23288 Orange Avenue 5, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath
ACTIVE$389,000
23288 Orange Avenue 5, Lake Forest, California 92630
1Bed
1Bath
685Sqft
870,887Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Updated Interior Features: The condo boasts updated vinyl flooring, providing a modern and low-maintenance aesthetic throughout the living space.
Top Cons:
High Association Fee: The association fee of $546.00 per month is relatively high for a 1-bedroom unit, significantly impacting the overall monthly cost of ownership.
Compared to the nearby listings
Price:$389.0K vs avg $610.0K ($-221,000)4%
Size:685 sqft vs avg 1,000 sqft4%
Price/sqft:$568 vs avg $60229%
More Insights
Built in 1980 (45 years old).
Condition: The property was built in 1980, making it 44 years old. While the description mentions 'updated vinyl flooring,' the kitchen features dated light wood cabinets, older black appliances, laminate countertops, and ceramic tile flooring, suggesting it has not been extensively renovated recently. The popcorn ceiling in the bedroom further indicates an older aesthetic. The home is functional and appears maintained, but the kitchen and likely the bathroom would require significant updates to meet current standards, aligning with the 'Fair' criteria of being aged but maintained with major components showing signs of being outdated.
Year Built
1980
Close
-
List price
$389K
Original List price
$400K
Price/Sqft
$568
HOA
$546
Days on market
-
Sold On
-
MLS number
OC25126237
Home ConditionFair
Features
Patio
View-
About this home
Look no further than this charming 1 bed, 1 bath condo in the Aliso Creek Villas of Lake Forest. This home features updated vinyl flooring, an open living area, and a private patio. The spacious Primary bedroom offers an en-suite and walk-in closet. Enjoy access to three community pools and a playground. This property is centrally located and close to nearby shopping centers, the Lake Forest Golf Course, and the 5 Freeway. This is a great opportunity to own a home at a great price!
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
The property was built in 1980, making it 44 years old. While the description mentions 'updated vinyl flooring,' the kitchen features dated light wood cabinets, older black appliances, laminate countertops, and ceramic tile flooring, suggesting it has not been extensively renovated recently. The popcorn ceiling in the bedroom further indicates an older aesthetic. The home is functional and appears maintained, but the kitchen and likely the bathroom would require significant updates to meet current standards, aligning with the 'Fair' criteria of being aged but maintained with major components showing signs of being outdated.
Pros & Cons
Pros
Updated Interior Features: The condo boasts updated vinyl flooring, providing a modern and low-maintenance aesthetic throughout the living space.
Excellent Community Amenities: Residents enjoy access to three community pools and a playground, offering significant recreational value and lifestyle benefits.
Prime Central Location: The property is centrally located with convenient access to shopping centers, the Lake Forest Golf Course, and the 5 Freeway, enhancing daily convenience and connectivity.
Functional Layout & Storage: An open living area combined with a spacious Primary bedroom featuring an en-suite bathroom and a walk-in closet maximizes livability and storage efficiency.
Private Outdoor Space: The inclusion of a private patio offers a dedicated outdoor area for relaxation and personal enjoyment, a desirable feature for condo living.
Cons
High Association Fee: The association fee of $546.00 per month is relatively high for a 1-bedroom unit, significantly impacting the overall monthly cost of ownership.
Building Age: Built in 1980, the property is over 40 years old, which may imply older infrastructure or systems that could require future maintenance or upgrades not explicitly mentioned as updated.
Limited Size and Configuration: As a 1-bedroom, 1-bathroom unit with 685 sqft, its smaller size and configuration may limit its appeal to a broader market, primarily targeting singles or couples.