For SaleRisky Deal91 days on market
8 Magellan Aisle
8 Magellan Aisle, Irvine, CA 92620, Irvine, CA 92620
$798,000
Estimate®:$788,400
Listing Price
8 Magellan Aisle, Irvine, CA 92620
Loc: Irvine, CA
Days Listed
91
Tax Assessed
$568k
Estimate®
$788k
Market Rate
Lot Size
3.70 acres
Rent Estimate
$3,356/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
Northwood Elementary School
K-6
0.6 mi away
9
Sierra Vista Middle School
7-8
1.4 mi away
10
Northwood High School
9-12
2.5 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
Mediterranean stylestucco exteriorterracotta roof tilestownhomeattached garageprivate balconysuburbanmulti-storyresidentiallandscapedgabled roofmulti-family architecture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.75%
Total ROI
18.7%
Cash Flow
$-2,310/mo
DSCR
0.44
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,310/mo net cash flow with a 2.8% 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 |
|---|---|---|---|
| 2026-09-23 | Price change | $798,000 | $667 |
| 2026-09-09 | Price change | $849,000 | $709 |
| 2026-08-28 | Price change | $869,000 | $726 |
| 2026-07-16 | Price change | $889,000 | $743 |
| 2026-06-27 | Listed for sale | $899,000 | $751 |
| 2023-02-23 | Listing removed | $0 | – |
| 2023-01-21 | Listed for rent | $2,900 | $2 |
| 2019-07-14 | Listing removed | $2,499 | $2 |
| 2019-06-30 | Price change | $2,499 | $2 |
| 2019-06-13 | Price change | $2,695 | $2 |
| 2019-06-04 | Price change | $2,800 | $2 |
| 2019-05-15 | Listed for rent | $2,900 | $2 |
| 2015-09-11 | Sold | $470,000 | $393 |
| 2015-07-25 | Listed for sale | $495,000 | $414 |
| 2002-06-21 | Sold | $280,000 | $234 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $567,508 |
| 2025 | $6,070 | $556,381 |
| 2024 | $5,940 | $545,472 |
| 2023 | $5,717.04 | $534,777 |
| 2022 | $5,604.74 | $524,292 |
| 2021 | $5,474.84 | $514,012 |
| 2020 | $5,443.36 | $508,742 |
| 2019 | $5,443.36 | $498,767 |
| 2018 | $5,321.62 | $488,988 |
| 2017 | $5,117.6 | $479,400 |
| 2016 | $5,117.6 | $470,000 |
| 2015 | $4,893.08 | $344,044 |
| 2014 | $3,519.82 | $337,305 |
| 2013 | $0 | $335,781 |
| 2012 | $0 | $329,198 |
| 2011 | $0 | $322,744 |
| 2010 | $0 | $320,332 |
| 2009 | $0 | $321,094 |
| 2008 | $0 | $314,799 |
| 2007 | $0 | $308,627 |
| 2006 | $0 | $302,576 |
| 2005 | $0 | $296,644 |
| 2004 | $0 | $290,828 |
| 2003 | $0 | $285,498 |
| 2002 | $0 | $223,821 |
| 2001 | $2,383 | $210,000 |
| 2000 | $2,174.42 | $189,000 |
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