For SaleNeutral Deal3 days on market
22 Vernal Spg
22 Vernal Spg, Irvine, CA 92603, Irvine, CA 92603
$8,995,000
Estimate®:$8,549,100
Listing Price
22 Vernal Spg, Irvine, CA 92603
Loc: Irvine, CA
Days Listed
3
Tax Assessed
$3751k
Estimate®
$8549k
Market Rate
Lot Size
0.31 acres
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Bonita Canyon Elementary School
K-6
1.4 mi away
10
Rancho San Joaquin Middle School
7-8
1.9 mi away
9
University High School
9-12
2.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
MediterraneanSpanish Revivalstucco exteriorred tile roofbalconytwo-storylandscapedluxurydrivewaybrick accentswrought ironlush gardenterraceresidentialupscale
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.48%
Total ROI
99.7%
Cash Flow
$1,894/mo
DSCR
1.04
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $1,894/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Irvine
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $8,995,000 | $1,704 |
| 2013-09-05 | Sold | $3,000,000 | $568 |
| 2012-01-06 | Sold | $2,200,000 | $417 |
| 2012-01-05 | Price change | $0 | – |
| 2012-01-03 | Price change | $2,350,000 | $445 |
| 2012-01-02 | Price change | $0 | – |
| 2011-12-12 | Price change | $2,350,000 | $445 |
| 2011-12-11 | Price change | $0 | – |
| 2011-10-15 | Price change | $2,350,000 | $445 |
| 2011-09-19 | Price change | $2,250,000 | $426 |
| 2011-09-10 | Price change | $2,300,000 | $436 |
| 2011-06-29 | Price change | $2,350,000 | $445 |
| 2011-06-25 | Price change | $2,380,000 | $451 |
| 2011-06-18 | Price change | $2,400,000 | $455 |
| 2011-05-27 | Price change | $2,450,000 | $464 |
| 2011-05-22 | Price change | $2,550,000 | $483 |
| 2011-05-19 | Price change | $2,580,000 | $489 |
| 2011-05-18 | Price change | $2,680,000 | $508 |
| 2011-04-21 | Price change | $2,780,000 | $527 |
| 2011-04-02 | Price change | $2,500,000 | $474 |
| 2011-03-25 | Price change | $2,200,000 | $417 |
| 2011-03-16 | Listed for sale | $2,400,000 | $455 |
| 2010-09-05 | Listing removed | $2,999,000 | $568 |
| 2010-04-02 | Price change | $2,999,000 | $568 |
| 2010-03-09 | Listed for sale | $3,150,000 | $597 |
| 2006-10-10 | Sold | $3,325,000 | $630 |
| 2004-09-02 | Sold | $2,445,500 | $463 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $3,751,138 |
| 2025 | $40,264 | $3,677,587 |
| 2024 | $43,992 | $3,605,478 |
| 2023 | $43,200.26 | $3,534,783 |
| 2022 | $42,426.16 | $3,465,474 |
| 2021 | $41,787.78 | $3,397,524 |
| 2020 | $41,409.1 | $3,362,687 |
| 2019 | $41,409.1 | $3,296,752 |
| 2018 | $40,703.94 | $3,232,110 |
| 2017 | $39,327.76 | $3,168,736 |
| 2016 | $39,327.76 | $3,106,604 |
| 2015 | $38,635.02 | $3,059,940 |
| 2014 | $38,049.4 | $3,000,000 |
| 2013 | $0 | $2,299,750 |
| 2012 | $0 | $2,643,840 |
| 2011 | $0 | $2,592,000 |
| 2010 | $0 | $2,840,000 |
| 2009 | $0 | $2,840,000 |
| 2008 | $0 | $3,325,000 |
| 2007 | $0 | $3,325,000 |
| 2006 | $0 | $2,494,410 |
| 2005 | $0 | $2,445,500 |
| 2004 | $0 | $5,695 |
| 2003 | $0 | $5,591 |
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