23336 La Mar A178, Mission Viejo, California 92691, Mission Viejo, 92691 - 1 bed, 1 bath
Loading property details...
Mission Viejo, California 92691
This Value-Add Studio Condominium offers a strategic entry point into the Mission Viejo market with a List Price of $385,000. Though positioned above the $338,839 Fair Market Value, the unit’s Condition Rating of 4 presents a clear path for forced appreciation through cosmetic updates to its original 1985 finishes. Key functional assets include a private one-car garage, in-unit laundry, and a neighborhood view. Residents benefit from the Saddleback Valley Unified School District and full Lake Mission Viejo membership. This is an ideal project for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23336 La Mar A178 Subject | $373,000* List Price | 1 | 1 | 400 | $838 | - |
A 26205 La Real E Sold | $375,000 | 1 | 1 | 473 | $793 | 0.1 mi |
B 26191 La Real # A Active | $417,000 List Price | 1 | 1 | 473 | $882 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in mostly original 1985 condition and requires modernization. While functional and well-maintained, the kitchen features dated oak cabinetry, laminate countertops, and older white appliances. The bathroom and flooring also reflect the original build era, and the listing description explicitly notes the potential for a buyer to modernize the space.
Residents enjoy full Lake Mission Viejo membership privileges, including access to boating, fishing, swimming, and seasonal concerts, plus on-site pools and a clubhouse.
The property features a rare one-car garage located directly below the unit and includes an in-unit washer and dryer, providing significant convenience for a studio layout.
The unit offers an efficient layout with a breakfast bar and double mirrored closets, maximizing the utility and storage potential of the living space.
At only 400 square feet, the compact studio footprint may be restrictive for buyers seeking a traditional bedroom or more expansive living areas.
The property is noted for its potential to be modernized, suggesting that the original 1985 finishes may require additional investment to meet contemporary aesthetic standards.
Welcome to this charming open floor plan studio unit in the lovely Las Palmas Community in Mission Viejo. Lots of potential to modernize and make this your own personalized cozy retreat. This unit features a kitchen with breakfast bar, washer and dryer unit, refrigerator, dishwasher, electric stove and microwave. Double Mirrored closets provide ample storage space. Full Bath includes a shower in tub. A one car garage is located directly below the unit. The Las Palmas community offers 2 pools, spa and clubhouse. Lake Mission Viejo membership is included, membership includes lots of amenities, fishing, boating, swimming, paddleboarding, park and picnic areas and playground for the kids. Several concerts and activities are held at the Lake throughout the year
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 9% |
| Baths | 1.0 | 2.0 | 28% |
| Square foot | 400 | 980.5 | 2% |
| Lot Size | - | 75,285 | 26% |
| Price | $373.0K | $592.0K | 2% |
| Price per sq ft | $932 | $622 | 98% |
| Built year | 1985 | 1984 | 59% |
| HOA | $475.0 | $483 | 37% |
| Days on market | 92 | 171 | 26% |
Apr 1, 2026
$373,000
$385,000
-3% Price Drop
Initial Listing
Feb 27, 2026
$385,000
$395,000
-3% Price Drop
Initial Listing
Jan 20, 2026
$395,000
Initial Listing