26 Lakepines Irvine, CA 92620
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Richard Wamsat - Contact:  949-864-6933

  26 Lakepines Irvine, CA 92620

Active (1 Days)
$688,800
OPEN HOUSE TIMES
  • OPEN
    Sun, Aug 3
    1:00 pm - 4:00 pm

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.

MLS #:
OC25170248
Taxes
$3,849(2024)
Lot Size
764 SQFT
Type
Multifamily
Year Built
1978
Style
Patio Home, Traditional
County
Orange County
Community
The Lakes (Lk)

Listed By

Richard Wamsat, DRE #01345167 CA, Coldwell Banker Realty, Contact: 949-864-6933
Source
CRMLS
Last checked Aug 1 2025 at 5:15 AM GMT+0000
Bathroom Details
Interior Features
  • All Bedrooms Up
  • Ceiling Fan(s)
  • Crown Molding
  • Granite Counters
  • Paneling/Wainscoting
  • Recessed Lighting
  • Walk-In Closet(s)
  • Laundry: Inside
  • Laundry: Laundry Closet
  • Laundry: Upper Level
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Cooktop
  • Electric Range
  • Free-Standing Range
  • Gas Water Heater
  • Microwave
  • Refrigerator
  • Washer
  • Water to Refrigerator
  • Windows: Double Pane Windows
  • Windows: Garden Window(s)
  • Windows: Plantation Shutters
  • Windows: Skylight(s)
Subdivision
  • The Lakes (Lk)
Lot Information
  • Back Yard
  • Landscaped
  • Level
  • Rectangular Lot
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Central Air
Pool Information
  • Association
  • Community
  • Fenced
  • Gunite
  • Heated
  • In Ground
Homeowners Association Information
  • Dues: $344/Monthly
Flooring
  • Carpet
  • Tile
  • Wood
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Water Source: Public
  • Sewer: Sewer Tap Paid
Parking
  • Assigned
  • Carport
  • Covered
  • Guest
Stories
  • 2
Additional Information: Irvine | 949-864-6933
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.