26 Lakepines Active Save Request In-Person Tour Request Virtual Tour
Irvine,CA 92620
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25170248
Style Traditional
HOA Fees $344
Year Built 1978
Lot Size 764 Sqft
Property Description
Secure Rental Income from Day One in Irvine! This upgraded 1-bedroom townhome with a separate office or den is located in The Lakes-a peaceful community surrounded by mature trees, flowing streams, and scenic walkways. The property is currently leased through June 30, 2026, with reliable tenants paying $2,725/month, providing immediate cash flow with an estimated cap rate of approximately 3.82%, based on actual income and expenses. Market proforma rent is approximately $2,900/month, offering solid rental upside over time. The unit 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 quartz 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 conditioning, dual-pane windows, and a full suite of appliances-refrigerator, washer, and dryer-all of which are included in the sale. The Lakes communit
Location
State CA
County Orange
Area Nw - Northwood
Rooms
Kitchen Dishwasher,Garbage Disposal,Microwave,Other,Oven Range - Electric,Oven Range,Refrigerator
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Closet,Other,Washer,Washer/Dryer - Owned,Upper Floor,Dryer
Exterior
Parking Features Assigned Spaces,Carport ,Covered Parking,Guest / Visitor Parking
Garage Spaces 1.0
Pool Pool - Gunite,Pool - Heated,Pool - In Ground,21,Pool - Fenced,Community Facility,Spa - Community Facility
View None
Roof Type Composition
Building
Lot Description Grade - Level
Foundation Concrete Slab
Sewer Sewer Available
Water Other,District - Public
Others
Special Listing Condition Not Applicable