2301 Apricot, Irvine, California 92618, Irvine, 92618 - 2 bed, 2 bath
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Irvine, California 92618
This Stunning Move-In Ready Penthouse is a Prime Investment Opportunity listed at $695,000—positioned well below the $711,281 Fair Market Value by 2%. This valuation gap provides $16,281 in Instant Equity for a property in Mint Condition. Featuring vaulted ceilings, a remodeled kitchen with quartz countertops, and private balconies with pool views, the home offers a sophisticated lifestyle. Located near top-rated schools like Woodbridge High (9/10), it is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2301 Apricot Subject | $695,000* List Price | 2 | 2 | 916 | $777 | - |
A 169 Tarocco Sold | $780,000 | 2 | 2 | 951 | $820 | 0.3 mi |
B 85 Lemon Sold | $638,000 | 2 | 1 | 928 | $688 | 0.1 mi |
C 60 Orange Blossom Active | $699,000 List Price | 2 | 2 | 952 | $734 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a very recent renovation (likely within the last 5 years) featuring a sleek kitchen with new quartz countertops, a waterfall edge, and newer appliances. The bathrooms are tastefully remodeled with modern black fixtures and glass enclosures, and the unit features fresh paint and updated flooring, making it move-in ready and in mint condition.
Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
As a top-floor unit with no neighbors above and vaulted ceilings, this penthouse offers enhanced privacy and a bright, airy atmosphere that feels more spacious than typical condominiums.
The property is move-in ready, featuring recent professional painting, remodeled bathrooms, upgraded countertops, and newer kitchen appliances, reducing immediate post-purchase costs for the buyer.
The association fee of $595 per month is relatively high for a sub-1,000 square foot unit, which may impact the debt-to-income ratio and overall affordability for some buyers.
With only 916 square feet of living space for a two-bedroom, two-bathroom configuration, the interior layout may feel restrictive for those seeking more generous room dimensions or storage.
Tenant-Occupied Investment Opportunity – Updated Penthouse Corner Unit Now leased to a qualified tenant, this upgraded penthouse corner unit offers immediate rental income and strong long-term investment potential. This beautifully updated home features a bright and open floor plan with vaulted ceilings, a cozy fireplace, and no neighbors above for enhanced privacy. Recently repainted throughout, the unit includes upgraded countertops, tastefully remodeled bathrooms, and newer appliances, including a refrigerator. The stylish kitchen offers a breakfast bar and functional layout, with a convenient in-unit laundry area located just off the kitchen. Enjoy peaceful pool and tree views from private balconies off the dining area and both bedrooms. The spacious primary suite includes a walk-in closet, dual sinks, and generous storage. HOA dues cover water and trash and provide access to resort-style amenities including a pool, spa, and tennis courts. Ample parking is available for residents and guests. Ideally located near Irvine Valley College, Oak Creek Golf Club, shopping, dining, and major freeways, this turnkey penthouse combines immediate cash flow with excellent long-term upside in one of Irvine’s most desirable communities.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades 7-8 • 1.6 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 2.0 | 3.0 | 12% |
| Square foot | 916 | 2,083 | 2% |
| Lot Size | 80,130 | 3,500 | 90% |
| Price | $695.0K | $1.42M | 4% |
| Price per sq ft | $759 | $701 | 67% |
| Built year | 1979 | 2019 | 3% |
| HOA | $595.0 | $240 | 99% |
| Days on market | 41 | 152 | 5% |
May 4, 2026
$695,000
Initial Listing
Oct 2, 2015
$340,000
Public Record
Feb 10, 2012
$210,000
Public Record
Aug 9, 2004
$365,000
Public Record
Feb 28, 2002
$192,000
Public Record