23216 Orange Avenue 6, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath
23216 Orange Avenue 6
Lake Forest, California 92630
Property Price
SUMMARY
Analysis of 23216 Orange Avenue 6, Lake Forest, California 92630 is currently available with a list price of $420,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1980, this condominium shows its age in key areas. While the property benefits from updated laminate wood-look flooring and an efficient mini-split HVAC system, the kitchen and bathroom feature significantly outdated wood-grain laminate cabinets, basic white appliances, and older-style light fixtures. These areas are functional and appear well-maintained, but their style and finishes are clearly from an older era and would require minor to moderate updates to meet current aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Assumable Mortgage Rate
A significant financial advantage with a 3% assumable mortgage rate, offering substantial savings in the current market.
- Prime Location & Accessibility
Offers easy access to major freeways (405, 5), public transportation, and a wide array of shopping centers, enhancing convenience for residents.
- Modern & Efficient Climate Control
Equipped with an energy-saving, quiet mini-split system for year-round heating and cooling, providing comfortable and efficient climate control.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fee
The $637.0 association fee is substantial for a one-bedroom condominium, significantly impacting monthly housing costs.
- Compact Square Footage
At 685 sqft, the living space is relatively small for a condominium, which may be a limiting factor for some prospective buyers.
- Condominium Restrictions & Lack of View
As a condominium, it entails shared walls and potential HOA rules that could limit personal modifications or lifestyle choices, and the property explicitly states 'None' for views.
About 23216 Orange Avenue 6
Welcome to this inviting one bedroom condominium nestled in the heart of Lake Forest, Orange County. Located in a highly sought-after community, this home offers the perfect blend of convenience and comfort. Enjoy easy access to the 405 and 5 freeways, public transportation, and a wide array of shopping centers-all just minutes away. whether you're commuting or exploring, everything you need is right around the corner. Community amenities include a sparkling pool and a welcoming Clubhouse-ideal for relaxing weekends or entertaining guests. *****"3% assumable rate available!"***** * Dedicated washer and dryer area-convenient and private for everyday living. * Spacious working closet, perfect for organizing clothes or creating a mini dressing room. * Soaring high ceilings that bring in natural light and add an airy open feel. * Private balcony-ideal for morning coffee, relaxing evenings, or a touch or greenery. * Efficient mini split system, provides not and cold air settings, energy -saving climate control for cozy winter and cool summers, without the bulky HVAC units, system blends seamlessly into your space and offers whisper-quite performance.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 870,887 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $637.0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Los Alisos Intermediate School
Grades 7-8 • 0.5 mi
Mission Viejo High School
Grades 9-12 • 2.0 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 | 685 | 1,022 | 10% |
| Lot Size | 870,887 | 190,810 | 96% |
| Price | $420.0K | $610.0K | 8% |
| Price per sq ft | $613 | $608 | 54% |
| Built year | 1980 | 1983 | 30% |
| HOA | $637.0 | $475 | 90% |
| Days on market | 218 | 177 | 68% |
Pricing History
Listed for Sale
Oct 12, 2025
$420,000
$430,000
-2% Price Drop
Initial Listing
Price Change
Aug 1, 2025
$430,000
Initial Listing