
Valencia, California 91355
This Value-Add Condominium is listed at $474,990, aligning with its $469,544 Fair Market Value. Currently holding a Condition Rating of 4, the asset requires cosmetic updates to reach the higher valuation of nearby renovated units. The End-Unit Layout features Vaulted Ceilings and a private balcony with Mountain and Valley Views. Located near Meadows Elementary School (9/10) and the William S. Hart School District with no Mello Roos, the property offers significant potential for forced appreciation. This is an ideal entry point for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24528 Mcbean Parkway 30 Subject | $459,550* List Price | 2 | 2 | 1,033 | $445 | - |
A 23926 Arroyo Park Drive 123 Active Under Contract | $510,000 List Price | 2 | 2 | 1,178 | $433 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, the property is in mostly original condition and requires cosmetic updates. The kitchen features dated oak cabinetry and older white appliances, while the living areas have worn carpeting and original 1980s fixtures. The listing explicitly mentions the home is sold 'as-is' and needs new flooring and paint to be move-in ready.
Elementary School: Meadows Elementary School (9/10).
Situated in the heart of Valencia within the award-winning William S. Hart School District and near major colleges, offering excellent long-term value and appeal for families and investors.
As an upper-level end unit with vaulted ceilings and only one shared wall, the property provides enhanced privacy, abundant natural light, and impressive valley views from the private balcony.
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 property is being sold in as-is condition and requires immediate investment in new flooring and paint to transform it into a move-in ready home.
Built in 1988, the unit may require additional capital for updates to original fixtures or mechanical systems to meet modern efficiency and aesthetic standards.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,033 | 1,015 | 67% |
| Lot Size | 272,935 | 258,618.5 | 50% |
| Price | $459.6K | $500.4K | 26% |
| Price per sq ft | $445 | $500 | 14% |
| Built year | 1988 | 1988 | 50% |
| HOA | $511.0 | $430 | 79% |
| Days on market | 94 | 172 | 12% |
Jun 4, 2026
$459,550
$474,990
-3% Price Drop
Initial Listing
Mar 4, 2026
$474,990
Initial Listing
Jul 15, 1988
$134,000
Public Record