23926 Arroyo Park Drive 123, Valencia, California 91355, Valencia, 91355 - 2 bed, 2 bath
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23926 Arroyo Park Drive 123
Valencia, California 91355
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,178Sq Ft
643,068Lot Size
Property Price
LIST PRICE$500,000
EST. MARKET VALUE
$500,000
SUMMARY
This Versatile 2-Bedroom + Loft Condo represents a stable entry into a premier gated community, listed at $510,000—matching its $510,000 Fair Market Value. Boasting three private patios and a versatile loft, the residence carries a Fair Condition Rating (4), signaling immediate potential for forced appreciation through kitchen and bathroom updates. Located within the William S. Hart Union district near Valencia Valley Elementary (9/10), the property offers exceptional walkability to Paseo trails and local amenities. This is a prime choice for Owner-Occupants building equity or Buy-and-Hold Investors seeking a high-demand asset.
Estimated Market Value
$500,000
Based on Realkey algorithm analyzing recent comparable sales in Valencia.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23926 Arroyo Park Drive 123 Subject 2 bd · 2 ba · 1,178 sqft · $424 | $500,000* List Price | 2 | 2 | 1,178 | $424 | - |
A 23930 Arroyo Park Sold 2 bd · 2 ba · 1,170 sqft · $453 · 0.0 mi | $530,000 | 2 | 2 | 1,170 | $453 | 0.0 mi |
B 24145 Del Monte Drive 319 Sold 2 bd · 2 ba · 925 sqft · $526 · 0.7 mi | $486,500 | 2 | 2 | 925 | $526 | 0.7 mi |
C 24151 Del Monte 348 Sold 2 bd · 2 ba · 1,112 sqft · $463 · 0.7 mi | $515,000 | 2 | 2 | 1,112 | $463 | 0.7 mi |
D 23933 Del Monte Drive 24 Sold 2 bd · 2 ba · 1,067 sqft · $501 · 0.6 mi | $535,000 | 2 | 2 | 1,067 | $501 | 0.6 mi |
E 23605 Del Monte Sold 2 bd · 2 ba · 910 sqft · $542 · 0.8 mi | $493,000 | 2 | 2 | 910 | $542 | 0.8 mi |
F 23715 Del Monte 216 Sold 2 bd · 2 ba · 1,030 sqft · $500 · 0.6 mi | $515,000 | 2 | 2 | 1,030 | $500 | 0.6 mi |
G 23609 Del Monte Drive 299 Sold 2 bd · 2 ba · 1,030 sqft · $503 · 0.8 mi | $518,000 | 2 | 2 | 1,030 | $503 | 0.8 mi |
H 24109 Del Monte Dr #457 Sold 2 bd · 2 ba · 1,000 sqft · $515 · 0.7 mi | $515,000 | 2 | 2 | 1,000 | $515 | 0.7 mi |
I 26107 Mcbean Parkway 62 Active 2 bd · 2 ba · 1,154 sqft · $503 · 0.2 mi | $580,000 List Price | 2 | 2 | 1,154 | $503 | 0.2 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 1988, this condo has received some cosmetic updates such as fresh paint and modern light wood-look flooring throughout the main living areas and bedrooms. The kitchen features newer stainless steel appliances (refrigerator, dishwasher) and a modern black faucet, but the white tile countertops are significantly outdated. The master bathroom has updated black faucets but retains an older vanity, light fixture, and dated wallpaper. The second bathroom has a more recently tiled floor and a painted vanity, but the overall style is not fully modern. While move-in ready and well-maintained, the property shows signs of being aged with several key components, particularly the kitchen countertops and master bathroom, being outdated and likely requiring renovation to meet current aesthetic standards, aligning with a 'Fair' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Valencia Valley Elementary School (9/10).
- Exceptional Location & Walkability
The property boasts an unbeatable location with direct access to essential amenities like grocery stores, restaurants, pharmacies, and banks. It's also minutes from major shopping, parks, and city tennis courts, complemented by scenic Paseo trails for car-free mobility.
- Versatile Loft Space
The inclusion of a versatile loft provides valuable additional space, perfect for a home office, gym, or guest accommodations, significantly enhancing the property's functionality and appeal.
CONSRISKS & DEFICIENCIES
- Property Age & Potential for Updates
Built in 1988, the condo may require updates to its interior finishes and systems to meet contemporary aesthetic and functional standards, as implied by the description's mention of 'endless potential'.
- Significant Price Adjustment
A notable price reduction from the original list price of $575,000 to $510,000 could suggest a previous overvaluation or indicate potential underlying issues that impacted its initial market appeal.
- Monthly Association Fees
The $435 monthly association fee represents a substantial ongoing cost that potential buyers must factor into their budget, which could be a deterrent for some.
About 23926 Arroyo Park Drive 123
NEW PRICE — $500,000! What can $500K buy you in the heart of Valencia? More than you might think! This light and bright TOP-FLOOR condo in the gated Las Ventanas community offers 2 bedrooms + a spacious loft, 2 bathrooms, THREE private patios, in-unit laundry and a private one-car garage — all in an incredibly convenient central Valencia location. The open living and dining areas create an inviting space to relax or entertain, while three separate patios extend the living space outdoors and offer plenty of options for morning coffee, al fresco dining or simply enjoying the Southern California sunshine. The versatile loft is a standout feature, providing valuable additional space for a home office, gym, guest area, media room or whatever fits your lifestyle. And then there’s the location. Leave the car at home and enjoy having everyday conveniences practically outside your door. Las Ventanas sits directly across from Granary Square, with grocery shopping, restaurants, pharmacy, fitness and other services nearby. Valencia’s renowned Paseo system makes it easy to explore the surrounding community on foot or by bike, while parks, tennis courts, shopping, dining and entertainment are all just minutes away. Residents of gated Las Ventanas also enjoy a community pool and guest parking. Previously under contract and now BACK ON THE MARKET with a NEW PRICE of $500,000, this is a fresh opportunity for a buyer looking to make Valencia home. Whether you're a first-time buyer, downsizing, looking for flexible work-from-home space or simply want a low-maintenance lifestyle in the heart of Valencia, this one deserves another look. Short sale; sale and terms are subject to lender approval. Come see what $500K can buy in Valencia — and make it yours. Valencia living at its FINEst!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 643,068 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,178 | 1,468.735 |
| Lot Size | 643,068 | 225,314.031 |
| Price | $500.0K | $591.1K |
| Price per sq ft | $424 | $418 |
| Built year | 1988 | 2007 |
| HOA | $435.0 | $398 |
| Days on market | 497 | 88 |
Pricing History
Listed for Sale
Sep 11, 2026
$500,000
$510,000
-2% Price Drop
Initial Listing
Price Change
Aug 2, 2026
$510,000
$520,000
-2% Price Drop
Initial Listing
Price Change
Jul 11, 2026
$520,000
$510,000
+2% Price Increase
Initial Listing
Price Change
Sep 22, 2025
$510,000
Initial Listing
Price Change
Jun 14, 2025
$575,000
Initial Listing