2243 Martin, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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Irvine, California 92612
This Extensively Renovated Condominium is a Prime Investment Opportunity, listed at $790,000—positioned well below the $827,334 Fair Market Value by 4%. This valuation gap offers $37,334 in Instant Equity. Boasting an Extensive Renovation Condition Rating, the interior features a remodeled quartz kitchen, new flooring, and a versatile den perfect for a home office. Located in the guard-gated Metropolitan community with resort amenities and tropical views, it balances luxury with financial upside. This turnkey property is ideal for Urban Professionals or Owner-Occupants seeking a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2243 Martin Subject | $790,000* List Price | 2 | 2 | 1,204 | $687 | - |
A 2233 Martin 202 Sold | $815,000 | 2 | 2 | 1,277 | $638 | 0.0 mi |
B 2233 Martin 216 Sold | $675,000 | 2 | 1 | 952 | $709 | 0.0 mi |
C 2243 Martin 209 Sold | $829,000 | 2 | 2 | 1,233 | $672 | 0.0 mi |
D 2243 Martin 207 Sold | $645,000 | 1 | 1 | 952 | $678 | 0.0 mi |
E 2337 Watermarke Sold | $830,000 | 2 | 2 | 1,148 | $723 | 0.7 mi |
F 2243 Martin 408 Sold | $673,260 | 1 | 1 | 952 | $707 | 0.0 mi |
G 2243 Martin 217 Active | $810,000 List Price | 2 | 2 | 1,264 | $641 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that includes a fully remodeled kitchen with modern white shaker cabinetry, quartz countertops, and stainless steel appliances. Both bathrooms have been updated with contemporary tiling and fixtures, and the interior features new wood-style vinyl plank flooring and fresh carpet, making the home virtually new and move-in ready.
The property features a recently remodeled kitchen with quartz countertops and stylish cabinetry, complemented by newer wood-style vinyl plank flooring, offering a contemporary move-in-ready experience.
The monthly dues cover essential utilities including water, trash, gas, and sewer, while providing access to premium amenities like a 24-hour guard gate, fitness center, and tropical-themed pool area.
The inclusion of a dedicated den in addition to the two bedrooms provides valuable flexibility for a home office or guest room, a highly sought-after feature for modern professionals.
At $679 per month, the association fees are relatively high, which may impact overall affordability and debt-to-income ratios for prospective buyers.
Despite the Irvine address, the property is situated within the Santa Ana Unified School District rather than Irvine Unified, which can be a significant factor for families and long-term resale value.
Roomy, bright, and comfortable TWO BEDROOM PLUS DEN in one of the nicest communities in Orange County. Newer wood style vinyl plank flooring with newer carpet in the bedrooms. Remodeled kitchen with stylish cabinets, quartz counter tops, modern finishes. Minutes to freeways, shopping, restaurants, and downtown offices. 24 hour guard gate, 2 full baths, 2 assigned parking spaces in underground structure. Access to community pool, spa, club house, and well equipped fitness center. Balcony faces lush green, tropical landscaping. HOA dues include water, trash, gas, sewer.
No exterior & parking available.
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 | 1,204 | 1,447 | 38% |
| Lot Size | 41,727 | 49,985 | 49% |
| Price | $790.0K | $980.0K | 29% |
| Price per sq ft | $656 | $725 | 19% |
| Built year | 1992 | 2003 | 42% |
| HOA | $679.0 | $588 | 67% |
| Days on market | 0 | 188 | 1% |
Apr 14, 2026
$790,000
Initial Listing
Jun 11, 2019
$590,000
Public Record
Dec 5, 2006
$538,000
Public Record
Apr 16, 2004
$525,000
Public Record