23515 Lyons Avenue 228, Valencia, California 91355, Valencia, 91355 - 2 bed, 2 bath
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Valencia, California 91355
This Value-Add Valencia Condo is a Strong Value Opportunity, listed at $354,999—matching its $354,999 Fair Market Value. Holding a Condition Rating of 4, the interior features original 1969 finishes, offering significant potential for forced appreciation through modernization. The unit boasts a private balcony with serene Park and Greenbelt Views and provides access to Top-Rated Schools including William S. Hart High. This entry-level asset is perfectly positioned for Buy-and-Hold Investors or Owner-Occupants looking to build equity in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23515 Lyons Avenue 228 Subject | $354,999* List Price | 2 | 2 | 987 | $360 | - |
A 23515 Lyons 225 Sold | $380,000 | 2 | 2 | 987 | $385 | - |
B 23515 Lyons 178 Active | $375,000 List Price | 2 | 2 | 987 | $380 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, the property is well-maintained and functional but clearly outdated. The kitchen features older white appliances and basic cabinetry, while the bathrooms and carpeted flooring reflect styles from several decades ago. It is move-in ready but requires cosmetic updates and modernization to meet current market standards.
Situated in the heart of Valencia, the property is within walking distance to top-rated schools like Hart High and offers quick access to the 5 freeway and local amenities.
With a significant price reduction from the original listing, this unit is aggressively priced for a quick sale, offering an excellent entry point into the Valencia market.
The second-floor unit features a private balcony with serene views of the adjacent public park and greenbelt, providing a peaceful outdoor retreat.
The monthly association fee of nearly $600 is relatively high for this price bracket, which may affect the debt-to-income ratio for potential buyers.
Built in 1969, the building and unit may require updates to meet modern aesthetic standards or potential plumbing and electrical upgrades common in older developments.
Welcome to the Old Orchard Condos! This second-floor unit features 2 bedrooms, 2 bathrooms, a large family room, a balcony, and a view of the nearby public park. Ideally situated close to top-rated schools, entertainment, fine dining, retail stores, and just minutes from the 5 freeway, this is an opportunity you won't want to miss. Priced for a fast sale!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 987 | 1,015 | 48% |
| Lot Size | 423,725.531 | 478,145.5 | 43% |
| Price | $355.0K | $500.0K | 10% |
| Price per sq ft | $360 | $497 | 5% |
| Built year | 1969 | 1987 | 10% |
| HOA | $595.82 | $442 | 90% |
| Days on market | 433 | 181 | 98% |
Feb 22, 2026
$354,999
$370,000
-4% Price Drop
Initial Listing
Oct 8, 2025
$370,000
$379,999
-3% Price Drop
Initial Listing
Sep 22, 2025
$379,999
Initial Listing
Feb 13, 2025
$394,999
Initial Listing