Laguna Altura Rental

[jamboreedude]

37 Bianco Irvine, CA 92603
Beds:3 Bed Baths:3 Bath House Size:1,788 Sq Ft Year Built:2012
Asking Rent: $3,985/month (or $2.23/sq. feet)
http://www.realtor.com/realestatean...o_Irvine_CA_92618_M17520-26204?mlslid=S702662

Is the rent competitive with rentals at TIC apartments?

 

[OCgasman]

No.  That place won't lease at that price.

 

[jamboreedude]

No.  That place won't lease at that price.

So at what rental price per month you think would be reasonable for the Sienna 1788 sq. foot home?

As an investment for rental income, would you consider Stonegate's Santa Clara Residence 1:
seehttp://www.villagesofirvine.com/Vil...s/Stonegate/Residence/Santa-Clara/Residence-1
Priced at $355K, I think.

 

[usctrojancpa]

No.  That place won't lease at that price.

So at what rental price per month you think would be reasonable for the Sienna 1788 sq. foot home?

As an investment for rental income, would you consider Stonegate's Santa Clara Residence 1:
seehttp://www.villagesofirvine.com/Vil...s/Stonegate/Residence/Santa-Clara/Residence-1
Priced at $355K, I think.

$3,000 to $3,200 a month.

 

[locolocal]

I was looking at the median rents on the ochousingnews website and was wondering if it's really cheaper to rent in Turtle Ridge than Walnut?
http://ochousingnews.com/wp-content/uploads/2012/06/2012-06-OC_ratings-550x781.png

 

[The Motor Court Company]

photo 19? Vietnamese or Chinese?

Assuming base price of $630k + $15k in upgrades+ yard, $300 HOA/month, $5k mello-roos and 1% base property tax, 20% down 30 year fixed at 3.875 - totally monthly outlay is right around $3900, which is the asking rent.

You could get a Quail Hill smaller detached condo under $3000/month - so the rent is a couple hundreds too high at least.

Pretty bad investment I'd say.