34 Rosa 3, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 1 bed, 1 bath
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34 Rosa 3
Rancho Santa Margarita, California 92688
ACTIVE
CONDITION: GOOD
1Beds
1Baths
418Sq Ft
0Lot Size
Property Price
LIST PRICE$375,000
EST. MARKET VALUE
$336,508
11% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is listed at $375,000, which sits above the $336,508 Fair Market Value. While not a discount play, the property offers a Condition Rating of 3, featuring modern upgrades like vinyl plank flooring, smart switches, and a newer HVAC system. Located in the Las Flores community, residents enjoy access to a pool, spa, and proximity to O'Neill Regional Park. With its low HOA and tax rate, this move-in-ready home provides a stable, low-maintenance lifestyle. It is an ideal acquisition for first-time buyers or single professionals seeking a convenient, updated residence.
Estimated Market Value
$336,508
Based on Realkey algorithm analyzing recent comparable sales in Rancho Santa Margarita.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34 Rosa 3 Subject 1 bd · 1 ba · 418 sqft · $805 | $375,000* List Price | 1 | 1 | 418 | $805 | - |
A 43 Via Cresta Sold 1 bd · 1 ba · 547 sqft · $713 · 0.7 mi | $390,000 | 1 | 1 | 547 | $713 | 0.7 mi |
B 23 Via Prado Sold 1 bd · 1 ba · 547 sqft · $667 · 0.7 mi | $365,000 | 1 | 1 | 547 | $667 | 0.7 mi |
C 75 Via Meseta Active 1 bd · 1 ba · 547 sqft · $768 · 0.8 mi | $419,999 List Price | 1 | 1 | 547 | $768 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1986, the property is well-maintained and move-in ready with significant recent updates. Key improvements include a newer HVAC system, new smart electrical switches, and modern vinyl plank flooring. The bathroom features an updated vanity with stone countertops, and the overall interior condition reflects a renovation within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The home is offered fully furnished and features modern upgrades including vinyl plank flooring, smart switches, and a newer HVAC system, providing a move-in-ready experience.
- Prime Location & Amenities
Situated in the Las Flores community near RSM Lake and the Beach Club, the property benefits from low HOA fees, a low tax rate, and proximity to major transportation routes.
- Enhanced Interior Volume
Vaulted ceilings and an open floor plan help maximize the living space, while the inclusion of in-unit laundry and a private storage closet adds significant daily convenience.
CONSRISKS & DEFICIENCIES
- Extremely Limited Square Footage
At only 418 square feet, the property is exceptionally compact, which may limit its appeal to a narrow demographic of single occupants or investors.
- Minimal Parking Provisions
The property offers only one carport space and lacks a private garage, which could be a drawback for residents with multiple vehicles or significant storage needs.
About 34 Rosa 3
Welcome to the Las Flores community in Rancho Santa Margarita. This fully furnished lower level one bedroom, one bathroom home features a one carport space, inviting front porch, and spacious storage closet. The interior offers vaulted ceilings, vinyl plank flooring, new smart switches and outlets, and a newer air conditioning and furnace system. The open floor plan provides defined living and bedroom areas, while the kitchen features bar seating and an included refrigerator. In unit laundry with an included washer and dryer adds everyday convenience. Residents can enjoy the community pool and spa. Conveniently located near shopping, dining, RSM Lake, Beach Club, parks, recreational amenities, and major transportation routes. The home is also close to O'Neill Regional Park and offers easy access to the 241 Foothill Transportation Corridor. Additional features include a low HOA fee and low tax rate. Don't miss this opportunity to enjoy the convenience and amenities of Rancho Santa Margarita!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $357.0 / Month
Neighborhood Insights
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 | 418 | 1,056.017 |
| Lot Size | - | 26,968.576 |
| Price | $375.0K | $672.1K |
| Price per sq ft | $897 | $625 |
| Built year | 1986 | 1990 |
| HOA | $357.0 | $470 |
| Days on market | 20 | 54 |
Pricing History
Listed for Sale
Oct 5, 2026
$375,000
Initial Listing
Sold
Oct 7, 2019
$247,000
Public Record
Sold
Jul 21, 2006
$205,000
Public Record
Sold
Nov 8, 2002
$124,000
Public Record
Sold
Jun 9, 2000
$70,000
Public Record