Orange County property record for 242 Oceano, Irvine, CA 92602
| Property Type | Single Family Home |
|---|---|
| Details | 4 bd · 3 ba · 2,796 sqft · built 2018 |
| Lot Size | 0.088 acres (3,861 sqft) |
| Owner | Individual Name on File |
| Last Sale | $2,950,000 (Nov 2023) |
| Tax Bill | $35,427 (2025) |
| Deeds & Mortgages | Nov 2023 Sale Mar 2021 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 527-431-31 |
| Primary APN | 527-431-31 |
|---|
| Bedrooms | 4 Beds |
|---|---|
| Full Baths | 3 Baths |
| Building Area | 2,796 sqft Living Area |
| Year Built | Built 2018 |
|---|---|
| Lot Area | 3,861 sqft (0.088 acres) |
| Garage Area | 422 sqft |
| Parking Spaces | 2 Parking Spaces |
| Street Address | 242 OCEANO |
|---|---|
| City | IRVINE |
| State | CA |
| Zip | 92602-1853 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | N TR 18014 BLK LOT 29 |
| Legal Tract | 18014 |
| Legal Lot Number | 29 |
| Jurisdiction | ORANGE CA |
| Township / Civil Division | IRVINE-LAKE FOREST |
| Census Block Group | 5 |
| Census Block | 5013 |
| Census Tract | 52437 |
242 Oceano is owned and occupied by an individual who bought it in November 2023.
Source: Orange County records, as of November 17, 2025
| Owner of Record | Individual Name on File |
|---|---|
| Co-owner | Co-owner on File |
| Mailing Address | 242 OCEANO, IRVINE, CA 92602-1853 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Nov 9, 2023 | Grant Deed, Transfer FIDELITY NATIONAL TITLE, FIDELITY NATL TTL ORANGE CNT |
| Mar 22, 2021 | Deed of Trust, Mortgage · Conventional Mortgage INDUSTRIAL & COMMERCIAL BANK OF CHINA NA |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Nov 9, 2023 · Amount on File |
| Deed Sale | Nov 9, 2023 · Amount on File |
| Prior Sale | Aug 6, 2018 · Amount on File |
| Deed Document Number | 2023000275210 |
| Record Updated | Jun 8, 2026 |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | ORANGE CA |
| Recording Date | Nov 9, 2023 |
| Property Address | 242 OCEANO, IRVINE, CA 92602-1853 |
| Document Number | 0000275210 |
| Map Reference | MB 973 PG 46-50 |
| Instrument Date | Oct 19, 2023 |
| Instrument | 2023000275210 |
| Transaction Type | Transfer |
| Record Updated | Nov 23, 2023 |
| Title Company | FIDELITY NATIONAL TITLE, FIDELITY NATL TTL ORANGE CNT |
| Amount | Amount on Record |
|---|---|
| Tax | $0.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Tenants in Common |
| Address | 242 OCEANO, IRVINE, CA 92602-1853 |
| Investor | Possibly a Property Investor |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | ORANGE CA |
| Property Address | 242 OCEANO, IRVINE, CA 92602-1853 |
| Transaction Type | Mortgage |
| Record Updated | Sep 12, 2023 |
| Title Company | PACIFIC COAST TITLE COMPANY |
| Name | Verified Name |
|---|---|
| Address | 242 OCEANO, IRVINE, CA 92602-1853 |
| Investor | Possibly a Property Investor |
| Document Number | 0000196082 |
|---|---|
| Date | Mar 22, 2021 |
| Instrument | 2021000196082 |
| Name | INDUSTRIAL & COMMERCIAL BANK OF CHINA NA |
|---|---|
| Type | Bank |
| Address | NEW YORK, NY 10036 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 361 Months |
| Due | Apr 1, 2051 |
| Rate Type | Adjustable Rate |
|---|---|
| Type Change Date | Apr 1, 2028 |
| Change Frequency | Annually |
| Min Rate At Change | 3.87% |
| Max Rate At Change | 5.87% |
| Index | 1-Year LIBOR |
| Max Rate | 9.87% |
The 2025 property tax bill for 242 Oceano was $35,427 with a homeowner's exemption.
Source: Orange County assessment roll, as of July 1, 2025
| Type | Name |
|---|---|
| State | California |
| County | Orange County |
| Municipality | Irvine City |
| Unified School District | Irvine Unified School District (KG - 12) |
| Year | Tax Bill | Assessed Value |
|---|---|---|
| 2025 | $35,427.00 Homeowner's exemption | $3,009,000 Land $2,277,985 Building $731,015 |
| 2023 | $20,779.00 (+1.62%) | $1,618,452 Land $985,179 Building $633,273 |
| 2022 | $20,447.00 |
Assessed value is set for property tax purposes and is not a market price estimate.
FEMA maps place 242 Oceano in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.
Source: FEMA National Flood Hazard Layer, effective September 27, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone A, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 9 (5% premium discount) |
| Nearby Flood Policies | 2 in force |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 242 Oceano is moderate, ranking above 65% of the US, with a 0.3% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Moderate above 65% of the US · lower than 60% of California |
|---|---|
| Wildfire Likelihood | 0.3% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | IRVINE RANCH WATER DISTRICT serves 450,323 people · EPA ID CA3010092 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Nov 2023 |
| Lead | Under 1 ppb (2023–2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 342 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Cox Communications Cable · Fiber in parts of the area | 2,000 / 100 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T Fixed Wireless · DSL · Fiber in parts of the area | 100 / 20 |
May also be available: GeoLinks, Google Fiber.
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