Remodeled & Light-Filled University Park Home
Welcome to this beautifully updated 2-bedroom, 2-bath home in the desirable University Park community of Irvine. Thoughtfully remodeled and move-in ready, this inviting residence combines modern improvements with an open, airy floor plan and impressive high ceilings that create a wonderful sense of space and natural light.
The remodeled kitchen, completed approximately three years ago, offers a fresh, contemporary feel and flows seamlessly into the living and dining areas. Both bathrooms have been beautifully remodeled and feature high ceilings and skylights, filling the spaces with abundant natural light and creating a bright, airy atmosphere.
Additional improvements include new flooring throughout and inviting front and rear patios, providing comfortable outdoor spaces for relaxing, entertaining, or enjoying California's indoor-outdoor lifestyle. A 2-car attached garage adds convenience and functionality.
Located in the sought-after University Park community, this home offers access to a wealth of amenities while enjoying a convenient Irvine location. With its extensive remodeling already completed, this is an excellent opportunity for a buyer seeking a turnkey home where the major improvements have already been done—just move in and enjoy.
Highlights include:
Remodeled kitchen (approximately 3 years ago)
Two beautifully remodeled bathrooms
High ceilings and skylights
New flooring throughout
Open, light-filled floor plan
Front and rear patios
2-car attached garage
Desirable University Park location
Move-in ready
A particularly strong feature of this property is that the major remodeling has already been completed, allowing the next owner to enjoy the benefits without the time, expense, and inconvenience of a major renovation.
For sale
Listed by: Century 21 Masters • Alex Gallardo • Contact: 949-981-9198
Price cut: $25K (9/22)
$999,995
5086 Cinnamon, Irvine, CA 92612
2beds
1,224sqft
Single Family Residence
Built in 1974
2,800 Square Feet Lot
$988,600 Zestimate®
$817/sqft
$353/mo HOA
What's special
- 65 days
- 1,386
- 65
Zillow last checked:
Listing updated:
Listed by:
Alex Gallardo DRE #01139605 949-981-9198,
Century 21 Masters
Source: CRMLS,MLS#: OC26167941
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher
- Laundry: Inside
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,224 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Direct Access, Driveway, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: street
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Association, Community
Lot
- Size: 2,800 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 45316325
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Flat Tile
Condition
- Turnkey
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Dog Park, Storm Drain(s), Street Lights, Suburban, Sidewalks, Pool
- Subdivision: Other
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Maintenance Grounds, Barbecue, Pool, Spa/Hot Tub
- HOA fee: $353 monthly
- HOA name: The Terrace Community Association
- HOA phone: 949-716-3998
Location
- Region: Irvine
Financial & listing details
- Price per square foot: $817/sqft
- Tax assessed value: $260,493
- Date on market: 8/1/2026
- Cumulative days on market: 66 days
- Listing terms: Conventional
Estimated market value
$988,600
$939,000 - $1.04M
$3,897/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Price change | $999,995-2.4%$817/sqft |
Source: | ||
| 9/17/2026 | Price change | $1,025,000-2.4%$837/sqft |
Source: | ||
| 9/10/2026 | Price change | $1,050,000-4.5%$858/sqft |
Source: | ||
| 8/24/2026 | Price change | $1,100,000-8.3%$899/sqft |
Source: | ||
| 8/1/2026 | Listed for sale | $1,199,000+688.8%$980/sqft |
Source: | ||
| 9/20/1995 | Sold | $152,000$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $260,493 +2% |
| 2025 | $2,702 +2.3% | $255,386 +2% |
| 2024 | $2,640 +2.7% | $250,379 +2% |
| 2023 | $2,572 +1.9% | $245,470 +2% |
| 2022 | $2,524 +2.4% | $240,657 +2% |
| 2021 | $2,466 +0.6% | $235,939 +1% |
| 2020 | $2,450 | $233,520 +2% |
| 2019 | $2,450 +2.3% | $228,942 +2% |
| 2018 | $2,395 +4.2% | $224,453 +2% |
| 2017 | $2,298 | $220,052 +2% |
| 2016 | $2,298 +4.6% | $215,738 +1.5% |
| 2015 | $2,196 +3.6% | $212,498 +2% |
| 2014 | $2,119 | $208,336 +0.5% |
| 2013 | -- | $207,395 +2% |
| 2012 | -- | $203,329 +2% |
| 2011 | -- | $199,343 +0.8% |
| 2010 | -- | $197,854 -0.2% |
| 2009 | -- | $198,325 +2% |
| 2008 | -- | $194,437 +2% |
| 2007 | -- | $190,625 +2% |
| 2006 | -- | $186,888 +2% |
| 2005 | -- | $183,224 +2% |
| 2004 | -- | $179,632 +3% |
| 2003 | -- | $174,345 +2% |
| 2002 | -- | $170,927 +2% |
| 2001 | $1,655 +1.4% | $167,576 +2% |
| 2000 | $1,631 | $164,291 |
Find assessor info on the county website
Monthly payment
Est. payment




