundry area, a cozy fireplace, and a private one-car garage.
The listing indicates no specific views, which may be a drawback for buyers seeking the scenic vistas or city lights often associated with the Mission Viejo landscape.
The monthly association fee of $465 represents a significant ongoing carrying cost that may impact the overall affordability for some prospective owners.
Location, Spacious Beautiful and Bright 2 Bedrooms, living Room with Fireplace, inside laundry for stackable washer and dryer, One Car Garage, Pool and Spa at Rainbow Ridge Community, Walking Distance to Mission Viejo Lake ,easy access to trails, shopping and Freeway
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 4.2 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,206 | 1,369 |
| Lot Size | 120,660 | 70,876 |
| Price | $699.0K | $736.2K |
| Price per sq ft | $580 | $608 |
| Built year | 1986 | 1983 |
| HOA | $465.0 | $444 |
| Days on market | 22 | 55 |
Jun 30, 2026
$699,000
Initial Listing
May 8, 2019
$427,500
Public Record
Apr 2, 2015
$350,000
Public Record
Apr 21, 2003
$272,000
Public Record