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$ 669,000
Est. payment /mo
Active
26 Lakepines Irvine, CA 92620
1 Bed
1,115 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,115 sqft
Price per Sqft $600
MLS Listing ID CROC25170248
Bedrooms 1
HOA Fees $344
HOA Y/N Yes
Year Built 1978
Lot Size 764 Sqft
Acres 0.02
Property Sub-Type OTHER
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
Heating Central
Cooling Central Air
Flooring Tile, Carpet, Wood
Fireplace No
Appliance Gas Water Heater
Laundry Dryer, Laundry Closet, Washer, Other, Inside
Exterior
Exterior Feature Back Yard, Other
Utilities Available Other Water/Sewer
View Y/N false
View None
Total Parking Spaces 1
Building
Lot Description Level, Other, Back Yard, Landscaped
New Construction No
Others
Tax ID 53014372
Virtual Tour https://tours.previewfirst.com/ml/133782

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Listed by Richard Wamsat • Coldwell Banker Realty
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