5151 Walnut, Irvine, California 92604, Irvine, 92604 - 2 bed, 3 bath

5151 Walnut
Irvine, California 92604
Property Price
SUMMARY
Analysis of 5151 Walnut, Irvine, California 92604 is currently available with a list price of $789,000. 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.
The property is move-in ready and features several modern updates, including luxury vinyl flooring, recessed lighting, and an open kitchen with Corian countertops. While the structure dates back to 1982, the interior has been well-maintained and partially renovated, offering a contemporary aesthetic and functional living spaces without the need for immediate major repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Irvine High School (9/10).
- Exceptional Financial Value
Priced well under $1 million with no Mello-Roos and low HOA dues, this property offers a rare, cost-effective entry point into the competitive Irvine real estate market.
- Modern Interior Upgrades
The home features contemporary luxury vinyl flooring, recessed lighting, and an open kitchen with white Corian countertops, providing a stylish and move-in-ready environment.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At 1,156 square feet, the living space is relatively compact for a multi-level home, which may feel restrictive for buyers seeking more expansive common areas.
- Aging Infrastructure
Built in 1982, the property may require more frequent maintenance of original systems and building components compared to newer developments in the area.
About 5151 Walnut
Nestled in the desirable community of Wildflower, this fantastic condo offers the perfect blend of comfort, style, and community spirit. Priced under $1 million, this home features a spacious living area downstairs, including a cozy living room with a fireplace, a dedicated dining room, and a convenient half-bathroom. The open kitchen, complete with recessed lighting and stunning white Corian countertops, ensures you'll never feel cut off from family or guests while entertaining. The home boasts luxury vinyl flooring, enhancing the unit's appeal. Upstairs, you'll find a generous second bedroom with its own bathroom, making it perfect for guests or rental opportunities. The spacious primary bedroom features a private en-suite bathroom, providing a tranquil retreat after a long day. With only 36 units in the Wildflower development, you can enjoy a close-knit community feel. Step outside your home to relax by the beautiful association pool and spa, or unwind on your fenced patio just off the living room, adding to the spacious ambiance of this lovely abode. Situated in Irvine's highly regarded El Camino Real neighborhood, you're just moments away from top-rated schools, shopping, and parks. Don’t miss this amazing opportunity—backed by no Mello-Roos and low monthly HOA dues covering insurance, grounds maintenance, and community services, this deal will surely be snatched up quickly! Schedule your private showing of 5151 Walnut Ave Unit 27 and make it your new home!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 110,357 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $465.0 / Month
Neighborhood Insights
Irvine Unified Schools
Greentree Elementary School
Grades K-6 • 1.0 mi
Deerfield Elementary School
Grades K-6 • 1.1 mi
Venado Middle School
Grades 7-8 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,156 | 1,296 | 39% |
| Lot Size | 110,357 | 110,357 | 50% |
| Price | $789.0K | $1.07M | 22% |
| Price per sq ft | $683 | $762 | 22% |
| Built year | 1982 | 1978 | 91% |
| HOA | $465.0 | $393 | 70% |
| Days on market | 56 | 201 | 17% |
Pricing History
Listed for Sale
Jan 10, 2026
$789,000
Initial Listing
Sold
May 31, 2022
$765,000
Public Record
Sold
Oct 30, 2017
$550,000
Public Record
Sold
Jan 15, 2015
$465,000
Public Record
Sold
Nov 4, 1999
$183,000
Public Record


































