199 Bowery, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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Irvine, California 92612
This Modern 2015 Condominium is a Prime Investment Opportunity, listed at $850,000—positioned well below the $881,115 Fair Market Value by 3%. This valuation gap offers $31,115 in Instant Equity for buyers. Boasting a Well-Maintained Condition Rating, the home features a modern kitchen with quartz countertops, subway tile backsplash, and premium stainless steel appliances. Located in Irvine’s strategic Airport Area, it provides seamless access to the I-405 and high-end dining. This turnkey residence is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 199 Bowery Subject | $850,000* List Price | 2 | 2 | 1,255 | $702 | - |
A 3141 Michelson Drive 602 Sold | $970,000 | 2 | 2 | 1,375 | $705 | 0.3 mi |
B 130 Tribeca Sold | $1,010,000 | 2 | 2 | 1,483 | $681 | 0.2 mi |
C 1444 Nolita Sold | $812,000 | 2 | 2 | 1,075 | $755 | 0.0 mi |
D 3131 Michelson Drive 606 Sold | $873,000 | 2 | 2 | 1,330 | $656 | 0.3 mi |
E 3131 Michelson Drive 706 Sold | $850,000 | 2 | 2 | 1,330 | $639 | 0.3 mi |
F 3300 Watermarke Place Sold | $775,000 | 2 | 2 | 1,137 | $682 | 0.8 mi |
G 2412 Nolita Active | $928,000 List Price | 2 | 2 | 1,079 | $860 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2015, this property is in well-maintained, move-in-ready condition. The kitchen is modern, featuring white cabinetry, quartz countertops, a subway tile backsplash, and high-quality stainless steel appliances including a gas cooktop and wall oven. The bathrooms and living areas show minimal wear, with clean neutral carpeting, contemporary tile flooring, and recessed LED lighting throughout. While the property is approximately 11 years old, its systems and finishes remain current and functional with no visible deferred maintenance.
Built in 2015, this contemporary condominium features modern architecture and a thoughtfully designed layout, offering a move-in-ready experience with minimal maintenance required.
Located in the desirable Airport Area of Irvine, the property provides unparalleled access to major commuter routes like the I-405 and Alton Parkway, as well as premier shopping and dining.
The 1,255 square foot floor plan is efficiently utilized with two bedrooms and two bathrooms, making it an ideal choice for young professionals or small families seeking a balanced lifestyle.
The property is noted as having no significant views, which may be a disadvantage for buyers prioritizing aesthetic surroundings or natural light perspectives.
Despite being in a desirable district, the specific assigned schools currently show lower ratings (3-4), which may deter families specifically targeting Irvine's top-tier educational reputation.
199 Bowery in Irvine is located in a quiet, well-planned residential community known for its clean streets, modern homes, and family-friendly atmosphere. The area features contemporary architecture with thoughtfully designed layouts, often complemented by nearby green spaces and walking paths. Residents enjoy convenient access to major roads like Alton Parkway and the I-405, making commuting easy. The neighborhood is also close to shopping centers, dining options, and top-rated schools, offering a comfortable and convenient lifestyle in one of Irvine’s most desirable areas.
No exterior & parking available.
Grades K-5 • 2.7 mi
Grades 6-8 • 3.7 mi
Grades 9-12 • 3.7 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 | 1,255 | 1,447 | 39% |
| Lot Size | - | 49,985 | 35% |
| Price | $850.0K | $980.0K | 40% |
| Price per sq ft | $677 | $725 | 22% |
| Built year | 2015 | 2003 | 86% |
| HOA | $300.0 | $588 | 8% |
| Days on market | 19 | 188 | 3% |
Apr 3, 2026
$850,000
Initial Listing
Dec 2, 2019
$670,000
Public Record