54 Sandalwood, Aliso Viejo, California 92656, Aliso Viejo, 92656 - 2 bed, 3 bath
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Aliso Viejo, California 92656
This Value-Add Townhome represents a strategic Investor Opportunity with a List Price of $750,000. While currently priced above the $630,045 Fair Market Value, the property’s Poor Condition Rating and requirement for a full renovation allow for significant forced appreciation through capital improvements. The functional dual-primary bedroom layout and access to premium Glenwood Park amenities—including a pool and tennis courts—provide a strong foundation for a high-yield asset. Zoned for the 9/10 rated Aliso Niguel High School, this project is perfectly suited for Fix-and-Flip Investors or Contractors targeting the South Orange County market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 54 Sandalwood Subject | $750,000* List Price | 2 | 3 | 1,171 | $538 | - |
A 35 Southwind Sold | $901,000 | 3 | 3 | 1,499 | $601 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The listing explicitly states this is an 'Investor Opportunity' that 'needs a full renovation.' Built in 1988, the property has likely not been updated in over 30 years, and the description confirms it requires substantial rehabilitation and interior work to be brought up to modern living standards.
High School: Aliso Niguel High School (9/10).
The property is zoned for the prestigious Capistrano Unified School District, including the highly-rated Aliso Niguel High School, which carries a 9/10 rating.
The floor plan features dual primary bedrooms upstairs, offering a versatile living arrangement that is highly attractive for both roommates and small families.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4000, other record lot size in square feet = 3759. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1171, other record living area = 1352. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Marketed as an investor opportunity, the home requires a full interior renovation, which will necessitate significant additional capital and time investment.
The monthly association fee of $430 adds a substantial recurring expense to the carrying costs, which may impact overall affordability for some buyers.
* Investor Opportunity * This home needs a full renovation. Welcome to this well-located 2-bedroom, 2.5 bathroom townhome in the desirable Glenwood Park community of Aliso Viejo. Offering a functional floor plan with dual primary bedrooms and abundant natural light, this home presents a great opportunity for both owner-occupants and investors. The interior features a comfortable living area that opens to the dining space and kitchen, creating an easy flow for everyday living. Upstairs, you have dual master bedrooms for spacious and comfortable living. Residents of Glenwood Park enjoy access to a variety of community amenities, including a pool and spa, tennis courts, clubhouse, and well-maintained greenbelts with walking paths. Located within the Capistrano Unified School District, this property is zoned for Oak Grove Elementary School, Aliso Viejo Middle School, and Aliso Niguel High School. Conveniently situated near Aliso Viejo Town Center, parks, hiking trails, and major commuter routes including the 73 Toll Road and Interstate 5, this home offers both comfort and accessibility in a sought-after South Orange County location.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,171 | 1,250 | 27% |
| Lot Size | 4,000 | 2,949 | 53% |
| Price | $750.0K | $830.0K | 27% |
| Price per sq ft | $640 | $652 | 47% |
| Built year | 1988 | 1990 | 27% |
| HOA | $430.0 | $425 | 53% |
| Days on market | 6 | 160 | 7% |
Apr 16, 2026
$750,000
Initial Listing
May 28, 1999
$180,000
Public Record