323 Streamwood, Irvine, CA 92620

Property Description

ATTENTION INVESTORS, TURN_KEY INVESTMENT PROPERTY -- This ground-level end-unit condo in Northwood Village has been completely remodeled and updated and comes complete with a BUILT-IN TENANT on a one year lease starting July 2021 at $1925 P/MO, which equates to a 4.9% CAP Rate. This done-for-you-investment is ready to go. It has gorgeous natural stone Nambi Fantasy Marble in the kitchen, a stainless under-mount sink, designer-inspired grey cabinets, and updated stainless appliances. The spacious living area has designer two-tone paint, updated wood baseboards, chair-railing, and brand-new waterproof luxury vinyl plank wood-look flooring. It has an open floorplan with living areas open to the bright dining room and remodeled kitchen. Double doors lead you to the master bedroom suite with floor-to-ceiling built-in bookcases on either side of the bed. The natural stone marble continues into the bathroom which has been remodeled with new flooring, a new under-mount sink, a new modern faucet, a refurbished tub, and two floor-to-ceiling mirrored closets. The backyard patio is fully enclosed and private, and the laundry room is just a few steps away. This is a premium end unit located in The Springs community and your tenants will enjoy the lushly landscaped grounds with lakes, streams, and waterfalls just outside the front door. The association also includes two Clubhouses that have just undergone a remodel, Banquet Hall, Game Room, Gym with new equipment, 2 Pools, 2 Spas, Tennis Courts, clean Laundry rooms, and new Electric Vehicle Charging Stations. The super-low HOA dues include paid water (both hot and cold), paid sewer, paid trash service, and reserved covered carport. This home is one of the lowest-priced homes available in ALL of Irvine and with its upgrades, it is a great value. The neighborhood is conveniently located near shopping centers, restaurants, and has easy freeway access. Nearby are Hicks Canyon and Jeffery Trails perfect for an after-dinner stroll or bike ride. Check out the virtual tour by visiting http://VirtualTour.323Streamwood.com and submit an offer today.