Listed by: Leon Li, Harvest Realty Development
$1,670,000
●
Condo -
Off Market
255 Rodeo
Irvine, CA 92602
3 Beds
3 Baths,
1
Half Bath
1,772 Ft²
$8,851
Est. Monthly
$405
HOA / Fees
3.10%
Cap Rate
About This Property
Welcome to the charming community of Orchard Hills! This exquisite
Vista Scena, Residence 2 model features 3 bedrooms, a loft, 2.5
baths, and 1,772 sq. ft. of living space. Upon entering, you'll be
greeted by an open floor plan, brand-new vinyl floors, high
ceilings, and abundant windows that brighten the spacious great
room. The entertainer's kitchen boasts a large island with ample
counter space, granite countertops, stainless steel appliances, and
cabinetry.
Upstairs, you'll find a versatile loft ideal for a bonus area or home office. The generously sized primary bedroom includes an en-suite bathroom with dual sinks and a walk-in closet. The convenient upstairs laundry room adds to the functionality of this home. All bedrooms up. Only the garage has a shared wall with the neighbor's garage.
Enjoy a private yard for BBQs or unwind in the shade of the trellis. Orchard Hills offers resort-style amenities, including a beautiful clubhouse, swimming pool, spa, BBQ area, basketball court, and playgrounds. With easy access to excellent schools, shopping, and dining, this home is perfect for those seeking comfort and convenience.
Upstairs, you'll find a versatile loft ideal for a bonus area or home office. The generously sized primary bedroom includes an en-suite bathroom with dual sinks and a walk-in closet. The convenient upstairs laundry room adds to the functionality of this home. All bedrooms up. Only the garage has a shared wall with the neighbor's garage.
Enjoy a private yard for BBQs or unwind in the shade of the trellis. Orchard Hills offers resort-style amenities, including a beautiful clubhouse, swimming pool, spa, BBQ area, basketball court, and playgrounds. With easy access to excellent schools, shopping, and dining, this home is perfect for those seeking comfort and convenience.
Unit Size
1,772 Ft²
Days on Market
124 days
Land Size
-
Price per sqft
$971
Property Type
Condo
Property Taxes
-
HOA Dues
$405
Year Built
2015
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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 #OC24220155)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by Harvest Realty Development | $1,720,000 | |
| Listed by Harvest Realty Development | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Door Single, Garage Faces Front, Garage
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
Bathrooms on Main Level: 1
Levels: Two
Interior Features: Built In Features, Open Floorplan, Recessed Lighting, All Bedrooms Up
Appliances: Built In Range, Convection Oven, Dishwasher, Energy Star Qualified Appliances, Energy Star Qualified Water Heater, Exhaust Fan, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Dryer, Washer
Flooring Type: Vinyl
Living Area Square Feet Source: Assessor
Laundry Features: Washer Hookup, Gas Dryer Hookup, Laundry Room, Upper Level
None
Exterior Details
Year Built: 2016
Parcel Number: 93822788
Home Type: Residential
Structure Type: House
Window Features: Screens
Spa Features: Association, Community
Pool Features: Community, Association
Lot Size Source: PublicRecords
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air, Dual
Heating Type: Central, Forced Air
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location Details
Association Amenities: Fire Pit, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pool, Spa Hot Tub
Association Fee: $209
Association Fee Frequency: Monthly
Association Fee2: $196
Association Fee2 Frequency: Monthly
Community Features: Curbs, Hiking, Park, Storm Drains, Street Lights, Urban, Pool
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Subdivision: Vista Scena (OHVIS)
High School District: Irvine Unified
Subdivision Name: Vista Scena (OHVIS)
Directions: Portola Pkwy, turn left onto Culver Dr/Orchard hills, turn right onto Narrow Path, Turn right onto Twisted Oak, turn left onto Rodeo.
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 |
|---|---|---|---|---|---|---|---|
|
10/23/2024
| |
3 Bed
|
3 Bath
|
1772 ft²
|
$1,720,000
3 Bed
3 Bath
1772 ft²
|
$1,670,000
-2.91%
02/24/2025
|
Leon Li
Mcsen Realty Corp.
|
Building Info
About Orchard Hills
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Listed by: Leon Li, Harvest Realty Development
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24220155
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24220155
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