Tagged : Metropolitan Irvine Condos

Finding any kind of estate priced around the half million dollar mark is very hard to find as real estate prices in the last 4 to 5 years have really gone up.  Since mortgage interest rates are climbing up slowly this is causing real estate prices to soften "a little" bit here in Irvine with homes and condos staying on the market for a little bit longer than what we have become used to.  If you are in the market to buy a property for under $600,000 then you will probably end up either buying a condo or a mobile home.  When it comes to condos there a couple places to keep an eye on.  The Watermarke condo complex is one of the best places to look as it's still possible to find 1 bedroom condos in the mid $500,000 range.  There a ton of amenities that come

If you ever get a chance to fly into the John Wayne Airport (SNA) is worth a try since it offers a more leisurely experience from the hustle and bustle of LAX airport.  The location is actually near some of the best condo buildings in the Irvine area and the airport has taken great measures to minimize the noise when taking off and landing here.  This area is also very popular with students going to UCI which saw a housing shortage this year causing many of our clients to look for rentals in this area.  One of the most affordable and popular places to live is the Watermarke condo building.  Real Estate prices are the driving factor with condo sales that still can be found in the $400,000 range with rental properties in the low $2,000 a month price point.

One of the best places to look for condo rentals In the Irvine area is the Metropolitan condo building.  Rentals in this complex are very abundant with a good mix of one and two bedroom condos to choose from.  It's all about the location here with a prime location in the Airport Area of Irvine with a close proximity to the UCI campus as well as the John Wayne Orange County airport.  We have provided a rental comp chart which shows what places have rented for in the past couple of years.  It's not uncommon to find one bedroom condos lease for around the $2,250 a month range while the large two bedrooms condos tend to be in the low $3,000 a month range.  For the most part, all of these rentals are 12 month leases with the tenant paying the first months