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424 Deerfield Avenue 172, Irvine, California 92606, Irvine, 92606 - 2 bed, 2 bath

424 Deerfield Avenue 172, Irvine, California 92606 home-pic-0
ACTIVE$700,000
424 Deerfield Avenue 172, Irvine, California 92606
2Beds
2Baths
890Sqft
21,241Lot
Year Built
1985
Close
-
List price
$700K
Original List price
$718K
Price/Sqft
$787
HOA
$446
Days on market
-
Sold On
-
MLS number
OC25171749
Home ConditionFair
Features
Deck
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $700.0K(13th), sqft - 890(20th), beds - 2(50th), baths - 2(50th).

FHA APPROVED COMMUNITY. Gorgeous bright corner home with no one above or below. Top floor with beautiful vaulted ceilings with a corner lot location makes this home very bright all the time. Owner just spent over $20,000.00 in upgrading to brand new LVP flooring, painting, mirrored closet doors, new window coverings, and reglazed bathtub. Just move right in. Primary bedroom also has vaulted ceilings with a great private balcony. One car attached garage right below the home. Great balcony at the entry makes this home great for entertaining with its indoor outdoor space. Association offers pool and tennis. Indoor laundry with washer and dryer. Low taxes and no Mello roos. Walking distance to shopping and restaurants.

Nearby schools

7/10
College Park Elementary School
Public,•K-6•0.6mi
7/10
Deerfield Elementary School
Public,•K-6•0.7mi
4/10
College Park Elementary School
Public,•PK-6•7.0mi
8/10
Venado Middle School
Public,•7-8•0.8mi
9/10
Irvine High School
Public,•9-12•1.0mi

Price History

Date
Event
Price
10/11/25
Price Change
$700,000-2.5%
07/31/25
$718,000
Condition Rating
Fair
The property, built in 1985, has received recent cosmetic updates including new LVP flooring, fresh paint, new window coverings, and a reglazed bathtub, making it move-in ready. However, the kitchen features dated white tile countertops, wood-trimmed cabinets, and older white appliances. Similarly, the bathroom vanity, tile flooring, and light fixtures are visibly outdated. While functional, these key areas show significant signs of being from an older era and would require substantial aesthetic updates to meet current standards, aligning with the 'Fair' condition criteria where major components are functional but outdated.
Pros & Cons

Pros

Great Schools: High School: Irvine High School (9/10).
Extensive Recent Upgrades: Over $20,000 spent on new LVP flooring, paint, window coverings, and more, making the home move-in ready with modern finishes.
Desirable Corner Unit Features: As a top-floor corner unit with no one above or below, it benefits from vaulted ceilings, abundant natural light, and enhanced privacy.
Prime Irvine Location & Walkability: Situated in the highly sought-after city of Irvine, offering convenient walking access to shopping and restaurants, enhancing lifestyle appeal.
Attractive Community Amenities & Financial Benefits: FHA approved community, low taxes, no Mello Roos, and access to a community pool and tennis courts add significant value and reduce long-term carrying costs.
Attached Garage & Private Balconies: Includes a convenient one-car attached garage and multiple private balconies, providing practical parking and desirable indoor-outdoor living spaces.

Cons

High Monthly Association Fee: The $446 monthly HOA fee is substantial for the unit's size and could impact overall affordability for potential buyers.
Compact Living Space: At 890 sqft, the property offers relatively limited living area, which may not be suitable for buyers seeking more spacious accommodations or larger households.
Recent Price Reduction: The property has undergone a price reduction from $718,000 to $700,000, which could suggest initial overpricing or a slower market response.

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