10
Map
$2,090,000
●
Condo -
For Sale
117 Yellow Iris
Irvine, CA 92618
4 Beds
4 Baths
2,475 Ft²
$10,558
Est. Monthly
$295
HOA / Fees
3.60%
Cap Rate
About This Property
Welcome to Portola Springs! Built in 2021, this spacious 2,475 sq.
ft. home features 4 bedrooms and 4 full bathrooms with a bright,
open-concept layout. Enjoy a modern kitchen, generous living
spaces, and a desirable floor plan ideal for both everyday living
and entertaining. Located in the highly sought-after Portola
Springs community, residents enjoy resort-style amenities, parks,
pools, scenic trails, and award-winning Irvine schools.
Conveniently close to shopping, dining, and major freeways.
Unit Size
2,475 Ft²
Days on Market
134 days
Land Size
0.27 acres
Price per sqft
$844
Property Type
Condo
Property Taxes
-
HOA Dues
$295
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #OC26127193)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2026 | Listed by Pinnacle Real Estate Group | $2,090,000 | |
| Listed by Pinnacle Real Estate Group | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, Garage Door Opener, On Street, DoorMulti
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Eat-in Kitchen, Open Floorplan, Pantry, SeparateFormalDiningRoom, Furnished
Appliances: Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
Flooring Type: Tile, Vinyl
Laundry Features: Inside, Laundry Closet, Upper Level
Fireplace Features: None
Exterior Details
Square Footage: 2475
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 2021
Levels: Two
Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows
Pool Features: Community, Association
Lot Features: Back Yard, Yard
Lot Size Area: 11771
Lot Size Units: Square Feet
Lot Size Acres: 0.2702
Lot Size Square Feet: 11771
Tax Lot: 35
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Insurance, Maintenance, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub, Trail(s), FirePit, PetRestrictions, PetsAllowed
HOA Fee: $295
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
About Portola Springs
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Listed by: Frank Wu, Pinnacle Real Estate Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC26127193
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC26127193
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