15 Mecklenberg, Irvine, California 92620, Irvine, 92620 - 3 bed, 3 bath
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Irvine, California 92620
This property presents a High-Potential Investment Opportunity with a List Price of $1,299,000—positioned well below the $1,335,687 Fair Market Value by 2%. This valuation gap offers $36,687 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires a full renovation, providing a blank canvas for forced appreciation. Located in the Irvine Unified School District with access to top-rated schools, this is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15 Mecklenberg Subject | $1,299,000* List Price | 3 | 3 | 1,945 | $687 | - |
A 2 Shelby Sold | $1,280,000 | 3 | 2 | 1,538 | $832 | 0.8 mi |
B 5 Eden Active | $1,588,000 List Price | 3 | 3 | 1,915 | $829 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 and explicitly described as being in 'original condition,' this 49-year-old home requires a full rehab. The interior features dated 1970s cabinetry, fixtures, and finishes, fitting the criteria for a property needing significant renovation.
Elementary School: Santiago Hills Elementary School (9/10). Middle School: Sierra Vista Middle School (9/10). High School: Northwood High School (9/10).
The property is situated within the highly acclaimed Irvine Unified School District and is zoned for top-rated institutions like Northwood High School, providing exceptional long-term value and appeal to families.
Offered in original condition, this home serves as a blank canvas for renovation, allowing an investor or owner-user to customize the space and build immediate equity in a high-demand neighborhood.
The home is in original 1977 condition, meaning buyers will need to budget for a comprehensive remodel of the kitchen, bathrooms, and flooring to meet modern standards.
Given the property's age and 'original' status, there is a high likelihood that major systems such as HVAC, plumbing, or electrical may require inspection and costly upgrades.
Unlock the potential of this exceptional opportunity in the heart of Irvine! Nestled in one of the city's most desirable neighborhoods and located within an award-winning school district, this 3-bedroom, 2.5-bathroom single-family home offers an incredible chance to create your dream home or make a smart investment. Situated on a quiet residential street, the home features a spacious floor plan with generous living areas and a functional layout ready for your personal vision. While the property is in original condition and awaits updating, it provides the perfect canvas for renovation, allowing you to customize every detail to suit your style. Enjoy the convenience of Irvine's central location, with easy access to top-rated schools, parks, beaches, shopping, dining, major freeways, and nearby employment centers. Whether you're an investor looking for your next project or a buyer eager to build equity in one of Southern California's most sought-after communities, this home presents an outstanding opportunity. Bring your imagination and transform this hidden gem into something truly special. Homes with this combination of location, potential, and value are a rare find—don't miss your chance to make it your own!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,945 | 2,486 |
| Lot Size | 5,003 | 4,950 |
| Price | $1.30M | $2.08M |
| Price per sq ft | $668 | $872 |
| Built year | 1977 | 1999 |
| HOA | $0 | $190 |
| Days on market | 6 | 50 |
Jul 16, 2026
$1,299,000
Initial Listing