High end is almost selling at peak price as well. http://www.redfin.com/CA/Irvine/23-Trumpet-Vine-92603/home/5901271http://www.redfin.com/CA/Irvine/21-Highpoint-92603/home/5900893
Both properties ask for $2.6M and go pending quickly.
Good find! It's amazing that we will have two Walmart stores in Irvine while many other cities refuse to approve any Walmart stores or even kick them out.
Yes, the market is good and westpark houses are selling at 2005 price. Listed at $729k and the seller may take offers at $710k. The comps are selling around that price...
8 Blackbird is kind of special. It was second lien foreclosure. The loan was held by a small mortgage company. The mortgage company is not willing to take losses. It seems the house is rented out and the company is waiting for the price to recover.
I will buy two 4-plex in Santa Ana or Anaheim. The net rental income will be more than $6k per month, 7% return plus potential for appreciation. Alternatively, I may buy five SFR in Corona, higher return with lower potential for appreciation.
The Irvine Community Land Trust (ICLThttp://www.irvineclt.org/) is an organization, established in 2006 by the City of Irvine, dedicated to providing affordable housing opportunities for the community and region. The ICLT develops and preserves both rental and ownership units.
It paid all cash...
Check the following listing:http://www.redfin.com/CA/Irvine/11-Columbus-92620/home/4795244
The lot size from the description is 7000SF. At the bottom, the public record for the lot size is only 5250SF, a huge difference.
Are you a troll for Irvine company? The news is only for University High and is not related to Laguna Altura in particular. You are just promoting TIC with the news.
I would pick SFR 16 Bragg over detached condo 88 Twin Gales without any doubt as 16 Bragg is at the end of a big cul-de-sac street and cost almost $600 less per month. You also need to consider land value. In 10 years, 88 Twin Gales will become just another dated condo and lose value fast as...