1320 Scholarship, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath

1320 Scholarship, Irvine, California 92612 home-pic-0
ACTIVE$798,000$1,052/sqft
1320 Scholarship, Irvine, California 92612
2Beds
2Baths
1,052Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Irvine Location: Strategically located in the heart of the Irvine business district, offering exceptional proximity to Newport Beach, South Coast Plaza, and the Irvine Spectrum, appealing to a broad range of buyers.
Top Cons:
High Monthly Association Fee: The $601.0 monthly association fee is substantial and adds significantly to the overall cost of homeownership.

Compared to the nearby listings

Price:$798.0K vs avg $975.0K ($-177,000)23%
Size:1,052 sqft vs avg 1,444 sqft25%
Price/sqft:$759 vs avg $74656%

More Insights

Built in 2006 (20 years old).
Condition: Built in 2006, this condo is 18 years old and falls within the 'Good' category for its age. The property is move-in ready, featuring well-maintained interiors with designer paint, European cabinetry, and granite slab counters in both the kitchen and bathrooms. The kitchen includes a modern stainless steel range, though the microwave appears slightly older. Bathrooms are clean with consistent finishes. While the unit is carpeted throughout, it appears clean and well-kept. All major systems seem functional with minimal wear and tear, requiring no immediate renovations.
Year Built
2006
Close
-
List price
$798K
Original List price
$798K
Price/Sqft
$759
HOA
$601
Days on market
-
Sold On
-
MLS number
OC26001860
Home ConditionGood
Features
Good View: City Lights
Deck
Pool
Spa
ViewCity Lights

About this home

Two bed and two full bath luxury condo in the heart of the Irvine business district, just down the road from Newport Beach, and minutes to South Coast Plaza, the Irvine Spectrum and much, much more. The unit is carpeted and includes designer paint throughout, European cabinetry, granite slab counters in the kitchen and bathrooms, separate washer and dryer in unit, dual glazed energy efficient windows and much more; all encompassed in a world class resort style community with a junior Olympic pool and spa, indoor basketball court, fitness center, and business center with a boardroom all secured by 24 hour on site security. Separate on-site storage unit is available for sale (not included in the listing price).

P
Patricia Chang
Listing Agent

Nearby schools

4/10
Monroe Elementary School
Public,K-53.2mi
3/10
Mcfadden Intermediate School
Public,6-84.0mi
3/10
Century High School
Public,9-124.3mi

Price History

Date
Event
Price
12/27/07
Sold
$405,500
Condition Rating
Good

Built in 2006, this condo is 18 years old and falls within the 'Good' category for its age. The property is move-in ready, featuring well-maintained interiors with designer paint, European cabinetry, and granite slab counters in both the kitchen and bathrooms. The kitchen includes a modern stainless steel range, though the microwave appears slightly older. Bathrooms are clean with consistent finishes. While the unit is carpeted throughout, it appears clean and well-kept. All major systems seem functional with minimal wear and tear, requiring no immediate renovations.
Pros & Cons

Pros

Prime Irvine Location: Strategically located in the heart of the Irvine business district, offering exceptional proximity to Newport Beach, South Coast Plaza, and the Irvine Spectrum, appealing to a broad range of buyers.
Luxury Resort-Style Amenities: The community provides a world-class living experience with a junior Olympic pool, spa, indoor basketball court, fitness center, business center, and 24-hour on-site security.
Modern Interior Appointments: The unit features designer paint, European cabinetry, granite slab counters in the kitchen and bathrooms, and an in-unit washer and dryer, reflecting contemporary finishes.
Desirable City Lights View: The property offers attractive city lights views, enhancing its aesthetic appeal and providing a pleasant living environment.
Energy Efficient Features: Equipped with dual glazed energy-efficient windows, contributing to potential savings on utility costs and improved indoor comfort.

Cons

High Monthly Association Fee: The $601.0 monthly association fee is substantial and adds significantly to the overall cost of homeownership.
Carpeted Flooring: The unit is carpeted throughout, which may be considered less desirable or modern compared to hard surface flooring by some luxury condo buyers.
Additional Cost for Storage: A separate on-site storage unit is available for sale but not included in the listing price, representing an extra expense for buyers requiring additional storage.
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