27181 Cedros, Mission Viejo, California 92692, Mission Viejo, 92692 - 3 bed, 2 bath

27181 Cedros, Mission Viejo, California 92692 home-pic-0

27181 Cedros

Mission Viejo, California 92692

ACTIVE
CONDITION: POOR
3Beds
2Baths
1,120Sq Ft
4,797Lot Size

Property Price

LIST PRICE$839,000
EST. MARKET VALUE
$879,632
4% BelowMARKET VALUE

SUMMARY

Analysis of 27181 Cedros, Mission Viejo, California 92692 reveals a Prime Investment Opportunity with a current list price of $839,000—significantly undercutting the $879,632 Fair Market Value by 4%. This valuation gap indicates a +$40,632 Instant Equity potential for buyers. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Mission Viejo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$879,632 +$40,632 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Mission Viejo.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
27181 Cedros
Subject
$839,000*
List Price
321,120$785-
A
26931 Colmenar
Sold
$961,000321,120$8580.4 mi
B
27181 Manzano
Sold
$1,050,000321,120$9380.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property is explicitly marketed as a 'fixer' requiring a contractor and a 'cash only' sale, which indicates it likely does not meet the habitability standards required for traditional financing. Built in 1975, the home requires substantial rehabilitation and modernization of all major systems, including the kitchen and bathrooms, to address significant deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Cul-de-Sac Location

    The property is situated in a quiet, desirable Mission Viejo neighborhood on a cul-de-sac, offering enhanced privacy and a family-friendly environment.

  • Top-Rated School District

    Located within the highly-regarded Capistrano Unified School District, the home provides access to excellent schools, including Carl Hankey Middle School with an 8/10 rating.

  • High Investment Potential

    Marketed as a fixer-upper with 'tremendous upside,' this property presents a rare opportunity for investors to build significant equity through renovation in a strong market.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Needed

    The home is in 'fixer' condition and requires a contractor and substantial additional capital to address repairs and modernization.

  • Restrictive Financing Terms

    The requirement for a 'CASH ONLY' sale significantly limits the buyer pool by excluding those who rely on traditional mortgage financing.

About 27181 Cedros

Calling all investors!! Fabulous FIXER opportunity in beautiful neighborhood on a cul-de-sac!! Highly rated school district!! This home has tremendous upside potential. NO BLIND OFFERS. CASH ONLY sale. This is a rare opportunity you won't want to miss!!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1975
Lot Size
4,797 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$158.0 / Month

Neighborhood Insights

Mission Viejo Unified Schools

Carl Hankey Elementary School

Grades K-5 • 0.3 mi

6/10

Carl Hankey Middle School

Grades 6-8 • 0.3 mi

8/10

Newhart Middle School

Grades 6-8 • 2.4 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
44%
Square foot1,1201,859
7%
Lot Size4,7974,950
48%
Price$839.0K$1.23M
6%
Price per sq ft$749$645
80%
Built year19751983
9%
HOA$158.0$248
31%
Days on market3149
1%

Pricing History

Listed for Sale

Mar 4, 2026

$839,000

Initial Listing

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