21 Gramercy 102, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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21 Gramercy 102
Irvine, California 92612
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,474Sq Ft
65,626Lot Size
Property Price
LIST PRICE$925,000
EST. MARKET VALUE
$925,000
SUMMARY
This Spacious Condominium is a Prime Investment Opportunity, listed at $925,000—positioned well below the $950,575 Fair Market Value by 2%. This valuation gap offers $25,575 in Instant Equity for the buyer. Featuring a Good Condition Rating, this residence offers an open-concept layout, Granite Kitchen, and a private Patio. While the HOA fee is notable, the resort-style amenities and proximity to John Wayne Airport provide significant lifestyle value. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking luxury living.
Estimated Market Value
$925,000
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 |
|---|---|---|---|---|---|---|
★ 21 Gramercy 102 Subject | $925,000* List Price | 2 | 2 | 1,474 | $628 | - |
A 21 Gramercy 208 Sold | $890,000 | 2 | 2 | 1,583 | $562 | 0.0 mi |
B 3141 Michelson 508 Sold | $1,165,000 | 2 | 2 | 1,520 | $766 | 0.3 mi |
C 3131 Michelson Drive 503 Sold | $1,085,000 | 2 | 2 | 1,583 | $685 | 0.3 mi |
D 3141 Michelson 1306 Sold | $1,025,000 | 2 | 2 | 1,367 | $750 | 0.3 mi |
E 21 Gramercy 410 Sold | $915,000 | 2 | 2 | 1,583 | $578 | 0.0 mi |
F 1434 Scholarship Sold | $810,000 | 2 | 2 | 1,274 | $636 | 0.5 mi |
G 2250 Watermarke Sold | $995,000 | 2 | 3 | 1,523 | $653 | 0.7 mi |
H 3360 Watermarke Place Sold | $938,000 | 3 | 2 | 1,456 | $644 | 0.6 mi |
I 3131 Michelson Drive 507 Active | $935,000 List Price | 2 | 2 | 1,492 | $627 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007, this 19-year-old property falls within the 10-20 year range for 'Good' condition. The kitchen and bathrooms are well-maintained with functional stainless steel appliances and granite countertops. The unit appears move-in ready with no visible maintenance issues.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
Located in the prestigious Central Park West community, residents have access to high-end amenities including multiple pools, a fitness center, and pickleball and basketball courts.
- Spacious Single-Level Living
The residence offers nearly 1,500 square feet of open-concept living space on the first floor, featuring high ceilings and an oversized primary suite for enhanced comfort and accessibility.
- Prime Coastal & Urban Access
The property is strategically positioned minutes from John Wayne Airport, premier shopping, and Orange County's best beaches, making it ideal for professionals and frequent travelers.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $744.58 per month is significant and may impact the overall affordability and debt-to-income ratio for potential buyers.
- School District Ratings
While located in Irvine, the property is served by the Santa Ana Unified School District, which currently holds lower school ratings (3-4) compared to the neighboring Irvine Unified School District.
About 21 Gramercy 102
IRVINE UNDER $1M | NEARLY 1,500 SQ FT | FIRST FLOOR | RESORT-STYLE LIVING Welcome to 21 Gramercy #102, a spacious 2-bedroom, 2-bath residence offering 1,474 sq. ft. of single-level living in Irvine’s desirable Central Park West community. Conveniently located on the first floor, this home features high ceilings, abundant natural light, upgraded flooring, in-unit laundry, a walk-in pantry, and a private patio. The open-concept kitchen, dining, and living areas create an inviting space for everyday living and entertaining, while the generous primary suite offers a comfortable private retreat with a spacious bath and excellent storage. Enjoy resort-style amenities including pools and spas, fitness facilities, pickleball and basketball courts, BBQ and entertaining areas, clubhouse spaces, parks, and more. Ideally located near shopping, dining, major employment centers, John Wayne Airport, and just a short drive to Newport Beach. Priced at $925,000, this is an opportunity to enjoy nearly 1,500 sq. ft. of resort-style Irvine living for under $1M.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 65,626 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $744.58 / Month
Neighborhood Insights
Irvine Unified Schools
Monroe Elementary School
Grades K-5 • 2.9 mi
4/10
Mcfadden Intermediate School
Grades 6-8 • 3.8 mi
3/10
Century High School
Grades 9-12 • 3.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,474 | 1,652.392 |
| Lot Size | 65,626 | 42,663.332 |
| Price | $925.0K | $1.21M |
| Price per sq ft | $628 | $746 |
| Built year | 2007 | 2010 |
| HOA | $744.58 | $278 |
| Days on market | 100 | 57 |
Pricing History
Listed for Sale
Jun 1, 2026
$925,000
Initial Listing
Sold
Mar 19, 2025
$958,000
Public Record
Sold
Apr 4, 2018
$678,000
Public Record
Sold
Sep 4, 2015
$610,000
Public Record
Sold
May 26, 2011
$455,000
Public Record