23240 Orange Avenue 2, Lake Forest, California 92630, Lake Forest, - bed, bath

home-pic
ACTIVE$525,000
23240 Orange Avenue 2, Lake Forest, California 92630
2Beds
2Baths
947Sqft
870,887Lot
Year Built
1980
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
-
HOA
$637
Days on market
-
Sold On
-
MLS number
OC25177553
Home ConditionFair
Features
Deck
View-

About this home

Freshly painted vacant upper unit ready for occupancy. Home has newer wood flooring throughout the main room, master bedroom and kitchen with nice clean carpeting in the smaller bedroom. The kitchen is to the rear with a large space for a big table and six or eight chairs. The kitchen cabinets have all been replaced and are in great condition with newer appliances included. There is also a large window in the kitchen, keeping it bright during the day. The association pool is at the fr end of this building, so the owner will have a short walk to use the pool but will not be affected by the people splashing and playing around in the pool. Parking is adequate in this association with an assigned carport for the first car and adequate unassigned spaces for the remaining vehicles. There are full sized hookups for a washer and dryer on the patio/deck so you will not have to use a laundromat.

Nearby schools

5/10
Los Alisos Intermediate School
Public,7-80.5mi
7/10
Mission Viejo High School
Public,9-122.0mi

Price History

Date
Event
Price
08/06/25
Listing
$525,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (74 Listings)
Beds22
50%
Baths22
50%
Square foot947981
39%
Lot Size870,887241,503
73%
Price$525K$615K
35%
Price per square foot$554$607
24%
Built year19801983
29%
HOA$637$473
95%
Days on market91166
12%
Condition Rating
Fair

Built in 1980, this property has received some updates such as replaced kitchen cabinets, 'newer' appliances (though the range appears older), and updated flooring in main areas and the master bedroom. However, the overall style of the kitchen and bathroom, the worn carpet in the second bedroom, and the unfinished laundry area indicate that while the home is maintained and move-in ready, the renovations are not recent or extensive enough to be considered 'Good' or 'Excellent'. The property shows signs of being aged with functional but outdated components, fitting the 'Fair' condition criteria.
Pros & Cons

Pros

Turnkey Condition & Modern Updates: The unit is freshly painted, vacant, and features newer wood flooring, replaced kitchen cabinets, and newer appliances, making it move-in ready with contemporary finishes.
Remodeled Kitchen: The kitchen has been significantly updated with replaced cabinets and newer appliances, offering a modern and functional space with ample room for dining.
In-Unit Laundry Hookups: The convenience of full-sized washer and dryer hookups on the patio/deck is a notable advantage, eliminating the need for shared laundry facilities.
Convenient & Quiet Pool Access: The association pool is ideally located for easy access without the typical noise disturbance, providing a desirable amenity.
Ample Parking: The property benefits from an assigned carport for the first vehicle and adequate unassigned spaces for additional cars, addressing a common concern in condominium living.

Cons

High Monthly Association Fee: The $637.0 monthly association fee is substantial and can significantly impact the overall cost of ownership and buyer affordability.
Older Building Age: Built in 1980, the building is over 40 years old. While the unit has interior updates, potential buyers may have concerns regarding the age of the overall building's infrastructure and potential future assessments.
Lack of Views: The property explicitly states 'View: None,' which may be a drawback for buyers seeking scenic outlooks or a more open feel from their unit.

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