26121 La Real, Mission Viejo, California 92691, Mission Viejo, 92691 - 1 bed, 1 bath
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26121 La Real
Mission Viejo, California 92691
ACTIVE
CONDITION: GOOD
1Beds
1Baths
527Sq Ft
48,705Lot Size
Property Price
LIST PRICE$420,000
EST. MARKET VALUE
$394,573
6% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $420,000—positioned well above the $394,574 Fair Market Value by 6%. While priced slightly above market, the property features an Excellent Condition Rating with modern Granite Kitchen upgrades and Wood Flooring. Located in the Saddleback Valley Unified district, this home offers a quiet, private corner-unit lifestyle with access to community pools. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, move-in ready residence in Mission Viejo.
Estimated Market Value
$394,573
Based on Realkey algorithm analyzing recent comparable sales in Mission Viejo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26121 La Real Subject | $420,000* List Price | 1 | 1 | 527 | $749 | - |
A 23241 La Glorieta #d 55 Sold | $355,000 | 1 | 1 | 604 | $588 | 0.2 mi |
B 26151 Sanz A Sold | $385,000 | 1 | 2 | 642 | $600 | 0.1 mi |
C 26261 Las Flores Sold | $405,000 | 1 | 1 | 644 | $629 | 0.2 mi |
D 26125 La Real D Sold | $500,000 | 2 | 2 | 693 | $722 | 0.0 mi |
E 26176 Sanz C Sold | $400,000 | 1 | 1 | 473 | $846 | 0.1 mi |
F 26152 Sanz #b Sold | $438,000 | 1 | 2 | 642 | $682 | 0.1 mi |
G 23282 La Mar Active | $459,000 List Price | 1 | 2 | 642 | $715 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the structure dates to 1984, the interior has been updated with granite countertops and wood flooring throughout. The property is described as turnkey and well-maintained, with a brand-new roof recently installed by the HOA, fitting the criteria for a functional, move-in ready home with 5-15 year old renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Corner Unit Privacy
Positioned as a private corner unit, this home offers enhanced quiet and additional natural light, providing a more secluded feel than standard interior units.
- Turnkey Interior Upgrades
The property features modern granite countertops, easy-maintenance wood flooring throughout, and the high-demand convenience of an in-unit washer and dryer.
- Favorable Financials
The absence of Mello-Roos taxes and an HOA that covers water and trash utilities makes this an attractive, low-overhead option for first-time buyers and investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =48705, other record lot size in square feet = 66550. Living area discrepancy between mls listing and other public or private record. mls listing living area = 527, other record living area = 693. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
- Limited Square Footage
At just 527 square feet, the compact living space may be restrictive for buyers with significant furniture or those requiring more storage.
- High HOA-to-Size Ratio
The monthly association fee of $471.15 is relatively high given the small footprint of the unit, which may impact overall affordability for some borrowers.
About 26121 La Real
Welcome to this charming and spacious 1-bedroom, 1-bathroom condo, perfectly situated as a private corner unit in an elegant, quiet neighborhood. Step inside to discover a bright and open living area with easy-maintenance wood flooring running throughout every room. The upgraded kitchen features sleek granite countertops and ample storage, making cooking a delight. Convenience is built right in with an in-unit washer and dryer. Also 1 reserved carport space in the around corner. Positioned on a corner for enhanced peace and privacy, the home belongs to a vibrant, pet-friendly community equipped with two sparkling pool facilities—and peace of mind comes easy knowing the HOA recently installed a brand-new roof this year. HOA dues cover both water and trash, leaving electricity and internet as your only utility responsibility, with no Mello-Roos taxes to worry about. Whether you are a single professional, a couple, or an investor seeking a turnkey rental, this delightful property is an incredible opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 48,705 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $471.15 / Month
Neighborhood Insights
Mission Viejo Unified Schools
Glen Yermo Elementary School
Grades K-6 • 0.5 mi
5/10
Los Alisos Intermediate School
Grades 7-8 • 1.1 mi
5/10
Mission Viejo High School
Grades 9-12 • 1.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 527 | 1,248.725 |
| Lot Size | 48,705 | 90,361.45 |
| Price | $420.0K | $756.3K |
| Price per sq ft | $797 | $612 |
| Built year | 1984 | 1984 |
| HOA | $471.15 | $504 |
| Days on market | 8 | 55 |
Pricing History
Listed for Sale
Sep 1, 2026
$420,000
Initial Listing
Sold
Mar 11, 2002
$170,000
Public Record