23232 Orange Av, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath
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Lake Forest, California 92630
This Renovated Upper-Level Condo is a Strong Value Opportunity, listed at $399,000—positioned well below the $426,396 Fair Market Value by 6%. This valuation gap offers $27,396 in Instant Equity. Boasting a Condition Rating of 2, the home features a $75,000 renovation and brand-new 2025 appliances. Situated in the Saddleback Valley Unified district near Mission Viejo High, it offers a City Lights View and resort-style pool access. This is a premier choice for Owner-Occupants or first-time buyers seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23232 Orange Av Subject | $399,000* List Price | 1 | 1 | 800 | $540 | - |
A 23294 Orange Avenue 6 Sold | $375,000 | 1 | 1 | 685 | $547 | 0.0 mi |
B 23230 Orange Avenue 2 Sold | $330,000 | 1 | 1 | 685 | $482 | 0.0 mi |
C 22722 Malaga Sold | $505,000 | 2 | 1 | 873 | $578 | 0.7 mi |
D 23224 Orange Avenue 5 Active | $375,000 List Price | 1 | 1 | 724 | $518 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property underwent an extensive $75,000 renovation in 2022 and features brand-new 2025 appliances, including the range, dishwasher, and refrigerator. With new flooring, updated countertops, a modernized bathroom, and fresh interior paint, the home is in like-new condition with no deferred maintenance.
The property boasts over $75,000 in renovations from 2022 and a full suite of brand-new 2025 appliances, offering a truly move-in-ready experience for the buyer.
Perfectly positioned near the 5 Freeway, Lake Forest Golf Course, and major shopping hubs, providing residents with exceptional convenience and accessibility.
The absence of Mello-Roos taxes combined with an HOA fee that covers water, sewer, and trash services enhances the overall affordability and value proposition.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 800, other record living area = 947. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
Built in 1960, the building's overall infrastructure and common areas may lack the modern energy efficiencies and architectural standards of newer developments.
The use of wall-mounted air conditioning units instead of a central climate control system may be less efficient and less appealing to modern buyers seeking uniform cooling.
Charming Upper-Level Condo in Prime Aliso Creek Village Location Welcome to this beautifully maintained upper-level condo in the highly sought-after Aliso Creek Villas community. Perfectly situated near top-rated schools, premier shopping, dining, entertainment, and with easy access to major freeways, this home offers both convenience and comfort. Step inside to discover a spacious kitchen and generous dining area, both featuring low-maintenance flooring, ideal for everyday living and entertaining. The property is centrally located near popular shopping centers, Lake Forest Golf Course, and the 5 Freeway, making it a prime choice for modern living. Recent Upgrades (2022-2025): • 2025: Brand-new dishwasher, refrigerator, washer, dryer, Microwave ,standing electric Range, wall Air conditions and garbage disposal. • 2022: Extensive remodeling with $75,000 invested in new countertops, updated bathroom, and new flooring throughout. Additional Benefits: • Association dues cover water, sewer, trash, and landscaping maintenance. • No Mello-Roos tax. This is a fantastic opportunity to own a move-in-ready home at an excellent price in a vibrant community. Don’t miss out!
No exterior & parking available.
Grades 7-8 • 0.5 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 24% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 800 | 1,075 | 21% |
| Lot Size | - | 167,937 | 27% |
| Price | $399.0K | $599.9K | 9% |
| Price per sq ft | $499 | $603 | 11% |
| Built year | 1960 | 1983 | 1% |
| HOA | $450.0 | $475 | 44% |
| Days on market | 53 | 130 | 8% |
May 17, 2026
$399,000
$389,000
+3% Price Increase
Initial Listing
Apr 24, 2026
$389,000
$399,000
-3% Price Drop
Initial Listing
Apr 14, 2026
$399,000
Initial Listing
Aug 31, 1995
$66,000
Public Record