3131 Michelson Dr 1206, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
3131 Michelson Dr 1206
Irvine, California 92612
Property Price
SUMMARY
Analysis of 3131 Michelson Dr 1206, Irvine, California 92612 is currently available with a list price of $1,170,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Irvine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2005, this property is approximately 20 years old and remains in move-in ready condition. The kitchen features high-end GE Monogram stainless steel appliances and granite countertops which, while reflecting the original construction style, are well-maintained. The addition of hardwood flooring throughout the living areas and bedrooms indicates pride of ownership and upgrades over standard builder-grade materials. It meets the 'good' criteria as a well-maintained home within its expected system lifespans without requiring immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
CONSRISKS & DEFICIENCIES
About 3131 Michelson Dr 1206
Welcome to enjoy urban living in this well maintained two-bedroom, two-bathroom plus den unit at Marquee at Park Place. It is on the 12th floor, breathtaking city light views and a thoughtfully designed open layout. The gourmet kitchen is outfitted with GE Monogram stainless steel appliances, granite countertops, and rich dark wood cabinetry, hardwood flooring for great room, dining room, bedrooms and den. The community offers an array of resort-style amenities, including 24-hour gated security, concierge services, a hotel style lobby, a complimentary coffee bar, a conference room, a fully equipped fitness center, a sparkling swimming pool, a spa, an outdoor BBQ area, and a children’s playground. The HOA covers water, gas, trash, and internet. walking distance to super market, shops and famous dining, and just minutes from UC Irvine, John Wayne Airport, South Coast Plaza, Fashion Island, Irvine Spectrum, and the 405 Freeway. Don't miss this opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1340.0 / Month
Neighborhood Insights
Irvine Unified Schools
Monroe Elementary School
Grades K-5 • 3.0 mi
Mcfadden Intermediate School
Grades 6-8 • 4.0 mi
Century High School
Grades 9-12 • 3.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,330 | 1,441 | 48% |
| Lot Size | - | 41,727 | 45% |
| Price | $1.17M | $980.0K | 71% |
| Price per sq ft | $880 | $747 | 89% |
| Built year | 2005 | 2003 | 58% |
| HOA | $1340.0 | $588 | 94% |
| Days on market | 268 | 169 | 94% |
Pricing History
Listed for Sale
Jun 12, 2025
$1,170,000
Initial Listing