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

5151 Walnut, Irvine, California 92604 home-pic-0

5151 Walnut

Irvine, California 92604

ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,156Sq Ft
110,357Lot Size

Property Price

LIST PRICE$789,000

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

Good
TeardownExcellent

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

6/10

Deerfield Elementary School

Grades K-6 • 1.1 mi

7/10

Venado Middle School

Grades 7-8 • 1.1 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
48%
Baths3.03.0
50%
Square foot1,1561,296
39%
Lot Size110,357110,357
50%
Price$789.0K$1.07M
22%
Price per sq ft$683$762
22%
Built year19821978
91%
HOA$465.0$393
70%
Days on market56201
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

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