
Valencia, California 91355
This property presents a High-Potential Investment Opportunity with a List Price of $459,900—positioned well below the $467,725 Fair Market Value by 1.67%. This valuation gap offers $7,825 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the unit requires significant updates, yet offers access to Top-Rated Schools like Valencia Valley Elementary (9/10). This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on this established Valencia community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24109 Del Monte Drive 467 Subject | $459,900* List Price | 2 | 2 | 925 | $506 | - |
A 24153 Del Monte 362 Sold | $425,000 | 1 | 1 | 835 | $509 | 0.0 mi |
B 23629 Del Monte 283 Sold | $525,000 | 2 | 2 | 940 | $559 | 0.7 mi |
C 23605 Del Monte Sold | $493,000 | 2 | 2 | 910 | $542 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (35 years old) and explicitly marketed 'as-is' as an opportunity for investors or contractors to 'create real equity,' indicating the property needs significant rehab. While the provided images are 'digitally altered' to appear clean, the listing text confirms the condition requires substantial work beyond minor updates.
Elementary School: Valencia Valley Elementary School (9/10).
Located in Siena Villas, residents have access to premium amenities including a pool, spa, tennis courts, and a car wash, plus immediate proximity to Valencia Summit Park and the Paseo trail system.
The property is centrally located near Valencia Town Center and Whole Foods, and is served by highly-rated schools, including Valencia Valley Elementary which boasts a 9/10 rating.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =842450, other record lot size in square feet = 842292.
The property is being sold in 'as-is' condition with explicit mention of 'work ahead,' requiring the buyer to have significant additional capital for necessary repairs and modernization.
The $450 monthly HOA fee represents a significant recurring expense that, while covering some utilities, increases the overall cost of ownership compared to units with lower assessments.
Here's an opportunity worth a closer look. 24109 Del Monte Dr #467 in Siena Villas, a resort style Valencia community with a pool, spa, tennis courts, and a car wash area, with Valencia Summit Park directly across the entrance. This 925 square foot, 2 bedroom, 2 bath residence is being offered as-is and priced to reflect the work ahead, a genuine opportunity for an investor, contractor, or hands on buyer to create real equity in one of Valencia's most established communities. The floor plan offers in unit laundry hookups. Two parking spaces come with the unit. HOA dues cover water, sewer, and trash. Just minutes from Valencia Town Center, Whole Foods, and the Valencia Paseos pedestrian path system.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 2.0 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.4 |
| Baths | 2.0 | 2.3 |
| Square foot | 925 | 1,558.282 |
| Lot Size | 842,450.375 | 146,499.423 |
| Price | $459.9K | $591.4K |
| Price per sq ft | $497 | $435 |
| Built year | 1989 | 2011 |
| HOA | $450.0 | $396 |
| Days on market | 18 | 77 |
Aug 22, 2026
$459,900
Initial Listing
May 12, 2021
$447,000
Public Record
Jul 3, 2003
$223,500
Public Record
Aug 27, 1999
$123,000
Public Record