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$410,000
EST. MARKET VALUE
$389,162
5% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $420,000—positioned above the $407,276 Fair Market Value. While priced slightly above market, the property features an upgraded kitchen with granite countertops and easy-maintenance wood flooring, earning a Condition Rating of 3. Residents enjoy a private corner location with views of trees and woods, plus access to two pool facilities. Located within the Saddleback Valley Unified School District, this property is an ideal choice for first-time buyers or investors seeking a low-maintenance, move-in ready asset.
Estimated Market Value
$389,162
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 1 bd · 1 ba · 527 sqft · $738 | $410,000* List Price | 1 | 1 | 527 | $738 | - |
A 26261 Las Flores Sold 1 bd · 1 ba · 644 sqft · $629 · 0.2 mi | $405,000 | 1 | 1 | 644 | $629 | 0.2 mi |
B 26152 Sanz E Active 1 bd · 1 ba · 473 sqft · $844 · 0.1 mi | $399,000 List Price | 1 | 1 | 473 | $844 | 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.
Built in 1984, this property is well-maintained and move-in ready. It features upgraded granite countertops in the kitchen and easy-maintenance wood flooring throughout. While the cabinetry and white appliances are slightly dated, the unit is functional and turnkey, benefiting from a brand-new roof installed by the HOA this year.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The condo features high-quality finishes including easy-maintenance wood flooring throughout and an upgraded kitchen with granite countertops, making it a turnkey option for buyers.
- Prime Corner Location
Positioned as a private corner unit with views of trees and woods, this property offers superior privacy and natural light compared to standard interior units.
- Favorable Tax and Utility Structure
The property benefits from no Mello-Roos taxes and an HOA that covers water, trash, and recent major capital improvements like a brand-new roof, enhancing long-term value.
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 Living Space
At just 527 square feet, the compact footprint may be a constraint for buyers needing additional storage, a home office, or room for guests.
- High HOA-to-Square-Footage Ratio
The monthly HOA fee of $471.15 is relatively high for a small one-bedroom unit, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
About 26121 La Real
View Home! 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, Brand New appliances 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 | 1,240.63 |
| Lot Size | 48,705 | 97,777.444 |
| Price | $410.0K | $756.5K |
| Price per sq ft | $778 | $613 |
| Built year | 1984 | 1987 |
| HOA | $471.15 | $512 |
| Days on market | 54 | 59 |
Pricing History
Listed for Sale
Oct 6, 2026
$410,000
$420,000
-2% Price Drop
Initial Listing
Price Change
Sep 1, 2026
$420,000
Initial Listing
Sold
Mar 11, 2002
$170,000
Public Record