24921 Muirlands #48 · Lake Forest, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 5/10 · Moderate
- Hot days now (above 91°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +26.5/30.0
- DSCR +9.0/10.0
- 1% rule +7.1/10.0
- Schools +5.6/10.0
- Livability +3.2/5.0
- Rent growth +3.1/5.0
- Condition / age +2.5/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$307,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to 24921 Muirlands # 48, located in the prestigious El Toro Mobile Estates in Lake Forest (Inside Address: 48 Palo Alto Lake Forest, CA 92630). This senior living community is conveniently situated just three minutes from the 5 Freeway off El Toro Rd. , near Laguna Woods, shopping, and dining. Senior Community, at least One resident must be 55 Years old+. This double-wide Boise Cascade/Pan American unit has been 100% renovated and stands as the most upgraded home in the park. Key features include: - Fresh interior and exterior paint - New laminate flooring throughout - New Windows & Doors - New Corian countertops in the kitchen and bathrooms - New recessed lighting - New backyard tarping - Two storage sheds at the end of the three-car carport TOTAL RENOVATIONS APPROXIMTLY $74,000. The land lease is exceptionally inclusive, covering all utilities, including sewer, water, gas, and electricity. Please let me know if you would like to schedule a viewing Mauricio 310-801-7626 or 909-287-4335
Key facts
- 9.8 acre lot
- 2 garage spots
- Community pool
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $307k.
Deal economics
- At list price, monthly cash flow is $808 ($10k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $307k).
- Recommended offer: $279k (9.0% below list) — sets the bar for market timing.
- Cap rate 9.5% vs local median 2.0% in Lake Forest — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 65/100 on livability (#387 in CA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing B; Watch: commute C-, amenities F, cost of living F.
- Saddleback Valley Unified (suburban): math 51% / reading 73% proficiency, ranked #67 of 517 in CA (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Ralph A. Gates Dli Magnet Elementary (940 students, 62% FRL); Los Alisos Intermediate (656 students, 74% FRL); Mission Viejo High (math 53% / reading 71%, grade B-, #190 of 1,170 statewide, top 17%, 1,646 students, 41% FRL) — zoned schools average 59% FRL vs 22% district-wide (37 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+2.5%/yr); 204 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).
- This rent runs 35% of the median local income ($126k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 98 days — a 9% lower offer ($279k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 26y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $65k; list at $307k implies a 373% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 98 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.21% ✓
- Cap rate
- 9.45%
- Cash-on-cash
- 11.28%
- DSCR
- 1.50
- GRM
- 6.9
CMA / ARV
- ARV (median comp)
- $226,598
- List price
- $307,000
- Delta
- 35.48%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 24921 Muirlands Blvd #58 | 0.07mi | 3/2.0 | 1,440 (0%) | 0mo | $254,000 | $176 | 96 |
| 24921 Muirlands Blvd #28 | 0.00mi | 2/2.0 (-1) | 1,440 (0%) | 1mo | $170,000 | $118 | 94 |
| 24921 Muirlands Blvd #209 | 0.07mi | 2/2.0 (-1) | 1,440 (0%) | 1mo | $152,500 | $106 | 91 |
| 24921 Muirlands Blvd #265 | 0.07mi | 2/2.0 (-1) | 1,440 (0%) | 2mo | $185,000 | $128 | 90 |
| 24921 Muirlands #13 | 0.07mi | 2/2.0 (-1) | 1,440 (0%) | 4mo | $175,000 | $122 | 89 |
| 24921 Muirlands Blvd #23 | 0.07mi | 2/2.0 (-1) | 1,488 (+3%) | 2mo | $199,000 | $134 | 85 |
| 24921 Muirlands blvd #78 | 0.00mi | 2/2.0 (-1) | 1,570 (+9%) | 3mo | $224,000 | $143 | 78 |
| 24922 Muirlands Blvd #57 | 0.22mi | 4/2.0 (+1) | 1,504 (+4%) | 3mo | $315,000 | $209 | 75 |
| 24922 Muirlands Blvd #115 | 0.22mi | 4/2.0 (+1) | 1,490 (+4%) | 6mo | $375,000 | $252 | 74 |
| 24701 Raymond Way #39 | 0.50mi | 2/2.0 (-1) | 1,440 (0%) | 5mo | $202,500 | $141 | 68 |
| 24922 Muirlands Blvd #103 | 0.16mi | 4/2.0 (+1) | 1,600 (+11%) | 8mo | $360,000 | $225 | 62 |
| 24701 Raymond Ave #120 | 0.38mi | 3/2.0 | 1,608 (+12%) | 2mo | $375,000 | $233 | 61 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 2.51% rent growth · sell at horizon
- IRR
- -0.0%
- Equity multiple
- 1.00×
- Total profit
- $-68
- Equity at exit
- $45,775
- IRR
- 9.1%
- Equity multiple
- 1.69×
- Total profit
- $59,016
- Equity at exit
- $26,544
Cash invested: $85,960 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 18 Strongly Tenant-Friendly
- State California
- 18 Strongly Tenant-Friendly · D+13
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 92630
- Rents YoY
- 2.5%
- Active inventory
- 204
- Price-to-rent
- 6.9×
Monthly cashflow live
- Estimated rent
- $3,708 high interval (Pro) →
- Mortgage (P&I)
- −$1,610
- Tax est. 1.5%
- −$384 /mo · $4,605/yr
- Insurance
- −$128
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$779
- Net cashflow
- $808
Break-even live
Sensitivity live
| Price | -10% $1,020 | -5% $914 | +0% $808 | +5% $702 | +10% $596 |
|---|---|---|---|---|---|
| Rent | -10% $515 | -5% $661 | +0% $808 | +5% $954 | +10% $1,101 |
| Rate | -1.0pp $962 | -0.5pp $886 | base $808 | +0.5pp $728 | +1.0pp $647 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $76,750
- Closing costs
- $9,210
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 23250 Orange Ave Lake Forest, CA | 2.0 | 2.0 | 947 | $2,995 | $3.16 | 26d | 1 | 0.19mi |
| 25092 Farthing St Lake Forest, CA | 1.0–2.0 | 1.0–2.0 | 881 | $3,278 | $3.72 | 0d | 5 | 0.54mi |
| 24022 Limb St Mission Viejo, CA | 4.0 | 2.0 | 1543 | $5,000 | $3.24 | 45d | 1 | 0.55mi |
| 6 Quinn Way Mission Viejo, CA | 3.0 | 3.5 | 1716 | $4,100 | $2.39 | 22d | 1 | 0.63mi |
| 62 Aliso Ridge Loop Mission Viejo, CA | 2.0 | 2.5 | 1560 | $3,795 | $2.43 | 26d | 1 | 0.64mi |
| 23151 Los Alisos Blvd Mission Viejo, CA | 1.0–3.0 | 1.0–2.0 | 1091 | $2,705 | $2.48 | 0d | 1 | 0.78mi |
| 24621 Overlake Dr Lake Forest, CA | 3.0 | 2.0 | 1677 | $4,350 | $2.59 | 26d | 1 | 0.90mi |
| 24391 Avenida de la Carlota Laguna Hills, CA | 1.0–2.0 | 1.0–2.0 | 957 | $3,965 | $4.14 | 0d | 19 | 1.04mi |
| 26075 Las Flores Unit b Mission Viejo, CA | 2.0 | 1.5 | 989 | $3,200 | $3.24 | 16d | 1 | 1.05mi |
| 22835 Islamare Ln Lake Forest, CA | 3.0 | 2.5 | 1860 | $6,600 | $3.55 | 14d | 1 | 1.06mi |
| 26037 Via Pera Unit K4 Mission Viejo, CA | 2.0 | 1.0 | 932 | $3,387 | $3.63 | 45d | 1 | 1.10mi |
| 23732 Aventura Mission Viejo, CA | 4.0 | 2.0 | 1538 | $4,600 | $2.99 | 45d | 1 | 1.12mi |
| 22892 Plainview Cir Lake Forest, CA | 3.0 | 2.0 | 1836 | $5,400 | $2.94 | 45d | 1 | 1.15mi |
| 23981 Crescent Rd Lake Forest, CA | 4.0 | 2.0 | 1540 | $4,700 | $3.05 | 5d | 1 | 1.15mi |
| 22602 Cottonwood Cir Lake Forest, CA | 3.0 | 2.0 | 1301 | $4,250 | $3.27 | 45d | 1 | 1.16mi |
| 26191 Sanz Unit D Mission Viejo, CA | 2.0 | 2.5 | 1000 | $3,250 | $3.25 | 22d | 1 | 1.18mi |
| 24555 Los Alisos Blvd Laguna Hills, CA | 2.0 | 2.0 | 1007 | $3,356 | $3.33 | 45d | 1 | 1.20mi |
| 24555 Los Alisos Blvd Laguna Hills, CA | 2.0 | 2.0 | 1014 | $3,250 | $3.21 | 16d | 1 | 1.20mi |
| 23333 Ridge Route Dr Lake Forest, CA | 1.0–2.0 | 1.0–2.0 | 892 | $3,100 | $3.47 | 4d | 9 | 1.24mi |
| 132 Avenida Majorca Unit B Laguna Woods, CA | 2.0 | 1.0 | 995 | $2,400 | $2.41 | 7d | 1 | 1.29mi |
| 24121 El Tiradore Cir Mission Viejo, CA | 4.0 | 2.5 | 1704 | $5,800 | $3.40 | 26d | 1 | 1.30mi |
| 158 Avenida Majorca Unit D Laguna Woods, CA | 2.0 | 1.0 | 1300 | $3,200 | $2.46 | 45d | 1 | 1.31mi |
| 22700 Lake Forest Dr Lake Forest, CA | 1.0–3.0 | 1.0–2.0 | 1008 | $4,040 | $4.01 | 0d | 1 | 1.32mi |
| 169 Avenida Majorca Unit B Laguna Woods, CA | 3.0 | 1.0 | 1200 | $1,400 | $1.17 | 45d | 1 | 1.36mi |
| 170 Avenida Majorca Unit D Laguna Woods, CA | 2.0 | 1.0 | 1000 | $2,500 | $2.50 | 26d | 1 | 1.37mi |
| 25885 Trabuco Rd #98 Lake Forest, CA | 2.0 | 1.5 | 1190 | $3,300 | $2.77 | 13d | 1 | 1.39mi |
| 24299 Paseo De Valencia Laguna Woods, CA | 2.0 | 2.0 | 1347 | $3,770 | $2.80 | 23d | 7 | 1.41mi |
| 205 Avenida Majorca Unit A Laguna Woods, CA | 2.0 | 2.0 | 1278 | $3,600 | $2.82 | 45d | 1 | 1.42mi |
| 254 Calle Aragon Unit D Laguna Woods, CA | 2.0 | 2.0 | 1009 | $3,000 | $2.97 | 19d | 1 | 1.43mi |
| 2022 Via Mariposa E Unit B Laguna Woods, CA | 2.0 | 2.0 | 1325 | $3,200 | $2.42 | 20d | 1 | 1.43mi |
| 74 Calle Aragon Unit A Laguna Woods, CA | 2.0 | 1.0 | 950 | $2,700 | $2.84 | 26d | 1 | 1.44mi |
| 2369 Via Mariposa E Unit 3H Laguna Woods, CA | 3.0 | 3.0 | 1663 | $3,750 | $2.25 | 45d | 1 | 1.45mi |
| 2369 Via Mariposa E Unit 1B Laguna Woods, CA | 2.0 | 2.0 | 1340 | $2,950 | $2.20 | 45d | 1 | 1.45mi |
| 2269 Via Puerta Unit N Laguna Woods, CA | 2.0 | 2.0 | 1057 | $2,700 | $2.55 | 20d | 1 | 1.45mi |
| 969 Calle Aragon Unit 1B Laguna Woods, CA | 2.0 | 2.0 | 1195 | $2,900 | $2.43 | 26d | 1 | 1.46mi |
| 25885 Trabuco Rd #235 Lake Forest, CA | 2.0 | 1.5 | 1190 | $2,980 | $2.50 | 26d | 1 | 1.46mi |
| 221 Avenida Majorca Unit D Laguna Woods, CA | 2.0 | 2.0 | 1438 | $3,200 | $2.23 | 26d | 1 | 1.46mi |
| 224 Avenida Majorca Unit B Laguna Woods, CA | 2.0 | 2.0 | 1009 | $2,600 | $2.58 | 45d | 1 | 1.46mi |
| 2022 Via Mariposa E Unit D Laguna Woods, CA | 2.0 | 2.0 | 1305 | $4,000 | $3.07 | 45d | 1 | 1.47mi |
| 2293 Via Puerta Unit O Laguna Woods, CA | 2.0 | 2.0 | 1057 | $3,100 | $2.93 | 20d | 1 | 1.48mi |
Listing history 31 events
-
2026-06-03days on market $307,000 Active 98 DOM
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2026-06-02days on market $307,000 Active 97 DOM
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2026-06-01days on market $307,000 Active 96 DOM
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2026-05-31days on market $307,000 Active 95 DOM
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2026-02-25$307,000 Active 1030-char remark
Show marketing remark (1030 chars)
Welcome to 24921 Muirlands # 48, located in the prestigious El Toro Mobile Estates in Lake Forest (Inside Address: 48 Palo Alto Lake Forest, CA 92630). This senior living community is conveniently situated just three minutes from the 5 Freeway off El Toro Rd. , near Laguna Woods, shopping, and dining. Senior Community, at least One resident must be 55 Years old+. This double-wide Boise Cascade/Pan American unit has been 100% renovated and stands as the most upgraded home in the park. Key features include: - Fresh interior and exterior paint - New laminate flooring throughout - New Windows & Doors - New Corian countertops in the kitchen and bathrooms - New recessed lighting - New backyard tarping - Two storage sheds at the end of the three-car carport TOTAL RENOVATIONS APPROXIMTLY $74,000. The land lease is exceptionally inclusive, covering all utilities, including sewer, water, gas, and electricity. Please let me know if you would like to schedule a viewing Mauricio 310-801-7626 or 909-287-4335
-
2026-02-16historical $307,000 1030-char remark
Show marketing remark (1030 chars)
Welcome to 24921 Muirlands # 48, located in the prestigious El Toro Mobile Estates in Lake Forest (Inside Address: 48 Palo Alto Lake Forest, CA 92630). This senior living community is conveniently situated just three minutes from the 5 Freeway off El Toro Rd. , near Laguna Woods, shopping, and dining. Senior Community, at least One resident must be 55 Years old+. This double-wide Boise Cascade/Pan American unit has been 100% renovated and stands as the most upgraded home in the park. Key features include: - Fresh interior and exterior paint - New laminate flooring throughout - New Windows & Doors - New Corian countertops in the kitchen and bathrooms - New recessed lighting - New backyard tarping - Two storage sheds at the end of the three-car carport TOTAL RENOVATIONS APPROXIMTLY $74,000. The land lease is exceptionally inclusive, covering all utilities, including sewer, water, gas, and electricity. Please let me know if you would like to schedule a viewing Mauricio 310-801-7626 or 909-287-4335
-
2019-07-05soldstatus $64,900 Closed Sale 464-char remark
Show marketing remark (464 chars)
So much potential!! 3 bedroom, 2 bath unit with spacious, open kitchen and family room. Master bedroom located opposite the other 2 bedrooms for maximum privacy. New flooring in bathrooms, new tub just put in master, new cabinets. .. includes washer, dryer and fridge!!!! Homey yard and brand new private personal deck . Nicely landscaped with low maintenance planting’s. Best priced 3 bedroom unit in the complex! Hurry. .. this one won’t last long.
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2019-06-22historical Active Under Contract 464-char remark
Show marketing remark (464 chars)
So much potential!! 3 bedroom, 2 bath unit with spacious, open kitchen and family room. Master bedroom located opposite the other 2 bedrooms for maximum privacy. New flooring in bathrooms, new tub just put in master, new cabinets. .. includes washer, dryer and fridge!!!! Homey yard and brand new private personal deck . Nicely landscaped with low maintenance planting’s. Best priced 3 bedroom unit in the complex! Hurry. .. this one won’t last long.
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2019-06-07price $64,900 464-char remark
Show marketing remark (464 chars)
So much potential!! 3 bedroom, 2 bath unit with spacious, open kitchen and family room. Master bedroom located opposite the other 2 bedrooms for maximum privacy. New flooring in bathrooms, new tub just put in master, new cabinets. .. includes washer, dryer and fridge!!!! Homey yard and brand new private personal deck . Nicely landscaped with low maintenance planting’s. Best priced 3 bedroom unit in the complex! Hurry. .. this one won’t last long.
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2019-05-13price $74,900 464-char remark
Show marketing remark (464 chars)
So much potential!! 3 bedroom, 2 bath unit with spacious, open kitchen and family room. Master bedroom located opposite the other 2 bedrooms for maximum privacy. New flooring in bathrooms, new tub just put in master, new cabinets. .. includes washer, dryer and fridge!!!! Homey yard and brand new private personal deck . Nicely landscaped with low maintenance planting’s. Best priced 3 bedroom unit in the complex! Hurry. .. this one won’t last long.
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2019-04-27price $79,900 464-char remark
Show marketing remark (464 chars)
So much potential!! 3 bedroom, 2 bath unit with spacious, open kitchen and family room. Master bedroom located opposite the other 2 bedrooms for maximum privacy. New flooring in bathrooms, new tub just put in master, new cabinets. .. includes washer, dryer and fridge!!!! Homey yard and brand new private personal deck . Nicely landscaped with low maintenance planting’s. Best priced 3 bedroom unit in the complex! Hurry. .. this one won’t last long.
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2019-04-05status Active 464-char remark
Show marketing remark (464 chars)
So much potential!! 3 bedroom, 2 bath unit with spacious, open kitchen and family room. Master bedroom located opposite the other 2 bedrooms for maximum privacy. New flooring in bathrooms, new tub just put in master, new cabinets. .. includes washer, dryer and fridge!!!! Homey yard and brand new private personal deck . Nicely landscaped with low maintenance planting’s. Best priced 3 bedroom unit in the complex! Hurry. .. this one won’t last long.
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2019-03-29status Pending Sale 464-char remark
Show marketing remark (464 chars)
So much potential!! 3 bedroom, 2 bath unit with spacious, open kitchen and family room. Master bedroom located opposite the other 2 bedrooms for maximum privacy. New flooring in bathrooms, new tub just put in master, new cabinets. .. includes washer, dryer and fridge!!!! Homey yard and brand new private personal deck . Nicely landscaped with low maintenance planting’s. Best priced 3 bedroom unit in the complex! Hurry. .. this one won’t last long.
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2019-03-27price $89,900 464-char remark
Show marketing remark (464 chars)
So much potential!! 3 bedroom, 2 bath unit with spacious, open kitchen and family room. Master bedroom located opposite the other 2 bedrooms for maximum privacy. New flooring in bathrooms, new tub just put in master, new cabinets. .. includes washer, dryer and fridge!!!! Homey yard and brand new private personal deck . Nicely landscaped with low maintenance planting’s. Best priced 3 bedroom unit in the complex! Hurry. .. this one won’t last long.
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2019-03-12$99,800 Active 464-char remark
Show marketing remark (464 chars)
So much potential!! 3 bedroom, 2 bath unit with spacious, open kitchen and family room. Master bedroom located opposite the other 2 bedrooms for maximum privacy. New flooring in bathrooms, new tub just put in master, new cabinets. .. includes washer, dryer and fridge!!!! Homey yard and brand new private personal deck . Nicely landscaped with low maintenance planting’s. Best priced 3 bedroom unit in the complex! Hurry. .. this one won’t last long.
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2015-05-01historical
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2015-04-30soldstatus $45,000 Closed Sale
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2015-04-13price $45,000
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2015-04-06price $48,000
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2015-03-27price $55,000
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2015-03-17$59,000 Active
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2013-08-09soldstatus $87,000 Closed
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2013-07-12status Pending
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2013-07-08price $87,000
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2013-06-24$84,000 Active
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2013-04-09historical
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2012-09-16$79,900 Active
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2012-08-09historical
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2011-02-16$79,900 Active
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2000-09-08soldstatus $60,000
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2000-06-13$62,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 5/10 Major 7 d/yr ≥91°F today · 22 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $44,496
- − Mortgage interest
- −$17,197
- − Property taxes
- −$4,605
- − Insurance
- −$1,535
- − Repairs & maintenance
- −$3,560
- − Management
- −$3,560
- − Depreciation
- −$8,931
- Taxable income
- $5,109
- Est. tax owed @ 24.0%
- −$1,226
- After-tax cash flow
- $8,466/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Saddleback Valley Unified
- NCES district ID
- 0633860
- Math proficiency
- 51% ▼ -2.00%
- Reading proficiency
- 73% ▲ 9.00%
- Median HH income
- $85,577
- Composite
- 56.05/100
- National rank
- #1185
- State rank
- #67 of 517 in CA
Livability — Lake Forest
- Score
- 65/100
- State rank
- #387
- US rank
- #13130
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Lake Forest, CA
- County
- Orange County · 3,096,323 people
- City population
- 80,019
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Population (ZIP)
- 67,152
- Household income
- $125,853
- Rent vs Own
- Severe rent burden
- 2412.0
Population outlook (Orange County) Hauer SSP2
- Today (2025)
- 3,477,456 people
- By 2030
- 3,613,117 · +3.9%
- By 2040
- 3,835,945 · +10.3%
- By 2050
- 3,968,736 · +14.1%
- By 2075
- 4,097,053 · +17.8%
- By 2100
- 3,903,633 · +12.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.67)
- Race & ethnicity
- White 47% Hispanic / Latino 27% Asian 19% Two or more races 16% Black 2% Native American 1%
- Hispanic origin (detail)
- Mexican 21%
- Common ancestry
- Slovak 2% Lithuanian 2% Romanian 2%
- Foreign-born
- 28% · Canada, China, Vietnam
- Languages at home
- 62% English-only · Spanish 18% Chinese 4% Other Indo-European 4%
Political lean MEDSL · Orange
- 2024 margin
- Toss-up / Even · D 49.7% · R 47.1% · Other 3.2%
- 2008→2024 swing
- +5.2pp toward D · 2008: -2.6pp · 2024: 2.6pp
- All cycles
- 2024: D+2.6 2020: D+9.0 2016: D+7.7 2012: R+8.3 2008: R+2.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -866.99%
- Current HPI
- 436.6189
- Rent YoY
- ▲ 2.51%
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
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| Financial Services | 3 | $174B |
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| Retail | 3 | $44B |
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+395.2% since first listed27 events — show timeline
- 2026-02-25 Listed $307,000 CRMLS
- 2026-02-16 Coming Soon $307,000 CRMLS
- 2019-07-05 Sold (MLS) $64,900 CRMLS
- 2019-06-22 Contingent — CRMLS
- 2019-06-07 Price Changed $64,900 CRMLS
- 2019-05-13 Price Changed $74,900 CRMLS
- 2019-04-27 Price Changed $79,900 CRMLS
- 2019-04-05 Relisted — CRMLS
- 2019-03-29 Pending — CRMLS
- 2019-03-27 Price Changed $89,900 CRMLS
- 2019-03-12 Listed $99,800 CRMLS
- 2015-05-01 Listing Removed — CRMLS
- 2015-04-30 Sold (MLS) $45,000 CRMLS
- 2015-04-13 Price Changed $45,000 CRMLS
- 2015-04-06 Price Changed $48,000 CRMLS
- 2015-03-27 Price Changed $55,000 CRMLS
- 2015-03-17 Listed $59,000 CRMLS
- 2013-08-09 Sold (MLS) $87,000 CRMLS
- 2013-07-12 Pending — CRMLS
- 2013-07-08 Price Changed $87,000 CRMLS
- 2013-06-24 Listed $84,000 CRMLS
- 2013-04-09 Listing Removed — CRMLS
- 2012-09-16 Listed $79,900 CRMLS
- 2012-08-09 Listing Removed — CRMLS
- 2011-02-16 Listed $79,900 CRMLS
- 2000-09-08 Sold (MLS) $60,000 CRMLS
- 2000-06-13 Listed $62,000 CRMLS
Property tax history
-14.6%/yrLatest (2025): $6 · -0.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…