25761 Le Parc 5, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 2 bath

25761 Le Parc 5, Lake Forest, California 92630 home-pic-0
ACTIVE$499,990$896/sqft
25761 Le Parc 5, Lake Forest, California 92630
1Bed
2Baths
896Sqft
201,893Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Two-Story Layout: The unit features a desirable two-story layout, providing a clear separation between living areas and a private upstairs bedroom.
Top Cons:
As-Is Sale Condition: The property is being sold in 'as-is' condition with no seller repairs, requiring the buyer to assume responsibility for any necessary fixes or upgrades.

Compared to the nearby listings

Price:$500.0K vs avg $597.0K ($-97,010)22%
Size:896 sqft vs avg 1,011 sqft33%
Price/sqft:$558 vs avg $59527%

More Insights

Built in 1983 (43 years old).
Condition: Built in 1983, this property is 41 years old and requires substantial rehabilitation. The listing explicitly states the 'Kitchen needs completion of remodeling,' indicating a significant unfinished project. The bedroom carpet is heavily worn and stained, requiring immediate replacement. While the washer/dryer are new and the bathroom tub/sink area has been re-tiled, the overall bathroom fixtures and finishes (tiled countertops, dated lighting) are old. The property is being sold 'as-is,' reinforcing the need for considerable buyer investment to bring it to a modern, comfortable standard.
Year Built
1983
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$558
HOA
$685
Days on market
-
Sold On
-
MLS number
PW26005829
Home ConditionPoor
Features
Patio
View-

About this home

2 story unit Unit #5 One bedroom upstairs with full bathroom, walk in closet, re tiled bathtub & sink area. Washer & Dryer one year new. Property being sold as is with no seller repairs. Kitchen needs completion of remodeling.

J
John Oddo
Listing Agent

Nearby schools

7/10
La Madera Elementary School
Public,K-60.5mi
6/10
Serrano Intermediate School
Public,7-81.2mi
7/10
El Toro High School
Public,9-120.7mi

Price History

Date
Event
Price
12/03/98
Sold
$111,000
03/22/02
Sold
$175,000
Condition Rating
Poor

Built in 1983, this property is 41 years old and requires substantial rehabilitation. The listing explicitly states the 'Kitchen needs completion of remodeling,' indicating a significant unfinished project. The bedroom carpet is heavily worn and stained, requiring immediate replacement. While the washer/dryer are new and the bathroom tub/sink area has been re-tiled, the overall bathroom fixtures and finishes (tiled countertops, dated lighting) are old. The property is being sold 'as-is,' reinforcing the need for considerable buyer investment to bring it to a modern, comfortable standard.
Pros & Cons

Pros

Two-Story Layout: The unit features a desirable two-story layout, providing a clear separation between living areas and a private upstairs bedroom.
Enhanced Bathroom Features: The full bathroom includes a recently re-tiled bathtub and sink area, offering a refreshed aesthetic.
Modern Laundry Appliances: Equipped with a washer and dryer that are only one year old, providing modern and efficient laundry facilities.
Convenient Bathroom Count: The property offers two bathrooms for a one-bedroom unit, enhancing functionality and guest convenience.
Strong School District: Located within a highly-rated school district, with well-regarded elementary and high schools in close proximity.

Cons

As-Is Sale Condition: The property is being sold in 'as-is' condition with no seller repairs, requiring the buyer to assume responsibility for any necessary fixes or upgrades.
Incomplete Kitchen Remodel: The kitchen requires completion of remodeling, necessitating immediate investment and effort from the buyer.
High Association Fees: The monthly association fee of $685 is substantial for a one-bedroom unit, which could impact overall affordability and carrying costs.
Browse Properties by State Browse housing market trends by state