Listed by: Cynthia Dillman, Cynthia Dillman, Broker
$763,000
●
Condo -
Off Market
85 Oval Road #3
Irvine, CA 92604
2 Beds
2 Baths
1,078 Ft²
$4,304
Est. Monthly
$380
HOA / Fees
4.69%
Cap Rate
About This Property
PRICE REDUCTION! 2-story condo/Townhouse in the heart of Irvine.
Laminate wood flooring downstairs. 1 CAR GARAGE ACCESS INTO THE
HOME. Washer/Dryer, Refrigerator included. Two Bedrooms upstairs
that share a bathroom (one full bath-shower plus tub). One bath
with shower downstairs. The Primary Bedroom has additional
space (an Alcove) which can be used as an office. The property has
an oversized Patio which adds value. THE garage has an
extra storage space. The community facilities include a pool,
sports court, Tot lot, and park plus BBQ areas. Near schools shops
and restaurants. Located in the highly acclaimed Irvine
School District.
HOA pays for water and Trash. No Mello Roos. Easy access to both freeways 5 and the 405, also near to IVC. John Wayne Airport 10 minutes away.
Head to the beach in 25 minutes. LOCATION, LOCATION LOCATION. LOW ASSOCIATION WHICH INCLUDES WATER AND TRASH.
Property is staged
LOWEST PRICE HOME WITH AN ATTACHED GARAGE IN IRVINE! ITS A GREAT FEATURE TO BE ABLE TO WALK INTO YOU HOME FROM THE GARAGE.
HOA pays for water and Trash. No Mello Roos. Easy access to both freeways 5 and the 405, also near to IVC. John Wayne Airport 10 minutes away.
Head to the beach in 25 minutes. LOCATION, LOCATION LOCATION. LOW ASSOCIATION WHICH INCLUDES WATER AND TRASH.
Property is staged
LOWEST PRICE HOME WITH AN ATTACHED GARAGE IN IRVINE! ITS A GREAT FEATURE TO BE ABLE TO WALK INTO YOU HOME FROM THE GARAGE.
Unit Size
1,078 Ft²
Days on Market
140 days
Land Size
-
Price per sqft
$741
Property Type
Condo
Property Taxes
-
HOA Dues
$380
Year Built
-
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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: 2 years ago (CRMLS #OC24152947)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Price Decreased |
$799,000
↓ $6K
(0.8%) | |
| Price Decreased | |||
| Nov 11, 2024 | Price Decreased |
$805,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Oct 17, 2024 | Price Decreased |
$825,000
↓ $14K
(1.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Door Single, Garage, Garage Faces Rear
Garage Spaces: 1
Garage Spaces: 1
Has Attached Garage: Yes
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 2
Bedrooms on Main Level: 2
Full Bathrooms: 2
Bathrooms on Main Level: 1
Levels: Two
Interior Features: Ceiling Fans, Eat In Kitchen, Granite Counters, High Ceilings, All Bedrooms Down
Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
Flooring Type: Carpet, Laminate
Living Area Square Feet Source: Assessor
Laundry Features: Inside, Laundry Closet
None
Exterior Details
Year Built: 1972
Parcel Number: 93240039
Home Type: Residential
Structure Type: House
Architectural Style: Contemporary
Outdoor Living Structures: Concrete, Enclosed
Spa Features: Association, Community
Pool Features: Community, Association
Lot Size Source: Assessor
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Utilities: Sewer Connected, Water Available
Location Details
Association Amenities: Sport Court, Maintenance Front Yard, Outdoor Cooking Area, Barbecue, Picnic Area, Pool, Spa Hot Tub, Trash, Water
Association Fee: $380
Association Fee Frequency: Monthly
Community Features: Curbs, Park, Storm Drains, Street Lights, Pool
Subdivision: Walnut Square (WS)
High School District: Irvine Unified
Subdivision Name: Walnut Square (WS)
Directions: From Jeffrey or Culver/Walnut Cross Street: Walnut and Kazen, first left is Opal, property on the left side
Other Details
Listing Terms: CashToNewLoan
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 |
|---|---|---|---|---|---|---|---|
|
07/24/2024
|
2 Bed
|
2 Bath
|
1078 ft²
|
$899,000
2 Bed
2 Bath
1078 ft²
|
$763,000
-15.13%
12/30/2024
|
Cynthia Dillman
Realty One Group West
|
Building Info
About El Camino Real
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Listed by: Cynthia Dillman, Cynthia Dillman, Broker
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24152947
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24152947
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