1106 Scholarship, Irvine, California 92612, Irvine, 92612 - 1 bed, 1 bath
ACTIVE$575,000
1106 Scholarship, Irvine, California 92612
1Bed
1Bath
734Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Premier Irvine Location: Located in Irvine, a highly desirable city, within a 'Premier Community' known for its vibrant and amenity-rich environment.
Top Cons:
Significant Price Reductions: The property has undergone multiple substantial price reductions from its original list price of $678,800 to $575,000, which may indicate challenges in market valuation or buyer interest.
Compared to the nearby listings
Price:$575.0K vs avg $980.0K ($-405,000)6%
Size:734 sqft vs avg 1,441 sqft7%
Price/sqft:$783 vs avg $75157%
More Insights
Built in 2006 (19 years old).
Condition: The property was built in 2006, making it 18 years old, which aligns with the 'Good' category's age criteria. The listing explicitly states it's a 'beautifully upgraded' condo with 'brand-new luxury vinyl flooring' and a 'tastefully remodeled bathroom with quality finishes.' The kitchen features elegant maple cabinetry and granite countertops. While the kitchen appliances (black dishwasher, white refrigerator) and the stacked washer/dryer appear functional, they are not high-end or brand new, preventing an 'Excellent' rating. However, the significant recent updates to flooring and the bathroom, combined with the overall well-maintained appearance in the images, indicate a move-in ready condition with minimal wear and tear.
Year Built
2006
Close
-
List price
$575K
Original List price
$679K
Price/Sqft
$783
HOA
$600
Days on market
-
Sold On
-
MLS number
OC25146923
Home ConditionGood
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt
About this home
Stylish Ground-Level Condo in a Premier Community! Experience effortless living in this beautifully upgraded single-story condo, ideally located on the ground level for ultimate convenience. The open-concept floor plan features a spacious primary suite and a private covered patio, perfect for relaxing or entertaining. The kitchen boasts elegant maple cabinetry, granite countertops, and brand-new luxury vinyl flooring that flows seamlessly into the expansive living area ideal for hosting friends and family. The bathroom has also been tastefully remodeled with quality finishes. Residents enjoy access to resort-style amenities, including a sparkling pool and spa, BBQ's, fully equipped fitness center, indoor basketball court, clubhouse with kitchen, meeting rooms, electric car charging and more. Don’t miss your opportunity to own this exceptional home in a vibrant, amenity-rich community! Also a Great Investment Opportunity.
Nearby schools
4/10
Monroe Elementary School
Public,•K-5•3.2mi
3/10
Mcfadden Intermediate School
Public,•6-8•4.0mi
3/10
Century High School
Public,•9-12•4.3mi
Condition Rating
Good
The property was built in 2006, making it 18 years old, which aligns with the 'Good' category's age criteria. The listing explicitly states it's a 'beautifully upgraded' condo with 'brand-new luxury vinyl flooring' and a 'tastefully remodeled bathroom with quality finishes.' The kitchen features elegant maple cabinetry and granite countertops. While the kitchen appliances (black dishwasher, white refrigerator) and the stacked washer/dryer appear functional, they are not high-end or brand new, preventing an 'Excellent' rating. However, the significant recent updates to flooring and the bathroom, combined with the overall well-maintained appearance in the images, indicate a move-in ready condition with minimal wear and tear.
Pros & Cons
Pros
Premier Irvine Location: Located in Irvine, a highly desirable city, within a 'Premier Community' known for its vibrant and amenity-rich environment.
Extensive Resort-Style Amenities: Residents enjoy access to a wide array of resort-style amenities including a pool, spa, BBQs, fitness center, indoor basketball court, clubhouse with kitchen, meeting rooms, and electric car charging.
Modern & Upgraded Interior: The condo features a beautifully upgraded interior with elegant maple cabinetry, granite countertops, brand-new luxury vinyl flooring, and a tastefully remodeled bathroom with quality finishes.
Ground-Level & Single-Story Convenience: Its ground-level, single-story layout offers ultimate convenience and accessibility, appealing to a broad range of buyers.
Strong Investment Potential: Explicitly highlighted as a 'Great Investment Opportunity,' suggesting potential for rental income or future appreciation.
Cons
Significant Price Reductions: The property has undergone multiple substantial price reductions from its original list price of $678,800 to $575,000, which may indicate challenges in market valuation or buyer interest.
High Monthly Association Fees: A monthly association fee of $600 is a considerable ongoing expense, which could impact affordability and overall cost of ownership for a 1-bedroom unit.
Compact Living Space: With 734 square feet, the property offers a compact living space, which might be a limiting factor for buyers seeking more expansive accommodations.