7202 Apricot Drive 7202, Irvine, California 92618, Irvine, 92618 - 1 bed, 1 bath
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7202 Apricot Drive 7202
Irvine, California 92618
ACTIVE
CONDITION: FAIR
1Beds
1Baths
813Sq Ft
0Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$498,287
SUMMARY
This 1-bedroom, 1-bath condominium represents a Strong Value Opportunity, listed at a List Price of $499,000—positioned well below the $498,288 Fair Market Value by a negligible margin, reflecting a stable, fair-market entry. With a Condition Rating of 4, the unit offers a solid foundation for cosmetic updates to drive future appreciation. Located in the Irvine Unified School District near Lakeside Middle and Woodbridge High, this property is ideal for Buy-and-Hold Investors or first-time buyers seeking a central location with community pool, spa, and greenbelt views.
Estimated Market Value
$498,287
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7202 Apricot Drive 7202 Subject 1 bd · 1 ba · 813 sqft · $613 | $499,000* List Price | 1 | 1 | 813 | $613 | - |
A 143 Orange Blossom Sold 1 bd · 1 ba · 814 sqft · $590 · 0.2 mi | $480,000 | 1 | 1 | 814 | $590 | 0.2 mi |
B 182 Tangelo 418 Sold 1 bd · 1 ba · 661 sqft · $651 · 0.1 mi | $430,000 | 1 | 1 | 661 | $651 | 0.1 mi |
C 46 Orange Blossom Sold 1 bd · 1 ba · 661 sqft · $708 · 0.2 mi | $468,000 | 1 | 1 | 661 | $708 | 0.2 mi |
D 262 Lemon Grove Sold 2 bd · 2 ba · 1,023 sqft · $616 · 0.1 mi | $630,000 | 2 | 2 | 1,023 | $616 | 0.1 mi |
E 66 Orange Blossom Sold 1 bd · 1 ba · 661 sqft · $696 · 0.2 mi | $460,000 | 1 | 1 | 661 | $696 | 0.2 mi |
F 7215 Apricot Active 1 bd · 1 ba · 813 sqft · $614 · 0.0 mi | $499,000 List Price | 1 | 1 | 813 | $614 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1981, this 45-year-old condo appears well-maintained but dated. The interior features original-style mirrored closet doors, older carpeting, and standard finishes that likely exceed the 20-year threshold without a major renovation. While move-in ready, it requires cosmetic updates to kitchens and baths to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Lakeside Middle School (9/10). High School: Woodbridge High School (9/10).
- Prime Central Location
Situated within walking distance to Irvine Valley College and minutes from major freeways and shopping centers, this property offers exceptional convenience for students and professionals alike.
- Competitive Entry-Level Pricing
Priced under $500,000, this condo represents a rare and affordable opportunity to own real estate in the highly desirable Irvine market, making it ideal for first-time buyers or investors.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $595 per month is relatively high for a one-bedroom unit, which significantly impacts the total monthly carrying cost and overall affordability.
- Aging Construction
Built in 1981, the property may require modern cosmetic updates or infrastructure maintenance to compete with newer developments in the surrounding Irvine area.
About 7202 Apricot Drive 7202
Welcome to 7202 Apricot Drive, a charming 1-bedroom, 1-bath condo ideally situated in the heart of Irvine. Offering 813 square feet of comfortable living space, this inviting upper-level home features a bright, open floor plan filled with natural light, a generously sized bedroom, and a spacious private balcony overlooking peaceful greenbelt views. The true standout is the INCREDIBLE CENTRAL IRVINE LOCATION. Located within walking distance of Irvine Valley College, enjoy being just minutes from shopping, dining, entertainment, parks, and everyday conveniences, with easy access to major freeways and many of Irvine and Orange County’s most popular destinations. Whether commuting to work, heading out for dinner, shopping, or spending the day exploring everything Orange County has to offer, this prime location puts it all within easy reach. The community offers an impressive collection of amenities, including a sparkling pool and spa, fitness room and sport courts—providing plenty of opportunities to relax, stay active, and enjoy the Southern California lifestyle right at home. Opportunities to own in the heart of Irvine at this price point don't come along often. Come see everything 7202 Apricot Drive has to offer!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $595.0 / Month
Neighborhood Insights
Irvine Unified Schools
Eastshore Elementary School
Grades K-6 • 1.1 mi
7/10
Lakeside Middle School
Grades 7-8 • 1.5 mi
9/10
Woodbridge High School
Grades 9-12 • 1.8 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.7 |
| Baths | 1.0 | 3.0 |
| Square foot | 813 | 1,685.105 |
| Lot Size | - | 42,358.594 |
| Price | $499.0K | $1.21M |
| Price per sq ft | $614 | $740 |
| Built year | 1981 | 2010 |
| HOA | $595.0 | $280 |
| Days on market | 25 | 61 |
Pricing History
Listed for Sale
Sep 30, 2026
$499,000
Initial Listing
Sold
Mar 17, 2003
$192,000
Public Record