26 Lakepines Irvine, CA 92620
Northwood NeighborhoodEstimated payment $4,425/month
Highlights
- Access To Lake
- Heated In Ground Pool
- No Units Above
- Santiago Hills Elementary School Rated A
- Home fronts a creek
- Community Lake
About This Home
Price Reduced! Secure day-one rental income in Irvine at just $669,000, more than $50,000 below today’s market value.
The most recent comparable sale in the community closed last year at $700,000. With a conservative appreciation of 1.73% over the last 12 months, that value is about $712,000 today. Adding this home’s extra half bath and superior upgrades brings fair market value closer to $727,000. At $669,000, you step in with instant equity.
A long-term tenant is already in place, paying $2,725/month through June 30, 2026. That means immediate income with no vacancy risk. With current market rent closer to $2,900/month, there is built-in upside when the lease renews.
This townhome offers the advantage of no neighbors above or below and the bonus of a rare fenced patio with upgrades like a retractable awning, stone pavers, and raised planter boxes. Inside, the home features a remodeled kitchen with granite countertops and stainless steel appliances, both bathrooms remodeled with plenty of storage, and elegant touches like recessed lighting, ceiling fans, crown molding, paneled wainscoting, paneled doors, two-tone paint, completely remodeled interiors, hardwood flooring, and wrought iron stair railings. Additional highlights include energy-efficient central heating and air conditioning, dual-pane windows, and a full suite of appliances: refrigerator, washer, and dryer, all of which are included in the sale.
One assigned covered carport parking space is included, with additional guest and street parking available. HOA dues cover water, sewer, trash, and exterior maintenance, making this an easy-to-manage investment.
The Lakes is a tranquil community of mature trees, streams, and walking paths, with amenities that include pools, spas, and tennis courts. Its central Irvine location is close to freeways, business hubs, shopping, and award-winning schools, making it a desirable spot for long-term rental stability.
This is an ideal fit for 1031 exchange buyers or investors seeking a turnkey, low-maintenance property with secure cash flow and appreciation potential in one of Southern California’s strongest rental markets.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 949-864-6933 License #01345167 Listed on: 07/30/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,849
Year Built
- Built in 1978 | Remodeled
Lot Details
- 764 Sq Ft Lot
- Home fronts a creek
- Home fronts a pond
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Northeast Facing Home
- Redwood Fence
- Fence is in excellent condition
- Landscaped
- Level Lot
- Back Yard
HOA Fees
Home Design
- Traditional Architecture
- Patio Home
- Entry on the 1st floor
- Planned Development
- Slab Foundation
- Composition Roof
- Wood Siding
- HardiePlank Type
- Stucco
Interior Spaces
- 1,115 Sq Ft Home
- 2-Story Property
- Crown Molding
- Wainscoting
- Ceiling Fan
- Skylights
- Recessed Lighting
- Double Pane Windows
- Awning
- Plantation Shutters
- Garden Windows
- Sliding Doors
- Panel Doors
- Formal Entry
- Family Room
- Home Office
Kitchen
- Electric Cooktop
- Free-Standing Range
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Retreat
- All Upper Level Bedrooms
- Walk-In Closet
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Home Security
Parking
- 1 Parking Space
- 1 Carport Space
- Parking Available
- Guest Parking
- Assigned Parking
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Gunite Spa
- Fence Around Pool
Outdoor Features
- Access To Lake
- Exterior Lighting
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tax Lot 26
- Tax Tract Number 9423
- Assessor Parcel Number 53014372
- $219 per year additional tax assessments
Community Details
Overview
- Front Yard Maintenance
- Master Insurance
- Lakes Master Association, Phone Number (949) 372-4029
- Powerstone Pm Association, Phone Number (949) 372-4029
- Built by Sterling Homes
- The Lakes Subdivision, Lakeside Floorplan
- Maintained Community
- Community Lake
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Building Details
- 1 Leased Unit
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- Insurance Expense $580
- Other Expense $5,844
- New Taxes Expense $7,340
- Operating Expense $6,424
- Gross Income $32,700
- Net Operating Income $26,276
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,068 | $386,870 | $306,880 | $79,990 |
| 2024 | $4,068 | $379,285 | $300,863 | $78,422 |
| 2023 | $3,962 | $371,849 | $294,964 | $76,885 |
| 2022 | $3,881 | $364,558 | $289,180 | $75,378 |
| 2021 | $3,789 | $357,410 | $283,510 | $73,900 |
| 2020 | $3,767 | $353,746 | $280,603 | $73,143 |
| 2019 | $3,754 | $346,810 | $275,101 | $71,709 |
| 2018 | $3,687 | $340,010 | $269,707 | $70,303 |
| 2017 | $3,611 | $333,344 | $264,419 | $68,925 |
| 2016 | $3,454 | $326,808 | $259,234 | $67,574 |
| 2015 | $2,420 | $236,192 | $159,656 | $76,536 |
| 2014 | $2,372 | $231,566 | $156,529 | $75,037 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Price Changed | $669,000 | -2.9% | $600 / Sq Ft |
| 07/30/2025 07/30/25 | For Sale | $688,800 | 0.0% | $618 / Sq Ft |
| 06/14/2023 06/14/23 | Rented | $2,675 | 0.0% | -- |
| 05/19/2023 05/19/23 | Under Contract | -- | -- | -- |
| 05/16/2023 05/16/23 | Off Market | $2,675 | -- | -- |
| 05/09/2023 05/09/23 | For Rent | $2,675 | 0.0% | -- |
| 02/24/2015 02/24/15 | Sold | $320,000 | +0.3% | $343 / Sq Ft |
| 01/23/2015 01/23/15 | Pending | -- | -- | -- |
| 01/14/2015 01/14/15 | For Sale | $319,000 | -- | $342 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation/Courtesy Recordi | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | Multiple | |
| Interfamily Deed Transfer | -- | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $322,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | Ticor Title Co | |
| Grant Deed | $196,000 | -- | |
| Individual Deed | -- | First American Title Ins Co | |
| Grant Deed | $132,000 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $378,000 | New Conventional | |
| Previous Owner | $376,000 | New Conventional | |
| Previous Owner | $371,000 | New Conventional | |
| Previous Owner | $371,387 | FHA | |
| Previous Owner | $75,000 | Unknown | |
| Previous Owner | $310,000 | New Conventional | |
| Previous Owner | $224,000 | New Conventional | |
| Previous Owner | $229,000 | Unknown | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Negative Amortization | |
| Previous Owner | $190,400 | FHA | |
| Previous Owner | $30,000 | Stand Alone Second | |
| Previous Owner | $30,000 | Stand Alone Second | |
| Previous Owner | $131,123 | FHA | |
| Closed | $5,880 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25170248
APN: 530-143-72
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