1
Map
$382,000
●
Condo -
Off Market
2243 Martin #321
Irvine, CA 92612
1 Bed
1 Bath
835 Ft²
$573,867
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
A wonderful opportunity to live in a conveniently located
condominium project or an opportunity to own an income producing
property at a low entry level price-wise.This darling spacious one
bedroom, one bathroom unit has just been freshly painted and has
all new carpet. A large balcony extends across your living room
with access from your bedroom, as well. The master bathroom
features double sinks and a large soaking tub with overhead shower
and private toilet room. The living room has a cozy fireplace and
an adjacent dining area for more formal dining. The entry and
kitchen floors are wood and are easily maintained. Never leave your
unit to do your laundry as there is a newer stacked washer-dryer
behind doors in the kitchen. The unit, also, comes with a quality
refrigerator. This unit is only steps to one of two elevators
that service all floors and the trash chute that makes disposal of
trash a breeze. Agents, this is a little gem of a unit. The
association has a large pool, spa, community clubhouse and a pretty
extensive gym facility. Finally, check out our amazing price and
let's go to escrow.
Unit Size
835 Ft²
Days on Market
122 days
Land Size
-
Price per sqft
$466
Property Type
Condo
Property Taxes
-
HOA Dues
$475
Year Built
-
Payment Calculator
Home Price
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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 #NP19004935)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2019 | Sold | ||
| Sold | |||
| Jan 7, 2019 | Listed by McMonigle Group Corp | $389,000 | |
| Listed by McMonigle Group Corp | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Assigned, Underground
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Eat-in Kitchen, Balcony, LivingRoomDeckAttached, MainLevelPrimary
Appliances: Electric Oven, Electric Range
Flooring Type: Carpet, Laminate
Laundry Features: Common Area, In Kitchen, Stacked
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 835
Year Built Source: Public Records
Year Built: 1990
Levels: One
Pool Features: Community, Heated, In Ground, Association
Lot Features: ThirtySixToFortyUnitsAcre
Tax Lot: 2
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : SewerTapPaid
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Pool, Spa/Hot Tub
HOA Fee: $475
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 |
|---|---|---|---|---|---|---|---|
|
02/04/2026
|
2 Bed
|
2 Bath
|
1264 ft²
|
$779,000
2 Bed
2 Bath
1264 ft²
|
$780,000
+0.13%
05/26/2026
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
10/01/2025
|
1 Bed
|
1 Bath
|
952 ft²
|
$685,000
1 Bed
1 Bath
952 ft²
|
$650,000
-5.11%
02/09/2026
|
MARCELA HERRERA
MAINSTREET REALTORS
| |
|
09/15/2025
|
1 Bed
|
1 Bath
|
934 ft²
|
$650,000
1 Bed
1 Bath
934 ft²
|
$560,000
-13.85%
01/15/2026
|
Bob Strausheim
Berkshire Hathaway HomeService
| |
|
09/05/2025
|
1 Bed
|
1 Bath
|
952 ft²
|
$689,000
1 Bed
1 Bath
952 ft²
|
$679,000
-1.45%
10/28/2025
|
Julia Dart
Harcourts Prime Properties
| |
|
08/28/2025
|
1 Bed
|
1 Bath
|
952 ft²
|
$685,000
1 Bed
1 Bath
952 ft²
|
$645,000
-5.84%
01/30/2026
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
08/02/2025
|
2 Bed
|
2 Bath
|
1233 ft²
|
$849,000
2 Bed
2 Bath
1233 ft²
|
$829,000
-2.36%
10/29/2025
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
06/12/2025
|
1 Bed
|
1 Bath
|
952 ft²
|
$720,000
1 Bed
1 Bath
952 ft²
|
$673,260
-6.49%
12/31/2025
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
07/23/2024
|
2 Bed
|
2 Bath
|
1264 ft²
|
$845,000
2 Bed
2 Bath
1264 ft²
|
$870,000
+2.96%
08/30/2024
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
08/23/2023
|
2 Bed
|
2 Bath
|
1261 ft²
|
$810,000
2 Bed
2 Bath
1261 ft²
|
-
-
|
Esther Valenzuela
Nationwide Real Estate Execs
| |
|
08/11/2023
|
2 Bed
|
2 Bath
|
1204 ft²
|
$799,900
2 Bed
2 Bath
1204 ft²
|
-
-
|
Jeff Stearman
Keller Williams OC Coastal Rea
| |
|
02/10/2023
|
2 Bed
|
1 Bath
|
952 ft²
|
$698,000
2 Bed
1 Bath
952 ft²
|
-
-
|
Mary Jafarkhani
Re/Max Premier Realty
| |
|
04/06/2022
|
1 Bed
|
1 Bath
|
923 ft²
|
$705,000
1 Bed
1 Bath
923 ft²
|
-
-
|
Terri Newland
First Team Real Estate
| |
|
01/26/2022
|
1 Bed
|
1 Bath
|
952 ft²
|
$629,000
1 Bed
1 Bath
952 ft²
|
-
-
|
Debra Kovacs
Century 21 Award
| |
|
07/22/2021
| |
1 Bed
|
1 Bath
|
835 ft²
|
$499,950
1 Bed
1 Bath
835 ft²
|
-
-
|
Coleen Brennan
Engel & Volkers Newport Beach
|
|
03/02/2021
|
2 Bed
|
2 Bath
|
1204 ft²
|
$595,000
2 Bed
2 Bath
1204 ft²
|
-
-
|
-
| |
|
02/16/2021
|
1 Bed
|
1 Bath
|
952 ft²
|
$544,900
1 Bed
1 Bath
952 ft²
|
-
-
|
-
| |
|
08/27/2020
|
2 Bed
|
1 Bath
|
952 ft²
|
$525,000
2 Bed
1 Bath
952 ft²
|
-
-
|
-
| |
|
07/07/2020
|
2 Bed
|
2 Bath
|
1261 ft²
|
$579,000
2 Bed
2 Bath
1261 ft²
|
-
-
|
-
| |
|
03/09/2020
|
1 Bed
|
1 Bath
|
923 ft²
|
$449,000
1 Bed
1 Bath
923 ft²
|
$428,000
-4.68%
04/20/2020
|
Terri Newland
First Team Real Estate
| |
|
08/11/2019
|
1 Bed
|
1 Bath
|
835 ft²
|
$449,000
1 Bed
1 Bath
835 ft²
|
$449,000
10/01/2019
|
William Lee
Help-U-Sell Beachside
| |
|
07/07/2019
|
2 Bed
|
2 Bath
|
1269 ft²
|
$542,500
2 Bed
2 Bath
1269 ft²
|
$535,000
-1.38%
09/04/2019
|
Margie Moore
Aliso Niguel Realty
| |
|
06/14/2019
|
1 Bed
|
1 Bath
|
952 ft²
|
$424,750
1 Bed
1 Bath
952 ft²
|
$423,000
-0.41%
09/24/2019
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
04/29/2019
|
2 Bed
|
2 Bath
|
1325 ft²
|
$599,000
2 Bed
2 Bath
1325 ft²
|
$590,000
-1.50%
06/11/2019
|
Butch Suddarth
Metropolitan Realty, Inc
| |
|
04/24/2019
|
1 Bed
|
1 Bath
|
952 ft²
|
$439,000
1 Bed
1 Bath
952 ft²
|
$425,000
-3.19%
06/28/2019
|
Edith Jimenez
Veredi Real Estate
| |
|
04/17/2019
|
1 Bed
|
1 Bath
|
952 ft²
|
$438,000
1 Bed
1 Bath
952 ft²
|
$425,500
-2.85%
06/06/2019
|
Miki Singer
Coldwell Banker
| |
|
02/01/2019
|
2 Bed
|
2 Bath
|
1269 ft²
|
$540,000
2 Bed
2 Bath
1269 ft²
|
-
-
|
-
| |
|
01/07/2019
|
1 Bed
|
1 Bath
|
835 ft²
|
$389,000
1 Bed
1 Bath
835 ft²
|
$382,000
-1.80%
05/09/2019
|
Barbara Amstadter
McMonigle Group Corp
| |
|
09/07/2018
|
2 Bed
|
2 Bath
|
1326 ft²
|
-
2 Bed
2 Bath
1326 ft²
|
-
-
|
-
| |
|
08/05/2018
|
1 Bed
|
1 Bath
|
835 ft²
|
$410,000
1 Bed
1 Bath
835 ft²
|
$400,000
-2.44%
01/07/2019
|
Steve Nader
Compass
| |
|
05/10/2018
|
2 Bed
|
1 Bath
|
1233 ft²
|
$529,900
2 Bed
1 Bath
1233 ft²
|
$525,000
-0.92%
08/30/2018
|
Staci Saunders
Allison James Estates & Homes
| |
|
03/12/2018
|
2 Bed
|
2 Bath
|
1269 ft²
|
$565,000
2 Bed
2 Bath
1269 ft²
|
$550,000
-2.65%
04/09/2018
|
Neville Anklesaria
The Surrealty Group
| |
|
01/15/2018
|
1 Bed
|
1 Bath
|
952 ft²
|
$425,000
1 Bed
1 Bath
952 ft²
|
$425,000
03/19/2018
|
Danae Aballi-Mecham
Real Brokerage Technologies, Inc
| |
|
04/10/2015
|
2 Bed
|
2 Bath
|
1300 ft²
|
$489,000
2 Bed
2 Bath
1300 ft²
|
$480,000
-1.84%
09/01/2015
|
Liliana Mercedes
Gatehouse Properties
| |
|
02/21/2014
|
2 Bed
|
2 Bath
|
1297 ft²
|
$428,000
2 Bed
2 Bath
1297 ft²
|
$415,000
-3.04%
05/07/2014
|
Debra Shen
Triple-Eight Realty
| |
|
02/28/2013
|
1 Bed
|
1 Bath
|
934 ft²
|
$349,800
1 Bed
1 Bath
934 ft²
|
$348,000
-0.51%
04/05/2013
|
Marquise Beucler
Arbor Real Estate
|
Building Info
About Irvine Business Complex
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Barbara Amstadter, McMonigle Group Corp
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP19004935
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NP19004935
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