23298 Orange Ave Unit#4, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath
23298 Orange Ave Unit#4
Lake Forest, California 92630
Property Price
SUMMARY
Analysis of 23298 Orange Ave Unit#4, Lake Forest, California 92630 is currently available with a list price of $375,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is in move-in ready, turnkey condition. Although built in 1980, it has been significantly updated with granite countertops, newer kitchen appliances (refrigerator, range, dishwasher), and modern flooring. The interior features high ceilings and a clean, contemporary aesthetic, indicating well-maintained systems and minimal wear and tear.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Upgrades
The unit is move-in ready with modern granite countertops and newer appliances, including the added value of an in-unit washer and dryer.
- Prime Location
Ideally situated for commuters with quick access to both the 5 and 405 freeways and proximity to a variety of shopping centers and restaurants.
- Spacious Interior Design
High ceilings and an open floor plan, complemented by a private balcony, create a bright and airy living environment that maximizes the unit's footprint.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $637 is relatively high for a one-bedroom condo, which may impact monthly affordability and the buyer's debt-to-income ratio.
- Limited Living Space
At 685 square feet, the property offers a compact living area that provides little flexibility for those needing a home office or additional storage.
About 23298 Orange Ave Unit#4
Welcome to 23298 Orange Ave Unit#4. This turnkey, upgraded, well-situated condo offers exceptional convenience and lifestyle appeal. This condo offers a bright an open floor plan with high ceilings and a balcony off the living room. The kitchen features granite countertops with newer appliances including refrigerator, electric range, and dishwasher. Enjoy the convenience of the in-unit laundry closet with newer washer and dryers units included. Community amenities include swimming pools and clubhouse for entertaining family and guests. The home’s prime location is just minutes from a variety of shopping centers, popular restaurants, cafés, and everyday essentials and provides quick and easy access to both the 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 | $375.0K | $610.0K | 7% |
| Price per sq ft | $547 | $603 | 21% |
| Built year | 1980 | 1983 | 30% |
| HOA | $637.0 | $475 | 90% |
| Days on market | 23 | 176 | 1% |
Pricing History
Listed for Sale
Feb 12, 2026
$375,000
Initial Listing
Sold
Mar 31, 2023
$375,000
Public Record
Sold
Oct 23, 2009
$127,000
Public Record
Sold
Jan 23, 2006
$250,000
Public Record
Sold
May 12, 1995
$56,000
Public Record
Sold
Aug 19, 1994
$42,000
Public Record