$1,150,000
●
Condo -
Off Market
29 Cedarlake #53
Irvine, CA 92614
2 Beds
2 Baths
1,484 Ft²
$6,043
Est. Monthly
$396
HOA / Fees
3.06%
Cap Rate
About This Property
Welcome home to this charming 3 bedroom, 2 bath residence tucked
into the quiet, sought-after Woodbridge neighborhood. Spanning
approximately 1,568 sq ft, this home blends comfortable living with
convenience.
Step inside to a bright living room with vaulted ceilings and seamless access to a tranquil atrium, a perfect spot to unwind or entertain. The kitchen and dining areas overlook this serene greenery, creating a pleasant indoor-outdoor flow.
The generous primary suite features a private bath and walk-in closet, while two additional bedrooms offer flexibility for family, guests, or a home office. Laundry is included in the unit for added ease.
Parking is simple with a two-car garage that includes ample storage.
The location is a major plus: within walking distance of South Lake and the lagoon, parks, pools, tennis courts, and top-rated schools including Springbrook Elementary, South Lake Middle, and Woodbridge High. Shopping, dining, and other amenities are just minutes away.
This is more than just a home, it's a lifestyle in one of Irvine's most desirable communities.
Step inside to a bright living room with vaulted ceilings and seamless access to a tranquil atrium, a perfect spot to unwind or entertain. The kitchen and dining areas overlook this serene greenery, creating a pleasant indoor-outdoor flow.
The generous primary suite features a private bath and walk-in closet, while two additional bedrooms offer flexibility for family, guests, or a home office. Laundry is included in the unit for added ease.
Parking is simple with a two-car garage that includes ample storage.
The location is a major plus: within walking distance of South Lake and the lagoon, parks, pools, tennis courts, and top-rated schools including Springbrook Elementary, South Lake Middle, and Woodbridge High. Shopping, dining, and other amenities are just minutes away.
This is more than just a home, it's a lifestyle in one of Irvine's most desirable communities.
Unit Size
1,484 Ft²
Days on Market
-
Land Size
-
Price per sqft
$775
Property Type
Condo
Property Taxes
-
HOA Dues
$396
Year Built
-
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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 #OC25226363)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Aug 11, 2025 | Listed by Compass | $1,150,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Atrium, BedroomOnMainLevel, UtilityRoom
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Living Room, Wood Burning
Exterior Details
Has Property Attached
Square Footage: 1484
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1984
Levels: One
Pool Features: Association
Tax Lot: 8
Water Source: Public
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool
HOA Fee: $396
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 |
|---|---|---|---|---|---|---|---|
|
11/10/2025
| |
3 Bed
|
2 Bath
|
1546 ft²
|
$1,500,000
3 Bed
2 Bath
1546 ft²
|
$1,470,000
-2.00%
12/15/2025
|
Richard Bowen
Century 21 Citrus Realty
|
|
08/11/2025
|
2 Bed
|
2 Bath
|
1484 ft²
|
$1,150,000
2 Bed
2 Bath
1484 ft²
|
$1,150,000
09/12/2025
|
Michael Hahn
RealiFi Realty, Inc.
|
Building Info
About Woodbridge
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Listed by: Michael Hahn, Compass
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25226363
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25226363
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