Irvine, CA 92620,26 Lakepines
Irvine, CA 92620,26 Lakepines
Irvine, CA 92620,26 Lakepines
Irvine, CA 92620,26 Lakepines
Irvine, CA 92620,26 Lakepines
Irvine, CA 92620,26 Lakepines
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$ 688,800
Est. payment | /mo

1 Bed

2 Baths

1,115 SqFt


$ 688,800
Est. payment | /mo

1 Bed

2 Baths

1,115 SqFt

OPEN HOUSE

Sun Aug 03, 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 $617

Subdivision The Lakes (Lk)

MLS Listing ID OC25170169

Bedrooms 1

Full Baths 1

Half Baths 1

Condo Fees $344

Construction Status Updated/Remodeled

HOA Fees $344/mo

HOA Y/N Yes

Year Built 1978

Lot Size 762 Sqft

Property Sub-Type Townhouse

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 community offers exceptional amenities: two pools, two spas, two tennis courts, and lush landscaped paths along tranquil water features. Located within the highly rated Irvine Unified School District, this property is also just minutes from shopping, dining, freeway access, and several scenic trails including Hicks Canyon Trail and the Jeffrey Open Space Trail. There are no Mello-Roos taxes, making this an even more appealing long-term investment.

One assigned covered carport parking space is included, with additional guest and street parking available. HOA dues cover water, sewer, trash, and exterior maintenance—making this an easy-to-manage investment.

Whether you're adding to a portfolio or seeking a turnkey rental in one of Orange County's most desirable markets, this property checks all the boxes.

Location

State CA

County Orange

Area Nw - Northwood

Interior

Interior Features Breakfast Bar, Chair Rail, Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, Paneling/Wainscoting, Recessed Lighting, All Bedrooms Up, Primary Suite, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Carpet, Tile, Wood

Fireplaces Type None

Inclusions Washer / Dryer and Refrigerator

Fireplace No

Appliance Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer

Laundry Inside, Laundry Closet, Stacked, Upper Level

Exterior

Exterior Feature Awning(s)

Parking Features Assigned, Covered, Carport, Guest

Carport Spaces 1

Fence Excellent Condition, Wood

Pool Community, Fenced, Gunite, Heated, In Ground, Association

Community Features Lake, Street Lights, Sidewalks, Pool

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Amenities Available Maintenance Grounds, Insurance, Maintenance Front Yard, Pool, Spa/Hot Tub, Tennis Court(s), Trash, Water

Waterfront Description Creek,Lake,Pond,Stream

View Y/N No

View None

Roof Type Composition

Accessibility None

Porch Patio

Total Parking Spaces 1

Private Pool No

Building

Lot Description Back Yard, Landscaped, Rectangular Lot, Yard

Dwelling Type House

Faces Northeast

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer, Sewer Tap Paid

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Santiago Hills

Middle Schools Sierra Vista

High Schools Northwood

School District Irvine Unified

Others

HOA Name The Lakes Master

HOA Fee Include Sewer

Senior Community No

Tax ID 53014372

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://tours.previewfirst.com/ml/133782

CRMLS – RECore
Listed by Richard Wamsat Coldwell Banker Realty 949-864-6933
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26 Lakepines