ActiveResidential · sale

5200 Irvine Blvd. 285

Irvine, CA 92620

$509,000

  • 2 beds
  • 2 baths
  • 1,296 sq ft
  • 0.03 acres
  • Built 1978

Listed by Wetrust Realty · MLS #OC26116050

A REAL PERSON, READY TO HELP

Interested in this property?

Connect with a local ERA professional for answers, a private showing, or help thinking through an offer.

Contact the property team

PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

5200 Irvine Blvd. 285, Irvine, CA 92620 · MLS #OC26116050

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Living spaces

To your right, a welcoming living room flows seamlessly into a cozy breakfast area, while a formal dining room to the left features a bright skylight and a sliding glass door that opens to beautiful side yard views.

Year built

Built in 1978.

Garage parking

2 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Discover unparalleled comfort and convenience in this well-maintained home, ideally situated on one of The Groves' most desirable lots. Tucked away on a quiet corner with a serene park behind, yet offering access to nearby restaurants and supermarkets just steps away. This location truly offers the best of both worlds.

Enjoy complete peace of mind with many recent capital improvements ensuring modern comfort and lasting value. The home was termite tented in 2021, upgraded with a new HVAC system and water heater in 2022, outfitted with a brand-new roof in 2023, and refreshed with new exterior paint and wood repair in 2024.

Step inside to a thoughtfully designed interior. To your right, a welcoming living room flows seamlessly into a cozy breakfast area, while a formal dining room to the left features a bright skylight and a sliding glass door that opens to beautiful side yard views. The fully functional kitchen boasts abundant cabinet storage and a convenient dinette table, perfect for casual meals. The floor plan is completed by a spacious primary suite with a full bath, an adjacent second bedroom, and an additional full guest bathroom. Outdoors, you can relax and recharge on the inviting front porch, which offers peaceful park views perfect for enjoying morning coffee or evening breezes. The property also features an attached two-car garage and plenty of convenient guest parking nearby.

Living at The Groves is more than just buying a home, it's stepping into a vibrant, active lifestyle backed by a 24/7 attended security gate, professional on-site management, and a dedicated activities coordinator. The community boasts resort-style amenities including a recently renovated, year-round heated pool and spa, a state-of-the-art gym, a sauna, pickleball, tennis, and basketball courts, lawn bowling, and a putting green. The expansive social clubhouse offers banquet facilities, comfortable lounges, and game rooms for pool and ping pong, alongside creative spaces like a ceramic studio and a woodshop. Everyday conveniences are unmatched, featuring a community park, dog park, dynamic BBQ areas, an on-site hair salon, dedicated RV/boat parking, and a private car wash area. Coupled with low monthly maintenance fees and discounted Cox TV and internet services, this community delivers unbeatable value. This home is priced to sell, offering the perfect opportunity for you to personalize and create your own dream space.

THE NEIGHBORHOOD

Explore the location.

5200 Irvine Blvd. 285, Irvine, CA 92620

Loading property map…

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
1978
Full baths
1
Garage spaces
2
Cooling
CentralAir
Flooring
Carpet,Vinyl
Utilities
ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Pool
No
Pool features
Heated,InGround,Association
Parcel
91300284
HOA
The Groves Homeowners, Inc
HOA amenities
Clubhouse,ControlledAccess,DogPark,FitnessCenter,MaintenanceGrounds,GameRoom,Insurance,MeetingRoom,MeetingBanquetPartyRoom,OutdoorCookingArea,Barbecue,PicnicArea,Pickleball,Pool,PetRestrictions,RecreationRoom,RvParking,Guard,SpaHotTub,TennisCourts
HOA fee frequency
Monthly
HOA fee
$289.00

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$2,120.83
Cap rate

Annual operating income:

HOA: Includes $289.00 per month in HOA dues, converted from the $289.00 monthly fee reported by the listing source.

Have ERA review this rental estimate

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.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services

More in Irvine.

Listing information

MLS #OC26116050 · California Regional MLS

Listing brokerage: Wetrust Realty
Listing agent: Debra Shen

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.