23636 Messina, Laguna Hills, California 92653, Laguna Hills, 92653 - 4 bed, 2 bath
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23636 Messina
Laguna Hills, California 92653
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,496Sq Ft
8,500Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,168,008
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000, positioned slightly above the $1,168,008 Fair Market Value. While not a discount play, the asset offers significant stability through a long-term lease in place through 2032. Featuring a Condition Rating of 4, the home requires cosmetic updates to maximize future returns. The expansive 8,500 sqft lot and unobstructed park views provide rare long-term value. This is a stable, income-generating asset ideal for Buy-and-Hold Investors or Passive Income Seekers.
Estimated Market Value
$1,168,008
Based on Realkey algorithm analyzing recent comparable sales in Laguna Hills.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23636 Messina Subject 4 bd · 2 ba · 1,496 sqft · $781 | $1,200,000* List Price | 4 | 2 | 1,496 | $781 | - |
A 22361 Modina Sold 3 bd · 2 ba · 1,290 sqft · $853 · 0.2 mi | $1,100,000 | 3 | 2 | 1,290 | $853 | 0.2 mi |
B 22102 Padova Sold 4 bd · 2 ba · 1,496 sqft · $747 · 0.2 mi | $1,117,000 | 4 | 2 | 1,496 | $747 | 0.2 mi |
C 23512 Lipari Active 4 bd · 2 ba · 1,783 sqft · $673 · 0.1 mi | $1,199,900 List Price | 4 | 2 | 1,783 | $673 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1971, this 50+ year old property appears well-maintained but dated. Interior photos show older tile flooring and 1980s/90s style mirrored closet doors. While functional and currently tenant-occupied, the home requires cosmetic updates to the kitchen and bathrooms to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8500, living area = 1496.
- Guaranteed Rental Income
The property features a long-term lease in place through August 2032, offering investors immediate stability and a projected cash flow of approximately $270,000 over the remaining term.
- Premium Lot and Views
Situated on a generous 8,500-square-foot lot, the backyard offers rare, unobstructed views of the park and greenbelt, significantly enhancing the property's long-term value and appeal.
CONSRISKS & DEFICIENCIES
- Limited Occupancy Flexibility
The existing lease agreement through 2032 restricts the property to investors only, making it unavailable for owner-occupants or those seeking immediate possession for nearly a decade.
- Average School Ratings
The assigned elementary and middle schools carry lower ratings (4 and 5 out of 10), which may be a deterrent for families prioritizing top-tier educational districts within Orange County.
About 23636 Messina
Exceptional investment opportunity in the heart of Laguna Hills! This spacious property offers one of the larger building sizes in the area, situated on a generously sized lot with a backyard featuring beautiful unobstructed views—an increasingly rare find. The property is currently tenant-occupied with a lease in place through August 2032, offering investors a unique opportunity for long-term income stability. Projected cash flow over the remaining lease term is approximately $270,000, making this an attractive opportunity for buyers seeking both immediate income potential and long-term value. With its large lot, expansive living space, unobstructed backyard views, and established long-term tenancy, this property offers a compelling combination of location, size, and investment potential. A great opportunity for investors looking for a strong value in Laguna Hills.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 8,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Laguna Hills Unified Schools
San Joaquin Elementary School
Grades K-6 • 0.2 mi
4/10
Los Alisos Intermediate School
Grades 7-8 • 2.8 mi
5/10
Laguna Hills High School
Grades 9-12 • 2.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,496 | 2,514.424 |
| Lot Size | 8,500 | 9,004.746 |
| Price | $1.20M | $1.76M |
| Price per sq ft | $802 | $738 |
| Built year | 1971 | 1980 |
| HOA | $0 | $186 |
| Days on market | 47 | 47 |
Pricing History
Listed for Sale
Sep 8, 2026
$1,200,000
Initial Listing
Sold
Jun 10, 1999
$246,000
Public Record