
Irvine, California 92612
This 1-Bedroom Plus Den Condominium is a Strong Value Opportunity, listed at $599,000—positioned well below the $610,385 Fair Market Value by 1.86%. This valuation gap offers $11,385 in Instant Equity. Featuring a Condition Rating of 4, the home includes recent appliance upgrades, though it retains original finishes. Its prime location near UCI and guard-gated security provides high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a secure, well-located Irvine residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2253 Martin 107 Subject | $599,000* List Price | 1 | 1 | 952 | $641 | - |
A 2448 Watermarke Sold | $618,000 | 1 | 1 | 868 | $712 | 0.7 mi |
B 2233 Martin 115 Sold | $625,000 | 2 | 1 | 952 | $657 | 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 | 0.5 mi |
E 2220 Watermarke Place Sold | $528,000 | 1 | 1 | 648 | $815 | 0.7 mi |
F 2322 Scholarship Sold | $720,000 | 2 | 2 | 1,038 | $694 | 0.6 mi |
G 2262 Scholarship Sold | $750,000 | 2 | 2 | 1,038 | $723 | 0.6 mi |
H 1329 Scholarship Sold | $750,000 | 2 | 2 | 1,032 | $727 | 0.5 mi |
I 2243 Martin 211 Active | $635,000 List Price | 1 | 1 | 952 | $667 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1993 (30+ years old) and, while well-maintained and move-in ready, it features dated original elements such as white square tile countertops in the kitchen and bathrooms and glass block accents. Although it has newer appliances and toilets, the primary systems and surfaces are over 20 years old and require cosmetic updates to meet modern standards.
Situated in a prestigious 24-hour guard-gated community with close proximity to UCI, John Wayne Airport, and major employment hubs, offering both safety and convenience.
The 1-bedroom plus den layout provides exceptional flexibility, making it an ideal setup for a home office or a guest space in a compact footprint.
The residence features newer kitchen appliances, washer, dryer, and toilets, reducing immediate maintenance needs and adding modern value for the buyer.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =41728, other record lot size in square feet = 49260.
The monthly HOA fee of $679 is relatively high for a one-bedroom unit, which may impact the total monthly carrying cost and overall affordability.
Despite the Irvine address, the property is served by the Santa Ana Unified School District, which may be a drawback for buyers specifically seeking the Irvine Unified School District.
Located in a prestigious 24-hour guard-gated community in Irvine, this well-appointed residence features a highly functional 1-bedroom plus den layout on the main level, ideal for flexible living or a home office. The home has been recently upgraded with newer kitchen appliances, washer and dryer, and toilets, offering modern comfort and convenience. Enjoy a prime location with close proximity to UCI and John Wayne Airport, providing easy access to major employment centers, shopping, dining, and transportation.
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 | 41,728 | 42,663.332 |
| Price | $599.0K | $1.21M |
| Price per sq ft | $629 | $746 |
| Built year | 1993 | 2010 |
| HOA | $679.0 | $278 |
| Days on market | 6 | 57 |
Sep 3, 2026
$599,000
Initial Listing
Apr 2, 2025
$645,000
Public Record
Mar 16, 2022
$580,000
Public Record
Apr 23, 2018
$442,000
Public Record
Jun 1, 2004
$400,000
Public Record
May 30, 2002
$240,000
Public Record
Feb 16, 2001
$165,000
Public Record