$430,000
●
Condo -
Off Market
2233 Martin #424
Irvine, CA 92612
1 Bed
1 Bath
835 Ft²
$685,440
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
The Metropolitan is one of Irvine's most sought after resort style
communities given its prime location walking distance to John Wayne
Airport, shopping, world class Restaurants and Irvine Central
Business District. This turnkey 1 bedroom 1 bath penthouse
condo, features a 24-hour gate guarded entry with gorgeous
amenities and most importantly 2 parking spots. This great
open floor plan features 9 foot plus ceilings with crown molding,
ceiling fans ,a cozy fireplace and your very own private patio.
All Elevator served. Freshly Remodeled Kitchen with quartz
counters, sub-way tile back splash and white Shaker Cabinets. The
large Master Suite with stunning en-suite bathroom with dual
vanities, granite counter tops and an extra-large walk-in frame
less glass shower. This home is perfect for anyone who wants
a turnkey, zero maintenance lifestyle. On site amenities
include state of the art fitness center, spa, clubhouse and a
tropical paradise all within minutes of the most beautiful beaches
in the OC.
Unit Size
835 Ft²
Days on Market
44 days
Land Size
-
Price per sqft
$514
Property Type
Condo
Property Taxes
-
HOA Dues
$430
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #NP17130700)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2017 | Sold | ||
| Sold | |||
| Jun 14, 2017 | Listed by Coldwell Banker Res. Brokerage | $428,800 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: On Site, ControlledEntrance, OneSpace
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: Cathedral Ceiling(s), Eat-in Kitchen, Balcony, SeparateFormalDiningRoom, PrimarySuite
Appliances: Dishwasher, Gas Cooktop, Microwave, Dryer
Flooring Type: Carpet, Wood
Door Features: French Doors
Laundry Features: In Kitchen
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Has Property Attached
Square Footage: 835
Security Features: Carbon Monoxide Detector(s), Gated with Guard, Gated Community, Smoke Detector(s), Security Guard
Property Condition: Updated/Remodeled, Turnkey
Year Built Source: Builder
Year Built: 1991
Builder Name: Douglas Plaza Ltd
Levels: One
Window Features: Plantation Shutters, Shutters
Construction Materials: Stucco
Patio and Porch Features: Patio
Pool Features: Community, Heated, Association
Lot Features: Paved
Lot Size Units: Square Feet
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Pool, Spa/Hot Tub
HOA Fee: $430
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/19/2026
|
2 Bed
|
1 Bath
|
952 ft²
|
$625,000
2 Bed
1 Bath
952 ft²
|
$625,000
05/04/2026
|
John Babai
John Babai, Broker
| |
|
02/03/2026
|
2 Bed
|
1 Bath
|
952 ft²
|
$678,800
2 Bed
1 Bath
952 ft²
|
$675,000
-0.56%
03/31/2026
|
Megan Bixler
HOMZ
| |
|
10/13/2025
|
2 Bed
|
2 Bath
|
1277 ft²
|
$835,000
2 Bed
2 Bath
1277 ft²
|
$815,000
-2.40%
01/26/2026
|
Johnny Azodi
Coldwell Banker Platinum Prop
| |
|
09/28/2025
|
2 Bed
|
2 Bath
|
1264 ft²
|
$828,000
2 Bed
2 Bath
1264 ft²
|
$775,000
-6.40%
01/12/2026
|
Kinney Yong
Re/Max Premier Realty
| |
|
03/12/2025
|
2 Bed
|
2 Bath
|
1436 ft²
|
$815,000
2 Bed
2 Bath
1436 ft²
|
$815,000
04/28/2025
|
Affie Setoodeh
Century 21 Award
| |
|
11/21/2024
|
2 Bed
|
2 Bath
|
1436 ft²
|
$889,000
2 Bed
2 Bath
1436 ft²
|
$891,000
+0.22%
01/02/2025
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
10/31/2024
|
1 Bed
|
1 Bath
|
952 ft²
|
$685,000
1 Bed
1 Bath
952 ft²
|
$625,000
-8.76%
03/27/2025
|
Orlando Cintron
J.D. Real Estate
| |
|
10/18/2024
|
2 Bed
|
2 Bath
|
1326 ft²
|
$824,500
2 Bed
2 Bath
1326 ft²
|
$795,000
-3.58%
02/20/2025
|
Darrell Belisle
So Cal Life Realtors Inc.
| |
|
09/26/2024
|
2 Bed
|
2 Bath
|
1269 ft²
|
$899,000
2 Bed
2 Bath
1269 ft²
|
$920,000
+2.34%
11/04/2024
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
08/29/2023
|
2 Bed
|
2 Bath
|
1233 ft²
|
$888,000
2 Bed
2 Bath
1233 ft²
|
-
-
|
Valerie Bourg
First Team Real Estate
| |
|
09/20/2022
|
2 Bed
|
2 Bath
|
1233 ft²
|
$875,000
2 Bed
2 Bath
1233 ft²
|
-
-
|
Valerie Bourg
First Team Real Estate
| |
|
10/24/2022
|
2 Bed
|
2 Bath
|
1269 ft²
|
$868,000
2 Bed
2 Bath
1269 ft²
|
-
-
|
Payam Shirazi
One And One Realty
| |
|
07/19/2022
|
2 Bed
|
2 Bath
|
1233 ft²
|
$699,000
2 Bed
2 Bath
1233 ft²
|
$720,000
+3.00%
08/10/2022
|
Adam Hammodat
Keller Williams Realty
| |
|
07/19/2022
|
1 Bed
|
1 Bath
|
835 ft²
|
$599,995
1 Bed
1 Bath
835 ft²
|
$580,000
-3.33%
10/20/2022
|
David Feldberg
Coastal Real Estate Group
| |
|
07/18/2022
|
1 Bed
|
1 Bath
|
952 ft²
|
$700,000
1 Bed
1 Bath
952 ft²
|
-
-
|
Tyler Brown
Trinity Homes & Investments
| |
|
05/20/2022
|
2 Bed
|
1 Bath
|
952 ft²
|
$645,000
2 Bed
1 Bath
952 ft²
|
-
-
|
Afshin Eskandari
West Shores Realty, Inc.
| |
|
03/02/2022
|
1 Bed
|
1 Bath
|
952 ft²
|
$609,000
1 Bed
1 Bath
952 ft²
|
-
-
|
Debra Kovacs
Century 21 Award
| |
|
02/24/2022
|
1 Bed
|
1 Bath
|
952 ft²
|
$629,000
1 Bed
1 Bath
952 ft²
|
$629,000
03/31/2022
|
Judith Shab
Realty One Group West
| |
|
10/15/2021
|
1 Bed
|
1 Bath
|
835 ft²
|
$560,000
1 Bed
1 Bath
835 ft²
|
$565,000
+0.89%
12/07/2021
|
MARY ANN MCMAHAN
Berkshire Hath Hm Svcs CA Prop
| |
|
06/30/2021
|
1 Bed
|
1 Bath
|
952 ft²
|
$525,000
1 Bed
1 Bath
952 ft²
|
$545,000
+3.81%
08/05/2021
|
Min Seo
Redfin
| |
|
07/18/2020
|
2 Bed
|
1 Bath
|
952 ft²
|
$468,000
2 Bed
1 Bath
952 ft²
|
-
-
|
-
| |
|
07/12/2020
|
1 Bed
|
1 Bath
|
835 ft²
|
$520,000
1 Bed
1 Bath
835 ft²
|
-
-
|
-
| |
|
07/08/2020
|
2 Bed
|
1 Bath
|
952 ft²
|
$499,000
2 Bed
1 Bath
952 ft²
|
$495,000
-0.80%
10/16/2020
|
Liz Keene
Berkshire Hathaway HomeService
| |
|
04/06/2020
|
1 Bed
|
1 Bath
|
952 ft²
|
$425,000
1 Bed
1 Bath
952 ft²
|
$410,000
-3.53%
06/18/2020
|
PRANAVKUMAR PATEL
RE/MAX TOP PRODUCERS
| |
|
01/19/2020
|
1 Bed
|
1 Bath
|
952 ft²
|
$439,000
1 Bed
1 Bath
952 ft²
|
$430,000
-2.05%
02/24/2020
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
06/20/2019
|
1 Bed
|
1 Bath
|
952 ft²
|
$439,000
1 Bed
1 Bath
952 ft²
|
$420,000
-4.33%
01/09/2020
|
Samantha Gelberger
| |
|
10/24/2019
|
1 Bed
|
1 Bath
|
952 ft²
|
$422,000
1 Bed
1 Bath
952 ft²
|
$415,000
-1.66%
01/08/2020
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
10/05/2019
|
1 Bed
|
1 Bath
|
952 ft²
|
$449,000
1 Bed
1 Bath
952 ft²
|
$410,000
-8.69%
06/18/2020
|
PRANAVKUMAR PATEL
| |
|
08/24/2019
|
1 Bed
|
1 Bath
|
952 ft²
|
$415,000
1 Bed
1 Bath
952 ft²
|
$410,000
-1.20%
11/15/2019
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
07/20/2019
|
1 Bed
|
1 Bath
|
835 ft²
|
$468,000
1 Bed
1 Bath
835 ft²
|
$458,000
-2.14%
08/29/2019
|
Michael Hausam
Vista Pacific Realty
| |
|
11/09/2018
|
2 Bed
|
2 Bath
|
1277 ft²
|
$549,000
2 Bed
2 Bath
1277 ft²
|
-
-
|
-
| |
|
03/26/2019
|
1 Bed
|
1 Bath
|
952 ft²
|
$445,000
1 Bed
1 Bath
952 ft²
|
$445,000
05/03/2019
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
02/24/2019
|
2 Bed
|
2 Bath
|
1204 ft²
|
$565,000
2 Bed
2 Bath
1204 ft²
|
$562,000
-0.53%
07/01/2019
|
Beth Sparks
Century 21 Discovery
| |
|
09/27/2018
|
1 Bed
|
1 Bath
|
952 ft²
|
$439,000
1 Bed
1 Bath
952 ft²
|
$419,000
-4.56%
02/28/2019
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
07/30/2018
|
1 Bed
|
1 Bath
|
952 ft²
|
$439,000
1 Bed
1 Bath
952 ft²
|
$415,000
-5.47%
03/01/2019
|
Randy Argue
Plan A Real Estate
| |
|
05/30/2018
| |
1 Bed
|
1 Bath
|
952 ft²
|
-
1 Bed
1 Bath
952 ft²
|
-
-
|
-
|
|
03/15/2018
|
1 Bed
|
1 Bath
|
952 ft²
|
$424,900
1 Bed
1 Bath
952 ft²
|
$435,000
+2.38%
03/23/2018
|
Ruthie Truscott
Travis Baron - Broker
| |
|
10/25/2017
|
2 Bed
|
2 Bath
|
1297 ft²
|
$540,000
2 Bed
2 Bath
1297 ft²
|
$530,000
-1.85%
04/06/2018
|
RAYMOND TSAI
KELLER WILLIAMS SIGNATURE RLTY
| |
|
10/18/2017
|
1 Bed
|
1 Bath
|
835 ft²
|
$439,000
1 Bed
1 Bath
835 ft²
|
$445,000
+1.37%
11/13/2017
|
Mie Katayama
Kasumi Rlty Newport Beach
| |
|
06/20/2017
|
2 Bed
|
2 Bath
|
1269 ft²
|
$540,000
2 Bed
2 Bath
1269 ft²
|
$545,000
+0.93%
07/17/2017
|
Wyn Dee Swartz
First Team Estate
| |
|
06/14/2017
|
1 Bed
|
1 Bath
|
835 ft²
|
$428,800
1 Bed
1 Bath
835 ft²
|
$430,000
+0.28%
07/28/2017
|
Marcus Kiwi Gualter
Coldwell Banker Realty
| |
|
05/09/2017
|
2 Bed
|
2 Bath
|
1204 ft²
|
$551,888
2 Bed
2 Bath
1204 ft²
|
$540,000
-2.15%
09/05/2017
|
Maryam Assad
Maryam Assad, Broker
|
Building Info
About Irvine Business Complex
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marcus Gualter, Coldwell Banker Res. Brokerage
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP17130700
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP17130700
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