Listed by: Eleanor Yung, Coldwell Banker Realty
$1,328,000
●
Condo -
Off Market
166 Borrego
Irvine, CA 92618
3 Beds
3 Baths,
1
Half Bath
1,810 Ft²
$7,210
Est. Monthly
$433
HOA / Fees
3.88%
Cap Rate
About This Property
Gorgeous Condo in the beautiful community of Agave in Portola
Springs. Built in 2013, this is the largest floorplan in the Agave
community featuring 3 bedrooms, 2.5 baths, an open floorplan, and
two outdoor courtyards. Prime END UNIT location with open
views, lots of NATURAL LIGHT and PRIVACY. Enter through the formal
foyer and you will be greeted by a LARGE and BRIGHT GREAT ROOM with
high ceilings, custom media built-ins, recessed lighting, grey
luxury vinyl flooring, and large windows overlooking lush plants
and trees. Sliding doors open from the Great Room to the dual
courtyards for INDOOR/OUTDOOR ENTERTAINING. This is a rare gem at
this price!
Unit Size
1,810 Ft²
Days on Market
131 days
Land Size
0.05 acres
Price per sqft
$762
Property Type
Condo
Property Taxes
-
HOA Dues
$433
Year Built
2013
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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: 2 years ago (CRMLS #OC24222674)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | No longer available | - | |
| No longer available | |||
| Oct 29, 2024 | Listed by Coldwell Banker Realty | $1,380,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Direct Access, Door Single, Garage, Garage Faces Rear, Side By Side
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Levels: Two
Interior Features: Breakfast Bar, Built In Features, Separate Formal Dining Room, Eat In Kitchen, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, All Bedrooms Up, Entrance Foyer, Primary Suite, Walk In Pantry, Walk In Closets
Appliances: Built In Range, Dishwasher, Gas Range, Microwave, Refrigerator, Tankless Water Heater
Flooring Type: Carpet, Vinyl
Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Upper Level
None
Exterior Details
Road Frontage Type: CityStreet
Property Condition: Updated Remodeled, Turnkey
Year Built: 2013
Parcel Number: 93475922
Home Type: Residential
Structure Type: House
Architectural Style: Traditional
Builder Name: William Lyons
Foundation Details: Combination
Roof: Tile
Window Features: Custom Coverings, Drapes, Plantation Shutters
Construction Materials: Drywall, Concrete, Stucco
Outdoor Living Structures: Enclosed, Front Porch, Open, Patio
Spa Features: Association, Community
Pool Features: Community, Association
Lot Information: Corner Lot, Front Yard, Near Park, Street Level
Lot Size Source: Estimated
Lot Size Acres: 0.0459
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
Location Details
Association Amenities: Clubhouse, Sport Court, Maintenance Grounds, Meeting Banquet Party Room, Barbecue, Playground, Pickleball, Pool, Pets Allowed, Recreation Room, Spa Hot Tub, Tennis Courts
Association Fee: $250
Association Fee Frequency: Monthly
Association Fee2: $183
Association Fee2 Frequency: Monthly
Community Features: Biking, Gutters, Storm Drains, Street Lights, Suburban, Park, Pool
Security Features: Carbon Monoxide Detectors, Fire Detection System, Fire Sprinkler System, Smoke Detectors
Subdivision: Agave
Middle or Junior School: Jeffrey Trail
High School: Portola
High School District: Irvine Unified
Subdivision Name: Agave
Directions: Main cross streets: Portola Springs & Borrego
Other Details
Listing Terms: Cash, CashToNewLoan, Exchange1031
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 |
|---|---|---|---|---|---|---|---|
|
10/29/2024
| |
3 Bed
|
3 Bath
|
1810 ft²
|
$1,380,000
3 Bed
3 Bath
1810 ft²
|
$1,328,000
-3.77%
03/10/2025
|
Eleanor Yung
Coldwell Banker Realty
|
|
08/14/2018
| |
3 Bed
|
3 Bath
|
1810 ft²
|
-
3 Bed
3 Bath
1810 ft²
|
-
-
|
-
|
Building Info
About Portola Springs
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Listed by: Eleanor Yung, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24222674
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24222674
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