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229 Radial, Irvine, California 92618, Irvine, 92618 - 3 bed, 3 bath

229 Radial, Irvine, California 92618 home-pic-0
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
$792
HOA
$240
Days on market
-
Sold On
-
MLS number
WS25121823
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.59M(68th), sqft - 2013(50th), beds - 3(50th), baths - 3(50th).

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-6•1.2mi
7/10
Cypress Village Elementary
Public,•K-6•3.7mi
7/10
Rancho Canada Elementary School
Public,•K-6•3.8mi
9/10
Jeffrey Trail Middle
Public,•7-8•1.8mi
6/10
Serrano Intermediate School
Public,•7-8•4.3mi
9/10
Northwood High School
Public,•9-12•3.0mi
9/10
Irvine High School
Public,•9-12•3.1mi
7/10
El Toro High School
Public,•9-12•4.4mi
Condition Rating
Excellent
Built in 2016, this property is nearly new construction, falling well within the 'excellent' category's 10-year age criterion. The description highlights a 'modern' and 'designer interior' with a 'quartz-topped gourmet kitchen' and a 'luxurious primary suite' featuring dual vanities and an oversized walk-in shower. The images confirm a contemporary aesthetic with high-quality, virtually new finishes, including light wood-look flooring, recessed lighting, and modern bathroom fixtures. There are no signs of wear, tear, or outdated components, indicating a property in pristine, move-in ready condition.
Pros & Cons

Pros

Great Schools: Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
Strong Investment Opportunity: The property offers proven rental income with a high-credit tenant, immediate cash flow, and strong long-term appreciation potential, further enhanced by being priced below nearby comparable properties.
Prime Location & Top-Rated Schools: Situated in a 'blue-chip neighborhood' of Irvine, it is zoned for award-winning Irvine USD schools and provides convenient access to the Irvine Spectrum Center, major freeways, and employment hubs.
Modern & Well-Appointed Interior: Features a modern two-story design with a double-height great room, walls of windows, a gourmet kitchen with quartz countertops and a walk-in pantry, and a luxurious primary suite.
Extensive Community Amenities: Residents benefit from access to Great Park amenities including a clubhouse, heated pools, spas, sports courts, playgrounds, and shady picnic lawns, significantly enhancing the lifestyle.
Newer Construction & Detached Design: Built in 2016, the property offers modern construction standards and, as a 'detached condo-home,' provides more privacy than traditional attached condominium units.

Cons

Ongoing Homeowners Association (HOA) Fees: A monthly association fee of $240 is an additional recurring cost of ownership that potential buyers must factor into their budget.
Condominium Ownership Limitations: Despite being a detached unit, its condominium status implies shared ownership of common areas and potential restrictions on exterior modifications, which may not appeal to buyers seeking full single-family home autonomy and private land ownership.
Lack of Specific Views: The property explicitly states 'None' for views, which could be a minor detractor for some buyers seeking scenic outlooks in a desirable area.

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