324 Tangelo, Irvine, California 92618, Irvine, 92618 - 2 bed, 1 bath
Loading property details...
324 Tangelo
Irvine, California 92618
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
868Sq Ft
223,917Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$597,795
3% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $575,000—positioned well below the $600,251 Fair Market Value by 4%. This valuation gap offers $25,251 in Instant Equity. Featuring a Mint Condition Rating with a remodeled kitchen and bath, the unit offers tranquil pond and stream views. Located in the Irvine Unified School District near top-rated schools like Lakeside Middle and Woodbridge High, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a move-in-ready lifestyle.
Estimated Market Value
$597,795+$22,795 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 324 Tangelo Subject | $575,000* List Price | 2 | 1 | 868 | $689 | - |
A 60 Orange Blossom Sold | $680,000 | 2 | 2 | 952 | $714 | 0.1 mi |
B 406 Orange Blossom Sold | $480,000 | 1 | 1 | 661 | $726 | 0.1 mi |
C 336 Lemon Sold | $709,000 | 2 | 2 | 1,023 | $693 | 0.1 mi |
D 182 Tangelo 418 Sold | $430,000 | 1 | 1 | 661 | $651 | 0.1 mi |
E 66 Orange Blossom Sold | $460,000 | 1 | 1 | 661 | $696 | 0.1 mi |
F 303 Tangelo 347 Active | $549,000 List Price | 2 | 1 | 814 | $674 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the structure dates to 1977, the interior features a recently remodeled kitchen and bathroom with modern white shaker cabinetry, stainless steel appliances, and stone countertops consistent with a renovation under 5 years old. The unit is in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
- Prime Location & Education
Situated within the award-winning Irvine Unified School District and near UC Irvine and Irvine Valley College, this property offers exceptional educational opportunities and strong investment potential.
- Modernized Single-Level Layout
This ground-floor, single-level home features a remodeled kitchen and bathroom, providing a turnkey living experience with the added benefit of easy accessibility.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The monthly association fee of $592 is relatively high for a property of this size, which may impact the monthly budget and overall affordability for some buyers.
- Limited Square Footage
At 868 square feet for a two-bedroom unit, the interior living space is quite compact, which may feel restrictive for those requiring more storage or larger room dimensions.
About 324 Tangelo
Single-level, ground-floor 2-bedroom condo located in the highly desirable Orangetree Condominium Association in Irvine. This home features tranquil pond and stream views, a remodeled kitchen and bathroom, and an open layout designed for comfort. Community amenities include two pools, two spas, clubhouse, fitness center, playground (Tot Lot), tennis courts, basketball courts, and landscaped grounds with water features. HOA dues cover water, trash, and exterior property maintenance. Conveniently located near Irvine Valley College, UC Irvine, top-rated medical centers, Irvine Spectrum, shopping, dining, and Southern California beaches. Situated within the award-winning Irvine Unified School District.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 223,917 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $592.0 / Month
Neighborhood Insights
Irvine Unified Schools
Eastshore Elementary School
Grades K-6 • 1.1 mi
7/10
Lakeside Middle School
Grades 7-8 • 1.6 mi
9/10
Woodbridge High School
Grades 9-12 • 1.9 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 1.0 | 3.0 |
| Square foot | 868 | 1,652.392 |
| Lot Size | 223,917 | 42,663.332 |
| Price | $575.0K | $1.21M |
| Price per sq ft | $662 | $746 |
| Built year | 1977 | 2010 |
| HOA | $592.0 | $278 |
| Days on market | 39 | 57 |
Pricing History
Listed for Sale
Aug 1, 2026
$575,000
Initial Listing
Sold
Apr 28, 2023
$450,000
Public Record
Sold
Nov 21, 2016
$336,000
Public Record