29 Cerrito
About This Property
Nestled on a private cul-de-sac location, this rare gem provides unparalleled privacy and tranquility in one of Irvine's most prestigious neighborhoods. The spacious large master suite is a true retreat, complemented by two expansive patio decks ideal for soaking in those stunning panoramic views, entertaining, or simply unwinding in the California sunshine. Additional highlights include a generous large 2-car garage for convenient parking and storage, plus the low-maintenance condo lifestyle with HOA-covered amenities such as community pools, spas, and beautifully landscaped grounds.
This premier penthouse model features no one above for complete privacy, with all living on one level. Enjoy spectacular sunset, hill, tree, and park views from multiple vantage points in this tree-lined, private cul-de-sac setting. Zoned for award-winning Irvine Unified School District, including top-rated University High School, Rancho San Joaquin Middle and Elementary, the property is ideally located near UCI, the Irvine Spectrum, Fashion Island, beaches, and major freeways.
Whether seeking luxury, incredible views, and convenience in a peaceful, established enclave, this extraordinary penthouse delivers Irvine living at its finest. Don't miss this rare opportunity-schedule your private showing today!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by Alta Realty Group CA, Inc | $899,000 | |
| Listed by Alta Realty Group CA, Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/15/2026
| |
3 Bed
|
2 Bath
|
1466 ft²
|
$899,000
3 Bed
2 Bath
1466 ft²
|
$955,000
+6.23%
02/13/2026
|
Megan Bixler
HOMZ
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017