2 Cherry S, Irvine, California 92612, Irvine, 92612 - 3 bed, 2 bath
ACTIVE$1,558,000
2 Cherry S, Irvine, California 92612
3Beds
2Baths
1,538Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($1,196,841.95) is $361,158.05 (23%) lower than the list price ($1,558,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Top Cons:
Limited Property Details: The listing explicitly states that 'details about the home's features and layout are being compiled,' creating uncertainty and requiring further investigation for potential buyers.
Compared to the nearby listings
Price:$1.56M vs avg $1.43M (+$133,000)57%
Size:1,538 sqft vs avg 1,592 sqft49%
Price/sqft:$1.0K vs avg $91191%
More Insights
Built in 1974 (51 years old).
Condition: Built in 1974, this property is 50 years old and appears to have largely original or very dated interiors. The kitchen features original-style dark wood cabinetry, laminate countertops, and older appliances, requiring a complete overhaul. Both bathrooms also show significant age with dated vanities, fixtures, and tiling. Other areas exhibit older carpets, popcorn ceilings, and dated light fixtures. While the property seems maintained, it requires substantial rehabilitation and modernization throughout, particularly in the kitchen and bathrooms, to meet current standards and comfort levels.
Year Built
1974
Close
-
List price
$1.56M
Original List price
$1.59M
Price/Sqft
$1,013
HOA
$274
Days on market
-
Sold On
-
MLS number
OC25033454
Home ConditionPoor
Features
View-
About this home
Nestled in the heart of Irvine, California, discover the charm of 2 Cherry Street, 92612. This delightful property offers a fantastic opportunity to embrace the coveted Irvine lifestyle. Imagine yourself in this desirable location, just moments away from top-rated schools, premier shopping destinations, and an abundance of parks and recreational activities. While details about the home's features and layout are being compiled, the address alone speaks volumes about the potential this property holds. Don't miss your chance to explore the possibilities at 2 Cherry Street – a promising canvas to create the Irvine home of your dreams! Stay tuned for more details and prepare to be captivated by this exceptional opportunity.
Nearby schools
6/10
University Park Elementary School
Public,•K-6•1.1mi
9/10
Rancho San Joaquin Middle School
Public,•7-8•0.4mi
9/10
University High School
Public,•9-12•1.5mi
Condition Rating
Poor
Built in 1974, this property is 50 years old and appears to have largely original or very dated interiors. The kitchen features original-style dark wood cabinetry, laminate countertops, and older appliances, requiring a complete overhaul. Both bathrooms also show significant age with dated vanities, fixtures, and tiling. Other areas exhibit older carpets, popcorn ceilings, and dated light fixtures. While the property seems maintained, it requires substantial rehabilitation and modernization throughout, particularly in the kitchen and bathrooms, to meet current standards and comfort levels.
Pros & Cons
Pros
Great Schools: Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Prime Irvine Location: Nestled in the heart of Irvine, this property offers a highly desirable lifestyle with convenient access to premier shopping, parks, and recreational activities.
Top-Rated School District: The property is located within the acclaimed Irvine Unified School District, providing access to highly-rated schools including University Park Elementary, Rancho San Joaquin Middle, and University High School.
Established Community: Situated in the 'Terrace (TR)' subdivision, known for its desirable community environment and likely offering shared amenities such as greenbelts and recreational facilities (inferred from comparable properties).
Single-Family Residence: As a single-family residence, the property offers greater privacy and potential for personalization compared to attached housing types.
Renovation Potential: Described as a 'promising canvas,' the 1974-built home presents a significant opportunity for buyers to customize, modernize, and add substantial value.
Cons
Limited Property Details: The listing explicitly states that 'details about the home's features and layout are being compiled,' creating uncertainty and requiring further investigation for potential buyers.
Potential Overpricing: The current list price of $1,558,000 is significantly higher than the estimated property value of $1,196,841, suggesting it may be overpriced compared to market estimations.
Age of Property: Built in 1974, the property is 50 years old, which may indicate a need for extensive updates to major systems, infrastructure, and interior finishes, potentially incurring substantial renovation costs.