
Valencia, California 91355
This property presents a High-Potential Investment Opportunity with a List Price of $459,900—positioned well below the $475,903 Fair Market Value by 3%. This valuation gap offers $16,003 in Instant Equity for buyers. Featuring a Condition Rating of 5, the unit requires cosmetic updates, yet offers significant upside through its breathtaking valley views and end-unit privacy. Located in a top-tier school district, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24528 Mcbean Parkway 30 Subject | $459,900* List Price | 2 | 2 | 1,033 | $461 | - |
A 24528 Mcbean Parkway 30 Active | $459,550 List Price | 2 | 2 | 1,033 | $445 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (36 years old) and appears to be in mostly original condition. The interior requires a full cosmetic rehab, featuring heavily stained/damaged carpeting, dated wallpaper, and original 1980s kitchen and bathrooms. The listing explicitly states it is sold 'as-is' to reflect its need for significant updates.
Elementary School: Meadows Elementary School (9/10).
Situated in a highly desirable Valencia community with no Mello Roos and low HOA fees, offering excellent proximity to top-rated schools, shopping, and local colleges.
This upper-level end unit features vaulted ceilings and only one shared wall, providing an open, airy feel and enhanced privacy that mimics a single-story residence.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =272935, other record lot size in square feet = 272846.
The home is sold in as-is condition and requires immediate cosmetic updates, such as new flooring and paint, necessitating additional upfront capital investment.
Built in 1988 and marketed for its 'potential,' the unit likely requires modernization of original fixtures and finishes to compete with renovated properties in the area.
Incredible opportunity to own a 2 bedroom, 2 bathroom upper-level end unit in the desirable Franciscan Hill community, nestled in the heart of Valencia! Whether you are a first-time buyer looking to build equity, a savvy investor seeking strong rental potential, or someone ready to create their dream home, this one checks all the boxes. This townhome-style condominium lives like a single story once inside, featuring an open-concept floor plan with vaulted ceilings and an abundance of natural light throughout. The living room boasts a cozy gas fireplace and flows seamlessly into the dining area, creating an ideal space for everyday living and entertaining. Step outside through the sliding glass door to your private balcony and take in the breathtaking valley views, perfect for morning coffee or watching the sunset. The kitchen offers ample cabinet and counter space along with a convenient bar area. The spacious primary bedroom includes an ensuite bathroom and generous closet space. The second bedroom is well-sized and light-filled. In-unit laundry adds everyday convenience. Sold in as-is condition, this home is priced to reflect its cosmetic potential. With new flooring and a fresh coat of paint, this unit could easily transform into a stunning move-in ready home or a highly desirable rental in a market where comparable units in the area command strong returns. Parking includes a 1-car attached garage plus an assigned covered carport space, with guest parking conveniently located just outside. As an end unit, enjoy the added privacy and natural light that comes with only sharing one wall. The Franciscan Hill community offers fantastic amenities including a pool, spa, security, greenbelt areas, and ample guest parking. Low HOA dues and NO Mello Roos keep monthly costs manageable. Ideally located close to shopping, dining, a golf course, award-winning schools within the William S. Hart School District, College of the Canyons, and California Institute of the Arts. Easy freeway access makes commuting a breeze.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 1.4 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,033 | 1,712.5 |
| Lot Size | 272,935 | 38,100 |
| Price | $459.9K | $562.8K |
| Price per sq ft | $445 | $454 |
| Built year | 1988 | 2004 |
| HOA | $511.0 | $375 |
| Days on market | 19 | 80 |
Jul 3, 2026
$459,900
Initial Listing
Jul 15, 1988
$134,000
Public Record