Traditional

26 Lakepines

Irvine , CA 92620

MLS#: OC25170169

$688,800

Status: Active
Listing number: OC25170169
Listing provided by: Coldwell Banker Realty
Listing agent phone: None
Last update: an hour ago
New on site 1 day ago
Browse Properties
The Lakes (LK) - Residential

Property

Beds

1

Full Baths

1

1/2 Baths

1

Year Built

1978

Sq.Footage

1,115

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.

Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar, Ceiling Fan(s), Granite Counters, Recessed Lighting, Walk-In Closet(s)

  • Total Bedrooms

    1

  • Bathrooms

    1

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

Exterior

  • Garage

    No

  • Construction Materials

    HardiPlank Type, Stucco, Wood Siding

  • Other Exterior Features

    Awning(s)

  • Parking

    Assigned, Covered, Carport, Guest

  • Patio and Porch Features

    Patio

  • Pool

    Yes

  • Pool Features

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

  • View

    None

Area & Lot

  • Lot Features

    Back Yard, Landscaped, Rectangular Lot

  • Lot Size(acres)

    0.0175

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Traditional

Price

  • Sales Price

    $688,800

  • Sq. Footage

    1, 115

  • Price/SqFt

    $617

HOA

  • Association

    YES

  • Association Fee

    $344

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Santiago Hills

  • Middle School

    Sierra Vista

  • High School

    Northwood

Property Features

  • Stories

    2

  • Association Amenities

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

  • Foundation Details

    Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    26

  • Water Source

    Public

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Location

County

Orange

Elementary School

Santiago Hills

Middle School

Sierra Vista

High School

Northwood

Listing Courtesy of Richard Wamsat , Coldwell Banker Realty

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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.

26 Lakepines

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