$643,000
●
Condo -
Off Market
405 Trailblaze
Irvine, CA 92618
2 Beds
1 Bath
1,240 Ft²
$947,226
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
PRICE REDUCED TO $624,888. BACK ON THE MARKET.Welcome to "The Vine"
in prestigious Village of Portola Springs.GROUND FLOOR...1 level,
flat...NO STEPS....Fantastic Quiet Location...ENORMOUS "Great
Room".....UPGRADES Galore....$50,000 in upgrades...Gourmet...Gas
Kitchen.....Quartz counter tops...Custom back splashes...."Farm
Style" kitchen sink....Euro Faucet...Upgraded Maytag
Appliances....Microwave....Self cleaning oven...Butler's
Pantry...Quartz counter top and back splashes....Pull out
drawers...Recessed lights..Sound speakers..Low Maintenance custom
floors..Plantations Shutters thru out...2 huge bedrooms and 2
bathrooms with Quartz counter tops....Master suite with Custom
stall shower...Mirrored door on Walk-In Customized closet with
organizers... Master suite has a custom made chest of drawers
($7000) to match the rest of the wood cabinetry in the kitchen and
bathrooms...two (2) vanities in the master bathroom..Ceiling
fan...Water closet has a a pocket door..Second bedroom has closet
organizers including a double bar..Enclosed front patio was
professionally landscaped..2 car att.garage.Portola Springs has
Country club resort-like facilities with walking distance to two
(2) pools and parks...multiple pools,lap to wading pools, spa,tot
lots,tennis courts. sport courts,BBQ's picnic areas. walking
trails, and more..IUSD award winning schools+Irvine Valley College
& UCI close by.Award winning shopping So. Coast Plaza, NB, Lag.
Bch. Half way between LA & SD.California Lifestyle
Unit Size
1,240 Ft²
Days on Market
67 days
Land Size
0.03 acres
Price per sqft
$504
Property Type
Condo
Property Taxes
-
HOA Dues
$296
Year Built
2016
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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: 4 months ago (CRMLS #OC18076410)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2018 | Sold | ||
| Sold | |||
| Apr 5, 2018 | Listed by First Team Real Estate | $624,888 | |
| Listed by First Team Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage, Garage Door Opener, Garage Faces Rear, Side By Side, DrivewayLevel, DoorSingle
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Recessed Lighting, See Remarks, Wired for Data, Walk-In Closet(s), CountryKitchen, Unfurnished, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary, MultiplePrimarySuites, PrimarySuite, UtilityRoom, WalkInPantry
Appliances: Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Oven, Ice Maker, Microwave, Self Cleaning Oven, Tankless Water Heater, WaterToRefrigerator
Flooring Type: See Remarks, Tile
Laundry Features: Washer Hookup, Inside, Laundry Room
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1240
Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), FireDetectionSystem
Property Condition: Turnkey
Architectural Style: Contemporary
Year Built Source: Assessor
Year Built: 2016
Builder Name: William Lyon
Builder Model: 2
Levels: One
Window Features: Shutters
Construction Materials: Concrete, Stucco
Patio and Porch Features: Enclosed, Front Porch, Patio
Pool Features: Community, In Ground, Association
Lot Features: Cul-De-Sac, Front Yard, Garden, Greenbelt, ZeroToOneUnitAcre, Yard
Lot Size Area: 1300
Lot Size Units: Square Feet
Lot Size Acres: 0.03
Lot Size Square Feet: 1300
Tax Lot: 3
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : SewerTapPaid
Location Details
HOA/Condo/Coop Amenities: Sport Court, Maintenance Grounds, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s), OutdoorCookingArea
HOA Fee: $134
HOA Fee Frequency: Monthly
Condo/Coop Fee: $162
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 |
|---|---|---|---|---|---|---|---|
|
04/05/2018
| |
2 Bed
|
1 Bath
|
1240 ft²
|
$624,888
2 Bed
1 Bath
1240 ft²
|
$643,000
+2.90%
06/15/2018
|
Adrienne Oranges
First Team Real Estate
|
Building Info
About Portola Springs
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Listed by: Adrienne Oranges, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18076410
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC18076410
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