26 Lakepines Active Save Request In-Person Tour Request Virtual Tour
Irvine,CA 92620
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
Style Traditional
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Fees $344/mo
Year Built 1978
Lot Size 764 Sqft
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 a
Location
State CA
County Orange
Area Nw - Northwood
Rooms
Dining Room Breakfast Bar,Formal Dining Room
Kitchen Dishwasher,Garbage Disposal,Microwave,Other,Oven Range - Electric,Refrigerator
Interior
Heating Central Forced Air
Cooling Central AC
Fireplaces Type None
Laundry In Closet,Other,Washer,Stacked Only,Upper Floor,Dryer
Exterior
Parking Features Assigned Spaces,Carport ,Covered Parking,Guest / Visitor Parking
Fence Other,17
Pool Pool - Gunite,Pool - Heated,Pool - In Ground,21,Pool - Fenced,Community Facility,Spa - Community Facility
Utilities Available Other
View None
Roof Type Composition
Building
Foundation Concrete Slab
Sewer Sewer Available
Water Hot Water,District - Public
Others
Special Listing Condition Not Applicable
Virtual Tour https://tours.previewfirst.com/ml/133782