ActiveResidential · sale

254 Monroe

Irvine, CA 92620

$1,095,000

  • 3 beds
  • 3 baths
  • 1,411 sq ft
  • 4.32 acres
  • Built 1985

Listed by JC Pacific Corp. · MLS #TR26135692

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Offering approximately 1,411 square feet of living space, this residence features 3 bedrooms and 2.5 bathrooms with a bright and open floor plan.

Details worth a look

Large sliding glass doors open to a private backyard patio surrounded by lush greenery, creating the perfect setting for relaxation or entertaining family and friends.

Year built

Built in 1985.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Price Improvement! Now reduced by $31,000, offering exceptional value in a highly desirable neighborhood.



Welcome to 254 Monroe, a beautifully upgraded end-unit townhome located in the highly sought-after Timberline community of Northwood, Irvine. Ideally situated on a premium interior lot adjacent to the community pool, recreational amenities, and guest parking, this home enjoys serene greenbelt views and a spacious private backyard, offering an exceptional combination of convenience, privacy, and comfortable living. Offering approximately 1,411 square feet of living space, this residence features 3 bedrooms and 2.5 bathrooms with a bright and open floor plan. High-quality waterproof luxury vinyl flooring extends throughout the home, complemented by custom wood shutters and elegant contemporary finishes. The upgraded kitchen showcases custom wood cabinetry, a large center island, and modern Whirlpool appliances, seamlessly flowing into the family and dining areas. A charming brick fireplace serves as the focal point of the living room, adding warmth and character to the home's inviting atmosphere. Large sliding glass doors open to a private backyard patio surrounded by lush greenery, creating the perfect setting for relaxation or entertaining family and friends. The patio also provides direct access to the attached two-car garage. Upstairs, the spacious primary suite features an en-suite bathroom and a wall of mirrored closets, while two additional bedrooms share a full bathroom. A convenient upstairs laundry area further enhances everyday functionality. Residents of Timberline enjoy access to a sparkling community pool, children's playground, and beautifully maintained greenbelt areas. Conveniently located near parks, shopping centers, dining, and entertainment, the home is also served by Irvine Northwood's highly acclaimed top-rated schools. Combined with low property taxes and affordable HOA dues, this property offers exceptional long-term value. Whether for owner-occupancy or investment, this is a rare opportunity to own a quality home in one of Irvine's most desirable neighborhoods. We warmly invite you to experience it in person.

Upcoming open houses

–11:00 pm · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

Explore the location.

254 Monroe, Irvine, CA 92620

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Map position comes from the listing source. Open directions in Google Maps

LOCAL MARKET CONTEXT

Orange County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$1,230,134Up 2.6% vs. the previous 12 months
Months of supply2.912-month average
Days on market3712-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1985
Full baths
2
Half baths
1
Garage spaces
2
Cooling
CentralAir
Pool
No
Pool features
Community,Fenced,Tile,Association
Subdivision
Northwood Place (PL)
Parcel
93209549
HOA
Northwood Timberline
HOA amenities
Pool,SpaHotTub
HOA fee frequency
Monthly
HOA fee
$270.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,562.50
Cap rate

Annual operating income:

HOA: Includes $270.00 per month in HOA dues, converted from the $270.00 monthly fee reported by the listing source.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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254 Monroe, Irvine, CA 92620 · MLS #TR26135692

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Listing information

MLS #TR26135692 · California Regional MLS

Listing brokerage: JC Pacific Corp.
Listing agent: Yamin Wu

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.