$1,270,000
●
Condo -
Off Market
172 Borrego
Irvine, CA 92618
3 Beds
2 Baths,
1
Half Bath
1,810 Ft²
$6,857
Est. Monthly
$483
HOA / Fees
4.01%
Cap Rate
About This Property
* Premium End-unit * located in the sought-after village of Portola
Springs in Irvine. This charming beautiful home offers lots nature
light. Impeccably maintained with open floor plan concept features
laminated flooring through 1st floor. Upgraded kitchen
includes stainless appliances, large island, granite countertops,
tile backslpash and white shaker cabinets with glass doors. The
dining area seamlessly opens the Great Room with sliding door to
the front courtyard is ideal for entertainment. Upstairs features
the primary suite, 2 spacious bedrooms and hallway bathroom.
Convivence upstairs laundry space. The 2-car attached garage with
epoxy floor and overhead storage racks for extra storage.
Conveniently located with walking distance to one of Portola Spring
Community center. Nearby shopping, dining, and entertainment. This
home is also within the highly acclaimed Portola High School. Enjoy
the community many amenities include pool, spa, sport courts, BBQ,
playgrounds, and parks.
Unit Size
1,810 Ft²
Days on Market
67 days
Land Size
0.74 acres
Price per sqft
$717
Property Type
Condo
Property Taxes
-
HOA Dues
$483
Year Built
2013
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Cap Rate Calculator
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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 #PW25177084)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Price Decreased |
$1,298,000
↓ $40K
(3%) | |
| Price Decreased | |||
| Aug 8, 2025 | Listed by Coldwell Banker Platinum Prop. | $1,338,000 | |
| Listed by Coldwell Banker Platinum Prop. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), PrimarySuite
Appliances: Dishwasher, Disposal, Microwave
Flooring Type: Carpet, Laminate, Vinyl
Laundry Features: Laundry Room, Upper Level
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1810
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 2013
Levels: Two
Patio and Porch Features: Enclosed
Pool Features: Association
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 32316
Lot Size Units: Square Feet
Lot Size Acres: 0.7419
Lot Size Square Feet: 32316
Tax Lot: 4
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Sport Court, Barbecue, Playground, Pool, Spa/Hot Tub
HOA Fee: $300
HOA Fee Frequency: Monthly
Condo/Coop Fee: $183
Condo/Coop 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 |
|---|---|---|---|---|---|---|---|
|
08/08/2025
| |
3 Bed
|
2 Bath
|
1810 ft²
|
$1,338,000
3 Bed
2 Bath
1810 ft²
|
$1,270,000
-5.08%
10/15/2025
|
JOYCE LIN
RE/MAX PREMIER/SANMARINO
|
Building Info
About Portola Springs
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Listed by: Joyce Lin, Coldwell Banker Platinum Prop.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25177084
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25177084
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