23232 Orange #1, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath
23232 Orange #1
Lake Forest, California 92630
Property Price
SUMMARY
Analysis of 23232 Orange #1, Lake Forest, California 92630 is currently available with a list price of $355,000. 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Built in 1980, this condo is well-maintained but shows clear signs of age with an outdated kitchen featuring older white appliances and basic cabinetry. While the unit appears move-in ready and functional, the interior finishes, including the flooring and bathroom style, lack recent modern renovations and reflect the property's original era, meeting the criteria for a fair condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Ground Floor Accessibility
As a ground-level unit, this condo offers easy access without the need for stairs, making it an ideal choice for individuals with mobility concerns or those seeking convenient entry and exit.
- Prime Commuter Location
Strategically located near the I-5 and I-405 freeway interchange, the property provides residents with exceptional regional connectivity and efficient travel times throughout Orange County.
- Community Amenities
The Aliso Creek Villas community offers desirable recreational features, including a swimming pool and play areas, which enhance the lifestyle appeal for residents and potential tenants.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $637 is relatively high for a one-bedroom unit of this size, which significantly increases the monthly carrying costs and may impact overall affordability.
- Limited Living Space
With only 685 square feet of living area, the compact footprint may feel restrictive for buyers requiring extra storage or a dedicated home office space.
About 23232 Orange #1
ground floor 1 bedroom and 1 bath condo in great area of lake forest. nice community amenities, pool and play areas. close to 5 and 405 freeways.
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 | $355.0K | $610.0K | 6% |
| Price per sq ft | $518 | $603 | 15% |
| Built year | 1980 | 1983 | 30% |
| HOA | $637.0 | $475 | 90% |
| Days on market | 5 | 176 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$355,000
Initial Listing
Sold
Sep 14, 2011
$108,000
Public Record
Sold
Sep 27, 2005
$278,000
Public Record