15432 Cherbourg Avenue, Irvine, California 92604, Irvine, 92604 - 4 bed, 3 bath
Loading property details...
15432 Cherbourg Avenue
Irvine, California 92604
ACTIVE
CONDITION: POOR
4Beds
3Baths
2,086Sq Ft
5,542Lot Size
Property Price
LIST PRICE$1,695,000
EST. MARKET VALUE
$1,535,585
10% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,775,000—positioned well above the $1,594,499 Fair Market Value by -11%. While the pricing reflects a premium for the coveted "The Ranch" location, the Condition Rating of 5 necessitates a comprehensive renovation. The home features a large backyard with a pool & spa and a 3-car garage, providing a solid foundation for value-add improvements. With access to Irvine High School (9/10), this is an ideal project for Fix-and-Flip Investors or Owner-Occupants seeking a custom renovation.
Estimated Market Value
$1,535,585
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15432 Cherbourg Avenue Subject | $1,695,000* List Price | 4 | 3 | 2,086 | $736 | - |
A 4382 Skylark Street Active | $1,499,000 List Price | 4 | 2 | 1,704 | $880 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1969 and described as 'mostly original,' this property exceeds the 30-50 year threshold for original finishes. The kitchen features dated oak cabinetry and fluorescent light boxes, while the interior shows aging carpets and wood-paneled walls. The listing explicitly states it is an 'As-Is' opportunity for a full custom update, indicating a need for a complete rehab of cosmetic surfaces and likely aging systems.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Irvine High School (9/10).
- Prime Location & Top-Rated Schools
Situated in the highly coveted 'The Ranch' neighborhood of Irvine, the property offers access to top-tier schools like Irvine High (Rating 9), ensuring long-term value and desirability.
- Private Outdoor Oasis
The residence features a large backyard complete with a private pool and spa, a premium amenity that enhances the Southern California lifestyle and entertainment potential.
CONSRISKS & DEFICIENCIES
- Original Condition
The property is described as 'mostly original,' indicating that significant modernization and capital expenditure are required to bring the home up to contemporary standards.
- As-Is Sale Requirement
Being sold in 'As-Is' condition, the buyer must assume all responsibility for repairs and upgrades, which may lead to higher upfront costs and potential hidden maintenance issues.
About 15432 Cherbourg Avenue
Great opportunity to make this your own dream home in the coveted THE RANCH neighborhood! This property is mostly original, offering an excellent opportunity for Buyers to update and customize to their taste. Home is 4 bedrooms, 2 and half baths, 3 car garage, large backyard with a pool & spa. Conveniently located near schools, shopping, restaurants, entertainment, and freeway access, this residence is also just a short drive from John Wayne Airport. Don't miss the opportunity to make this home yours with your own final touches. Property is being sold'As-Is'...
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 5,542 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Irvine Unified Schools
Deerfield Elementary School
Grades K-6 • 0.8 mi
7/10
Greentree Elementary School
Grades K-6 • 1.0 mi
6/10
Venado Middle School
Grades 7-8 • 0.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,086 | 2,517 |
| Lot Size | 5,542 | 4,991 |
| Price | $1.70M | $2.12M |
| Price per sq ft | $813 | $868 |
| Built year | 1969 | 1999 |
| HOA | $0 | $193 |
| Days on market | 27 | 53 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,695,000
$1,775,000
-5% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$1,775,000
Initial Listing