
Irvine, California 92612
This Strong Value Opportunity is a Condominium listed at $599,999—positioned well below the $622,578 Fair Market Value by 3%. This valuation gap offers $22,579 in Instant Equity. Featuring a Condition Rating of 3, the unit includes an updated kitchen with granite countertops, a versatile loft, and access to resort-style amenities like a pool and spa. Its central Irvine location provides high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2233 Martin 309 Subject | $599,999* List Price | 1 | 1 | 952 | $654 | - |
A 2233 Martin 115 Sold | $625,000 | 2 | 1 | 952 | $657 | 0.1 mi |
B 2253 Martin #410 Sold | $650,000 | 1 | 1 | 952 | $683 | 0.1 mi |
C 3458 Watermarke Sold | $630,000 | 1 | 1 | 868 | $726 | 0.7 mi |
D 1438 Scholarship Sold | $670,000 | 1 | 1 | 895 | $749 | 0.6 mi |
E 2233 Martin 216 Sold | $675,000 | 2 | 1 | 952 | $709 | 0.1 mi |
F 3241 Watermarke Sold | $585,000 | 1 | 1 | 835 | $701 | 0.7 mi |
G 1327 Scholarship Sold | $550,000 | 1 | 1 | 734 | $749 | 0.6 mi |
H 1329 Scholarship Sold | $750,000 | 2 | 2 | 1,032 | $727 | 0.6 mi |
I 2243 Martin 211 Active | $635,000 List Price | 1 | 1 | 952 | $667 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1993, the property features an updated kitchen with granite countertops and stainless steel appliances, along with laminate flooring and crown molding. The bathroom and living areas appear well-maintained and move-in ready, reflecting a renovation cycle within the 5-15 year range.
The inclusion of a spacious loft provides rare flexibility for a one-bedroom unit, serving as a functional home office, guest area, or additional living space that maximizes the 952 square feet.
Situated in the heart of Irvine's Airport Area, the property offers unparalleled access to John Wayne Airport, major freeways, and premier shopping at South Coast Plaza and Fashion Island.
Residents benefit from a 24-hour guard-gated entrance and extensive facilities including a fitness center, pool, and spa, with water and trash services conveniently included in the HOA dues.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =52860, other record lot size in square feet = 77880.
The $699 monthly association fee is relatively high for a one-bedroom condo, which may affect overall affordability and debt-to-income ratios for some buyers.
The unit is officially listed as having no view, which may be a drawback for buyers prioritizing aesthetic vistas or specific orientations within the complex.
Resort-style living in the heart of Irvine . This spacious approved FHA & VA residence at The Metropolitan, combines the comfort of a private retreat with the convenience of one of Orange County's most desirable locations. Beyond the 24-hour guard-gated entrance and beautifully landscaped grounds, Unit 309 welcomes you with high ceilings, warm natural light, laminate flooring, crown molding, and a cozy fireplace. The updated kitchen features granite countertops and stainless steel appliances, while the versatile loft creates an ideal home office, guest space, reading room or repositioned to a 2ND BEDROOM. The generously sized bedroom includes a walk-in closet and direct access to the private balcony, where you can unwind and enjoy the view. The spacious bathroom offers dual sinks, a separate soaking tub, walk-in shower, and convenient access from both the bedroom and den. Two assigned garage parking spaces near the elevator add everyday ease. Residents enjoy a pool, spa, sauna, fitness center, clubhouse, meeting room, and lush resort-inspired surroundings. Water, trash, & guarded security are included in the HOA dues. Located within Irvine's thoughtfully designed master-planned community, the home is minutes from John Wayne Airport, UCI, South Coast Plaza, local parks, restaurants, grocery stores, and major business centers. Newport Beach, Fashion Island, Irvine Spectrum, and convenient access to the 405, 55, and 73 freeways place work, travel, shopping, dining, and coastal recreation within easy reach. With its generous floor plan, resort amenities, and central Orange County location, this is a compelling opportunity for a first-time buyer, downsizer, professional, or investor. Come experience the comfort and convenience this Irvine residence has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.7 |
| Baths | 1.0 | 3.0 |
| Square foot | 952 | 1,652.392 |
| Lot Size | 52,860 | 42,663.332 |
| Price | $600.0K | $1.21M |
| Price per sq ft | $630 | $746 |
| Built year | 1993 | 2010 |
| HOA | $699.0 | $278 |
| Days on market | 13 | 57 |
Aug 27, 2026
$599,999
Initial Listing
Mar 31, 2022
$629,000
Public Record
Mar 1, 2019
$415,000
Public Record
Mar 28, 2013
$320,000
Public Record
Feb 11, 2005
$365,000
Public Record
Feb 27, 2001
$198,000
Public Record