31508 Los Rios 115, San Juan Capistrano, California 92675, San Juan Capistrano, 92675 - 2 bed, 2 bath
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31508 Los Rios 115
San Juan Capistrano, California 92675
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,012Sq Ft
0Lot Size
Property Price
LIST PRICE$545,000
EST. MARKET VALUE
$516,259
5% AboveMARKET VALUE
SUMMARY
This Strong Value Opportunity is a 2-bedroom condominium listed at $545,000, positioned above the $515,411 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 4, featuring modern laminate flooring and the rare convenience of In-Unit Laundry. Located near Historic Downtown SJC, this asset provides immediate rental appeal despite dated kitchen finishes. With proximity to the Capistrano Unified district, it serves as a stable, long-term acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into a prime Orange County location.
Estimated Market Value
$516,259
Based on Realkey algorithm analyzing recent comparable sales in San Juan Capistrano.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31508 Los Rios 115 Subject 2 bd · 2 ba · 1,012 sqft · $510 | $545,000* List Price | 2 | 2 | 1,012 | $510 | - |
A 31412 Los Rios 5 Sold 3 bd · 2 ba · 1,141 sqft · $514 · 0.1 mi | $586,500 | 3 | 2 | 1,141 | $514 | 0.1 mi |
B 32221 Alipaz 267 Sold 2 bd · 2 ba · 1,097 sqft · $479 · 0.8 mi | $525,000 | 2 | 2 | 1,097 | $479 | 0.8 mi |
C 30816 Avenida De La Sold 2 bd · 1 ba · 897 sqft · $541 · 0.8 mi | $485,000 | 2 | 1 | 897 | $541 | 0.8 mi |
D 26495 La Zanja Street 11c Sold 3 bd · 2 ba · 1,037 sqft · $516 · 0.2 mi | $535,000 | 3 | 2 | 1,037 | $516 | 0.2 mi |
E 26515 Calle San Francisco Sold 2 bd · 1 ba · 897 sqft · $465 · 0.3 mi | $417,500 | 2 | 1 | 897 | $465 | 0.3 mi |
F 31104 Calle San Diego Sold 2 bd · 1 ba · 897 sqft · $474 · 0.4 mi | $425,000 | 2 | 1 | 897 | $474 | 0.4 mi |
G 32221 Alipaz Sold 1 bd · 1 ba · 764 sqft · $517 · 0.8 mi | $395,000 | 1 | 1 | 764 | $517 | 0.8 mi |
H 26438 Paseo Pamela Sold 2 bd · 1 ba · 798 sqft · $533 · 0.7 mi | $425,000 | 2 | 1 | 798 | $533 | 0.7 mi |
I 31608 Los Rios Active 2 bd · 2 ba · 1,012 sqft · $552 · 0.1 mi | $559,000 List Price | 2 | 2 | 1,012 | $552 | 0.1 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 1978, the property is over 20 years old. While it features newer laminate flooring and appears well-maintained, the kitchen is dated with tile countertops and older cabinetry, and the overall aesthetic reflects a renovation age of 15-30 years.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is situated in close proximity to Historic Downtown San Juan Capistrano, providing easy access to world-class dining, shopping, and cultural landmarks.
- In-Unit Laundry
Unlike many older condominium complexes, this unit features interior laundry facilities, offering a significant convenience that appeals to both owner-occupants and high-quality tenants.
- Investment Potential
With a competitive price point for a 2-bedroom, 2-bathroom layout in Orange County, this unit serves as an ideal entry-level opportunity for first-time buyers or investors seeking a turnkey rental.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $461 is relatively high for the price point, which may impact a buyer's monthly affordability and the overall cap rate for potential investors.
- Elementary School Rating
The assigned elementary school carries a lower rating (4/10) compared to the higher-rated middle and high schools in the district, which may be a concern for families with young children.
About 31508 Los Rios 115
Fantastic opportunity to own a 2bd 2bth upper unit in Capistrano Villas II with interior laundry. Unit is in good condition and located close proximity to Historic Downtown SJC. Great opportunity for a first time buyer or investor looking for a rental property.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1978
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $461.0 / Month
Neighborhood Insights
San Juan Capistrano Unified Schools
San Juan Elementary School
Grades K-5 • 0.2 mi
4/10
Kinoshita Elementary School
Grades K-5 • 1.1 mi
3/10
Marco Forster Middle School
Grades 6-8 • 1.5 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.4 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,012 | 1,455.543 |
| Lot Size | - | 187,215.114 |
| Price | $545.0K | $901.6K |
| Price per sq ft | $539 | $625 |
| Built year | 1978 | 1984 |
| HOA | $461.0 | $483 |
| Days on market | 83 | 56 |
Pricing History
Listed for Sale
Aug 3, 2026
$545,000
Initial Listing
Sold
May 18, 2022
$445,000
Public Record