23288 Orange Avenue 5, Lake Forest, California 92630, Lake Forest, - bed, bath
ACTIVE$375,000
23288 Orange Avenue 5, Lake Forest, California 92630
1Bed
1Bath
685Sqft
Lot
Year Built
1980
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
-
HOA
$637
Days on market
-
Sold On
-
MLS number
OC25231318
Home ConditionFair
Features
Patio
View-
About this home
Look no further than this charming 1 bed, 1 bath condo in the Aliso Creek Villas of Lake Forest. This home features updated vinyl flooring, an open living area, and a private patio. The spacious Primary bedroom offers an en-suite and walk-in closet. Laundry closet includes washer/dryer. Enjoy access to three community pools and a playground. This property is centrally located and close to nearby shopping centers, the Lake Forest Golf Course, and the 5 Freeway. This is a great opportunity to own a home at a great price!
Nearby schools
5/10
Los Alisos Intermediate School
Public,•7-8•0.5mi
7/10
Mission Viejo High School
Public,•9-12•2.0mi
Price History
Date
Event
Price
10/06/25
Listing
$375,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (72 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 18% |
| Baths | 1 | 2 | 34% |
| Square foot | 685 | 981 | 1% |
| Lot Size | 0 | 241,503 | |
| Price | $375K | $610K | 1% |
| Price per square foot | $547 | $607 | 21% |
| Built year | 1980 | 1983 | 30% |
| HOA | $637 | $475 | 95% |
| Days on market | 30 | 167 | 1% |
Condition Rating
Fair
The property was built in 1980, making it 44 years old. While the description mentions 'updated vinyl flooring,' the kitchen and bathroom clearly show signs of being significantly outdated. The kitchen features older light wood cabinets, basic tile flooring, and black appliances that are functional but not modern. The bathroom has a very dated tiled vanity, basic fixtures, and a strip light. Popcorn ceilings are visible throughout, indicating no major recent interior renovations. The home appears to be maintained and functional, but the key areas (kitchen and bathroom) would require substantial cosmetic updates to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Updated Interior: The condo features updated vinyl flooring, providing a modern and appealing aesthetic throughout the living space.
Community Amenities: Residents enjoy access to three community pools and a playground, enhancing lifestyle and recreational opportunities within the complex.
Convenient Location: Centrally located with easy access to shopping centers, Lake Forest Golf Course, and the 5 Freeway, offering excellent connectivity and convenience.
In-Unit Laundry: The inclusion of a laundry closet with a washer and dryer provides significant convenience for residents.
Private Outdoor Space: A private patio offers valuable personal outdoor space, a desirable feature for condo living.
Cons
High Association Fees: The monthly association fee of $637.0 is substantial for a 1-bedroom unit, potentially impacting affordability and long-term costs.
Limited Square Footage: With 685 square feet, the unit offers relatively compact living space, which may be a constraint for some buyers.
Building Age: Built in 1980, the property is over 40 years old, which could imply potential for older infrastructure or future maintenance needs.