25652 Rimgate, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath
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25652 Rimgate
Lake Forest, California 92630
ACTIVE
CONDITION: FAIR
1Beds
1Baths
625Sq Ft
267,646Lot Size
Property Price
LIST PRICE$462,000
EST. MARKET VALUE
$404,199
14% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $462,000, positioned well above the $404,200 Fair Market Value by -14%. Featuring a Condition Rating of 4, the property retains original 1980s cabinetry and fixtures, offering a clear path for value-add renovations. The ground-floor layout and Enclosed Outdoor Patio provide functional appeal, while the location within the Saddleback Valley Unified School District ensures long-term demand. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of modernizing the interior to capture market appreciation.
Estimated Market Value
$404,199
Based on Realkey algorithm analyzing recent comparable sales in Lake Forest.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25652 Rimgate Subject | $462,000* List Price | 1 | 1 | 625 | $647 | - |
A 25728 View Pointe Sold | $420,000 | 1 | 1 | 625 | $672 | 0.4 mi |
B 20702 N El Toro Sold | $385,000 | 1 | 1 | 610 | $631 | 0.2 mi |
C 23220 Orange 1 Sold | $372,000 | 1 | 1 | 685 | $543 | 0.2 mi |
D 21991 143 Rimhurst Sold | $499,999 | 2 | 1 | 829 | $603 | 0.3 mi |
E 25685 Sycamore Pointe 3g Active | $420,000 List Price | 1 | 1 | 625 | $672 | 0.4 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 1981, the property remains largely in its original state with dated 1980s-style wood-grain laminate cabinets and countertops in the kitchen and bathroom. While the flooring has been updated to modern vinyl plank, the cabinetry, appliances, and bathroom fixtures are over 30 years old and require modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Single-Story Accessibility
The ground-floor, single-level layout offers excellent accessibility and convenience, making it an ideal choice for buyers seeking a low-maintenance lifestyle without the hassle of stairs.
- Private Amenities
The inclusion of a private laundry area and an enclosed outdoor patio provides significant functional value and personal space rarely found in compact condominium units.
- Prime Location & Lifestyle
Ideally situated near scenic walking trails, parks, and shopping centers, the property offers a high quality of life within a desirable Lake Forest community served by the Saddleback Valley Unified School District.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =267646, other record lot size in square feet = 267530.
- Limited Square Footage
At just 625 square feet, the interior living space is quite compact, which may limit appeal for buyers needing extra storage or room for home office setups.
- Lack of Scenic Views
The property is noted as having no specific views, which could be a disadvantage compared to other units in the area that may overlook greenbelts or hillsides.
About 25652 Rimgate
Enjoy easy single-story living in this charming ground-floor condo featuring one bedroom and one bathroom. The home includes a private laundry area for added convenience, along with an enclosed outdoor patio—perfect for relaxing or enjoying your morning coffee. Ideally located near shopping, restaurants, parks, and scenic walking trails, this condo offers comfort, convenience, and an easy lifestyle in a desirable setting.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 267,646 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Rancho Canada Elementary School
Grades K-6 • 0.5 mi
7/10
La Madera Elementary School
Grades K-6 • 0.6 mi
7/10
Serrano Intermediate School
Grades 7-8 • 1.3 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.1 |
| Baths | 1.0 | 2.0 |
| Square foot | 625 | 1,109.86 |
| Lot Size | 267,646 | 165,856.581 |
| Price | $462.0K | $663.6K |
| Price per sq ft | $739 | $603 |
| Built year | 1981 | 1987 |
| HOA | $350.0 | $485 |
| Days on market | 15 | 54 |
Pricing History
Listed for Sale
Aug 25, 2026
$462,000
Initial Listing