For SaleRisky Deal6 days on market
56 Bay Laurel
56 Bay Laurel, Irvine, CA 92620, Irvine, CA 92620
$1,350,000
Estimate®:$1,315,200
Listing Price
56 Bay Laurel, Irvine, CA 92620
Loc: Irvine, CA
Days Listed
6
Tax Assessed
$1407k
Estimate®
$1315k
Market Rate
Lot Size
0.41 acres
Rent Estimate
$4,917/mo
Est. Cash Flow base
Type
condo
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.
9
Cypress Village Elementary
K-6
0.3 mi away
9
Jeffrey Trail Middle
7-8
0.9 mi away
9
Irvine 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
modernminimalistopen floor planneutral color palettehardwood flooringlarge windowsstaged interiorcontemporary furniturespaciousbrightnatural lightresidentialairy
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.98%
Total ROI
2.0%
Cash Flow
$-4,773/mo
DSCR
0.32
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-4,773/mo net cash flow with a 2.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Irvine, CA
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $1,350,000 | $886 |
| 2026-08-29 | Listing removed | $5,800 | $4 |
| 2026-08-23 | Price change | $5,800 | $4 |
| 2026-07-07 | Listed for rent | $6,000 | $4 |
| 2025-04-02 | Listing removed | $6,000 | $4 |
| 2024-12-06 | Listed for rent | $6,000 | $4 |
| 2024-11-23 | Listing removed | $6,000 | $4 |
| 2024-09-13 | Listed for rent | $6,000 | $4 |
| 2022-06-29 | Sold | $1,300,000 | $854 |
| 2022-05-11 | Pending sale | $1,098,000 | $721 |
| 2022-05-09 | Contingent | $1,098,000 | $721 |
| 2022-04-28 | Listed for sale | $1,098,000 | $721 |
| 2016-05-17 | Sold | $677,000 | $445 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,407,161 |
| 2025 | $17,142 | $1,379,570 |
| 2024 | $16,846 | $1,352,520 |
| 2023 | $16,517.24 | $1,326,000 |
| 2022 | $10,499.42 | $754,706 |
| 2021 | $10,338.22 | $739,908 |
| 2020 | $10,257.22 | $732,322 |
| 2019 | $10,257.22 | $717,963 |
| 2018 | $10,200.46 | $703,886 |
| 2017 | $10,376.72 | $690,085 |
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