6 Eucalyptus, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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Irvine, California 92612
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,150,000—positioned above the $1,094,546 Fair Market Value. While the property requires modernization, its Fair Condition Rating and 1,224 sqft layout offer significant value-add potential. Located in the prestigious University Park, the home provides access to Top-Rated Schools like Rancho San Joaquin Middle and University High. Featuring a private patio and resort-style community amenities, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a long-term asset in a prime Irvine location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6 Eucalyptus Subject | $1,050,000* List Price | 2 | 2 | 1,224 | $858 | - |
A 27 Dogwood S Sold | $980,000 | 2 | 2 | 1,224 | $801 | 0.1 mi |
B 17292 Candleberry Sold | $1,200,000 | 3 | 2 | 1,384 | $867 | 0.3 mi |
C 94 Sequoia Tree Lane Sold | $1,200,000 | 3 | 3 | 1,708 | $703 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, the property shows a mix of ages. While one bathroom has been recently updated with a modern vanity and LED mirrors, the kitchen features dated flat-panel cabinetry and the living areas retain older parquet wood flooring. The secondary bathroom tile and overall aesthetic suggest renovations are older than 20 years, placing it in the fair category as it is functional but dated.
Middle School: Rancho San Joaquin Middle School (9/10). High School: University High School (9/10).
Situated in the prestigious University Park, the property offers access to top-rated Irvine Unified schools and is minutes from UCI, ensuring strong long-term investment value.
The rare single-level floor plan features soaring vaulted ceilings and an open layout, providing excellent accessibility and a spacious, airy atmosphere.
The property includes a solar system on year 8 of a 20-year lease, requiring the buyer to assume a long-term financial commitment and contract.
Built in 1974 and featuring parquet flooring, the home may require cosmetic updates and renovations to align with contemporary luxury design trends.
Last Chance this WEEKEND...Price Reduced over $200,000+ Below Active Comps for a Quick Sale! Sellers Have Found Their Retirement Home and Don't Want to Lose it!! Don't Buy Someone Else's Remodel, Make This One Yours!! Nestled within the highly sought-after Terrace community of University Park, this exceptional Irvine location offers a lifestyle defined by convenience, recreation, and top-rated education. Residents enjoy beautifully maintained greenbelts, mature landscaping, expansive open spaces, resort-style pools and spas, playgrounds, picnic and barbecue areas, clubhouses, and scenic walking paths that create a peaceful neighborhood atmosphere. This desirable single-story residence features 2 bedrooms and 2 bathrooms, offering a comfortable and functional floor plan designed for everyday living. The spacious living and dining areas are highlighted by soaring vaulted ceilings that create an open, airy feel, while a cozy gas fireplace serves as a welcoming focal point in the living room. Parquet wood flooring adds warmth and character throughout the main living spaces, complemented by carpeted bedrooms for comfort and a tile kitchen floor for easy maintenance. The Terrace is one of Irvine's hidden gems, known for its quiet surroundings, established tree-lined streets, and strong sense of community. Ideally situated in the heart of Irvine, residents benefit from close proximity to award-winning Irvine Unified schools, including University Park Elementary, Rancho San Joaquin Middle School, and University High School. The community is also just minutes from University of California, Irvine, making it an attractive location for families, professionals, and university affiliates alike. Outdoor enthusiasts will appreciate nearby parks, walking and biking trails, golf courses, and the popular Tanaka Farms. Premier shopping, dining, and entertainment destinations are all within easy reach, while convenient access to major freeways and the nearby John Wayne Airport simplifies commuting and travel. Just a short drive from Orange County's renowned beaches and coastal destinations, The Terrace offers the perfect balance of suburban tranquility and Southern California convenience. With outstanding community amenities, beautifully maintained grounds, and an unbeatable central location, this is a wonderful opportunity to enjoy the highly desirable University Park lifestyle. Solar System Leased Year 8 of 20yrs
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,224 | 2,486 |
| Lot Size | 3,042 | 4,950 |
| Price | $1.05M | $2.08M |
| Price per sq ft | $858 | $872 |
| Built year | 1974 | 1999 |
| HOA | $352.8 | $190 |
| Days on market | 35 | 50 |
Jul 10, 2026
$1,050,000
$1,085,000
-3% Price Drop
Initial Listing
Jul 4, 2026
$1,085,000
$1,150,000
-6% Price Drop
Initial Listing
Jun 17, 2026
$1,150,000
Initial Listing
Nov 30, 2016
$585,000
Public Record
May 9, 1996
$179,000
Public Record