Listed by: Dan Jin, Realty One Group West
$1,880,000
●
Condo -
Off Market
46 Cipresso
Irvine, CA 92603
3 Beds
3 Baths,
1
Half Bath
1,830 Ft²
$10,048
Est. Monthly
$325
HOA / Fees
2.57%
Cap Rate
About This Property
Nestled within the gated community of Laguna Altura, this San Remo
Residence 1 "Tuscan" blends modern comfort with classic charm. The
home is designed meticulously, offering 3 bedrooms, 2.5 bathrooms,
and 1,830 sq. ft. Maple Cappuccino distressed hardwood flooring and
custom plantation shutters. A gourmet kitchen with Santa Cecilia
stone countertops, full backsplash, and Whirlpool stainless steel
appliances.A spacious Great Room with built-in surround sound,
crown molding, and recessed lighting. A private backyard with
elegant hardscape and lush landscaping. Located in the
award-winning Irvine Unified School District, this home offers
exclusive amenities and is minutes from the Irvine Spectrum Center,
Quail Hill, and Laguna Beach.
Discover a lifestyle where sophistication meets serenity.
Discover a lifestyle where sophistication meets serenity.
Unit Size
1,830 Ft²
Days on Market
44 days
Land Size
0.07 acres
Price per sqft
$1,082
Property Type
Condo
Property Taxes
-
HOA Dues
$325
Year Built
2011
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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 years ago (CRMLS #OC25014467)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Dec 25, 2024 | Listed by Realty One Group West | $1,980,000 | |
| Listed by Realty One Group West | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Bathrooms on Main Level: 1
Levels: Two
Interior Features: All Bedrooms Up
Flooring Type: Wood
Laundry Features: Laundry Room
None
Exterior Details
Year Built: 2012
Parcel Number: 93402220
Home Type: Residential
Structure Type: House
Builder Name: Irvine Pacific
Roof: Tile
Spa Features: Community
Pool Features: Community
Lot Information: Zero To One Unit Acre
Lot Size Source: Builder
Lot Size Acres: 0.0691
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Sewer Available, Water Available
Location Details
Association Amenities: Clubhouse, Barbecue
Association Fee: $325
Association Fee Frequency: Monthly
Community Features: Park, Pool
Security Features: Gated With Guard
Subdivision: other
High School: University
High School District: Irvine Unified
Subdivision Name: other
Directions: From 405 or 5 toward 133 south, left laguna canyon road cross streets
Other Details
Listing Terms: Cash, Conventional, Contract, Exchange1031
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 |
|---|---|---|---|---|---|---|---|
|
12/25/2024
| |
3 Bed
|
3 Bath
|
1830 ft²
|
$1,980,000
3 Bed
3 Bath
1830 ft²
|
$1,880,000
-5.05%
03/06/2025
|
Dan Jin
International Home Realty
|
Building Info
About Laguna Altura
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Listed by: Dan Jin, Realty One Group West
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25014467
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25014467
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