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Closed
- Listed price
- $2,550,000
- Listed Aug 7, 2017
- Sold price
- $2,525,000
- Sold Nov 15, 2017
17,498 sqft lot|1977 Built|53 MLS days on market
24521 Raymond Way, Lake Forest, CA 92630
Property Description
Rare 8 unit multifamily investment opportunity in the city of Lake Forest located in the heart of South Orange County. Surrounded by the master planned communities of Irvine, Laguna Hills, and Mission Viejo, the tight supply of rentals in these markets makes these units easy to rent and command higher rents and income potential. Pride of Ownership, the property has been well cared for by the current ownership with several interior and exterior renovations completed that are evident throughout. Improvements include updated windows, kitchens, cabinets, bathrooms, remote access garage doors, exterior paint, asphalt resealing / stripping and much more. The oversized lot of roughly 17,498 square feet offers tenants plenty of open space and 2 parking spaces per unit. Other tenant amenities include patios or balconies, garages, carport parking, individual water heaters, and an on-site laundry facility (owned machines).
Listing agent: Ignacio Diaz Jr.DRE #01379930id@investmentcapitalre.com, Listing office: Investment Capital Real Estate
MLS data updated 10/31/2026, 3:38:31 PM PT
Source: CRMLSMLS #: NP17182057
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,525,000
Nov 15, 2017
Available records22017
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92630 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92630 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.