2108 Scholarship, Irvine, California 92612, Irvine, 92612 - 1 bed, 1 bath
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Irvine, California 92612
This Ground-Level End-Unit Condominium is a Prime Investment Opportunity, listed at $580,000—positioned well below the $595,576 Fair Market Value by 2%. This valuation gap provides $15,576 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the residence features a Granite Kitchen, European-style cabinetry, and a Private Patio. Residents enjoy resort-style Avenue One Amenities near UC Irvine and major business hubs. This turnkey property is an ideal acquisition for young professionals or buy-and-hold investors seeking high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2108 Scholarship Subject | $580,000* List Price | 1 | 1 | 736 | $809 | - |
A 2379 Scholarship Sold | $555,000 | 1 | 1 | 610 | $910 | 0.0 mi |
B 1106 Scholarship Sold | $530,000 | 1 | 1 | 734 | $722 | 0.1 mi |
C 2114 Watermarke Sold | $549,000 | 1 | 1 | 648 | $847 | 0.1 mi |
D 3261 Watermarke Sold | $630,000 | 1 | 1 | 868 | $726 | 0.1 mi |
E 3339 Watermarke Place Sold | $635,000 | 1 | 1 | 835 | $760 | 0.1 mi |
F 3231 Watermarke Pl Sold | $560,000 | 1 | 1 | 648 | $864 | 0.1 mi |
G 3202 Watermarke Active | $675,000 List Price | 1 | 1 | 746 | $905 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (21 years old), the property is well-maintained, functional, and move-in ready. The kitchen and bathroom retain original granite countertops and European-style cabinetry in good condition. Systems appear operational, and the interior shows no signs of deferred maintenance.
Situated in the heart of Irvine near UC Irvine, John Wayne Airport, and major business hubs, this property offers exceptional convenience for professionals and high rental potential for investors.
As a ground-level end-unit, the residence provides superior accessibility and enhanced privacy with fewer shared walls and increased natural light compared to standard interior units.
The Avenue One community features high-end amenities including a pool, spa, clubhouse, and secure parking, providing a luxury lifestyle that justifies the association fees.
The property is served by the Santa Ana Unified School District with school ratings ranging from 3 to 4, which may be less desirable for families compared to the neighboring Irvine Unified School District.
The listing indicates no specific view, which may limit the property's aesthetic appeal and competitive edge compared to units with park or city light orientations.
Welcome to 2108 Scholarship, a desirable ground-level end-unit residence located in the highly sought-after Avenue One community, ideally situated in the heart of Irvine. This thoughtfully designed home features an open and functional layout, a spacious living area filled with natural light and a private patio - perfect for enjoying indoor-outdoor living. A well-appointed kitchen with European-style cabinetry, granite countertops and quality appliances, in addition to the in-unit laundry room and generously sized bedroom and walk-in closet provides you with everyday convenience you come to expect. Residents of Avenue One enjoy resort-style amenities including a pool & spa, gym, clubhouse, BBQ & picnic areas and secure parking. Ideally situated near major employment centers, dining, shopping, and entertainment, this location also offers convenient access to freeways, John Wayne Airport, UC Irvine and nearby business hubs, making it perfect for professionals, first-time homeowners, or investors alike. Experience the best of Irvine living with comfort, convenience and community all in one exceptional opportunity.
No exterior & parking available.
Grades K-5 • 3.3 mi
Grades 6-8 • 4.0 mi
Grades 9-12 • 4.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 26% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 736 | 1,447 | 8% |
| Lot Size | 177,155 | 51,599 | 68% |
| Price | $580.0K | $980.0K | 10% |
| Price per sq ft | $788 | $727 | 69% |
| Built year | 2005 | 2003 | 57% |
| HOA | $382.0 | $588 | 13% |
| Days on market | 5 | 188 | 1% |
Apr 17, 2026
$580,000
Initial Listing
Sep 24, 2020
$400,000
Public Record
Jul 24, 2008
$240,000
Public Record
Jan 27, 2006
$408,000
Public Record