
Valencia, California 91355
This property presents a High-Potential Investment Opportunity with a List Price of $260,000—positioned well below the $266,180 Fair Market Value by 2%. This valuation gap offers $6,180 in Instant Equity. Featuring a Fair Condition Rating (5/10), the unit requires a full interior rehab, making it a prime candidate for value-add strategies. Located near top-rated schools like William S. Hart High, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking an entry-level project in Valencia.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23515 Lyons Avenue 174 Subject | $260,000* List Price | 1 | 1 | 675 | $394 | - |
A 23515 Lyons Avenue 240 Active | $305,000 List Price | 1 | 1 | 675 | $452 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1969 with no evidence of significant renovations in over 30 years. The kitchen features highly dated cabinetry, worn linoleum flooring, and aged appliances. As a probate sale, the property shows clear signs of deferred maintenance and requires a full interior rehab to meet modern standards.
Priced at $260,000, this property offers a rare entry-level opportunity to own in the desirable Valencia market, making it highly attractive to first-time buyers and investors.
The unit is ideally situated on the lower level within the complex, offering peaceful greenbelt views and close proximity to the community pool.
As a probate listing that does not require court confirmation, the transaction offers a more streamlined and predictable closing process than typical probate sales.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =423726, other record lot size in square feet = 423588.
The monthly HOA fee of $675 is significantly high relative to the purchase price and unit size, which may impact overall monthly affordability for some buyers.
Built in 1969, the condo and its infrastructure may require modernization or face higher maintenance needs compared to newer developments in the area.
Wow, check this out! Own a 1 bedroom condo in Valencia for $260,000! That’s crazy! This lower level condo is located on the inside of the complex close to the pool and overlooking a serene greenbelt. This Probate listing does not require court confirmation.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.4 |
| Baths | 1.0 | 2.3 |
| Square foot | 675 | 1,558.282 |
| Lot Size | 423,726 | 146,499.423 |
| Price | $260.0K | $591.4K |
| Price per sq ft | $385 | $435 |
| Built year | 1969 | 2011 |
| HOA | $675.0 | $396 |
| Days on market | 46 | 77 |
Jul 25, 2026
$260,000
Initial Listing
Aug 30, 2006
$50,000
Public Record
Jul 20, 2004
$190,000
Public Record
Apr 28, 2000
$63,000
Public Record