124 Tangelo 390, Irvine, California 92618, Irvine, 92618 - 2 bed, 1 bath
124 Tangelo 390
Irvine, California 92618
Property Price
SUMMARY
Analysis of 124 Tangelo 390, Irvine, California 92618 is currently available with a list price of $769,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1978, this condo has undergone extensive and recent renovations, bringing its interior condition to an excellent standard. The kitchen features new stainless steel appliances, modern white shaker cabinets, subway tile backsplash, and contemporary countertops. The bathroom boasts a fully tiled French walk-in shower with modern fixtures, a new vanity, and updated lighting. New laminate flooring is present throughout, and recessed lighting has been installed in key areas. These significant updates align with the 'extensively renovated within 5 years' criteria, making the property move-in ready with virtually new components in critical areas.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
- Waterfront Location & View
The property is a beautiful ground-level condo offering a direct water view from its spacious patio, enhancing its appeal and tranquility.
- Prime Irvine Location
Strategically located near top-rated schools (UCI, Irvine Valley College), major employers, world-class shopping, fine dining, and medical centers, offering unparalleled convenience.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fee
A significant monthly association fee of $500 adds a substantial recurring cost to homeownership, which potential buyers must factor into their budget.
- Older Building Age
Built in 1978, the property's age, despite recent cosmetic upgrades, may suggest older underlying infrastructure or potential for future maintenance concerns compared to newer constructions.
- Single Bathroom for Two Bedrooms
The unit features only one bathroom (a Jack and Jill style) for two bedrooms, which could be a functional limitation or inconvenience for multiple occupants or guests.
About 124 Tangelo 390
Beautiful Ground Level Condo with Water View! Prime location near many top rated schools, UCI,Pepperdine, Hong, Medical Center, world class shopping, golf,fine dining, and major employers. This upgraded condo features laminate flooring, new appliances,French walk in shower, custom mirror, custom built in shelving, and drawers in closets. Open floor plan with Jack and Jill bath, spacious patio overlooking the water, and parking right at your front door for added convenience. New appliances in unit ready and waiting for you. Minutes to the top rated Irvine Valley College. Perfect for summer nights! Rare Opportunity! This one won't last!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1978
- Lot Size
- 151,241 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $500.0 / Month
Neighborhood Insights
Irvine Unified Schools
Eastshore Elementary School
Grades K-6 • 1.1 mi
Lakeside Middle School
Grades 7-8 • 1.5 mi
Woodbridge High School
Grades 9-12 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 1.0 | 3.0 | 3% |
| Square foot | 868 | 2,035 | 1% |
| Lot Size | 151,241 | 1,620 | 93% |
| Price | $770.0K | $1.37M | 4% |
| Price per sq ft | $887 | $700 | 93% |
| Built year | 1978 | 2021 | 3% |
| HOA | $500.0 | $240 | 96% |
| Days on market | 243 | 190 | 79% |
Pricing History
No pricing history data available.