23222 Orange Avenue 4, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 2 bath

23222 Orange Avenue 4, Lake Forest, California 92630 home-pic-0
ACTIVE$470,000
23222 Orange Avenue 4, Lake Forest, California 92630
2Beds
2Baths
895Sqft
870,887Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Recent Upgrades: The unit boasts numerous recent upgrades including a remodeled kitchen with quartz countertops, new flooring (laminate and carpet), fresh paint, and a brand new high-efficiency electric furnace, offering a move-in ready experience.
Top Cons:
High Association Fee: The monthly association fee of $546.0 is relatively high for an 895 sqft unit, which could impact overall affordability and monthly housing costs.

Compared to the nearby listings

Price:$470.0K vs avg $610.0K ($-140,000)16%
Size:895 sqft vs avg 1,000 sqft25%
Price/sqft:$525 vs avg $60212%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, this unit has undergone extensive and very recent renovations, qualifying it as 'excellent'. The kitchen features modern white shaker cabinets, quartz countertops, and new white appliances. Both bathrooms are fully updated, with the master boasting a brand new walk-in shower with custom tiles and modern fixtures. New laminate flooring and brand new carpets are installed throughout, and the unit has been freshly painted. A brand new high-efficiency electric furnace is also a significant upgrade. All components appear new or virtually new, meeting current quality standards.
Year Built
1980
Close
-
List price
$470K
Original List price
$549K
Price/Sqft
$525
HOA
$546
Days on market
-
Sold On
-
MLS number
PW25071499
Home ConditionExcellent
Features
Good View: Pool
Deck
Pool
ViewPool

About this home

Newly upgraded unit. Prime location in the city of Lake forest, near shopping center and the 5 freeway. This property offers 2 bedrooms and 2 full baths, the master has an ensuite, brand new walk in shower with custom luxury tiles and walk in closet. The unit has been freshly painted, central heating with a brand new high efficiency electric furnace, brand new carpet in the bedrooms, complete with laminated floors in living, kitchen and dining areas. The kitchen has been remodeled with custom paint, quartz countertops, breakfast bar and a modern sink. This unit has a washer and dryer closet on the balcony allowing for quiet and privacy. The unit is located just steps away from the pool which you can view from the spacious balcony. Ample storage space throughout. A must see!

Nearby schools

5/10
Los Alisos Intermediate School
Public,7-80.5mi
7/10
Mission Viejo High School
Public,9-122.0mi
Condition Rating
Excellent

Despite being built in 1980, this unit has undergone extensive and very recent renovations, qualifying it as 'excellent'. The kitchen features modern white shaker cabinets, quartz countertops, and new white appliances. Both bathrooms are fully updated, with the master boasting a brand new walk-in shower with custom tiles and modern fixtures. New laminate flooring and brand new carpets are installed throughout, and the unit has been freshly painted. A brand new high-efficiency electric furnace is also a significant upgrade. All components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Extensive Recent Upgrades: The unit boasts numerous recent upgrades including a remodeled kitchen with quartz countertops, new flooring (laminate and carpet), fresh paint, and a brand new high-efficiency electric furnace, offering a move-in ready experience.
Prime Location & Accessibility: Strategically located in Lake Forest, the property offers excellent access to shopping centers and the 5 freeway, enhancing convenience for daily errands and commuting.
Master Suite Amenities: The master bedroom features a desirable ensuite bathroom with a brand new walk-in shower and custom luxury tiles, complemented by a spacious walk-in closet.
Pool View & Proximity: Enjoy direct views of the community pool from the spacious balcony, with the pool located just steps away, providing easy access to a key amenity.
Convenient In-Unit Laundry: The inclusion of a washer and dryer closet on the balcony offers practical in-unit laundry facilities, designed for quiet operation and privacy.

Cons

High Association Fee: The monthly association fee of $546.0 is relatively high for an 895 sqft unit, which could impact overall affordability and monthly housing costs.
No Mention of Cooling System: While central heating is specified, there is no mention of a cooling system (air conditioning), which could be a significant drawback during warmer months in California.
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $549,000 to $470,000, potentially indicating market resistance or an initial overvaluation.

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