26 Lakepines Open House Save Request In-Person Tour Request Virtual Tour
Irvine,CA 92620
OPEN HOUSE
Sat Aug 30, 1:00pm - 4:00pm
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,115 sqft
Price per Sqft $600
MLS Listing ID CROC25170169
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Fees $344/mo
HOA Y/N Yes
Year Built 1978
Lot Size 764 Sqft
Acres 0.0175
Property Sub-Type Townhouse
Property Description
Price Reduced! Secure day-one rental income in Irvine at just $669,000, more than $50,000 below today’s market value. The most recent comparable sale in the community closed last year at $700,000. With a conservative appreciation of 1.73% over the last 12 months, that value is about $712,000 today. Adding this home’s extra half bath and superior upgrades brings fair market value closer to $727,000. At $669,000, you step in with instant equity. A long-term tenant is already in place, paying $2,725/month through June 30, 2026. That means immediate income with no vacancy risk. With current market rent closer to $2,900/month, there is built-in upside when the lease renews. This townhome offers the advantage of no neighbors above or below and the bonus of a rare fenced patio with upgrades like a retractable awning, stone pavers, and raised planter boxes. Inside, the home features a remodeled kitchen with granite countertops and stainless steel appliances, both bathrooms remodeled with plenty of storage, and elegant touches like recessed lighting, ceiling fans, crown molding, paneled wainscoting, paneled doors, two-tone paint, completely remodeled interiors, hardwood flooring, and wrought iron stair railings. Additional highlights include energy-efficient central heating and air co
Location
State CA
County Orange
Interior
Interior Features Den,Office,Breakfast Bar,Updated Kitchen
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Tile,Carpet,Wood
Fireplaces Type None
Fireplace No
Window Features Double Pane Windows,Skylight(s)
Appliance Dishwasher,Electric Range,Microwave,Refrigerator
Laundry Dryer,Laundry Closet,Washer,Other,Inside,Upper Level
Exterior
Exterior Feature Back Yard,Other
Pool Gunite,In Ground,Fenced
Utilities Available Other Water/Sewer,Cable Connected,Natural Gas Connected
View Y/N false
View None
Handicap Access None
Total Parking Spaces 1
Private Pool false
Building
Lot Description Back Yard,Landscaped,Street Light(s)
Story 2
Foundation Slab
Water Other
Architectural Style Traditional
Level or Stories Two Story
New Construction No
Schools
School District Irvine Unified
Others
Tax ID 53014372
Virtual Tour https://tours.previewfirst.com/ml/133782