23565 El Cerrito, Aliso Viejo, California 92656, Aliso Viejo, 92656 - 3 bed, 2 bath
23565 El Cerrito
Aliso Viejo, California 92656
Property Price
SUMMARY
Analysis of 23565 El Cerrito, Aliso Viejo, California 92656 reveals a property with a current list price of $698,000, which is 8% above the estimated $646,129 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Aliso Viejo 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23565 El Cerrito Subject | $698,000* List Price | 3 | 2 | 1,240 | $521 | - |
A 23516 Los Grandes Street Sold | $699,000 | 3 | 2 | 1,240 | $564 | 0.1 mi |
B 23356 Via San Miguel Sold | $690,000 | 3 | 2 | 1,240 | $556 | 0.4 mi |
C 23405 Via San Pablo Active | $750,000 List Price | 3 | 2 | 1,240 | $605 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1971, this property is well-maintained and functional, but the kitchen features dated tile countertops and older appliances (except for the refrigerator), indicating a renovation likely 20-30 years ago. While the bathrooms have some updated elements like vanities and granite-look counters, they are not fully modern. The laminate flooring is in good condition, but the overall aesthetic and key components show signs of being outdated, requiring minor updates to meet current buyer expectations.
PROSSTRENGTHS & OPPORTUNITIES
- Single-Story Layout & Open Floor Plan
This highly sought-after single-story home features a well-designed open floor plan, offering desirable accessibility and a modern living experience, appealing to a wide range of buyers including first-time, downsizers, and investors.
- Prime Location & Top-Rated Schools
Strategically located approximately 15 minutes from Laguna Beach and minutes from world-class shopping, dining, and top-rated schools, offering exceptional convenience and lifestyle benefits in Orange County.
- Extensive Community Amenities
The community boasts a wealth of amenities including dog-friendly parks, two swimming pools, multiple sport courts, and playgrounds, significantly enhancing resident lifestyle and property appeal.
CONSRISKS & DEFICIENCIES
- High Association Fee
The monthly association fee of $630.0 is substantial and could be a significant ongoing cost for potential buyers, impacting affordability and budget planning.
- Age of Property
Built in 1971, the property's age suggests that while it has a 'well-designed open floor plan,' it may require updates to systems or finishes to meet modern buyer expectations, as no recent renovations are explicitly mentioned.
- Lack of Desirable Views
The property description explicitly states 'view: None,' which can be a drawback in a desirable Orange County location where premium views often command higher value.
About 23565 El Cerrito
Welcome to this highly sought-after SINGLE-STORY HOME with an oversized TWO-CAR GARAGE and an additional parking permit for the third car. Well-designed open floor plan includes an inviting living room, a kitchen with space for a center island and breakfast bar, and a dining area with sliding glass doors that lead to a private patio. Just down the hall, you will find the primary bedroom suite, two additional bedrooms, a hallway bathroom, and a laundry closet with washer and dryer side-by-side. This home has an abundance of natural light and is in a very quiet part of the community with lots of green space. Community features dog-friendly parks, two swimming pools, multiple sport courts, and playgrounds for residents to enjoy. Located approximately 15 minutes from Laguna Beach, and just minutes from world-class shopping, dining, and top-rated schools, this home offers one of the BEST VALUES in Orange County. Don’t miss this great opportunity if you’re a first-time buyer, a savvy investor, or is simply looking to downsize!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 2,264 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $630.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 36% |
| Baths | 2.0 | 3.0 | 14% |
| Square foot | 1,240 | 1,935.5 | 13% |
| Lot Size | 2,264 | 4,225 | 7% |
| Price | $698.0K | $1.43M | 7% |
| Price per sq ft | $563 | $706 | 4% |
| Built year | 1971 | 1994 | 7% |
| HOA | $630.0 | $138 | 98% |
| Days on market | 45 | 170 | 7% |
Pricing History
Listed for Sale
Jan 21, 2026
$698,000
Initial Listing
Sold
Jul 10, 2008
$260,000
Public Record
Sold
Sep 13, 2006
$456,000
Public Record