23240 Orange Avenue 8, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 2 bath
ACTIVE$499,900
23240 Orange Avenue 8, Lake Forest, California 92630
2Beds
2Baths
947Sqft
870,887Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: The condo boasts a highly desirable location, offering convenient access to a variety of shops, restaurants, schools, and the popular Irvine Spectrum.
Top Cons:
Property Age: Built in 1980, the property is over 40 years old, which may indicate original systems or finishes that could require future updates or maintenance.
Compared to the nearby listings
Price:$499.9K vs avg $610.0K ($-110,100)21%
Size:947 sqft vs avg 1,000 sqft37%
Price/sqft:$528 vs avg $60213%
More Insights
Built in 1980 (45 years old).
Condition: Built in 1980, this condo shows its age with largely original or very dated features in the kitchen and bathrooms. The kitchen has white flat-panel cabinets, white laminate countertops, white appliances, and fluorescent lighting, all indicative of an older style. Bathrooms feature basic white vanities with integrated sinks and tub/shower combos, along with square tile flooring. While the property appears clean and maintained, and major systems are functional, it requires significant cosmetic updates to meet current aesthetic standards. The wood panel ceiling in the living room and older carpeting also contribute to the dated feel. It is move-in ready but would benefit from substantial renovation to modernize.
Year Built
1980
Close
-
List price
$500K
Original List price
$525K
Price/Sqft
$528
HOA
$637
Days on market
-
Sold On
-
MLS number
PW25158125
Home ConditionFair
Features
Deck
View-
About this home
Upper Level 2 Bedrooms, 2 Bathrooms Condo. High ceiling in living room. Eat in Kitchen. Laundry in closet on balcony. Association pool and clubhouse. 1 Carport and 1 additional parking permit. Close to shops, restaurants and schools. Close to the Irvine Spectrum.
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
Fair
Built in 1980, this condo shows its age with largely original or very dated features in the kitchen and bathrooms. The kitchen has white flat-panel cabinets, white laminate countertops, white appliances, and fluorescent lighting, all indicative of an older style. Bathrooms feature basic white vanities with integrated sinks and tub/shower combos, along with square tile flooring. While the property appears clean and maintained, and major systems are functional, it requires significant cosmetic updates to meet current aesthetic standards. The wood panel ceiling in the living room and older carpeting also contribute to the dated feel. It is move-in ready but would benefit from substantial renovation to modernize.
Pros & Cons
Pros
Prime Location: The condo boasts a highly desirable location, offering convenient access to a variety of shops, restaurants, schools, and the popular Irvine Spectrum.
Community Amenities: Residents benefit from access to association amenities including a pool and clubhouse, enhancing lifestyle and recreational opportunities.
Functional Layout & Features: This upper-level unit features a practical 2-bedroom, 2-bathroom configuration with high ceilings in the living room, providing a spacious feel.
Dedicated Parking: The property includes a dedicated carport and an additional parking permit, offering ample and convenient parking solutions.
In-Unit Laundry: The convenience of in-unit laundry, located in a closet on the balcony, adds significant value and practicality for residents.
Cons
Property Age: Built in 1980, the property is over 40 years old, which may indicate original systems or finishes that could require future updates or maintenance.
High Association Fees: The monthly association fee of $637 is substantial and represents a significant ongoing cost of ownership, impacting affordability.
Lack of Views: The property explicitly states 'view: None,' which could be a disadvantage for buyers prioritizing scenic outlooks or natural light.