24518 Nicklaus Drive O10, Valencia, California 91355, Valencia, 91355 - 1 bed, 1 bath
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24518 Nicklaus Drive O10
Valencia, California 91355
ACTIVE
CONDITION: FAIR
1Beds
1Baths
722Sq Ft
676,279Lot Size
Property Price
LIST PRICE$350,000
EST. MARKET VALUE
$376,910
7% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at $374,900—positioned well below the $383,661 Fair Market Value by 2%. This valuation gap offers $8,761 in Instant Equity. Featuring a Condition Rating of 4, the unit offers Lake Views, In-Unit Laundry, and access to Top-Rated Schools like Meadows Elementary. While the interior reflects its 1977 build, the layout provides a solid foundation for cosmetic modernization. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property.
Estimated Market Value
$376,910+$26,910 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 24518 Nicklaus Drive O10 Subject 1 bd · 1 ba · 722 sqft · $522 | $350,000* List Price | 1 | 1 | 722 | $522 | - |
A 25825 Tournament I9 Sold 1 bd · 1 ba · 760 sqft · $461 · 0.1 mi | $350,000 | 1 | 1 | 760 | $461 | 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 1977, this property is nearly 50 years old. While the unit is well-maintained and functional, the kitchen features dated white tile countertops and older cabinetry styles consistent with a 15-30 year old renovation. It is move-in ready but requires cosmetic updates to the kitchen and likely the bathroom to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Meadows Elementary School (9/10).
- Scenic Lakefront Living
As a rare end-unit with no neighbors above, this condo offers tranquil lake views from a private balcony, providing a level of privacy and serenity seldom found in high-density complexes.
- Rare In-Unit Convenience
Unlike many units in the Lakeshore community, this property features a private in-unit washer and dryer, significantly increasing its functional appeal and daily convenience for residents.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =676279, other record lot size in square feet = 676060.
- Dated Interior Elements
Built in 1977 and featuring older tile countertops, the unit may require cosmetic updates or modernization to meet the expectations of buyers looking for a contemporary aesthetic.
- Significant HOA Expenses
The monthly association fee of $471 represents a substantial recurring cost for a one-bedroom unit, which may impact overall affordability and the debt-to-income ratio for some buyers.
About 24518 Nicklaus Drive O10
Look out over the lake from your own private balcony. This 1-bedroom, 1-bathroom condo in Valencia is a second-floor end unit with no unit above it. Inside, the living room has a vaulted ceiling and opens to the kitchen and dining area. The kitchen has tile counters and a breakfast bar. A private in-unit washer and dryer means no trips to a shared laundry room. The home is 722 square feet and has storage space on the balcony. One covered carport space is included, with guest parking nearby. HOA dues include water, sewer, and trash. Valencia Lakeshore offers landscaped walking paths along the lake, multiple pools and a spa, tennis and pickleball courts, a playground, and a dog park. The condo is near CalArts, College of the Canyons, Vista Valencia Golf Course, shopping, dining, and the I-5.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 676,279 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $471.0 / Month
Neighborhood Insights
Valencia Unified Schools
Meadows Elementary School
Grades K-6 • 0.5 mi
9/10
Placerita Junior High School
Grades 7-8 • 1.3 mi
7/10
William S. Hart High School
Grades 9-12 • 1.5 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.3 |
| Baths | 1.0 | 2.2 |
| Square foot | 722 | 1,468.735 |
| Lot Size | 676,279 | 225,314.031 |
| Price | $350.0K | $591.1K |
| Price per sq ft | $485 | $418 |
| Built year | 1977 | 2007 |
| HOA | $471.0 | $398 |
| Days on market | 65 | 88 |
Pricing History
Listed for Sale
Oct 2, 2026
$350,000
$374,900
-7% Price Drop
Initial Listing
Price Change
Sep 10, 2026
$374,900
$389,000
-4% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$389,000
Initial Listing
Sold
Nov 8, 2024
$385,000
Public Record
Sold
Dec 31, 2018
$243,000
Public Record
Sold
Mar 10, 2006
$250,000
Public Record
Sold
Apr 30, 1996
$45,500
Public Record
Sold
Jan 3, 1994
$74,000
Public Record