$549,900
↓ $25K (4.4%)
●
Condo -
For Sale
324 Tangelo
Irvine, CA 92618
2 Beds
1 Bath
868 Ft²
$3,299
Est. Monthly
$598
HOA / Fees
About This Property
Single-level, ground-floor 2-bedroom condo located in the highly
desirable Orangetree Condominium Association in Irvine. This home
features tranquil pond and stream views, a remodeled kitchen and
bathroom, and an open layout designed for comfort. Community
amenities include two pools, two spas, clubhouse, fitness center,
playground (Tot Lot), tennis courts, basketball courts, and
landscaped grounds with water features. HOA dues cover water,
trash, and exterior property maintenance. Conveniently located near
Irvine Valley College, UC Irvine, top-rated medical centers, Irvine
Spectrum, shopping, dining, and Southern California beaches.
Situated within the award-winning Irvine Unified School District.
Unit Size
868 Ft²
Days on Market
83 days
Land Size
5.14 acres
Price per sqft
$634
Property Type
Condo
Property Taxes
-
HOA Dues
$598
Year Built
-
Listed By
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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 months ago (CRMLS #OC26167609)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2026 | Price Decreased |
$549,900
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Aug 1, 2026 | Listed by Regency Real Estate Brokers | $575,000 | |
| Listed by Regency Real Estate Brokers | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
With View
Parking Details
Has Carport
Parking Features: Assigned
Interior Details
Full Bathrooms: 1
Interior Features: AllBedroomsDown
Laundry Features: Inside
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 868
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1977
Levels: One
Pool Features: Association
Lot Size Area: 223917
Lot Size Units: Square Feet
Lot Size Acres: 5.1404
Lot Size Square Feet: 223917
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool
HOA Fee: $568
HOA Fee Frequency: Monthly
Condo/Coop Fee: $30
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 |
|---|---|---|---|---|---|---|---|
|
11/23/2021
|
2 Bed
|
2 Bath
|
868 ft²
|
$499,900
2 Bed
2 Bath
868 ft²
|
-
-
|
Henry Westbrooks
eXp Realty of California Inc
| |
|
04/18/2021
|
2 Bed
|
1 Bath
|
868 ft²
|
$489,000
2 Bed
1 Bath
868 ft²
|
-
-
|
-
|
Building Info
About Oak Creek
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Listed by: Jin Ro, Regency Real Estate Brokers
Last Updated: 2 months ago
Data Source: CRMLS, MLS# OC26167609
Last Updated: 2 months ago
Data Source: CRMLS, MLS# OC26167609
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