24 Vassar Aisle, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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Irvine, California 92612
This Condominium Asset represents a Strong Value Opportunity, listed at $880,000—positioned above the $818,553 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects recent cosmetic updates like new LVP flooring. Located in the heart of the University Town Center, this residence offers high rental demand for academics and professionals. With no Mello Roos taxes and a Smart Single-Level Floor Plan, it is a stable acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Irvine location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24 Vassar Aisle Subject | $880,000* List Price | 2 | 2 | 1,017 | $805 | - |
A 289 Stanford Court 52 Sold | $798,000 | 2 | 2 | 890 | $897 | 0.3 mi |
B 22 Exeter 23 Sold | $631,000 | 1 | 1 | 768 | $822 | 0.7 mi |
C 22 Meadowsweet Sold | $1,099,999 | 2 | 2 | 1,276 | $862 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the property is 37 years old. While it features recent cosmetic improvements like new LVP flooring and stainless steel appliances, the kitchen cabinets, tile countertops, and bathroom fixtures appear original and dated, requiring modernization to meet current market standards.
Situated in the heart of University Town Center near UC Irvine and Mason Regional Park, this property offers exceptional convenience and high rental demand for academics and professionals.
The absence of Mello Roos taxes significantly reduces the overall carrying cost and enhances the property's long-term value compared to many other Irvine developments.
The smart single-level layout paired with two private garage spaces provides a level of privacy and accessibility rarely found in standard condominium living.
The $546 monthly association fee is a substantial recurring expense that may impact the debt-to-income ratio and overall affordability for some prospective buyers.
With no designated view, the property lacks the visual premium and aesthetic advantage often sought after in the competitive Southern California real estate market.
Bright and ideally-located two bedroom, two bathroom condo in the gated community of Oxford Court near UC Irvine. A smart single-level floor plan featuring a south-facing balcony, two private garage spaces, and access to community amenities including a pool, spa, and tennis courts. A stone's throw from University Town Center, William R. Mason Regional Park, shopping, dining, entertainment, and top-rated Irvine schools, this residence is an excellent opportunity for residents and investors alike in the heart of the University Town Center area.
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 | 1,017 | 1,447 | 27% |
| Lot Size | - | 41,728 | 37% |
| Price | $880.0K | $970.0K | 43% |
| Price per sq ft | $865 | $722 | 89% |
| Built year | 1987 | 2004 | 29% |
| HOA | $546.0 | $600 | 33% |
| Days on market | 0 | 166 | 3% |
May 19, 2026
$880,000
Initial Listing
Nov 3, 2021
$680,000
Public Record
Aug 27, 2018
$608,000
Public Record