Best places to rent in Irvine.

NEW -> Contingent Buyer Assistance Program
J

Justin-_IHB

New member
What are some good places to rent in Irvine? Specifically , one bedroom (mediterranean themed is always a plus) Non-IAC or IAC.





I'm looking to move in a couple of months depending on new job opportunity, ideal location between 405 exits macaurthur all the way to jeffery.





Oh and cheap! Hopefully around $1400.








Any input is appreciated.


Thanks in advance.
 
<p>Justin,</p>

<p>I found a cool place for you by the Tustin Market place in Tustin Ranch.</p>

<p>The address is 28 Kellers #265,230, and 222. Asking price $1,400. You can look them up on <a href="http://www.homeseekers.com">www.homeseekers.com</a> then contact the listing agent direct.</p>

<p>You also can try 142 Lemon grass in Irvine 92618 for $1,275</p>

<p>or 81 Elksford 92604 for $1,500.</p>
 
I wasn't able to locate any of those.





Are they individual apartment complexes?


Homeseekers is frustratingly slow and useless.
 
<p>Getting to the 405 from Tustin Ranch in the morning is a PAIN. You'd have to drive down Jamboree for about 7 miles and it's traffic, stop and go, the whole way down. You could also go 5 to the 55 to the 405, but to me, that's a backtracking. You're going north, then south, and it'll take you the same amount of time. </p>

<p>You'd be better living right off the 405 if that's where you need to be. Oak Glen is off Alton. Last time I checked, they had a >750sqft place for about 1450. Also, living off Sand Canyon ain't bad. Less lights and less traffic. It's close to 5 AND 405. </p>

<p>Also, gotta look for the move-in specials, plus use rent.com and/or mynewplace.com as the referrer. They will send you a $100 or $125 referral bonus. For me, I had a $1200 off move-in plus $225 in referral bonus. That's how we justified paying $1570 for a 1bedroom.... averages out to be 1450/month after the specials. plus, it was brand new.</p>
 
I liked Oak Glen, although the sub $1500 dollar 1 bedrooms are usually the 600 sqft variety. So the move in special is accredited to the life of the lease?





I like Sand Canyon, a lot quieter than Jamboree area or University/Campus.





How does income qualification work for renting, I mean specifcally debt to income ratio, mine would be fairly high, above 30% but I have a 750+ FICO, think it will be a problem to qualify for IAC?
 
Justin,





Anybody with a pulse and a paycheck will qualify for IAC. Private rentals will require higher FICOs and bigger deposits, but they are generally a better deal.
 
True, my grandfather owns an apartment complex and he has his own strict fico / DTI requirements.





The IAC is a monopoly pretty much, they are able to artificially keep rents higher. They do maintain most property's I've visited very well, so thats the upside.
 
<p>Justin,</p>

<p>You can enter the MLS # in <a href="http://www.homeseekers.com">www.homeseekers.com</a></p>

<p>







MLS #

Status

P

V

H

T

Q

Type

A/D

Address

City

Area

Zip

TGNO

Trct/M

Bd

Bth

Sty

Gar

SqFt

Yr Blt

Lse

Term

Price

DOM







1

<input language="JavaScript" onclick="RMC(0, this.checked)" type="checkbox" name="ItemList" value="95814574" /> <a href="javascript:ShowDetail(0)">F1714623</a><input type="hidden" name="ItemStatus" value="act" />

<strong>A</strong>

<a href="http://www.tempo.socalmls.com/Search/Scripts/MediaDisplay.asp?Uid=95814574&mlsnum=F1714623&PropType=RLS">6</a>



<a target="_new" href="http://www.tempo.socalmls.com/Custom/Reports/ArchiveSrh.asp?MlsNumList='F1714623'&where= TaxID LIKE ('938-13-769%')&fromSearch=y">H</a>

<a target="_blank" href="http://www.tempo.socalmls.com/Custom/ShareServer/Tax.asp?uid=95814574&szUIDMember=SVUKIM">T</a>

<a href="javascript:DigitalMap('SOCALMLS2','SVUKIM','938-13-769','06059','2800 Keller Dr 265','Tustin','CA','92782','QUICKMAP','Kim','Vu')">Q</a>

CONDO

Attached

<a href="javascript:MapMlsNum('95814574','Rls')">2800 Keller Dr 265</a>

TUS

89

92782

830F4

UNKN/1

1

1

1

1 D

575

1991

12

Months

$1,395

9







2

<input language="JavaScript" onclick="RMC(1, this.checked)" type="checkbox" name="ItemList" value="95816123" /> <a href="javascript:ShowDetail(1)">P578314</a><input type="hidden" name="ItemStatus" value="ACT" />

<strong>A</strong>

<a href="http://www.tempo.socalmls.com/Search/Scripts/MediaDisplay.asp?Uid=95816123&mlsnum=P578314&PropType=RLS">8</a>



<a target="_new" href="http://www.tempo.socalmls.com/Custom/Reports/ArchiveSrh.asp?MlsNumList='P578314'&where= TaxID LIKE ('938-13-734%')&fromSearch=y">H</a>

<a target="_blank" href="http://www.tempo.socalmls.com/Custom/ShareServer/Tax.asp?uid=95816123&szUIDMember=SVUKIM">T</a>

<a href="javascript:DigitalMap('SOCALMLS2','SVUKIM','938-13-734','06059','2800 Keller Dr 230','Tustin','CA','92782','QUICKMAP','Kim','Vu')">Q</a>

CONDO

Attached

<a href="javascript:MapMlsNum('95816123','Rls')">2800 Keller Dr 230</a>

TUS

89

92782

830F4

OTHR/2

1

1

3

1 A

780

1992

11

Months

$1,400

7







3

<input language="JavaScript" onclick="RMC(2, this.checked)" type="checkbox" name="ItemList" value="95810072" /> <a href="javascript:ShowDetail(2)">P576801</a><input type="hidden" name="ItemStatus" value="ACT" />

<strong>A</strong>

<a href="http://www.tempo.socalmls.com/Search/Scripts/MediaDisplay.asp?Uid=95810072&mlsnum=P576801&PropType=RLS">4</a>



<a target="_new" href="http://www.tempo.socalmls.com/Custom/Reports/ArchiveSrh.asp?MlsNumList='P576801'&where= TaxID LIKE ('938-13-726%')&fromSearch=y">H</a>

<a target="_blank" href="http://www.tempo.socalmls.com/Custom/ShareServer/Tax.asp?uid=95810072&szUIDMember=SVUKIM">T</a>

<a href="javascript:DigitalMap('SOCALMLS2','SVUKIM','938-13-726','06059','2800 Keller 222','Tustin','CA','92782','QUICKMAP','Kim','Vu')">Q</a>

CONDO

Attached

<a href="javascript:MapMlsNum('95810072','Rls')">2800 Keller 222</a>

Tus

89

92782

830F4

MAND/B

1

1

1

1 D

738

1992

12

Months

$1,495

15









</p>
 
<em><strong>>> I liked Oak Glen, although the sub $1500 dollar 1 bedrooms are usually the 600 sqft variety. </strong></em>

Unfortunately it's Spring and the prices have gone up. But here's a tip, when you sign the lease, try to plan your lease so that it ends between December-February. During this time, you'll get a smallest rent increase. And yeah, that's a downside to renting with IAC...you're almost guaranteed a rent increase when your lease is up. Private rentals though usually don't have rent hikes.



<em><strong>>> So the move in special is accredited to the life of the lease?


</strong></em>If it's some dollar amount like, "$1000 off move-in costs!," then you get $1000 off your first month's rent.




<strong><em>How does income qualification work for renting, I mean specifcally debt to income ratio, mine would be fairly high, above 30% but I have a 750+ FICO, think it will be a problem to qualify for IAC? </em></strong>

I believe you have to make 2.7 times the monthly rent. So if rent is $1400, then you have to make a little over $45k a year.
 
There is a new none IAC condo/apt development coming up on the corner of Jamboree and Main St. They are putting on the finishing touches right now. I think it's called "legacy" or something. Have not seen any lease signs up yet, but doesn't hurt to check. It's a very convenient location, but probably not very quiet due to the traffic on Jamboree.
 
I'll check them out, I'm surprised that the IAC wouldn't snatch those up for having such a prime location. Are these ones you speak of close to the The Charter off von karman?
 
<p>This is what noshellsnail is refering to: <a href="http://www.legacypartners.com/Legacy.asp?loc=r_dev1&div=R">http://www.legacypartners.com/Legacy.asp?loc=r_dev1&div=R</a> </p>

<p>Camden bought it from legacy and will be managing the property: <a href="http://property.onesite.realpage.com/templates/template_camden/community_body.asp?w=camdenmainandjamboree&c=camdenproperty.onesite.realpage.com&e=1051412&s=1215245&t=template_camden&siteid=1215245">http://property.onesite.realpage.com/templates/template_camden/community_body.asp?w=camdenmainandjamboree&c=camdenproperty.onesite.realpage.com&e=1051412&s=1215245&t=template_camden&siteid=1215245</a> </p>
 
<p>My wife and I went through the process of finding a rental in Irvine less than a month ago and we settled on an IAC property after looking at numerous private condos and IAC properties. We ended up with a 2b/2b 1100 sq ft place for $1890 per month. It was just remodeled and the place has granite and other upgraded features. </p>

<p>Here are the reasons why we went with an IAC place. Hopefully some of these might be helpful to you.</p>

<p>1) New properties - we were really interested in getting a place that was fairly new and had upgraded features. We saw many condos that met our needs but were bought in the last 2 years and we weren't comfortable renting from people who were clearly losing money every month. With an IAC place, there was no worry that the landlord would suddenly go broke and foreclose.</p>

<p>2) Rent per sq ft - when looking at condos vs. IAC apts, the cost difference was minimal. You start getting much better deals if you are looking at the bigger townhomes or SFR's but those are $2500 and up. We wanted to stay under $2000 a month and for that, the condos we found were nearly identical in size to the IAC apartments. </p>

<p>3) Selection & Convenience - the nice thing about apt rental is that you have so much more selection. We were looking around south Irvine and outside of Watermarke, Ave. one, and metro, there aren't a lot of condos that are fairly new and nice. However, IAC has a ton of properties within this area and it was so much easier to find a layout that we would be happy with for 1.5-2 years (hoping market comes down so we can buy end of '08 or beginning of '09). Also, from a convenience point of view, some of the condo owners seemed questionable about how long it would take for them to respond to repairs or requests. I travel a lot and my wife isn't the hands on type and it wouldn't be good if something broke down and no one responded to it.</p>

<p>Those were our main reasons. We saw some great condos but in the end, it just didn't make sense for us. The extra space didn't warrant the risk of a private rental. If you are looking at older properties or bigger properties, you will find a lot better deals in private rentals. For example, my father-in-law rents out his 4b 2500 sq ft house near Jamboree & Portola for $3000 a month and hasn't increased rent in nearly 3 years! </p>
 
"we would be happy with for 1.5-2 years (hoping market comes down so we can buy end of '08 or beginning of '09)"





That's my plan as well, only problem is I don't have a wife or immediate roommate and 1bdrm IAC places are only a few hundred cheaper than your 2 bedroom


oh well, thanks!
 
rkp - I drive by those soon to be apartments almost everyday. I always wondered who would want to live at the corner of Main and Jamboree. The noise in NYC is different than the noise in Irvine and in Irvine I would want peace and quiet.
 
I am 100% sure those will start at 2k, it will be the non-IAC version of the village @ the spectrum. You pay for premium location/tuscan feel.
 
Any updates to this topic? I'm looking for a smaller 2BD with garage. Would rather stay away from apartments. Looking for newer and quiter place but convenient. I can work from home so commute doesn't matter. Thanks.
 
You must log in or register to reply here.
Back
Top