19 Palmento Way, Irvine, California 92612, Irvine, 92612 - 3 bed, 3 bath
19 Palmento Way
Irvine, California 92612
Property Price
SUMMARY
Analysis of 19 Palmento Way, Irvine, California 92612 is currently available with a list price of $1,200,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1966 and described as being in 'original condition,' this property requires substantial rehabilitation. The kitchen, bathrooms, and interior finishes are significantly outdated, and the listing explicitly markets the home as a 'blank canvas' for a full renovation. Given the age and lack of updates, major systems are likely at the end of their functional lifespan, necessitating a significant capital investment to meet modern living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
- Prime Location & Top-Tier Schools
Situated in the highly desirable University Park area, the property offers access to award-winning schools including University High and is conveniently close to major shopping, dining, and recreational trails.
- Significant Value-Add Potential
As a 'blank canvas' in original condition, this home provides a rare opportunity for investors or buyers to customize the space and build substantial equity through a thoughtful renovation.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The property is in original 1966 condition and sold 'as-is,' necessitating a significant immediate capital investment to modernize the interior, systems, and fixtures.
- Probate Sale Complexity
As a probate sale, the transaction may involve more rigid terms and potentially more complex legal procedures compared to a standard residential real estate transaction.
About 19 Palmento Way
This townhome offers a solid opportunity for buyers looking to renovate and customize a home in the desirable University Park area of Irvine. The residence features a functional floor plan with generous living and dining areas, a central kitchen, multiple bedrooms, and a private fenced backyard adjacent to a greenbelt.The home is in original condition and ready for updating, providing a blank canvas for a thoughtful remodel. Spacious rooms, ample storage, and an attached garage offer a strong foundation for improvement.Community amenities include a pool and tennis courts, along with well-maintained common areas. The property is conveniently located near parks, shopping, dining, and major transportation routes, with access to Irvine's broader network of trails and open spaces.Nearby award-winning schools include University Park Elementary, Rancho San Joaquin Middle School, and University High School.Well suited for buyers seeking a renovation project in a highly regarded Irvine location. Property is a probate sale and is being sold as-is. ALL OFFERS DUE BY 5:00P, WEDNESDAY, FEBRUARY 11, 2026
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1966
- Lot Size
- 3,232 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $190.0 / Month
Neighborhood Insights
Irvine Unified Schools
University Park Elementary School
Grades K-6 • 0.2 mi
Rancho San Joaquin Middle School
Grades 7-8 • 0.7 mi
University High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 80% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,749 | 1,441 | 78% |
| Lot Size | 3,232 | 41,727 | 46% |
| Price | $1.20M | $980.0K | 71% |
| Price per sq ft | $686 | $746 | 29% |
| Built year | 1966 | 2003 | 2% |
| HOA | $190.0 | $588 | 9% |
| Days on market | 32 | 169 | 2% |
Pricing History
Listed for Sale
Feb 3, 2026
$1,200,000
Initial Listing