WOW FACTOR FROM THE MOMENT YOU WALK IN! A dramatic 2-story wall of
windows, soaring ceilings and an incredibly private landscaped
patio with a tiered fountain make 37 Del Cambrea stand out. Located
in Positano within Westpark II, this 3-bedroom, 2.5-bath home
offers 1,706 square feet plus an attached 2-car garage with direct
access, LOW HOA AND NO MELLO-ROOS. Step through the covered entry
into the living and dining room, where nearly floor-to-ceiling
windows fill the space with natural light and frame greenery. An
open staircase and upper landing overlook the living area, adding
to the sense of space. The interior has been freshly painted, with
new carpet in the living room and primary bedroom. The family room
features a fireplace, built-in shelving and cabinetry, travertine
tile flooring and sliding doors to the patio. The adjoining kitchen
offers raised-panel wood cabinetry, white tile counters and
backsplash, center island, gas cooktop, stainless steel appliances
and a bright breakfast area. THE BACKYARD IS A REAL SURPRISE. The
private hardscaped patio wraps along the side of the home and is
surrounded by mature hedges and established landscaping. A large
tiered fountain creates a beautiful focal point, while a separate
circular seating area with curved benches provides another place to
relax or entertain. The built-in barbecue is connected to a
dedicated gas line, so no propane tanks to refill. Upstairs, the
primary suite features a tray ceiling, walk-in closet and bath with
dual sinks, soaking tub and separate glass-enclosed shower. Both
secondary bedrooms and the upstairs landing have hardwood flooring,
with a full hall bath and built-in cabinetry completing the second
level. A MAJOR BONUS is the HVAC upgrade, representing an
investment of more than $20K. A Trane 4-ton HVAC system and new air
distribution system were recently installed, plus Lennox Healthy
Climate UV and MERV 16 filtration. The remaining warranty is
transferable to the new buyer. The garage offers built-in
cabinetry, wall shelving, overhead storage racks, laundry area and
brand-new epoxy flooring. Enjoy Westpark Community Park, pool, spa
and tennis courts just minutes away, along with nearby shopping,
dining, entertainment and convenient freeway and toll-road access.
Located within the award-winning Irvine Unified School District.
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.
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