229 Radial, Irvine, California 92618, Irvine, - bed, bath

home-pic
ACTIVE$1,595,000
229 Radial, Irvine, California 92618
3Beds
3Baths
2,013Sqft
224,616Lot
Year Built
2016
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
-
HOA
$240
Days on market
-
Sold On
-
MLS number
WS25121823
Home ConditionGood
Features
View-

About this home

Stop Searching and Start Earning. Priced Below Nearby Comps, This Modern Two-Story Detached Condo-Home Delivers The Trifecta Every Investor Wants: Proven Rental Income, High Credit Tenant, And Long-Term Appreciation Potential In One Of Irvine’s Fastest-Growing Enclaves. Built-in Cash Flow From Day One – A Responsible Tenant With 789 FICO Pays Rent On Time Each Month, Giving You Immediate, Worry-Free Returns. Strong Fundamentals – Three bedrooms, 2.5 baths, and 2,013 SQFT of Bright, Open Living Space Attract Premium Renters Year After Year. Designer interior – Double-height great room, walls of windows, quartz-topped gourmet kitchen with walk-in pantry, and a center island that seats four. Primary suite retreat – Dual vanities, oversized walk-in shower, and a generous walk-in closet add luxury appeal. Community lifestyle – Great Park amenities include clubhouse, heated pools, spas, sports courts, playgrounds, and shady picnic lawns. Location leverage – Zoned for award-winning Irvine USD schools and minutes to the Irvine Spectrum Center, major freeways, and employment hubs. Whether You’re Building Your Portfolio Or Completing A 1031 Exchange, This Property Checks Every Box: Below-Market Acquisition Price, Blue-Chip Neighborhood, And Dependable Rental Stream. Secure It Now And Collect Premium Rent From The Moment Escrow Closes.

Nearby schools

9/10
Portola Springs Elementary
Public,K-61.2mi
7/10
Cypress Village Elementary
Public,K-63.7mi
7/10
Rancho Canada Elementary School
Public,K-63.8mi
9/10
Jeffrey Trail Middle
Public,7-81.8mi
6/10
Serrano Intermediate School
Public,7-84.3mi
9/10
Northwood High School
Public,9-123.0mi
9/10
Irvine High School
Public,9-123.1mi
7/10
El Toro High School
Public,9-124.4mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (228 Listings)
Beds33
50%
Baths33
50%
Square foot2,0131,987
53%
Lot Size224,616108,900,000
48%
Price$1.59M$1.39M
69%
Price per square foot$792$711
74%
Built year20162020
26%
HOA$240$260
42%
Days on market155175
43%
Condition Rating
Good

The property was built in 2016, which is within the 'good' condition range. The description mentions a 'quartz-topped gourmet kitchen' and 'primary suite retreat' with 'dual vanities' and an 'oversized walk-in shower,' suggesting modern features and well-maintained spaces. The images confirm a modern design with updated finishes in the kitchen and bathrooms. No immediate renovations appear necessary.
Pros & Cons

Pros

Investment Opportunity: Priced below comps with built-in cash flow from a responsible tenant, offering immediate returns.
Strong Rental Fundamentals: Three bedrooms, 2.5 baths, and 2,013 sqft attract premium renters consistently.
Modern Interior: Features a double-height great room, walls of windows, and a quartz-topped gourmet kitchen.
Community Amenities: Access to Great Park amenities including clubhouse, pools, sports courts, and playgrounds.
Excellent Location: Zoned for award-winning Irvine USD schools and close to Irvine Spectrum Center and major freeways.

Cons

Association Fees: Monthly association fees of $240 add to the overall cost of ownership.
Limited View: The property has 'None' view, which might be a drawback for some buyers.
Condominium: The property is a condominium, which may have restrictions compared to a single-family home.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State