23220 Orange 2, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath
ACTIVE$365,000
23220 Orange 2, Lake Forest, California 92630
1Bed
1Bath
685Sqft
1,500Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Recent Updates: The condo features significant recent updates including new window treatments, paint, flooring, baseboards, kitchen appliances, electrical panel, switches, outlets, light fixtures, and a ceiling fan, minimizing immediate buyer expenses.
Top Cons:
High Association Fees: The association fee of $637.00 per month is relatively high for a 1-bedroom, 685 sqft condo, which could impact affordability and long-term ownership costs.
Compared to the nearby listings
Price:$365.0K vs avg $610.0K ($-245,000)1%
Size:685 sqft vs avg 1,000 sqft4%
Price/sqft:$533 vs avg $60215%
More Insights
Built in 1980 (45 years old).
Condition: Built in 1980, this property has undergone significant recent cosmetic and functional updates, including new flooring, fresh paint, new kitchen appliances, a new electrical panel, updated light fixtures, and refreshed kitchen and bathroom plumbing fixtures. While the kitchen cabinets and bathroom vanity retain a dated style, the extensive recent updates make the property move-in ready with no immediate renovations required. Major systems are functional and updated, aligning with the 'Good' condition criteria.
Year Built
1980
Close
-
List price
$365K
Original List price
$375K
Price/Sqft
$533
HOA
$637
Days on market
-
Sold On
-
MLS number
OC25237820
Home ConditionGood
Features
Deck
ViewNeighborhood
About this home
Bright and airy upper-level condo in the Aliso Creek Villas community. This home features cathedral ceilings, a private balcony, walk-in closet, and inside laundry. Recent updates include new window treatments, fresh paint, new flooring, baseboards, kitchen appliances, new electrical panel, electrical switches, outlets, light fixtures, and ceiling fan. The kitchen and bath have been refreshed with new faucets, garbage disposal, water valves, and a new toilet, ensuring comfort and reliability throughout. The community offers a great combination of amenities including one carport, three swimming pools, paid water, trash, and basic fire insurance. Conveniently located near shopping, restaurants, schools, and easy access to the 5 freeway, this home is perfect for first-time buyers or investors seeking a great opportunity in a central Lake Forest location.
Nearby schools
5/10
Los Alisos Intermediate School
Public,•7-8•0.5mi
7/10
Mission Viejo High School
Public,•9-12•2.0mi
Condition Rating
Good
Built in 1980, this property has undergone significant recent cosmetic and functional updates, including new flooring, fresh paint, new kitchen appliances, a new electrical panel, updated light fixtures, and refreshed kitchen and bathroom plumbing fixtures. While the kitchen cabinets and bathroom vanity retain a dated style, the extensive recent updates make the property move-in ready with no immediate renovations required. Major systems are functional and updated, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Extensive Recent Updates: The condo features significant recent updates including new window treatments, paint, flooring, baseboards, kitchen appliances, electrical panel, switches, outlets, light fixtures, and a ceiling fan, minimizing immediate buyer expenses.
Refreshed Kitchen & Bath: Key areas like the kitchen and bathroom have been refreshed with new faucets, garbage disposal, water valves, and a new toilet, enhancing comfort and reliability.
Desirable Community Amenities & HOA Inclusions: The Aliso Creek Villas community offers three swimming pools, and HOA fees cover water, trash, and basic fire insurance, providing added value and convenience.
Prime & Convenient Location: Strategically located near shopping, restaurants, schools, and with easy access to the 5 freeway, offering excellent convenience for daily living and commuting.
Attractive Interior Features: The unit boasts appealing interior features such as cathedral ceilings, a private balcony, walk-in closet, and inside laundry, contributing to a bright and functional living space.
Cons
High Association Fees: The association fee of $637.00 per month is relatively high for a 1-bedroom, 685 sqft condo, which could impact affordability and long-term ownership costs.
Compact Living Space: With only 685 square feet and 1 bedroom/1 bathroom, the unit offers limited living space, which may not suit buyers needing more room or those planning for future expansion.
Older Building Construction: Built in 1980, the property is over 40 years old. While recently updated, the underlying infrastructure of an older building can sometimes lead to higher maintenance or special assessment risks in the future.