INVESTOR'S DREAM PROPERTY-see the potential at vastly reduced price!
Discover the potential of this 3-bedroom, 2.5-bath home located in the heart of University Park, one of California’s most sought-after neighborhoods. Tucked into a charming, well-established community, this property offers a fantastic layout and a rare chance to create a personalized dream home in an unbeatable location.
Inside, you'll find a spacious living room with large windows that let in plenty of natural light, a separate dining area, and a generously sized kitchen with room to reimagine your ideal cooking space. The primary suite includes its own en-suite bathroom and ample closet space, while two additional bedrooms offer flexibility for family, guests, or a home office. A convenient half bath is located on the main floor, perfect for guests.
With top-rated schools, parks, shopping, dining, and major freeways just minutes away, the convenience and lifestyle this neighborhood offers are hard to match. The home is priced to reflect its current condition, making it an exceptional opportunity for buyers with vision looking to invest in a high-demand area.
Don't miss your chance to unlock the value and make this home your own!
Sold for $1,374,000
Listed by: Real Broker • Jamie Wilkinson • Contact: 619-248-6434
Bought with: Trinity Real Estate & Investme
$1,374,000
23 Oak Tree Ln, Irvine, CA 92612
3beds
1,960sqft
Single Family Residence
Built in 1969
3,000 Square Feet Lot
$1,392,900 Zestimate®
$701/sqft
$5,206 Estimated rent
Home value
$1,392,900
$1.28M - $1.52M
$5,206/mo
Zestimate® history
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$5,206/mo
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$5,206/mo
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$8,943/mo
Est. payment
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$8,943/mo
Est. payment
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List your homeWhat's special
En-suite bathroomLarge windowsPrimary suiteGenerously sized kitchenSeparate dining areaAmple closet space
Zillow last checked:
Listing updated:
Listed by:
Jamie Wilkinson DRE #00710492 619-248-6434,
Real Broker,
Darius Tabrizy DRE #02241820,
Real Broker
Bought with:
Silvia Ragheb, DRE #01319114
Trinity Real Estate & Investme
Source: CRMLS,MLS#: OC25093973
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Family Room, Foyer, Kitchen, Primary Bedroom
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Up
Kitchen
- Features: Kitchen/Family Room Combo
Heating
- Central, Forced Air
Cooling
- Central Air, ENERGY STAR Qualified Equipment, High Efficiency
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup, In Garage
Features
- Breakfast Bar, All Bedrooms Up, Entrance Foyer, Primary Suite
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,960 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Brick, Concrete
- Pool features: Community, Fenced, Gunite, Heated, In Ground, Association
- Has spa: Yes
- Spa features: Community, Gunite, Heated, In Ground
- Has view: Yes
- View description: Park/Greenbelt, Neighborhood
Lot
- Size: 3,000 Square Feet
- Features: 6-10 Units/Acre, Greenbelt, Near Park
Details
- Parcel number: 45312212
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
Condition
- Fixer
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available
Community & HOA
Community
- Features: Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Park, Pool
- Subdivision: Village Iii (Village Park) (V3)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
- HOA fee: $338 monthly
- HOA name: VPCA
- HOA phone: 949-883-2600
Location
- Region: Irvine
Financial & listing details
- Price per square foot: $701/sqft
- Tax assessed value: $1,401,480
- Date on market: 4/29/2025
- Cumulative days on market: 10 days
- Listing terms: Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $1,374,000-1.8%$701/sqft |
Source:  CRMLS #OC25093973 Report a problem | ||
| 5/10/2025 | Pending sale | $1,399,000$714/sqft |
Source: CRMLS #OC25093973 Report a problem | ||
| 4/29/2025 | Listed for sale | $1,399,000$714/sqft |
Source: CRMLS #OC25093973 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,401,480 +318.4% |
| 2025 | $3,532 +2.3% | $334,953 +2% |
| 2024 | $3,454 +2.7% | $328,386 +2% |
| 2023 | $3,364 +1.9% | $321,948 +2% |
| 2022 | $3,302 +2.3% | $315,636 +2% |
| 2021 | $3,227 +0.6% | $309,448 +1% |
| 2020 | $3,207 | $306,275 +2% |
| 2019 | $3,207 +2.3% | $300,270 +2% |
| 2018 | $3,135 +4.2% | $294,383 +2% |
| 2017 | $3,010 | $288,611 +2% |
| 2016 | $3,010 +4.7% | $282,952 +1.5% |
| 2015 | $2,876 +1.7% | $278,702 +2% |
| 2014 | $2,829 | $273,243 +0.5% |
| 2013 | -- | $272,009 +2% |
| 2012 | -- | $266,676 +2% |
| 2011 | -- | $261,448 +0.8% |
| 2010 | -- | $259,495 -0.2% |
| 2009 | -- | $260,113 +2% |
| 2008 | -- | $255,013 +2% |
| 2007 | -- | $250,013 +2% |
| 2006 | -- | $245,111 +2% |
| 2005 | -- | $240,305 +2% |
| 2004 | -- | $235,594 +1.9% |
| 2003 | -- | $231,277 +2% |
| 2002 | -- | $226,743 +2% |
| 2001 | $2,230 +1.4% | $222,298 +2% |
| 2000 | $2,199 | $217,940 |
Find assessor info on the county website
Neighborhood: University Park
Nearby homes
- $1,372,0003 bd3 ba2.1k sqft21 Oak Tree Ln, Irvine, CA 92612Off Market
- $1,758,9004 bd2 ba2.5k sqft25 Oak Tree Ln, Irvine, CA 92612Off Market
- $1,644,4003 bd2 ba2k sqft19 Oak Tree Ln, Irvine, CA 92612Off Market
- $1,245,8002 bd2 ba1.4k sqft27 Oak Tree Ln, Irvine, CA 92612Off Market
- $1,739,5004 bd2 ba2.5k sqft17 Oak Tree Ln, Irvine, CA 92612Off Market
- $1,352,1003 bd2 ba1.9k sqft29 Oak Tree Ln, Irvine, CA 92612Off Market
- $1,736,8004 bd2 ba2.5k sqft49 Oak Tree Ln, Irvine, CA 92612Off Market
- $1,336,2003 bd2 ba1.5k sqft47 Oak Tree Ln, Irvine, CA 92612Off Market
Nearby schools
GreatSchools rating
- 9/10University Park Elementary SchoolGrades: K-6Distance: 0.3 mi
- 10/10Rancho San Joaquin Middle SchoolGrades: 7-8Distance: 0.4 mi
- 9/10University High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: University Park
- Middle: Rancho San Joaquin
- High: University
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,392,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,392,900
- California
- Orange County
- Irvine
- 92612
- University Park
- 23 Oak Tree Ln
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Nearby neighborhoods
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