If you are looking for a newer neighborhood in Irvine (average year built homes 2004) which is associated with University High (one of the top ranked school in nation), Shady Canyon, Turtle Ridge and Quail Hill would be a great potential. I can also manage your property while you are away. Please provide more details so I can better assist (price, timing, etc.).
James I. Park
President / Broker
Park Realty Group, Inc.
Mobile: (949) 838-6810
DRE Broker License: 01102173
I had worked with Investors like yourself, some bought cash and rented out the property for them. I had listings before in Irvine, Diamond Bar, and Fullerton. These areas tend to rent well-- a lot of cash renters in Diamond Bar area due to business travelers and new residents, mostly from Asia and students from Cal Poly (tech University) group together to rent a home..rents go for as high as 2600-800/mo for a 4-5 bed home. Fullerton is the same thing but less cash renters, but being in orange county and have 4 Universities/Colleges (Cal State, Law, Optometry, Fullerton College-- which is a feeder school to Universities and famed to have a former President of the US attend here before moving on to a University..good teachers with industry practice)..and it has 2 High Schools that consistently ranked top10/top 20 for the last 20 yrs. You can look at LINK TO SCHOOLS in California: http://mwww.schooldigger.com/go/CA/search.aspx" target="_blank" rel="nofollow">http:// http://mwww.schooldigger.com/go/CA/search.aspx
Irvine Is a newer and nicer planned neighborhood than Diamond Bar or Fullerton & Vicinity in North Orange County, but you also pay a higher price (You can get a $1500 sq ft 4 bedroom, rent it out for 2400/mo and buy it at $410,000-450,000 (Detached Single Family Residence with cosmetic touch up needed), walkable to schools in East Fullerton by Cal State ...
In Irvine, $450,000 wonâ€™t get you a 4 bedroom detached home w/ 2 car garages.. You'll get a 2 bedroom attached townhome with 1 car garage and a space/carport for a guest or 2nd car. This is in the University area..(you'll get a bigger one for this price but farther out by the 5 fwy closer to the businesses & Tiustin â€“ which also rents well but slower to move)...... the 405 side is much more coveted since it is closer to UCI and works for renters with no cars to school) and the rent will be $2000 (almost 1k per bedroom.. but lately only the beach communities command that price..or the Yr 2005+- newer conods on Jamboree/Campus with nice amenities will get you that price-- they also offer property management for you.. ). Beach towns also rents well..but stay closer to Newport if you want longer-term renters. Pure Summer rentals are great too just a lot more work (and risk).
You can search Realtor.com (just put in price and cities so you can see what size of home and type you'll get for your budget).
I hope this starts you in the right direction.. Let me know if I could be of further help. I cover a wide area and can help you find a loan if needed, and a property management. -Agnes.firstname.lastname@example.org
The Irvine Unified School District http://(www.iusd.org) has 22 elementary schools, 7 middle schools, and 6 high schools. Detailed information about each school can be found on the District's website at http://www.iusd.org/schools/index.html, including School Accountability Report Cards.
Either the agent that finds you the property you want to buy or a property management company can watch and maintain your home while you are away. That will be easy to set-up and put in place once you closed on your new home.
I hope this helps! If I can be of further assistance, please don't hesitate to contact me directly.
O.C. Real Estate Advisors
Email me at Jeremy@LehmanHomes.net or call (714)580-3274.