Azalea: New Low Cost or Investment Homes for Cypress Village

Income is not the whole story.
Regardless of what you believe, there is a strong market for $4k rentals in Irvine.
 
bones said:
Income is not the whole story.
Regardless of what you believe, there is a strong market for $4k rentals in Irvine.
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would love to see data points on 4k rentals and how it compares to rentals < 4k. Occupancy rate, # of rentals, etc.
 
This is it folks. The last 3 model homes are available. The pricing is amusing.  ;D

 

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The California Court Company said:
the pricing looks alright; what?s the reasonable price you are thinking?


irviniteeee said:
This is it folks. The last 3 model homes are available. The pricing is amusing.  ;D
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Click to expand...

Maybe in this market sure. In general, NO. These were in the 600s. 3 story 2 bedroom townhome with a tandem garage for 1M?? no.
 
irviniteeee said:
The California Court Company said:
the pricing looks alright; what?s the reasonable price you are thinking?


irviniteeee said:
This is it folks. The last 3 model homes are available. The pricing is amusing.  ;D
Click to expand...
Click to expand...

Maybe in this market sure. In general, NO. These were in the 600s. 3 story 2 bedroom townhome with a tandem garage for 1M?? no.
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Not a NO, a HELL NO!  I'll be listing a Northwood 2-story SFR with a driveway and a 2-car garage for $1m in a few weeks.
 
I'm still salty about this neighborhood. I was probably top 3 on the priority list but they didn't give me a shot to purchase early because they were prioritizing non-investor purchases first. I was going to make some huge equity gains if I got in on Phase 1-3.
 
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