1327 Scholarship, Irvine, California 92612, Irvine, 92612 - 1 bed, 1 bath
1327 Scholarship
Irvine, California 92612
Property Price
SUMMARY
Analysis of 1327 Scholarship, Irvine, California 92612 is currently available with a list price of $610,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Built in 2006, this property falls within the 10-20 year age bracket for a 'good' rating. The interior is move-in ready and well-maintained with granite countertops and European-style cabinetry in both the kitchen and bathroom. While the black Whirlpool appliances and carpeting are slightly dated compared to brand-new luxury standards, they are functional and show minimal wear. The unit features energy-efficient dual-pane windows and access to high-quality community amenities, reflecting a well-preserved living space with no immediate need for major renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The Avenue One community offers an extensive array of amenities including a pool, spa, fitness center, indoor basketball court, putting green, and a media lounge, providing a high-end lifestyle for residents.
- Quiet Interior Location
Positioned on the third floor overlooking the inner courtyard, this unit offers a peaceful and serene setting that avoids the noise associated with street-facing properties.
- Modern Interior Finishes
The condo features contemporary updates such as granite countertops, sleek European-style cabinetry, and energy-efficient dual-pane windows, making it move-in ready.
CONSRISKS & DEFICIENCIES
- School District Ratings
The property is zoned for the Santa Ana Unified School District, which currently holds lower school ratings (3-4) compared to the highly-ranked Irvine Unified School District typically expected in this area.
- Extended Market Time
The history of multiple price reductions since the initial listing in July 2025 may create a perception of low demand or initial overpricing among savvy buyers.
- Compact Living Space
At 734 square feet for a one-bedroom unit, the living area may feel restrictive for buyers looking for more spacious layouts or additional storage capacity.
About 1327 Scholarship
Private and peaceful, this beautifully updated third-floor condo overlooks the quiet inner courtyard at Avenue One, offering a serene and tranquil setting. The spacious 1-bedroom, 1-bath home features approximately 734 square feet, an assigned parking space in the secured parking structure, granite countertops, sleek European-style cabinetry, all black Whirlpool appliances, a high/low double-basin stainless steel sink, and energy-efficient dual-pane windows that create a comfortable, retreat-like atmosphere. Enjoy resort-style amenities including a sparkling pool and spa, fitness center, indoor basketball court, business center, conference room, putting green, clubhouse, media lounge, billiards, BBQ area, and tot lot — all ideally located near the San Joaquin Nature Preserve, shopping, dining, and major freeways.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- 134,548 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $420.0 / Month
Neighborhood Insights
Irvine Unified Schools
Monroe Elementary School
Grades K-5 • 3.2 mi
Mcfadden Intermediate School
Grades 6-8 • 4.0 mi
Century High School
Grades 9-12 • 4.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 28% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 734 | 1,441 | 9% |
| Lot Size | 134,548 | 41,727 | 65% |
| Price | $610.0K | $970.0K | 11% |
| Price per sq ft | $831 | $747 | 72% |
| Built year | 2006 | 2003 | 65% |
| HOA | $420.0 | $588 | 20% |
| Days on market | 232 | 169 | 82% |
Pricing History
Listed for Sale
Feb 13, 2026
$610,000
$649,900
-6% Price Drop
Initial Listing
Price Change
Sep 6, 2025
$649,900
$668,000
-3% Price Drop
Initial Listing
Price Change
Aug 9, 2025
$668,000
Initial Listing
Price Change
Jul 18, 2025
$687,000
Initial Listing