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Listed by Richard Wamsat • Coldwell Banker Realty

$669,000

Est. payment - /mo

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1 Bed

1.5 Baths

1,115 SqFt

Price Dropped by $19K

26 Lakepines Irvine, CA 92620

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Alex Tai

alex@cullinanluxury.com +1(650) 773-2321

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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

Source California Regional MLS

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

Architectural Style Traditional

Others

Tax ID 53014372

Special Listing Condition Not Applicable

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321