45 Tangerine
About This Property
Step through the custom double-panel entry door into a warm and inviting space featuring a comfortable living room, open dining area, main-floor primary suite, and a remodeled kitchen with a breakfast bar and nook. The open-concept kitchen showcases granite countertops, glass-front cabinets, and stainless-steel appliances including a double oven, dishwasher, microwave, refrigerator, wine cooler, and water purifier.
Upstairs, you'll find a second primary suite and a third bedroom-both with access to a shared private balcony, perfect for enjoying a quiet morning coffee or a peaceful evening breeze.
The main-level primary bathroom features new fixtures, while the upstairs suite boasts a travertine-surround shower, recessed lighting, and a new vanity mirror and lighting.
The home is tastefully upgraded throughout with tile flooring downstairs, wood laminate flooring upstairs, crown molding, baseboards, and decorative interior columns that add character and charm. Recent improvements include fresh interior and exterior paint, recessed lighting, new light fixtures, ceiling fan, new window coverings, and updated exterior lighting in both the front and back.
Additional highlights include a 2-car attached garage with fresh paint, new epoxy flooring, and custom built-in cabinetry. The new landscaped front yard features a drip irrigation system, a gated side area perfect for RV or third-car parking, and a gated storage space.
Enjoy access to fantastic community amenities just a short walk away, including 2 pools, jacuzzi, clubhouse, fitness center, lighted tennis and pickleball court, and playground. With low HOA dues of $228/month, no Mello Roos, and a location within walking distance to Irvine Valley College, with easy access to UCI, the 5, and 405 Freeways, this is a rare opportunity to own a move-in-ready home in the heart of Irvine!
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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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | Price Decreased |
$1,088,000
↓ $82K
(7%) | |
| Price Decreased | |||
| Aug 16, 2025 | Relisted | $1,170,000 | |
| Relisted | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Jun 29, 2025 | Listed by CENTURY 21 Affiliated | $1,170,000 | |
| Listed by CENTURY 21 Affiliated | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017