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Aug. 1, 2026

Bixby Apartments: 27 Units Planned at 9691 Bixby Avenue in Garden Grove, Replacing a Former Preschool Site

Posted July 2026 | By Eric Engelbert | Updated as the project progresses.

27 Apartments Coming to Bixby Avenue: The Jager Co. Brings Density Bonus Housing to a Quiet Garden Grove Street

Site Plan No. SP-129-2023 proposes to demolish a former preschool at 9691 Bixby Avenue in Garden Grove and replace it with a three-story, 27-unit residential apartment complex on the 0.83-acre site. The project is being developed by The Jager Co., the Laguna Beach-based firm of William D. Jager, the same applicant behind the larger 98-unit Garden Grove Boulevard project approved in 2024. The Planning Commission approved the Bixby project in November 2023 and it is currently in building plan check, the stage between entitlement approval and the issuance of building permits.

At 27 units, this is an intimate residential project by any standard. Bixby Avenue is a residential street in a quiet neighborhood of Garden Grove, and the project's three-story scale is consistent with what a 0.83-acre lot in this location can reasonably support. The use of California's Density Bonus Law, enabled by the inclusion of three very-low-income affordable units, allows the project to exceed the site's base-level residential density while keeping the building at a neighborhood-compatible height.

The Location: 9691 Bixby Avenue, Garden Grove

Bixby Avenue runs east-west through a residential neighborhood in the 92841 zip code, passing between Carthay Circle and Peacock Court in the vicinity of the project site. The neighborhood is characterized by single-family homes, duplexes, and small apartment buildings that reflect Garden Grove's predominantly low- to medium-density residential character in the areas away from its major commercial corridors. The 9691 address places the project in a location that is within easy driving distance of Garden Grove Boulevard, Chapman Avenue, and other commercial and retail destinations, while remaining on a street that functions as a neighborhood rather than a thoroughfare.

The existing preschool use at the site is being vacated to allow for the residential conversion. Preschool sites often carry favorable development characteristics for residential infill: they tend to be adequately sized lots in residential neighborhoods, already cleared of environmentally sensitive features, and served by existing utilities designed for an occupancy load comparable to the proposed use. A 27-unit apartment building will have a similar or smaller traffic and utility footprint than an active preschool serving dozens of children and families at peak drop-off and pick-up times.

The surrounding neighborhood context places the Bixby Apartments project in an area where new multifamily residential construction is modest in scale. The project is not proposing a large complex or a mixed-use building. It is a 27-unit apartment building on a lot that was already being used for a community-serving purpose, and it will continue to serve the neighborhood in a different but equally local way as a source of rental housing for Garden Grove residents.

Three Stories, 27 Units, and the Density Bonus Law at Work

The project replaces all existing improvements on the 0.83-acre site, including the former preschool building, to accommodate the proposed three-story residential building with associated site improvements. The three-story building format is common for density bonus projects of this scale in Orange County neighborhoods zoned for multiple-family residential use: it allows a meaningful number of units without reaching the podium construction threshold that significantly increases building costs, and it keeps the building at a height that is visually compatible with adjacent residential development.

The three affordable units designated for very-low-income households are the mechanism that unlocks the project's density bonus under California Government Code Section 65915. A housing development is eligible for a density bonus of up to 50 percent above the base density when very-low-income affordable units are included at sufficient levels. The density bonus also comes with entitlements to concessions and waivers of development standards, which allows the project to deviate from certain zoning requirements that would otherwise make the project infeasible at the proposed density. Reduced parking requirements under the Density Bonus Law are also applicable, providing relief from the standard parking ratios that can otherwise constrain residential development on smaller infill sites.

Building3-story residential
27 total units
0.83-acre site
New construction
Affordable3 very low-income
24 market rate
Density Bonus Law
Deed restricted
Former UsePreschool site
All improvements
to be demolished
Clean infill site
Location9691 Bixby Avenue
Between Carthay Cir
and Peacock Court
Garden Grove 92841
Project Address 9691 Bixby Avenue, Garden Grove, CA 92841
Case Number Site Plan No. SP-129-2023
Total Units 27 apartments (3 very low-income, 24 market rate)
Building Height 3 stories
Site Size 0.83 acres
Applicant The Jager Co. (William D. Jager), Laguna Beach
Former Use Preschool (to be demolished)
Planning Commission Approval November 2023
CEQA Categorically Exempt (Density Bonus Law infill)
City Planner Huong Ly, Associate Planner
Project Status In building plan check

From Preschool to Apartments: How the Density Bonus Law Makes This Possible

The Bixby Apartments project is an example of how California's Density Bonus Law functions in a purely residential neighborhood context. Unlike the Garden Grove Boulevard project, which sits in a boulevard mixed-use zone with higher density ceilings, the Bixby Avenue site is in a conventional residential zone. The base density under that zoning would allow fewer than 27 units on a 0.83-acre site. By designating three units as restricted for very-low-income households, the applicant triggers the Density Bonus Law, which entitles the project to additional units above the zoning baseline as well as concessions, waivers, and reduced parking.

The concessions and waivers that accompany the density bonus are negotiated between the applicant and the city during the site plan review process. For a project of this scale, they typically address issues like building setbacks, open space calculations, and parking count reductions that allow the project to fit within the physical constraints of the site while delivering the full density the law permits. The Density Bonus Law's reduced parking provisions are particularly significant on an 0.83-acre site where every square foot of surface parking represents a trade-off against unit count or common area.

Clearing plan check is the project's current milestone. Building plan check is the technical review process during which the city's Building Division confirms that the construction documents comply with all applicable building codes, structural requirements, fire life safety standards, and conditions of approval imposed at the time of planning approval. Once plan check is cleared and building permits are issued, construction can begin.

Small-Scale Infill and What It Means for Garden Grove Renters

Garden Grove's housing market is dominated by ownership housing that was built in large quantities during the postwar suburban expansion decades and a rental stock that has aged alongside it. New construction rental inventory in the city is limited, which means that when a 27-unit building is added to the market, even a modest project like the Bixby Apartments represents a meaningful contribution to the city's available rental options.

At three stories and 27 units, this is not a development that will reshape a neighborhood or generate significant traffic. It is the kind of small-scale infill residential project that produces housing for people who want to live in a Garden Grove neighborhood without being in a large complex. Renters who value a smaller community, quieter surroundings, and proximity to the established residential character of the city's interior neighborhoods are the natural audience for a building at this scale and location.

The Jager Co.'s concurrent work on the larger 98-unit Garden Grove Boulevard project suggests that the firm is actively building a presence in Garden Grove's residential development pipeline. That combination of a large mixed-use corridor project and a smaller neighborhood infill project reflects a development strategy that addresses different segments of the market with appropriate product types for each location.

Interested in Garden Grove Rentals or New Construction Investment?

The Bixby Apartments project is in plan check and has not yet broken ground. We follow Garden Grove residential development across the pipeline, from small infill projects like this one to the larger mixed-use corridor projects along Garden Grove Boulevard. Contact us for updates on this project, to discuss investment opportunities in the area, or to explore what is currently available for rent or for sale in Garden Grove.

Call or text Eric at 949-430-7500  |  Contact us online

Search homes for sale in Garden Grove  |  View all OC new developments

Posted in Real Estate News
Aug. 1, 2026

Coast Street Apartments: 34 Units Approved at 13040 Coast Street in Garden Grove, Using a Dual Density Bonus for Very-Low and Moderate Income Units

Posted July 2026 | By Eric Engelbert | Updated as the project progresses.

34 Apartments Approved on Coast Street: A Dual Density Bonus Unlocks Five Stories in a Mid-Density Garden Grove Neighborhood

Site Plan No. SP-162-2025, filed by West Street Investments, LLC, proposes to replace a vacant building at 13040 Coast Street in Garden Grove with a five-story, 34-unit apartment building on a half-acre lot. The city filed a CEQA Notice of Exemption for the project in September 2025 under the Class 32 Infill Development exemption, confirming entitlement approval. The project is among the newest additions to Garden Grove's residential development pipeline and uses a dual density bonus structure that is less commonly seen than the standard single-income-tier bonus that most density bonus projects employ.

What makes this project distinctive is the combination of affordable unit types it offers. By including both three very-low-income restricted units and three moderate-income restricted units, the project qualifies for two separate density bonuses under California Government Code Section 65915: up to 50 percent above the base density for the very-low-income units, and an additional 38.75 percent for the moderate-income units. Together, these bonuses allow 34 units on a 0.50-acre R-3 zoned site that would otherwise support a fraction of that count under base zoning.

The Location: Coast Street Between Garden Grove Boulevard and Larson Avenue

Coast Street runs roughly north-south in the western portion of Garden Grove, in the 92844 zip code. The project site is on the east side of Coast Street, between Garden Grove Boulevard to the south and Larson Avenue to the north. The address puts it in a neighborhood that sits close to one of Garden Grove's major commercial corridors while remaining on a side street that serves a mix of residential and small commercial uses.

The 0.50-acre parcel is currently improved with a vacant 3,252 square foot building and an associated parking area. Existing walls run along the north, east, and south sides of the site. To the west is the Coast Street right-of-way and sidewalk. Commercial uses abut the property to the north and east, while roadways, parking, and multi-family residential uses are located to the west and south. The site is entirely within an urbanized area with existing utility infrastructure, which is part of the basis for the Class 32 CEQA Categorical Exemption.

The location's proximity to Garden Grove Boulevard gives future residents walkable access to the retail, dining, and service commercial options along the boulevard. Larson Avenue and the surrounding street network connect the site to the broader Garden Grove circulation system and to the 22 Freeway, which runs along the southern edge of the city and provides access throughout the Orange County freeway network.

Five Stories on Half an Acre: What the Dual Density Bonus Makes Possible

The Coast Street Apartments site is zoned R-3 (Multiple-Family Residential) with a General Plan designation of Medium Density Residential (MDR), which allows development at a base density range of 21.1 to 32.0 dwelling units per acre. On a 0.50-acre site, that base density ceiling translates to a maximum of roughly 10 to 16 units without any bonus. The dual density bonus the project qualifies for raises the effective ceiling to 34 units, a density of approximately 68 units per net acre, achieved through the combination of the very-low-income bonus (up to 50 percent) and the moderate-income bonus (up to an additional 38.75 percent).

Five stories is the building height necessary to fit 34 units on a 0.50-acre lot while meeting the open space, parking, and setback requirements that remain applicable even with the concessions and waivers the project receives under the Density Bonus Law. This is not uncommon for density bonus projects on smaller infill parcels in Southern California: the vertical efficiency of a five-story building allows a meaningful residential program on a site that would otherwise support a handful of townhomes or a small apartment building under standard zoning.

The six affordable units, split equally between very-low-income and moderate-income income categories, serve two distinct renter populations. Very-low-income units typically serve households earning up to 50 percent of the Area Median Income (AMI), while moderate-income units serve households earning up to 120 percent of AMI. Moderate-income affordability restrictions are less common in smaller infill projects than very-low-income restrictions, reflecting the slightly different density bonus mechanics and the fact that moderate-income tenants represent a different segment of the housing need spectrum from the households who qualify for very-low-income units.

Building5-story residential
34 total units
0.50-acre site
New construction
Affordable3 very low-income
3 moderate-income
28 market rate
Dual density bonus
ApplicantWest Street Investments, LLC
Garden Grove, CA
Local owner-developer
Location13040 Coast Street
Between Garden Grove Blvd
and Larson Avenue
Garden Grove 92844
Project Address 13040 Coast Street, Garden Grove, CA 92844
Case Number Site Plan No. SP-162-2025
Total Units 34 apartments (3 very low-income, 3 moderate-income, 28 market rate)
Building Height 5 stories
Site Size 0.50 acres (21,829 SF)
Zoning R-3 (Multiple-Family Residential)
General Plan MDR (Medium Density Residential, 21.1-32.0 du/acre base)
Applicant / Owner West Street Investments, LLC, Garden Grove
Former Use Vacant commercial building (3,252 SF)
CEQA Class 32 Categorical Exemption (Notice of Exemption filed September 22, 2025)
City Planner Huong Ly, Associate Planner, (714) 741-5302
Project Status Entitlements approved

The Dual Density Bonus: How Two Affordable Income Tiers Double the Development Potential

The Density Bonus Law as written in California Government Code Section 65915 allows a developer to stack density bonuses from different affordable income tiers, provided the project meets the applicable percentage thresholds for each. For the Coast Street Apartments project, the three very-low-income units qualify the project for a bonus of up to 50 percent above the base density under Section 65915(f)(2), which requires that at least 15 percent of the base unit count be reserved for very-low-income households. The three moderate-income units separately qualify the project for an additional bonus of up to 38.75 percent under Section 65915(v), which applies when at least 12 percent of the base units are reserved for moderate-income households.

Layering both bonuses results in a project that can deliver 34 units on a site that would otherwise cap out at roughly 10 to 16 units under base R-3 zoning. The difference, those additional 18 to 24 units above what the base zone allows, is what makes the economics of new construction viable on a 0.50-acre lot in Garden Grove. Without the density bonus, the per-unit land cost on a half-acre parcel would be prohibitively high for market-rate construction at that scale.

The CEQA process was handled under the Class 32 Categorical Exemption for in-fill development, the same exemption used by the Garden Grove Boulevard 98-unit project and consistent with how most small urban infill residential projects in California are processed. The city filed the Notice of Exemption on September 22, 2025, confirming that the project meets all five Class 32 criteria: General Plan and zoning consistency, location within city limits on a site of five acres or less surrounded by urban uses, no habitat value, no significant environmental impacts, and adequate utility service.

Five Stories and Six Affordable Units: A Garden Grove Development Pattern to Watch

The Coast Street Apartments project fits a pattern that is becoming more visible across Orange County's older cities: a small urban infill site, a locally based owner-developer, and the Density Bonus Law used to convert a half-acre of underutilized commercial land into a residential building that serves both affordable and market-rate renters. West Street Investments, LLC is identified in city documents with a Garden Grove Boulevard address, suggesting a locally connected developer rather than an outside institutional investor building at scale.

The dual density bonus structure, combining very-low-income and moderate-income affordable tiers, is worth noting as a development pattern. Most density bonus projects in Orange County use a single-tier affordable set-aside, typically very-low-income units, to maximize the density bonus available under the most favorable Density Bonus Law provision. Layering in moderate-income units as well produces a slightly different result: a project that serves households at two distinct points on the affordability spectrum, from households below 50 percent of AMI to households in the 80-120 percent of AMI range that often earn too much to qualify for subsidized housing but too little to comfortably afford market-rate rents in Southern California.

At 34 units with six affordable units spread across two income tiers, the Coast Street Apartments project will add a meaningful if modest contribution to Garden Grove's rental housing supply when it delivers. In a city where new construction apartment inventory is limited, a 34-unit building near Garden Grove Boulevard represents exactly the kind of incremental infill that planners and housing advocates describe when they talk about adding units in the right places.

Interested in Garden Grove Apartments or New Construction Investment?

The Coast Street Apartments project received entitlement approval in 2025 and is advancing toward construction. We track new development across Garden Grove and throughout Orange County. Contact us for updates on this project, to discuss investment opportunities in Garden Grove's residential market, or to find what is currently available for rent or purchase in the city.

Call or text Eric at 949-430-7500  |  Contact us online

Search homes for sale in Garden Grove  |  View all OC new developments

Posted in Real Estate News
July 31, 2026

Four West at 549 Bernard Street: Four New Detached Homes Now Coming to Eastside Costa Mesa

Posted July 2026 | By Eric Engelbert | Now coming to market.

Four West: Four Detached Homes, Four Addresses, and an Eastside Costa Mesa Location Worth Knowing About

Four West is exactly what the name suggests: four new detached single-family homes on Bernard Street in Eastside Costa Mesa, now coming to market as individually owned residences on their own lots. The four homes carry their own addresses at 547, 549, 551, and 553 Bernard Street. This is not a condo building, not an apartment, and not a gated complex with a hundred units and a leasing office. It is four homes. The scale is the point.

The project was approved by the City of Costa Mesa under the Residential Small Lot Subdivision Ordinance, which allows a developer to take a larger residential parcel and subdivide it into smaller individual lots, each with its own detached home and deed. The original site was a 12,532-square-foot parcel that held a duplex. That parcel has been split into four lots with addresses running from 547 to 553, and four new two-story detached single-family residences have been constructed in their place. Each home is sold separately as fee-simple real property, meaning the buyer owns the structure and the land beneath it outright, with no shared wall structure and no stacked unit above or below.

For buyers who want new construction in Eastside Costa Mesa but do not want to pay detached single-family prices in a neighborhood where most of the inventory is older, Four West is one of a very small number of options available right now.

The Location: Bernard Street, Eastside Costa Mesa

Bernard Street sits in the 92627 zip code, the heart of Eastside Costa Mesa. This is the part of the city that borders Newport Beach, sits within reach of the 17th Street dining and retail corridor, and offers the kind of neighborhood walkability that is genuinely difficult to find in newer master-planned communities further inland. Eastside Costa Mesa has long attracted buyers who want proximity to the coast, a connected urban neighborhood feel, and access to some of the best independent restaurants, coffee shops, and local businesses in Orange County, without paying Newport Beach prices for the privilege.

The 92627 zip puts residents within minutes of Newport Beach's Back Bay trails and the Castaways hiking area, close to Triangle Square and the 17th Street retail strip, and a short drive to Fashion Island, South Coast Plaza, and John Wayne Airport. Freeways are accessible but not overwhelming: the 73 Toll Road and the 405 and 55 Freeways are all within easy reach without the constant freeway noise that affects properties closer to major interchanges.

Bernard Street itself is a quiet residential street in a neighborhood that mixes single-family homes, duplexes, and small apartment buildings, consistent with the R2-HD zoning that governs this area. The surrounding properties include a range of architectural eras, from mid-century single-story bungalows to newer two-story infill homes, giving Four West a context where new construction reads as neighborhood investment rather than out-of-scale intrusion.

Four Detached Homes, Individual Lots, New Construction

The four homes at 549 Bernard were built as part of Costa Mesa's Small Lot Subdivision Ordinance process, a program the city uses to encourage ownership housing on parcels that might otherwise be developed as rental apartments. The parcel map approved under TPM 2022-140 created four individual legal lots from the original 12,532-square-foot site. Each lot is a separate assessor's parcel with its own legal description, and each home is sold and titled as a fee-simple single-family residence.

The Small Lot Ordinance program is specifically designed to produce for-sale homes rather than rentals on multi-family zoned land. Costa Mesa's General Plan explicitly supports SLO development as a means of improving the city's ratio of ownership housing to rental housing, a ratio that has historically skewed toward rental in the Eastside neighborhoods. Four West adds four owner-occupied homes to a block that previously contributed only rental units through the former duplex.

Each residence is a two-story detached home with an attached two-car garage. Contact us or view the listing for current specifications on bedroom count, square footage, and available floor plans.

Homes4 detached residences
Individual fee-simple lots
Two-story construction
New build, 2025 delivery
OwnershipFee-simple title
Individual lot per home
No shared walls
No stacked units
ParkingAttached 2-car garage
per home
Plus open parking
Private driveways
Location547 to 553 Bernard Street
Eastside Costa Mesa
92627 zip code
Near Newport Beach border
Project Name Four West
Addresses 547, 549, 551, and 553 Bernard Street, Costa Mesa, CA 92627
Total Homes 4 detached single-family residences
Ownership Type Fee-simple (individual lot per home)
Parking Attached 2-car garage per home
Zoning R2-HD (Multiple-Family Residential, High Density)
Original Parcel 12,532 SF (former duplex site, 549 Bernard St)
Entitlement PA-22-20 and TPM 2022-140 (Small Lot Subdivision Ordinance)
CEQA Categorically Exempt (Class 15 and Class 32)
City Planner Chris Yeager, Associate Planner
Project Status Now coming to market

Individual Home Listings

547 Bernard Street 4 BD | 4 BA
Attached 2-car garage
New construction 2026
Listing coming soon
549 Bernard Street 4 BD | 4 BA
Attached 2-car garage
New construction 2026
Listing coming soon
551 Bernard Street 4 BD | 4 BA | 1,984 SF
Attached 2-car garage
$1,425,000
View Listing »
553 Bernard Street 4 BD | 4 BA | 1,817 SF
Attached 2-car garage
$1,425,000
View Listing »

How the Small Lot Subdivision Ordinance Made Four West Possible

Costa Mesa's Residential Small Lot Subdivision Ordinance is one of the more buyer-friendly planning tools in the city's toolkit. The ordinance allows a property owner or developer to subdivide a qualifying residential parcel into smaller individual lots, each of which can then be sold as a standalone fee-simple home. The key distinction from a condominium or townhome project is that each buyer owns the land itself, not just a unit within a larger legal structure. There is no condominium association, no shared interest in a common lot, and no master deed governing the overall development. Each home at Four West will have its own lot, its own legal description, and its own title insurance policy.

The city approved Planning Application PA-22-20 for design review and Tentative Parcel Map TPM 2022-140 to create the four-lot subdivision. A public hearing was held October 10, 2022, and the Notice of Exemption under CEQA was filed November 21, 2022, confirming that the project qualified for categorical exemption from environmental review under Class 15 (Minor Division of Land) and Class 32 (Infill Development). Both exemptions applied cleanly: the site is a flat, infill lot in an urbanized area with existing utilities, consistent with the General Plan and Zoning Code, and the subdivision did not divide a larger parcel within the prior two years.

Construction and utility permits were processed through 2023 to 2025, and the homes are now completing and coming to market. The entitlement and construction timeline from application to delivery spans roughly three to four years, which is consistent with what buyers of new construction in coastal Orange County should expect for a custom or small-scale development working through local permitting and construction.

Why Four Homes on One Block Matters More Than You Might Think

There is a version of new construction in Eastside Costa Mesa that involves a single spec home on a cleared lot, priced at a premium that reflects both the land cost and the builder's margin on a one-off project. There is another version that involves large apartment complexes on commercially zoned land, which adds rental supply but does nothing for buyers who want to own. Four West occupies a different category: four ownership homes delivered at once, with the efficiencies of a multi-unit build passed along in a project that still feels like a private home rather than a development.

At four homes, this community will never have the anonymity problem that comes with large condo complexes or apartment buildings. The four households at Four West will know each other. The shared street frontage is manageable. There is no HOA bureaucracy because the lots are individually owned and the homes are fully detached. The only thing the four residents share is a street address and the block they live on.

Eastside Costa Mesa's appeal to buyers is durable and well-documented: walkability, proximity to Newport Beach without Newport Beach prices, access to the coastal lifestyle at a relative discount, and a neighborhood that has held its value through market cycles because the location is genuinely irreplaceable. New construction with individual lot ownership in that zip code does not come up often. When it does, it tends to move.

Ready to See Four West? Contact Us or View the Listings.

Four West is now coming to market. Two homes are live on the MLS and two more are coming soon. If you want to schedule a showing, get current pricing and floor plan details, or understand how these homes compare to other Eastside Costa Mesa options, we are your direct contact. We are representing these listings and can answer every question you have about the homes, the neighborhood, and the ownership structure.

551 Bernard — View Listing  |  553 Bernard — View Listing
Call or text Eric at 949-430-7500 for 547 and 549 Bernard

Search all Costa Mesa homes for sale  |  View all OC new developments

Posted in Real Estate News
July 31, 2026

Centerpointe, MacArthur Boulevard: Up to 830 Apartments Proposed on 14.21 Acres Adjacent to Newport Center in Irvine

Posted July 2026 | By Eric Engelbert | Updated as the project progresses.

830 Apartments at Centerpointe: The Largest Single Residential Proposal in Irvine's IBC Pipeline

Of all the residential conversion projects proposed in Irvine's Irvine Business Complex, the Centerpointe campus on MacArthur Boulevard is the one with the most compelling combination of scale and location. A Vesting Tentative Tract Map, Conditional Use Permit application, and Park Plan were filed with the City of Irvine in May 2025, proposing to redevelop 14.21 acres of the Centerpointe office campus into a residential community of up to 830 units. The site sits immediately west of Newport Center, the Fashion Island area of Newport Beach, making it one of the most prime-location residential conversion opportunities in all of Orange County.

Eight hundred and thirty apartments in a location adjacent to Fashion Island, minutes from Newport Beach's dining and shopping core, within a short drive of John Wayne Airport and the employment corridors along MacArthur Boulevard and Jamboree Road, is a development program with obvious market rationale. The developer has not been publicly confirmed in city filings at the time this post was written. City planner Erica Hong is the assigned project contact.

The Site: 14.21 Acres of the Centerpointe Office Campus, Adjacent to Newport Center

The Centerpointe office campus on MacArthur Boulevard in Irvine occupies a location that has historically been associated with high-quality suburban office use catering to professional services, financial firms, and technology companies. MacArthur Boulevard is one of Orange County's primary north-south office corridors, running from the 405 Freeway through the airport area and toward the coast, passing through the zone where Irvine and Newport Beach share borders and employment base.

The specific significance of "immediately west of Newport Center" cannot be overstated for a residential context. Newport Center is the name for the district encompassing Fashion Island, Newport Beach's premier retail destination, along with the surrounding concentration of office towers, hotels, medical offices, and financial services firms that make it one of the highest-rent and most sought-after business addresses in Orange County. Residents of a project on MacArthur Boulevard just west of that district would have walking or very short driving access to the Fashion Island shopping, dining, and entertainment ecosystem, while paying Irvine rents rather than the premium that Newport Beach addresses command.

At 14.21 acres, the Centerpointe site is the largest single parcel in the Irvine IBC residential conversion pipeline discussed in this series. The VTTM proposed would consolidate the 14.21 acres into a single residential lot, clearing the legal structure necessary to develop a unified residential community across what may currently be multiple office parcels within the campus.

Up to 830 Units: What We Know About the Proposed Development

The city filings from May 2025 describe a project of "up to 830 units," which is the maximum proposed in the VTTM application. The actual delivered unit count may be somewhat lower depending on how the Master Plan and architecture develop through the entitlement process, what parking and open space requirements are imposed through the CUP conditions, and what the ultimate building configuration looks like on the 14.21-acre site. At typical multifamily densities for mid-rise construction in the airport area, 830 units on 14.21 acres implies roughly 58 units per acre, which suggests a project likely composed of mid-rise apartment buildings rather than high-rise towers or low-density garden apartments.

No floor plan details, proposed rent ranges, or architectural renderings have been released publicly at this stage of the entitlement process. The developer's identity, once confirmed through subsequent city filings or press releases, will provide additional context about the likely product positioning and design approach. Given the location adjacent to Newport Center and the scale of the project, a developer with experience in premium airport-area and coastal-adjacent multifamily would be a natural fit.

The CUP process will be significant for a project of this scale. Conditional Use Permits for large residential projects in IBC-zoned areas give the Planning Commission the opportunity to establish specific operational conditions: building height limits, setbacks from MacArthur Boulevard and adjacent properties, noise attenuation requirements for units facing the street or the airport flight path, traffic management obligations, and design standards that ensure the project's character is consistent with the premium location.

Unit CountUp to 830 apartments
Market-rate rental likely
Mid-rise building format
Final count TBD
Site14.21 acres
19712 MacArthur Blvd
Centerpointe campus
Irvine, CA 92612
Location PremiumImmediate west of Newport Center
Fashion Island proximity
MacArthur Blvd frontage
Airport area, Irvine border
Applications FiledVTTM May 2025
CUP May 2025
Park Plan May 2025
Planning Commission review
Project Address 19712 MacArthur Boulevard, Irvine, CA 92612 (Centerpointe campus)
Proposed Units Up to 830 apartments
Site Size 14.21 acres
Site Name Centerpointe office campus
Planning Area PA 36 (Irvine Business Complex)
Location Immediately west of Newport Center (Fashion Island district)
Developer Not publicly confirmed at time of writing
VTTM Filed May 2025 (14.21 acres into 1 lot, up to 830 units)
CUP Filed May 2025
Park Plan Filed May 2025
City Planner Erica Hong
Project Status Entitlements under review

The VTTM, CUP, and What Happens Next

The May 2025 applications at Centerpointe include three distinct entitlement instruments that work together to authorize the residential conversion. The Vesting Tentative Tract Map is the foundational legal document that consolidates the 14.21-acre campus into a single residential tract, establishing the lot configuration that will govern how the project is built and, if applicable, how individual units might eventually be sold. The "vesting" component of the VTTM provides the same kind of regulatory freeze that SB 330 pre-applications provide: conditions in place on the date of the vested VTTM application generally govern the project through construction, protecting the developer from subsequent regulation changes.

The Conditional Use Permit is the mechanism by which the city authorizes residential use on land that is currently designated for commercial or office development in Planning Area 36. The CUP hearing before the Planning Commission is where the public can comment on the project's design, traffic impacts, neighborhood compatibility, and any other concerns relevant to siting an 830-unit residential community at this location. The commission will establish conditions of approval that become binding on the developer and the eventual property owner, running with the land regardless of changes in ownership or management.

The Park Plan addresses Irvine's parkland dedication obligation. An 830-unit project generates a substantial dedication requirement under the city's per-unit formula. The specific resolution, whether through land dedication, in-lieu fee payment, or a combination of the two, will be established as part of the CUP conditions or through a separate Development Agreement if the project's scale warrants that level of planning document.

City planner Erica Hong has also been assigned to the Newport Summit project at 19600 Fairchild Road, suggesting that the Jamboree/MacArthur corridor's residential conversion applications are being handled by a team with concentrated expertise in the area's planning issues.

The Newport Center Adjacency: Why Location Makes This Project Different

Every one of the seven Irvine projects covered in this blog series is in or near the Irvine Business Complex, and most are within a tight geographic cluster around MacArthur Boulevard and Jamboree Road. But the Centerpointe campus occupies a different position in that cluster. Where most IBC residential conversions are oriented around the freeway access and employment density of the airport area, Centerpointe is also adjacent to the Newport Center district, one of the most aspirational retail and commercial destinations in Orange County.

Fashion Island is a five to ten minute walk or a very short drive from a building on MacArthur Boulevard at Centerpointe. That proximity to high-quality retail, including anchor department stores, specialty boutiques, restaurants, and entertainment, is a tenant amenity that no apartment building can replicate internally. Tenants who value walkable access to a premium shopping and dining environment will pay a premium to live close to it, which is one reason why the MacArthur/Newport Center edge of Irvine commands higher rents than equivalent product deeper in the IBC.

The UCI Health hospital campus along Jamboree is also a short drive from Centerpointe, adding a large and growing employment anchor to the location's appeal. Newport Beach employment in financial services, wealth management, and professional services is similarly accessible. For a renter who works in either the airport-area office market or the Newport Center professional services cluster, Centerpointe represents one of the best-positioned new residential addresses in the county.

Whether the project is structured as apartments, condominiums, or some combination will be determined through the entitlement process and developer decision-making. Given the site's premium location and the scale of the investment required for 830 units on 14 acres, a well-capitalized institutional developer with experience in coastal Orange County multifamily is the most likely eventual partner for this project.

Interested in the MacArthur Boulevard Corridor or Newport Center-Adjacent Homes?

The Centerpointe residential project is in early entitlement and has not yet received Planning Commission approval. We track all active IBC development and follow the MacArthur Boulevard and Newport Center corridors closely, including both new construction and resale opportunities in nearby Newport Beach, Irvine, and the airport area. Contact us for updates on this project or to explore what is available right now.

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Posted in Real Estate News
July 31, 2026

2021 Business Center Drive and 2151 Michelson Drive: 668 Apartments Planned Across Two IBC Office Sites in Irvine

Posted July 2026 | By Eric Engelbert | Updated as the project progresses.

Two Office Sites, One Vision: 668 Apartments at Business Center Drive and Michelson Drive

The proposal at 2021 Business Center Drive and 2151 Michelson Drive takes a two-parcel approach to IBC redevelopment. Rather than converting a single office building, the project joins two adjacent or nearby sites under a single Master Plan application filed December 9, 2025, proposing two separate multi-family residential buildings totaling 668 units. An Environmental Review and a Park Plan were filed simultaneously, indicating that the applicant has assembled the full entitlement package for a coordinated review rather than staggering the applications.

The 2151 Michelson Drive building is a 93,000-square-foot two-story office structure that was renovated as recently as 2020, making this an unusual case where a recently upgraded office property has been redirected toward residential conversion. The 2021 Business Center Drive parcel is a separately addressed companion site within the same Planning Area 36 geography. Together, the two sites support a residential program that would be one of the larger individual projects in the IBC pipeline, behind only the Centerpointe campus at 830 units.

Two Parcels in Planning Area 36: Business Center Drive and Michelson Drive

Business Center Drive and Michelson Drive are both internal streets in the Irvine Business Complex. Michelson Drive, named for Nobel Prize-winning physicist Albert A. Michelson, is one of the primary east-west connectors through the IBC, running between the 405 Freeway corridor and the Jamboree Road employment spine. Business Center Drive is a shorter connector that links parcels within the internal IBC street grid.

The 2151 Michelson building has the characteristics of a quality suburban office product from the IBC's development era. At 93,000 square feet across two stories, it is a low-rise building with substantial surface parking, which is typical for IBC office buildings developed before structured parking became standard. The 2020 renovation suggests the building was maintained in competitive condition for office leasing in the years immediately before the residential conversion application was filed. Whether the renovation reflected a tenant improvement for a major occupant or a speculative upgrade for new office tenants is not clear from public records, but the investment was relatively recent.

The 2021 Business Center Drive parcel provides the second piece of the project's two-building structure. Developing both sites under a single Master Plan allows the applicant to present a unified community plan, with shared design standards, a common architectural vocabulary, and potentially coordinated site amenities between the two buildings. This type of multi-parcel Master Plan approach is common in Irvine's planning process, which was designed from the outset to address planned communities rather than individual parcel-by-parcel development.

Two Buildings, 668 Units: The Project at a Glance

The 668-unit total is divided between two multifamily residential buildings, one at each address. The specific split between the two buildings, along with unit type breakdown, floor plan sizes, and proposed amenities, will be established through the Master Plan review process. The December 2025 application package represents the entry point for that review, not the final approved program.

At 668 units total, this is a large residential community by any standard. The scale puts it in a category typically associated with well-capitalized institutional apartment investors with the equity and debt capacity to finance a $200 million or larger development. The developer entity has not been publicly confirmed in city filings reviewed at time of writing. City planner Eric Martin is the assigned contact for the project.

The Environmental Review filing that accompanied the Master Plan and Park Plan applications in December 2025 indicates the applicant intends to address CEQA concurrently with the land use entitlements rather than deferring the environmental process. This parallel approach is consistent with a developer who has done the preliminary environmental analysis and believes the project can be reviewed and cleared under one of CEQA's available exemptions or negative declaration pathways, rather than anticipating a full EIR.

Unit Count668 apartments total
Two buildings
Two parcels
Single Master Plan
Site 12021 Business Center Drive
Planning Area 36
Irvine, CA 92612
IBC location
Site 22151 Michelson Drive
93,000 SF existing office
2020 renovation
Planning Area 36
Applications FiledMaster Plan Dec 9, 2025
Park Plan Dec 9, 2025
Environmental Review Dec 9, 2025
Planning Commission review
Project Addresses 2021 Business Center Drive and 2151 Michelson Drive, Irvine, CA 92612
Total Units 668 multifamily residential units (two buildings)
Planning Area PA 36 (Irvine Business Complex)
Existing Building (2151 Michelson) 93,000 SF, two-story office, renovated 2020
Master Plan Filed December 9, 2025
Park Plan Filed December 9, 2025
Environmental Review Filed December 9, 2025
City Planner Eric Martin
Developer Not publicly confirmed at time of writing
Project Status Entitlements under review

The December 2025 Application Package: What a Simultaneous Filing Signals

Filing the Master Plan, Park Plan, and Environmental Review applications on the same date is a deliberate strategy that signals a high level of pre-application preparation. In Irvine's entitlement system, each of these documents supports and cross-references the others: the Environmental Review evaluates the impacts of the program established in the Master Plan, the Park Plan is calculated from the unit counts in the Master Plan, and the Master Plan cannot be deemed complete without the environmental analysis underway. Submitting all three on December 9, 2025 tells city staff and the Planning Commission that the applicant has done substantial pre-application work and is ready for concurrent review.

For a 668-unit project on two parcels, the Environmental Review is likely to be an Initial Study leading to a Mitigated Negative Declaration or a Notice of Exemption for urban infill, depending on the specific environmental conditions of the sites. A project of this scale in the IBC, an urbanized commercial area with existing infrastructure, would typically qualify for one of CEQA's infill exemptions if the project meets the applicable criteria, including consistency with the applicable general plan, location within an urbanized area with existing utilities, and no significant effects on traffic, noise, or air quality beyond what would be expected from the proposed density.

The Park Plan is a required submission for any residential project in Irvine. The city's park dedication requirement is calculated on a per-unit basis, and a 668-unit project generates a substantial parkland obligation. This is typically satisfied through a combination of on-site recreational amenity space and an in-lieu fee payment into Irvine's park fund, structured to meet the specific formulas established in the city's park dedication ordinance.

668 Apartments and the IBC's Transformation into an Irvine Neighborhood

The office-to-residential conversion wave in Irvine's IBC is not a marginal phenomenon. Adding up the projects currently in the entitlement pipeline in Planning Area 36, the total new residential supply proposed ranges from the 58 condos at 3400 Michelson to the 830 units at Centerpointe, with the Business Center Drive / Michelson Drive project contributing 668 units to what is becoming a concentrated residential community in an area that was purely commercial a decade ago.

That transformation changes the character of the IBC in ways that matter to future residents, to nearby employers, and to property owners throughout the airport area. A corridor with thousands of new residents needs restaurants, coffee shops, dry cleaners, pharmacies, and the other retail and service businesses that serve a residential population. The office parks that were built as single-use employment centers are becoming genuinely mixed neighborhoods, which attracts the commercial tenants and street-level activity that makes urban areas livable.

For prospective renters interested in the Business Center Drive and Michelson Drive project, the two-building structure means the eventual community will have two distinct addresses and potentially two distinct building identities, even if managed under a single brand. This can be an advantage for large communities: residents in one building have access to amenities in both, the total community has a larger pool of neighbors, but each building operates at a human scale that fosters more connection among residents than a single thousand-unit tower could achieve.

Interested in Irvine IBC Apartments or New Residential Development?

The 2021 Business Center Drive and 2151 Michelson Drive project is in the early entitlement stage and has not yet received Planning Commission approval. We follow all active IBC development and can notify you as this project advances. We also work with clients looking for rental or purchase options in the IBC corridor right now.

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Posted in Real Estate News
July 31, 2026

19600 Fairchild Road: Cityview Plans 422 Apartments on the Newport Summit Office Park Site Near John Wayne Airport

Posted July 2026 | By Eric Engelbert | Updated as the project progresses.

Newport Summit to Become 422 Apartments: Cityview's Bet on the Fairchild Road Corridor

In March 2025, an affiliate of Cityview, a Los Angeles-based multifamily developer, acquired the Newport Summit office complex at 19600 and 19700 Fairchild Road in Irvine for $34.5 million, or roughly $309 per square foot. The purchase price made the intended use clear: Newport Summit's two mid-rise office buildings, totaling approximately 111,500 square feet, were acquired for their land value and their location in Planning Area 36, where the City of Irvine allows residential conversion of former office properties.

By September and October 2025, Cityview had filed an SB 330 preliminary application, a Conditional Use Permit application, and a Park Plan with the city, establishing a proposed residential program of 422 units plus some accessory retail. The Orange County Business Journal reported on the filings in November 2025. The transaction was funded in part by a $20.5 million construction loan from Banc of California. The prior owner was a TPG Angelo Gordon affiliate that had held a stake in the campus since 2018, and the properties had traded multiple times since 2007 as part of broader portfolio transactions.

The Site: Newport Summit Office Park on the Irvine Side of Jamboree Road

The Newport Summit name suggests Newport Beach, and the complex does sit close to the Irvine-Newport Beach border along Jamboree Road. Despite the name, 19600 and 19700 Fairchild Road carry Irvine addresses and fall within the city's jurisdiction and Planning Area 36 designation. The property sits near the intersection of Jamboree Road and MacArthur Boulevard, one of the most commercially active intersections in the airport area.

The location benefits from being adjacent to a rapidly evolving district. The UCI Health Irvine medical campus along Jamboree Road opened its main hospital to patients in late 2025, immediately becoming one of the area's largest employers. Uptown Newport, the Shopoff Realty Investments mixed-use development across Jamboree Road in Newport Beach, has delivered hundreds of for-sale and rental units in phases over the past several years, establishing a residential population in the immediate area. The combination of the hospital campus employment and the established Uptown Newport residential community makes the Fairchild Road location meaningfully different from IBC sites further from Jamboree.

The two office buildings at 19600 and 19700 Fairchild Road total about 111,500 square feet, consistent with typical IBC mid-rise office products from the 1980s and 1990s. The buildings' occupants at the time of sale included a range of office tenants whose leases would need to expire or be bought out before demolition and construction could begin. The parking that currently serves the office campus would be replaced by structured or podium parking for the residential project.

422 Units Plus Retail: The Residential Program at Newport Summit

The 422-unit residential program is the largest for-sale or rental project in Irvine's IBC pipeline below the 668- and 830-unit projects at Business Center Drive and Centerpointe. At this scale, Cityview is planning a multifamily community with the full range of amenities that institutional apartment operators bring to Class A residential developments: fitness centers, outdoor recreation areas, co-working or lounge spaces, and the leasing and management infrastructure that comes with a professionally operated community of this size.

The accessory retail component, noted in city filings alongside the 422 residential units, will likely serve residents and possibly draw foot traffic from the surrounding employment base. Retail at the ground floor of an apartment community in a location like Fairchild Road could include services such as a coffee shop, dry cleaner, or small food and beverage operator that benefits from the captive residential population while also serving nearby office workers.

Cityview has not released floor plan details, unit size ranges, or proposed rents for the Newport Summit project. Those details will be developed through the entitlement process and pre-marketing phase. Given the Irvine location and the quality standards Cityview typically brings to its multifamily communities, rents at this project, when it delivers, will likely be competitive with other Class A apartment communities in the airport area.

Unit Count422 apartments
Plus accessory retail
Market-rate rental
Class A multifamily
Site19600 + 19700 Fairchild Rd
~111,500 SF existing office
Planning Area 36 (IBC)
Irvine, CA 92612
Acquisition$34.5M (March 2025)
~$309 per SF
Seller: TPG Angelo Gordon
Buyer: Cityview affiliate
LocationNear Jamboree + MacArthur
Adjacent to UCI Health
Near Uptown Newport
Airport area
Project Address 19600 and 19700 Fairchild Road, Irvine, CA 92612
Total Units 422 apartments (market-rate rental)
Accessory Retail Yes (square footage not disclosed)
Existing Buildings Two mid-rise offices, ~111,500 SF total
Site Name Newport Summit
Planning Area PA 36 (Irvine Business Complex)
Developer Cityview (Los Angeles)
Acquisition Price $34.5 million (March 2025)
Prior Owner TPG Angelo Gordon affiliate (held since 2018)
Construction Loan $20.5 million, Banc of California
SB 330 Pre-Application September 2025
CUP + Park Plan Filed October 2025
City Planner Erica Hong
Project Status Entitlements under review

SB 330, CUP, and the IBC Residential Conversion Process

The September 2025 SB 330 preliminary application established Cityview's protected baseline under the Housing Crisis Act before the full application package was assembled. The SB 330 filing protects the project from more restrictive regulations or fees adopted during the review period, which is particularly valuable for a multifamily project of this scale where the financial pro forma is sensitive to changes in development standards, parking requirements, or impact fees.

The Conditional Use Permit application, filed in October 2025, reflects the land use structure of Planning Area 36. In Irvine's master-planned community framework, residential use in an area historically designated for commercial and office development requires a CUP to authorize the change of use. The CUP process gives the Planning Commission the opportunity to establish specific conditions on the project's design, operations, and relationship to surrounding properties, including requirements for setbacks, building height, noise mitigation, and traffic management that will be codified in the permit conditions.

The Park Plan, filed concurrently with the CUP, addresses Irvine's parkland dedication requirement for residential projects. Irvine has one of the most comprehensive park dedication programs in Orange County, requiring developers of residential projects to either dedicate land for public park use or pay in-lieu fees based on the number and size of units. For a 422-unit apartment project, the park dedication calculation will result in a significant obligation, typically resolved through an in-lieu fee payment that goes into Irvine's park improvement fund.

Cityview: A Multifamily Developer with Roots in Public Service

Cityview was founded in 2000 by Henry Cisneros, who served as Secretary of Housing and Urban Development (HUD) in President Clinton's administration from 1993 to 1997. Cisneros is also a former Mayor of San Antonio and one of the most prominent figures in national urban policy of the past four decades. Cityview has grown from that foundation into a Los Angeles-based firm that specializes in developing and acquiring multifamily projects across California and other Western markets, with a portfolio that includes both market-rate and mixed-income communities.

The Newport Summit acquisition was expected from the moment the sale was announced in March 2025. Acquiring an office park in an IBC-zoned area with residential conversion potential is a direct expression of Cityview's strategy, and the firm's experience with the California entitlement process and multifamily finance gives them the operational depth to move a 422-unit project through the Irvine review pipeline.

Newport Summit's position near UCI Health and Uptown Newport positions the future apartment community to serve a tenant profile that differs from typical IBC renters. UCI Health is the kind of institutional employer that generates consistent demand for quality rental housing within a short commute. Medical professionals, research staff, and hospital support workers are reliable tenants for well-located Class A apartments, and a 422-unit community at Fairchild Road will be close enough to the hospital campus to market directly to that population. The Uptown Newport residential presence across Jamboree also demonstrates that there is established demand for market-rate housing in this immediate area.

Want Updates on This Project or Irvine Rentals and Condos?

The Newport Summit residential project has not yet received Planning Commission approval and is not available for lease. We track Cityview's projects and all active IBC entitlements. Whether you are looking for an apartment near John Wayne Airport and UCI Health, a condo or townhome for purchase in Irvine, or you simply want to stay informed on what is being built in this corridor, we can help.

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Posted in Real Estate News
July 31, 2026

2400 Barranca Parkway: Irvine Community Land Trust and USA Properties Plan 150 Affordable Apartments and 70 For-Sale Townhomes on a $26.5M IBC Site

Posted July 2026 | By Eric Engelbert | Updated as the project progresses.

Affordable Homes in Irvine: How ICLT and USA Properties Are Converting a Business Complex Site Into Community Housing

Irvine is one of the most expensive cities in Orange County, a place where market-rate rents and purchase prices have moved beyond the reach of much of the county's workforce. The development at 2400 Barranca Parkway is one of the most direct responses to that problem currently moving through the pipeline. The Irvine Community Land Trust (ICLT), in partnership with USA Properties Fund, acquired the 4.95-acre redevelopment site in February 2025 for $26.5 million, with the express intent of building approximately 150 income-restricted apartments and 70 for-sale townhomes on a site that previously held commercial and office uses in the Irvine Business Complex.

The sale was brokered by Institutional Property Advisors, a division of Marcus and Millichap. The seller was Gemdale USA, which had previously acquired the site with development intentions of its own. According to IPA, the property attracted more than 30 offers from both commercial and residential developers before the affordable housing joint venture was selected. That competitive process, with 30-plus buyers for a 4.95-acre IBC site, says something about the depth of demand for entitled land in this corridor.

A CEQA Notice of Exemption was filed with the city in April 2026, marking a significant milestone in the project's environmental review. The NOE signals that the city has determined the project qualifies for a CEQA exemption rather than requiring a full environmental impact report or negative declaration, which typically accelerates the entitlement timeline.

The Site: 4.95 Acres on Barranca Parkway in the Irvine Business Complex

Barranca Parkway is one of the primary east-west connectors through Irvine, running the length of the city and intersecting with Interstates 405 and 5 and State Routes 55, 73, and 261. That freeway access geography is one reason the IBC developed as intensely as it did: the airport and freeway network made this part of Irvine extraordinarily convenient for regional employers, and commercial development followed accordingly.

The 2400 Barranca site sits within Planning Area 36, the IBC zone where the city has designated residential conversion as a permitted and encouraged use for obsolete office properties. At 4.95 acres, the site is a moderately sized parcel in IBC terms, smaller than the 14-acre Centerpointe campus and the combined acreage of some multi-building conversion projects, but large enough to support a meaningful mixed community of affordable apartments and for-sale townhomes on the same property.

The combination of two housing types on one site, affordable rentals and for-sale market-rate townhomes, is an unusual but deliberate planning choice. It allows the land cost to be shared between the affordable component (which will be financed through affordable housing tax credits and other public subsidy programs) and the for-sale component (which will be financed by homebuyer purchases at market rate). The physical co-location of income-restricted and market-rate housing on a single site is also consistent with the ICLT's mission of creating economically integrated communities rather than concentrating affordable housing in separated buildings.

The Program: 150 Affordable Apartments, 70 For-Sale Townhomes

The project's unit count has been described in slightly different terms across various filings and disclosures. The IPA transaction report and ICLT communications describe approximately 150 affordable apartment units, one property manager unit, and 70 for-sale townhome units, for a total of approximately 221 homes. The city's preliminary application records describe the project as a 151-unit apartment building with 61 market-rate townhomes, for a total closer to 212 homes. The difference likely reflects the progression of design development between the early pre-application filing and the post-closing project planning. Final unit counts will be established through the Master Plan process.

The affordable apartments will be income-restricted and operated by the ICLT or a management affiliate under a long-term restriction. The specific income limit categories, likely including very low income (50 percent of Area Median Income) and low income (60 to 80 percent of AMI) units, will be established through the financing structure, which will likely include Low Income Housing Tax Credits (LIHTC) from the California Tax Credit Allocation Committee and potentially state or local housing funds. USA Properties Fund is an experienced California affordable housing developer with a substantial portfolio of LIHTC-financed communities.

The for-sale townhomes are a separate product that will be sold at market rate, likely through a separate homebuilding entity operating within the same master-planned framework as the affordable apartments. The townhome buyers will be purchasing fee-simple homes on lots subdivided from the 4.95-acre site through a Vesting Tentative Tract Map or similar subdivision instrument.

Affordable Apartments~150 income-restricted units
Plus 1 property manager unit
LIHTC financing likely
ICLT ownership/operation
For-Sale Townhomes~61 to 70 market-rate units
Individual fee-simple title
HOA structure
Market-rate pricing
Site4.95 acres
2400 Barranca Parkway
Planning Area 36 (IBC)
Irvine, CA 92606
Land Transaction$26.5M February 2025
Seller: Gemdale USA
Broker: IPA / Marcus & Millichap
30+ offers received
Project Address 2400 Barranca Parkway, Irvine, CA
Affordable Apartments ~150 income-restricted units + 1 property manager unit
For-Sale Townhomes ~61 to 70 market-rate townhomes
Total Units (approximate) ~212 to 221 homes (final count pending Master Plan)
Site Size 4.95 acres
Planning Area PA 36 (Irvine Business Complex)
Developer Irvine Community Land Trust + USA Properties Fund
Prior Owner / Seller Gemdale USA
Acquisition Price $26.5 million (February 2025)
Broker IPA / Marcus and Millichap (Kevin Green, Joseph Grabiec, Gregory Harris; Mark DeGiorgio)
Pre-Application Filed February 6, 2025
CEQA Notice of Exemption April 7, 2026
Project Status Entitlements under active review

The CEQA Exemption: What It Means for This Project's Timeline

The April 2026 Notice of Exemption under CEQA is a meaningful procedural milestone. A Notice of Exemption means the city has determined that the project qualifies for a categorical or statutory exemption from the California Environmental Quality Act's full environmental review requirements. For residential projects in urban infill settings, CEQA provides several exemptions that can apply when a project meets specific criteria related to lot size, location, existing infrastructure, and consistency with applicable general plans.

In practical terms, qualifying for a CEQA exemption rather than requiring a Mitigated Negative Declaration or Environmental Impact Report saves months to more than a year of review time and eliminates the risk of a legal challenge on CEQA grounds that could require additional studies or mitigation measures. For an affordable housing project where financing structures are sensitive to timeline uncertainty, and where tax credit allocations are tied to specific construction commencement deadlines, CEQA certainty is not just procedurally convenient, it is financially critical.

The city's preliminary application records show a February 6, 2025 pre-application filing, just days after the land acquisition closed. That speed, filing a pre-application almost immediately after close of escrow, reflects the ICLT and USA Properties' experience with the Irvine entitlement process and their intent to move the project through review as efficiently as possible. The April 2026 NOE, roughly fourteen months after the pre-application, is consistent with a project that has been advancing steadily through the review pipeline.

Who Is Building This and Why It Matters for Irvine's Housing Future

The Irvine Community Land Trust is a Irvine-based nonprofit organization whose mission is to create and preserve permanently affordable housing for lower-income households in Irvine. The ICLT operates within the community land trust model, which involves the nonprofit retaining ownership of the land while individual homeowners or affordable housing renters occupy the buildings on long-term ground leases. The model ensures that affordability restrictions remain in place in perpetuity rather than expiring after a fixed term, as many tax-credit funded affordable housing projects do.

USA Properties Fund is a Roseville, California-based developer with decades of experience building and managing affordable multifamily housing in California. USA Properties has financed and constructed affordable communities across the state using LIHTC and other subsidy programs, giving them the institutional knowledge to navigate California's complex affordable housing financing system. Their partnership with ICLT combines ICLT's community relationships and land trust expertise with USA Properties' development and construction experience.

Gemdale USA, which sold the property, is the U.S. subsidiary of Gemdale Corporation, one of China's largest property developers. Gemdale USA had assembled the Barranca site with residential development intentions, but ultimately sold to the ICLT joint venture in a transaction that the IPA broker team described as reflecting the market's recognition that affordable multifamily was the highest and best use that would actually move forward on this particular site.

For prospective buyers interested in the for-sale townhome component of this project, pricing and availability information will not be released until the project advances through entitlements and the townhome product is formally launched. We are tracking this project closely and can notify interested buyers when that information becomes available.

Interested in Affordable Housing Eligibility or New For-Sale Homes in Irvine?

Whether you want to understand how to qualify for income-restricted housing in Irvine, want to be notified when the for-sale townhomes at 2400 Barranca reach the market, or are simply looking for homes available for sale in Irvine today, we can help. We follow new development across the IBC corridor and all of Irvine closely.

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Posted in Real Estate News
July 31, 2026

16842 Von Karman Avenue: KB Homes Plans 108 Townhomes on the Former Von Karman Tech Center Office Site in Irvine's IBC

Posted July 2026 | By Eric Engelbert | Updated as the project progresses.

KB Homes Enters Irvine's IBC: 108 Townhomes on the Former Von Karman Tech Center Site

KB Homes is one of the largest publicly traded homebuilders in the country, known for delivering for-sale homes in master-planned communities across California and the Southwest. Their emergence in Irvine's Irvine Business Complex as an applicant for an office-to-residential conversion is itself a signal about where the for-sale housing market is heading in the airport area. A national builder with KB Homes' scale and sales infrastructure does not file entitlements in a submarket unless it believes buyers will be there in meaningful numbers when the project delivers.

The project at 16842 Von Karman Avenue proposes 108 townhome-style residences on 4.61 acres that currently hold the Von Karman Tech Center, a 101,161-square-foot office building constructed in 1980. SB 330 was filed with the City of Irvine in September 2025, and the Tract Map, Park Plan, and Master Plan all followed in October 2025. The project is in Planning Area 36, the IBC designation that allows residential conversion of former office sites near John Wayne Airport.

The Site: Von Karman Tech Center, Built 1980, 4.61 Acres

The Von Karman Tech Center at 16842 Von Karman Avenue is a product of the first wave of Irvine Business Complex development. Built in 1980 and covering 101,161 square feet on a 4.61-acre parcel, it represents the type of single-tenant or multi-tenant suburban office building that defined the IBC for its first three decades. The building served the technology and professional services industries that located near John Wayne Airport during Southern California's aerospace and defense industry expansion of the 1980s and 1990s.

Von Karman Avenue runs north-south through the heart of Planning Area 36, named for Theodore von Karman, the Hungarian-American aeronautical engineer and co-founder of NASA's Jet Propulsion Laboratory. The street address reflects the IBC's original identity as an employment district oriented toward aerospace, engineering, and related high-technology uses. The conversion of the Von Karman Tech Center from office to residential is part of a wholesale transformation of this corridor that has accelerated since the city adopted residential conversion standards for Planning Area 36.

At 4.61 acres, the Von Karman Tech Center site is large enough to support a meaningful residential project while remaining at a scale that does not require the phased delivery and complex infrastructure of the largest IBC conversions. Twenty-three units per acre is a density that works well for a townhome product type, allowing for individual garage access, private outdoor space, and a building scale that reads as residential neighborhood rather than dense urban infill.

108 Townhomes: What the Product Type Means for Buyers

The project description in city filings identifies the 108-unit development as a townhome project, which is a meaningful product distinction in the Irvine new construction market. Townhome-style residences typically feature two or more stories of living space, attached construction with neighbors above or below rather than side by side on every level, direct-access garage parking integrated into the unit footprint, and a private entry separate from a shared lobby or corridor. In Southern California new construction, townhomes occupy the middle ground between detached single-family homes and high-density stacked flats, offering more privacy and functionality than a traditional apartment or condo while remaining more attainable than a detached home on an individual lot.

KB Homes has built its national business around exactly this product category, particularly in markets like Orange County where land costs require density but buyers still expect private garages, dedicated outdoor space, and a sense of owning a home rather than living in a building. The firm's KB Connect program, which allows buyers to customize home options through an online design process, is also a differentiator from smaller local builders who deliver a fixed product. Detailed floor plan information and unit size ranges will become available as the project advances through the entitlement process and KB Homes releases marketing information.

Unit Count108 townhome-style homes
For-sale structure
Multi-story layouts
Private garage access
Site4.61 acres
16842 Von Karman Avenue
Planning Area 36 (IBC)
Irvine, CA 92612
Prior UseVon Karman Tech Center
101,161 SF office building
Built 1980
Office-to-residential conversion
DeveloperKB Homes
National publicly traded
homebuilder
NYSE: KBH
Project Address 16842 Von Karman Avenue, Irvine, CA 92612
Total Units 108 townhome-style residences (for-sale)
Site Size 4.61 acres
Prior Building Von Karman Tech Center, 101,161 SF, built 1980
Planning Area PA 36 (Irvine Business Complex)
Developer KB Homes
SB 330 Pre-Application September 2025
Tract Map Filed October 2025
Park Plan Filed October 2025
Master Plan Filed October 2025
City Planner Brett Cannon
Project Status Entitlements under review

The Entitlement Sequence: SB 330, Tract Map, Master Plan, Park Plan

KB Homes filed the SB 330 preliminary application in September 2025, establishing the project's protected baseline under the Housing Crisis Act. The SB 330 filing locks in the applicable development standards and prevents the city from applying more restrictive regulations or fees during the review period, giving KB Homes the cost certainty that a national builder's pro forma requires before committing to a full entitlement campaign.

The October 2025 filings for the Tract Map, Park Plan, and Master Plan represent the next layer of the Irvine entitlement process. The Tract Map for a for-sale condominium or townhome project is typically filed as a Vesting Tentative Tract Map, which provides additional vested rights protections beyond a standard tentative map. The Master Plan establishes the land use designations, site layout, and development standards governing the 108-unit project on the 4.61-acre Von Karman Tech Center site. The Park Plan addresses Irvine's park dedication requirement, which applies to all residential projects and is calculated on a per-unit basis based on the number and size of homes proposed.

Planner Brett Cannon is the assigned city contact. From the October 2025 application filings, a standard Irvine entitlement timeline would put the project's Planning Commission hearing in the range of mid-2026 to early 2027, assuming the application proceeds without significant redesign requests or supplemental environmental review requirements. KB Homes' experience with the Irvine entitlement process, based on their prior work in Irvine and Orange County, means they understand the specific requirements of the city's subdivision committee, design review, and public hearing process.

KB Homes in the IBC: Why a National Builder Chose This Location

KB Homes' decision to bring a townhome project to Irvine's IBC rather than to a greenfield master-planned community reflects the changing geography of Orange County's new home market. The undeveloped acreage in Irvine's Portola Springs and Great Park Neighborhoods is largely committed to the Irvine Company and Five Point's development programs. The remaining opportunity for homebuilders to land for-sale communities in Irvine is through infill conversion, and Planning Area 36 is the designated corridor for that conversion.

A KB Homes community in the IBC also offers a commute profile that master-planned communities in Irvine's interior cannot match. Residents at 16842 Von Karman are minutes from John Wayne Airport, within easy reach of the employment corridors along MacArthur Boulevard, Jamboree Road, and the 405 Freeway. The UCI Health hospital campus on Jamboree Road is a growing employment anchor. The airport area's restaurant, hotel, and service commercial infrastructure, which already serves the business community, is immediately accessible to residents.

For buyers who have been priced out of detached single-family homes in Irvine but want more than a stacked apartment or high-rise condo, a 108-unit townhome community in a well-connected IBC location is a genuine opportunity. The community size is also relevant: 108 homes is small enough that residents know one another, the HOA governance is manageable, and the shared spaces feel proportional to the population using them. That is a meaningful quality-of-life advantage over communities that scale to hundreds or thousands of residents.

Interested in KB Homes in Irvine or Irvine Townhomes for Sale?

This project has not yet received Planning Commission approval and is not available for purchase. We follow all active KB Homes communities in Orange County and track the IBC entitlement pipeline closely. Contact us to be added to the update list for 16842 Von Karman, or to explore Irvine townhomes and condominiums currently available for sale.

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Posted in Real Estate News
July 31, 2026

2152 Dupont Drive: Starpointe Ventures Plans 107 Condominiums with 11 Affordable Units in Irvine's IBC Using Density Bonus Law

Posted July 2026 | By Eric Engelbert | Updated as the project progresses.

107 Condominiums at 2152 Dupont Drive: How Starpointe Uses the Density Bonus to Deliver More Homes and Meet Affordability Requirements

In Irvine's Irvine Business Complex, Planning Area 36 has become the city's most active corridor for office-to-residential conversion. Most of those projects are large-scale apartment communities. The proposal at 2152 Dupont Drive is different in character: Starpointe Ventures has filed entitlement applications for 107 for-sale condominiums, a size that puts this project in a category of its own among the IBC pipeline. It is not a small project by any measure, but at 107 homes it occupies a human scale that the 400- and 800-unit apartment developments nearby simply cannot match.

The project uses California's Density Bonus Law to achieve its final unit count: 86 base units plus 21 density bonus units, with 11 of those units designated as on-site affordable housing in exchange for the bonus. The Master Plan, Park Plan, and Tract Map applications were all filed with the City of Irvine in November 2025. A preliminary application for traffic study purposes was filed earlier, in July 2025, at 108 units; the final filing refined the project to 107 units with the density bonus structure in place.

The Site: Dupont Plaza Office Building in Planning Area 36

The address 2152 Dupont Drive sits in the heart of Irvine's Planning Area 36, the zone encompassing the Irvine Business Complex between Jamboree Road, MacArthur Boulevard, and the 405 Freeway. This area was developed primarily in the 1980s as a major employment center, featuring mid-rise office buildings, light industrial uses, and commercial services that served the airport-adjacent business community for decades.

The specific building at 2152 Dupont Drive has been known as the Dupont Plaza office building, a product of the era when companies like Starpointe were building and managing suburban office parks throughout Southern California. The transition from office to residential at this address reflects a broader shift in what tenants want from their space, what investors believe the highest and best use is for IBC properties, and what Irvine's city leaders have approved through zoning that allows residential conversion in Planning Area 36.

Dupont Drive runs through one of the more established portions of the IBC, with a range of commercial and office properties nearby. The corridor connects to Jamboree Road on one end and to the internal street grid of the business complex on the other, providing straightforward access to the freeway system, John Wayne Airport, and the employment concentration along MacArthur Boulevard. For residents who work in the IBC or nearby Newport Beach employment centers, the commute effectively disappears.

The Numbers: 86 Base Units, 21 Density Bonus Units, 11 Affordable

The project structure at 2152 Dupont is a textbook application of California's Density Bonus Law. The baseline entitlement under Irvine's zoning for the site supports 86 residential units. By committing to include 11 units reserved for income-restricted affordable housing, the developer becomes eligible for a density bonus that allows additional market-rate units beyond what zoning would otherwise permit. The specific bonus calculation results in 21 additional units, bringing the total to 107.

The 11 on-site affordable units are part of the project, not a fee-in-lieu arrangement. That means buyers and residents of the affordable units live in the same community as the market-rate buyers, in the same buildings or immediate surroundings rather than in a separate income-restricted building on another block. What type of affordable designation applies, whether very low, low, or moderate income, determines the income limits for those 11 units. The Density Bonus Law provides the most favorable terms, including the maximum number of bonus units, when very low income units are included.

The Tract Map filed in November 2025 establishes the condominium subdivision structure that allows all 107 units, including the 11 affordable units, to be sold as individual for-sale condominiums. This is notable: Irvine's IBC residential pipeline is overwhelmingly rental apartments. A for-sale condominium project in this corridor, even one that includes affordable units, is a genuinely uncommon product type.

Total Units107 condominiums
86 base + 21 density bonus
For-sale structure
Individual condominium title
Affordable Units11 on-site units
Income-restricted
Part of density bonus
exchange
Market Rate Units96 market-rate homes
Full ownership title
HOA community
IBC location
Planning AreaPA 36 (IBC)
Office-to-residential
conversion corridor
Airport area, Irvine 92612
Project Address 2152 Dupont Drive, Irvine, CA 92612
Total Units 107 condominiums (86 base + 21 density bonus)
Affordable Units 11 on-site income-restricted units
Market-Rate Units 96 units
Planning Area PA 36 (Irvine Business Complex)
Developer Starpointe Ventures
Entitlement Pathway California Density Bonus Law + VTTM
SB 330 Pre-Application July 30, 2025 (108 units, traffic study)
Master Plan Filed November 10, 2025
Park Plan Filed November 10, 2025
Tract Map Filed November 19, 2025
Project Status Entitlements under review

The Entitlement Path: Density Bonus, Master Plan, and Irvine's Subdivision Process

Starpointe's July 2025 preliminary application, filed for a traffic study associated with 108 units, was the first formal step in Irvine's entitlement sequence. SB 330 preliminary applications allow applicants to establish a vested baseline against which subsequent applications are reviewed, protecting the project from zoning changes or fee increases that might occur during the review period. The preliminary application also initiates the traffic study process, which is required before a Master Plan application can be deemed complete.

By November 2025, the project had been refined to 107 units and three formal applications were filed simultaneously: the Master Plan, the Park Plan, and the Tract Map. In Irvine, a Master Plan is the primary land use entitlement document for residential projects in planned communities. It establishes the site layout, permitted uses, development standards, building configurations, and phasing if applicable. The Park Plan addresses Irvine's parkland dedication requirement and typically involves either the dedication of land for public park use or payment of in-lieu fees calculated on a per-unit basis. The Tract Map, as a Vesting Tentative Tract Map, subdivides the property into individual condominium units that can be sold separately.

California's Density Bonus Law, once invoked by a developer who commits to an affordable housing set-aside, places specific constraints on the city's ability to deny the density bonus units. The city cannot reduce or deny the 21 bonus units as long as the project meets the applicable findings. This provides Starpointe with a measure of entitlement certainty that purely discretionary projects do not have. The project still goes through the full Planning Commission process, but the density bonus component is a statutory right rather than a discretionary grant.

Starpointe Ventures and the Case for 107 Homes in the IBC

Starpointe Ventures is an Irvine-based real estate developer with a history in the Southern California office market, including prior work along the Dupont Drive corridor itself. Their pivot toward residential development at 2152 Dupont reflects the same calculus that dozens of IBC property owners have reached in recent years: vacancy rates for suburban office product in the airport area have climbed as tenants have downsized, consolidated, or shifted to higher-quality buildings, while residential demand in well-located Irvine addresses with good freeway access remains strong.

What makes this project stand out in the IBC pipeline is the condominium structure combined with the relatively moderate size. Most of the residential projects moving through Irvine's entitlement process in Planning Area 36 are rental apartments operated by institutional landlords. A for-sale community of 107 homes offers a different value proposition: long-term equity in a well-located Irvine address, a manageable HOA size, and the quality-of-life characteristics that come from living in a community where your neighbors are also owners rather than transient renters.

For buyers looking at new construction options in Irvine, 107 units represents a community size where amenities are sized for the actual resident count, where HOA meetings are legitimate governance rather than bureaucracy, and where the common areas and shared spaces feel like they belong to the residents rather than to a property management company. That is a genuine advantage in a new construction landscape where the alternative is often choosing between tiny infill and enormous apartment complexes with no middle ground.

Interested in Irvine Condominiums for Sale or New Development Updates?

The 2152 Dupont project is in active entitlement and has not yet been approved or brought to market. We track all new development in Irvine's IBC corridor and can notify you when projects like this reach key milestones. If you are looking for condominiums for sale in Irvine now, we can help you find the best current inventory.

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Posted in Real Estate News
July 31, 2026

3400 Michelson Drive: 58 Attached Condominiums Planned on a 3-Acre Site Near the UCI Corridor

Posted July 2026 | By Eric Engelbert | Updated as the project progresses.

Irvine's Smallest New Condo Project: 58 Homes at 3400 Michelson Drive

When people think about new housing in Irvine, they tend to picture the large-scale apartment conversions taking shape across the Irvine Business Complex near John Wayne Airport, where projects of 400, 600, and 800 units are in the pipeline. The proposal at 3400 Michelson Drive does not fit that mold. A preliminary application under SB 330 filed December 29, 2025 proposes just 58 attached residential condominiums on a 3.211-acre site in the Rancho San Joaquin area of Irvine, near the UCI campus corridor. A Vesting Tentative Tract Map and Master Plan were filed with the city on February 3, 2026.

Fifty-eight homes is a number that matters in a city where most new residential entitlement activity involves hundreds of units at a time. A community this size has a fundamentally different character from a 422-unit apartment complex or an 830-unit mega-development. Residents know their neighbors. Shared amenities are actually shared rather than spread thin across a sprawling population. The HOA is manageable. That scale of living is harder to find in Irvine than most buyers assume, and the Michelson project, if it moves through entitlements and reaches construction, will be one of the most intimate new for-sale communities in the city.

The Site: A 3-Acre Institutional Property Along Michelson Drive

The property at 3400 Michelson Drive is a 3.211-acre site that currently holds a 33,924-square-foot building that has served institutional and community uses, most recently associated with a synagogue and school occupancy. The site is situated on Michelson Drive in the Rancho San Joaquin area of Irvine, a location that places it between the UCI campus to the west and the heart of the Irvine Business Complex to the east, with the San Joaquin Wildlife Sanctuary and Rancho San Joaquin Golf Course to the south. The surrounding street grid includes residential neighborhoods and the mixed institutional and commercial uses that characterize this stretch of central Irvine.

The property falls within the 92612 zip code, one of the most transit-accessible and employment-dense zip codes in Orange County. Residents would have quick access to UCI Health facilities, the university campus, and the employment concentration along Jamboree Road. John Wayne Airport is a short drive east. Irvine's trail network and the San Joaquin Wildlife Sanctuary are essentially next door. For buyers who want walkable access to green space and proximity to both UCI and the business district without being in the middle of a large apartment complex, this location has obvious appeal.

The existing 33,924-square-foot building will be removed to make way for the residential development. At roughly 18 units per acre across the 3.211-acre site, 58 condominiums represents a relatively moderate density that is consistent with the area's mix of residential and institutional uses rather than the higher-density apartment formats typical of the IBC corridor.

58 Attached Condominiums: Project Specifics

The project application is for 58 attached residential condominiums. The for-sale structure means buyers will hold individual condominium title to their units, with a homeowners association managing common areas and shared improvements. The Vesting Tentative Tract Map filed February 3, 2026 establishes the legal subdivision required to create individual condominium parcels from the currently undivided site.

Detailed floor plan information, unit size ranges, and architectural design details have not been disclosed through the city's early entitlement filings at this stage of the process. The SB 330 preliminary application and subsequent Master Plan submission are the first formal steps in Irvine's development review sequence, and design details typically become available as projects advance to Planning Commission hearings. The developer entity has not been publicly named in city filings reviewed at the time this post was written.

Unit Count58 attached condominiums
For-sale ownership
Individual title per unit
HOA common areas
Site3.211 acres
33,924 SF existing building
Rancho San Joaquin area
Irvine, CA 92612
Density~18 units per acre
Moderate residential density
Consistent with neighborhood
context
Entitlement StageSB 330 pre-app Dec 2025
VTTM + Master Plan Feb 2026
Planning Commission review
pending
Project Address 3400 Michelson Drive, Irvine, CA 92612
Total Units 58 attached condominiums (for-sale)
Site Size 3.211 acres
Existing Building 33,924 SF institutional building (synagogue / school uses)
Project Type Attached residential condominiums, VTTM subdivision
SB 330 Pre-Application December 29, 2025
VTTM Filed February 3, 2026
Master Plan Filed February 3, 2026
Decision Body Planning Commission
City Planner Tianna De La Paz
Developer Not publicly confirmed at time of writing
Project Status Early entitlements under review

How SB 330 and the VTTM Pathway Work for This Project

The developer used SB 330, the Housing Crisis Act of 2019, to file a preliminary application on December 29, 2025. SB 330 is a state law that gives housing project applicants the ability to lock in the zoning and development standards that apply to their project on the day of that preliminary application, rather than having to comply with any more restrictive rules adopted while the project is under review. For a for-sale condominium project in a city where zoning regulations, design standards, and fee schedules can change during the multi-year entitlement process, locking in conditions early through SB 330 provides meaningful cost and timeline certainty.

Following the SB 330 preliminary filing, the applicant filed the Vesting Tentative Tract Map and Master Plan on February 3, 2026. The VTTM is the mechanism by which the site will be legally subdivided into 58 individual condominium lots for fee-simple sale. In Irvine, a Master Plan is a project-specific planning document that establishes the site layout, land use designations, and development standards that will govern the project through construction. Irvine's subdivision review process also requires a Park Plan, which establishes how the project will meet the city's parkland dedication requirement, either through dedication of land or payment of in-lieu fees.

From the February 2026 VTTM filing, the typical timeline to Planning Commission hearing in Irvine runs six to twelve months, depending on staff workload and the completeness of the application. A project of this scale, with 58 for-sale condominiums and no reported affordable housing component requiring separate review, would generally be considered a relatively straightforward review compared to the larger mixed-use and density bonus projects elsewhere in the city's entitlement pipeline.

Why Smaller Communities Offer Something the Big Ones Can't

Irvine's new residential pipeline is dominated by large-scale projects: 422 units at Newport Summit, 668 units across two buildings on Business Center Drive, 830 units at the Centerpointe campus. Those projects will add significant housing supply to the city, and that supply matters. But they are apartment communities, not for-sale condominiums, and their scale means that residents are part of something closer to a small town than a neighborhood.

Fifty-eight condominiums at 3400 Michelson is a different proposition. At that size, a homeowners association functions the way HOAs are supposed to function: a manageable number of homeowners making decisions together about shared maintenance and community standards. Board members are actual neighbors, not property management representatives of a distant owner. The parking situation is knowable. The amenity areas, whatever they turn out to be, serve 58 households rather than hundreds. The shared walls you live with are the walls of people whose names you learn.

For buyers who have experienced the anonymity of large apartment complexes, whether as renters or owners in a large condo tower, the appeal of a community this size is genuine. The Irvine location adds a premium on top of that: top-rated Irvine Unified School District schools, proximity to UCI and UCI Health, access to the city's trail network and the San Joaquin Wildlife Sanctuary, and freeway access via the 405 that makes most of Orange County commutable from this location.

At the time this post was written, no pricing had been announced because the project had not yet received Planning Commission approval. Buyers interested in tracking this project through the approval process and being notified when pricing and floor plans are released can contact our office to be added to the interest list we maintain for Irvine condominium projects.

Want to Track This Project or Search Irvine Condominiums Now?

We follow new development in Irvine closely, including projects in early entitlement like 3400 Michelson. If you want to be notified as this project advances through the approval process, or if you are looking for for-sale condominiums in Irvine now, we can help with both.

Call or text Eric at 949-430-7500  |  Contact us online

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Posted in Real Estate News