34 Exeter, Irvine, California 92612, Irvine, 92612 - 2 bed, 1 bath
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Irvine, California 92612
This Single-Story Condominium represents a High-Potential Investment Opportunity, listed at $788,000—positioned well above the $753,995 Fair Market Value by 4%. While priced at a premium, the property offers a Condition Rating of 4, featuring recent cosmetic refreshes and a rare private patio. Located in a prime district with 9/10 rated schools and proximity to UC Irvine, it provides exceptional rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, move-in-ready asset in a high-growth educational hub.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34 Exeter Subject | $788,000* List Price | 2 | 1 | 917 | $822 | - |
A 24 Vassar Aisle Sold | $878,818 | 2 | 2 | 1,017 | $864 | 0.5 mi |
B 22 Exeter 23 Sold | $631,000 | 1 | 1 | 768 | $822 | 0.2 mi |
C 289 Stanford Court 52 Sold | $798,000 | 2 | 2 | 890 | $897 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this property is over 40 years old and maintains its original kitchen and bathroom configurations. While it features recent cosmetic 'freshening'—including new carpet, fresh paint, scraped ceilings, and a new range—the cabinetry, tile countertops, and bathroom fixtures are dated and exceed the 20-year threshold for a higher rating. It is functional and clean but requires aesthetic and system updates to meet modern standards.
Elementary School: Turtle Rock Elementary School (9/10). Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
The property is exceptionally located within walking distance to UC Irvine and top-rated University High School, making it a high-demand location for students, faculty, and families.
As a lower-level end unit with a private patio and central air conditioning—a feature many neighboring units lack—this condo offers a private, single-family home feel.
Despite being clean and refreshed, the property is largely in its original 1981 condition, which may necessitate future investments to modernize the kitchen and bathroom.
The unit relies on two carports located a short walk away rather than attached parking, which may be a drawback for those seeking direct home access or covered security.
Looking for a single story home very close to both sought-after UC Irvine and University High School? You may have just found the perfect one. Whether for yourself to live in, as an investment, or to house a UC Irvine student, this home has lots of possibilities. Original but clean lower level end unit condominium feels like a single family home with lots of light and a private patio. Come on in to find a spacious living room with tiled entry and fireplace with matching tile. There is a dining area with newer sliding glass door and chandeler looking out to the private patio. The kitchen has a newer gas range, faucet and disposal, and while prepping food or dishes at the sink you are looking out onto the patio. Both bedrooms are spacious with lots of closet space and they share a bathroom with double sinks and a shower/tub. This condo has freshly-painted white walls with new varnish on the kitchen cabinets, brand new light carpet, brand new 2" white wood blinds in both bedrooms and a brand new medicine cabinet in the bathroom. The living and dining rooms have newer Hunter Douglas window shades as well as scaped ceilings, and the large windows in the living room let in the light and provide a view of the green space outside. There is air conditioning. which many other condos in this tract do not have, along with a heater with a new thermostat and a Hepa filter, There are 2 carports a short walk away. Enjoy University Town Center and Columbia Square HOAs with pool, park, bbqs, volleyball and basketball court. Attend exceptional schools including University High School. Enjoy the convenience of shops and restaurants right across the street as well as the larger center with Target and Trader Joe's just a few blocks away. Get outdoors in Mason Park or enjoy golfing at nearby golf courses. No Mello-Roos.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 1.5 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 917 | 1,772 |
| Lot Size | 63,385 | 46,724 |
| Price | $788.0K | $1.27M |
| Price per sq ft | $859 | $753 |
| Built year | 1981 | 2014 |
| HOA | $435.0 | $296 |
| Days on market | 12 | 60 |
Jul 10, 2026
$788,000
Initial Listing