1404 Scholarship, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
Loading property details...
Irvine, California 92612
This Top-Floor Penthouse End-Unit is listed at $840,000—positioned well below the $854,728 Fair Market Value by 1%, offering $14,728 in Instant Equity. Boasting a Good Condition Rating, the residence features a two-story layout with a large loft, granite kitchen, and brand-new carpeting. Residents enjoy rare convenience with side-by-side parking on the same level and access to resort-style amenities like an indoor basketball court. Reflecting stable market trends, this turnkey home is an ideal match for Urban Professionals or Owner-Occupants seeking a sophisticated lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1404 Scholarship Subject | $840,000* List Price | 2 | 2 | 1,274 | $671 | - |
A 2380 Scholarship Sold | $980,000 | 3 | 2 | 1,345 | $729 | 0.1 mi |
B 3131 Michelson Drive 606 Sold | $873,000 | 2 | 2 | 1,330 | $656 | 0.6 mi |
C 3131 Michelson Drive 706 Sold | $850,000 | 2 | 2 | 1,330 | $639 | 0.6 mi |
D 2405 Watermarke Place Sold | $800,000 | 2 | 2 | 1,137 | $704 | 0.2 mi |
E 3300 Watermarke Place Sold | $775,000 | 2 | 2 | 1,137 | $682 | 0.2 mi |
F 2337 Watermarke Sold | $830,000 | 2 | 2 | 1,148 | $723 | 0.2 mi |
G 3134 Watermarke Place Active Under Contract | $765,000 List Price | 2 | 2 | 1,260 | $607 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is approximately 17 years old, placing it firmly in the 'Good' category. It is well-maintained and move-in ready with brand new carpeting, a functional kitchen featuring granite countertops and stainless steel appliances, and systems that appear consistent with the building's age.
This top-floor penthouse features soaring two-story ceilings and a versatile large loft, offering a spacious, light-filled environment with the added privacy of an end-unit location facing a quiet interior street.
The unit includes two side-by-side covered parking spaces located on the same floor as the condo, providing rare and seamless access from the gated garage to the front door without needing an elevator.
Located in the exclusive Avenue One community, residents have access to premium facilities including an indoor basketball court, tennis court, gym, and pool, all within close proximity to UCI and Newport Beach.
The association fee is $728 per month, which represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
While located in Irvine, the property is served by the Santa Ana Unified School District with school ratings ranging from 3 to 4, which may be less desirable for families seeking the top-tier Irvine Unified schools.
This very large 1,275 sqft TOP FLOOR PENTHOUSE end unit that faces QUIET interior street, 2 Bedrooms & a LOFT is located within the exclusive Avenue One Community right off Jamboree Road. The condo unit is a 2BR/2BA, with a 2-story high ceiling in the living room area, a LARGE LOFT almost the size of a full bedroom, a patio and lots of windows for great lighting. Bedrooms are on first level and the large loft is on the second floor. Hardwood floor in the kitchen area with granite counter tops and sleek, modern style cabinets. Also includes stainless steel kitchen appliances, a pull-down kitchen faucet, and a stacked washer dryer unit. Brand new carpeting and all the windows have blinds for privacy. Two side by side COVERED assigned parking inside GATED enclosed garage conveniently LOCATED on the SAME 4th FLOOR LEVEL as the condo. Tenant occupied, lease will expire June 20th. The Avenue One Community has resort-like amenities including a swimming pool, clubhouse, conference room, BBQ station, a workout gym, an indoor basketball and a tennis court. Property is within close proximity of John Wayne Airport, University of California – Irvine, Fashion Island and Newport Beach.
No exterior & parking available.
Grades K-5 • 3.2 mi
Grades 6-8 • 4.0 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,274 | 1,447 | 39% |
| Lot Size | 134,548 | 51,599 | 67% |
| Price | $840.0K | $980.0K | 39% |
| Price per sq ft | $659 | $725 | 21% |
| Built year | 2007 | 2003 | 75% |
| HOA | $728.0 | $588 | 78% |
| Days on market | 8 | 188 | 1% |
Apr 14, 2026
$840,000
Initial Listing
Sep 24, 2019
$580,000
Public Record
Aug 5, 2016
$500,000
Public Record
Jul 12, 2006
$671,000
Public Record