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23 Oak Tree Lane

Irvine, CA 92612

3 beds
3 baths
1,960 sqft
3,000 sqft lot
$713 per sqft
1969 build
– on site

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!

Listed By CRMLS_CA / Jamie Wilkinson / Real Broker

Last checked: Checking… • Last updated May 10, 2025 •

MLS# OC25093973 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1969
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Stucco
Total Number Of Units:

1
Architectural Style:

Contemporary
Foundation:

Slab
Structure Type:

House
Stories Total:

2
Entry Level:

1
Patio And Porch Features:

Brick, Concrete
Patio:

1
Common Walls:

2+ Common Walls

Interior

Levels:

Two
Entry Location:

1
Kitchen Features:

Kitchen Open to Family Room
Eating Area:

Area, Breakfast Counter / Bar
Room Type:

All Bedrooms Up, Family Room, Foyer, Kitchen, Primary Suite
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Living Room, Gas
Laundry:

Gas Dryer Hookup, In Garage, Washer Hookup
Laundry:

1

Room Dimensions

Living Area:

1960.00

Financial & Terms

Disclosures:

Death On Property < 3 yrs

Location

Directions:

Take University south, left on Yale, left on Michelson, right on Oak Tree Lane.
Latitude:

33.66109200
Longitude:

-117.81333800

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Property Condition:

Fixer
Lot Features:

6-10 Units/Acre, Greenbelt, Park Nearby
Lot Size Area:

3000.0000
Lot Size Acres:

0.0689
Lot Size SqFt:

3000.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood, Park/Greenbelt
Road Frontage:

Access Road, City Street
Road Surface Type:

Paved, Privately Maintained
Property Attached:

1
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

626.50
Tax Tract:

6523
Tax Lot:

12

Beds

Total Bedrooms:

3
Main Level Bedrooms:

3

Baths

Total Baths:

3
Full & Three Quarter Baths:

2
Full Baths:

2
Half Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

45312212

Heating & Cooling

Heating:

1
Heating:

Central, Forced Air
Cooling:

Yes
Cooling:

Central Air, ENERGY STAR Qualified Equipment, High Efficiency

Utilities

Utilities:

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available
Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary:

UNIPAR
Elementary School:

University Park
Middle School:

Rancho San Joaquin
Middle School:

RASAJO
High School:

University
High School:

UNIVER
High School District:

Irvine Unified

The Community

Subdivision:

Village III (Village Park) (V3)
Subdivision:

Village III (Village Park) (V3)
Features:

Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Association Amenities:

Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Clubhouse
Association:

VPCA
Association:

Yes
Association Fee:

$338
Association Fee Frequency:

Monthly
Pool:

Community, Fenced, Gunite, Heated, In Ground
Senior Community:

No
Spa:

1
Private Pool:

No
Spa Features:

Community, Gunite, Heated, In Ground
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Garage, Garage Faces Front
Parking Spaces:

2.00
Attached Garage:

No
Garage Spaces:

2.00

Monthly cost estimate

Asking price

$1,399,000

Expense	Monthly cost
Mortgage	$7,491
Taxes	N/A
Insurance	$384
HOA fees	$338
Utilities	$188 See report
Total	$8,401/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
5/10/25 May 10, 2025	Pending	CRMLS_CA	$1,399,000
4/29/25 Apr 29, 2025	Listed / Active	CRMLS_CA	$1,399,000

43% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $50k above asking price on average, but some went as high as $151k over asking price.

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This house located in Village Park, Irvine, CA 92612 is currently pending sale for $1,399,000. 23 Oak Tree Lane is a 1,960 square foot house with 3 beds and 3 baths that has been on Estately for 15 days. 23 Oak Tree Lane is in the Village Park neighborhood of Irvine and has a WalkScore® of 29, making it car-dependent. This house is in the attendance area of Rancho San Joaquin Middle School, University High School, and University Park Elementary School.

Listing Courtesy of: CRMLS_CA and Real Broker. Based on information from California Regional Multiple Listing Service, Inc. as of 20:23 on May 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.