Airbnb & VRBO Performance in Irvine California.

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Irvine, California: Airbnb & VRBO Vacation Rental Market Overview

In Irvine, California, the short-term rental market is thriving, with an average daily rate of $242.6, a peak occupancy rate of 73% in July, and an average annual revenue for Airbnb hosts of $50.1K, highlighting the city's appeal and lucrative opportunities for hosts.

Market overview

Thriving Short-Term Rental Market in Irvine, California

Irvine, California, is experiencing a robust short-term rental market, driven by high demand and favorable economic conditions. The city's short-term rentals, predominantly listed on platforms like Airbnb, VRBO, and HomeAway, boast impressive occupancy rates and average daily rates. During the peak summer month of July, the occupancy rate surges to 73%, highlighting the strong seasonal demand. The Average Daily Rate (ADR) stands at $242.6, with a significant increase to $290 in July, reflecting the city's appeal to summer vacationers. This performance indicates a lucrative opportunity for hosts, with the average annual revenue for Airbnb hosts in Irvine reaching $50,100, and a maximum monthly revenue of $4,700 in July.

Short Term Regulations

Short-Term Rental Regulations in Irvine, California for 2024

General Prohibitions

  • Short-term rentals (less than 30 days) are banned in all residential zones, including single-family homes, condos, apartments, and accessory dwelling units (ADUs).

Exceptions

  • The only exception is for properties located in hotel-motel zones, where short-term rentals are permitted with the proper permitting.

Enforcement

  • Irvine strictly enforces its short-term rental ban, with measures including warnings, citations, and substantial fines. The city actively monitors short-term rental platforms and investigates complaints from neighbors.
  • Platforms like Airbnb and Vrbo are prohibited from processing transactions for properties within the city.

Licensing and Registration

  • Since short-term rentals are banned in residential areas, there is no licensing process available for hosts in these zones. However, properties in hotel-motel zones may require a permit to operate a short-term rental.

Compliance and Penalties

  • Operating a short-term rental without the proper zoning can result in fines of up to $1,500 per day and may be charged as a misdemeanor.
  • The city maintains a strict enforcement policy, including legal action against violators.

Additional Requirements

  • While general short-term rentals are prohibited, any permitted rentals in hotel-motel zones must comply with local tax laws, including the collection and remittance of transient occupancy taxes.

Monitoring and Reporting

  • The city collaborates with technology companies to monitor and enforce the ban on short-term rentals. Platforms are required to report the names and addresses of anyone attempting to list a short-term rental in the city.
Neighborhood Performance

Top Neighborhoods Generating Airbnb Revenue in Irvine, California

Northern Irvine

  • Proximity to Major Attractions: Northern Irvine is close to nearby cities and major attractions such as the Disneyland Resort, Disney California Adventure Park, and the cities of Santa Ana, which features the Discovery Cube and Bowers Museum. This proximity makes it an ideal location for families and tourists.
  • Convenience and Accessibility: Being 24 minutes from Disneyland and close to other local attractions, this area offers convenience and easy access to a variety of activities.

Turtle Rock

  • University and Natural Attractions: This area is close to the University of California, Irvine (UCI), making it appealing for those visiting the campus or considering attendance. Additionally, it is near the San Joaquin Wildlife Sanctuary, offering 12 miles of trails and a chance to observe over 200 species of birds.
  • Educational and Natural Experiences: The combination of educational opportunities and natural beauty attracts a diverse range of guests.

East Irvine

  • Irvine Spectrum Center: This area is close to the Irvine Spectrum Center, a popular destination for dining, shopping, movies, and entertainment. Amenities include a carousel, Ferris Wheel, cinema, improv comedy club, and escape room.
  • Urban and Leisure Activities: The variety of dining, shopping, and entertainment options makes East Irvine a hub for guests seeking a vibrant and active vacation experience.

Why These Neighborhoods Are Appealing

  • Location and Accessibility: All three neighborhoods offer excellent location advantages, whether it be proximity to major attractions, educational institutions, or urban entertainment centers.
  • Amenities and Activities: Each area provides a range of amenities and activities that cater to different types of guests, from families and tourists to students and those seeking leisure activities.
  • Cleanliness and Quality: Many Airbnb rentals in these areas are highly rated for cleanliness, comfort, and overall quality, ensuring a positive experience for guests.
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Design Tips

Creating an Inviting Airbnb in Irvine, California: Design and Furnishing Tips

Design and Furnishing Considerations

1. Modern and Minimalist Design

  • Opt for clean lines and minimalist designs to make spaces feel open and inviting. This style is particularly popular in Irvine, as it caters to the city's modern and comfortable vibe.

2. Coastal and Earthy Tones

  • Incorporate coastal and earthy tones to reflect California's unique style. These color palettes help create a relaxing and welcoming atmosphere.

3. Local Artwork and Decor

  • Use local artwork and decorative items to create a connection to the community. This adds a unique touch and provides guests with a genuine local experience.

4. Functional Furniture

  • Choose high-quality, functional furniture that enhances guest comfort. Ensure each area of the property has a clear purpose, such as a well-defined reading nook or dining area.

5. Smart Technology

  • Incorporate smart home features like keyless entry, smart thermostats, and streaming devices to appeal to tech-savvy travelers.

6. Outdoor Amenities

  • Provide outdoor amenities such as pools, hot tubs, and well-equipped outdoor spaces for relaxation and entertainment. These are highly sought after by guests in Irvine.

7. Neutral Color Palette

  • Use a neutral color palette for walls and large furniture pieces to ensure guests feel relaxed and not overwhelmed by bold colors.

8. Guest Amenities

  • Stock up on essential items like toiletries, basic cooking ingredients, and a first aid kit. Also, provide extra pillows, blankets, and towels to enhance the guest experience.

9. Optimize Lighting and Storage

  • Pay attention to lighting and storage space. Use lighting fixtures that are not too office-like and ensure there is adequate storage to keep the space clutter-free.

10. Local Touches and Community Feel

  • Incorporate elements that reflect the local culture or history. This could include a guidebook with local recommendations or decorative items that showcase the community's character.

11. Cleanliness and Organization

  • Ensure the property is spotless and clutter-free. Avoid leaving personal items or clutter, as this can make guests feel like intruders in someone else's life.

12. High-Quality Bedding and Linens

  • Invest in high-quality mattresses and linens to ensure a good night's sleep. Use white linens or a solid color to symbolize cleanliness and ease of maintenance.

By following these tips, you can create an Airbnb in Irvine that is both inviting and reflective of the city's unique style, enhancing the overall guest experience and potentially increasing bookings and positive reviews.

Insider Tips

Local Attractions and Insider Tips for Irvine, California

Attractions

Outdoor and Recreational

  • Orange County Great Park: A 1,300-acre park with over 200 developed acres, featuring athletic fields, walking trails, playgrounds, and a carousel. It is the reincarnation of the former Marine Corps Air Station El Toro.
  • Wild Rivers Waterpark: Enjoy various water rides, a wave pool, and lazy river. Perfect for families and thrill-seekers.
  • Tanaka Farms: Experience agritourism with cooking lessons, wagon rides, and seasonal events like Hikari—The Festival of Lights.

Entertainment and Shopping

  • Irvine Spectrum Center: A popular entertainment and shopping destination with a variety of restaurants, shops, and a giant Ferris wheel.
  • Boomers Irvine: Offers miniature golf, go-karts, bumper boats, laser tag, and other family-friendly activities.

Cultural and Educational

  • Pretend City Children's Museum: Features 17 interactive exhibits designed for hands-on learning and role-playing for children.
  • UCI Beall Center for Art and Technology: Located at the University of California, Irvine, this center showcases innovative art and technology exhibits.
  • Irvine Barclay Theatre and Cheng Hall: Hosts a wide range of theater productions, ballets, symphonies, and musicals.

Nearby Attractions

  • Disneyland® Resort: Approximately 16.5 miles away, offering magical attractions and theme lands.
  • Knott's Berry Farm: About 22.5 miles away, featuring a theme park and waterpark.
  • Newport Beach: Less than 15 miles away, known for its boat harbor, piers, and the Balboa Fun Zone.

Insider Tips

Local Favorites

  • The Original Manassero Farms Irvine Market: Visit for a pick-your-own herb garden, special events, and a gift shop with local products.
  • Diamond Jamboree: An international eatertainment destination with an Asian supermarket and various restaurants.

Outdoor Activities

  • Back Bay Loop Trail: A 10.5-mile scenic route around Upper Newport Bay, ideal for hiking and cycling.
  • Serrano Ridge Trail: A doubletrack trail providing access to other trails like Quail Trail and West Canyon Trail.

Shopping

  • South Coast Plaza: A global shopping destination with over 250 boutiques and luxury retail offerings, less than 10 miles away.
  • The Market Place: A convenient retail, dining, and lifestyle destination about 6.5 miles away.

Community Insights

  • Irvine's Open Spaces: The city boasts over 16,500 acres of dedicated open space, parks, and sports fields, making it easy to find natural areas to relax or be active.

By sharing these attractions and insider tips, you can help your Airbnb guests make the most of their visit to Irvine, California.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Irvine, California

Operating a short-term rental business in Irvine, California, is heavily regulated, but with the right strategies, you can ensure a smooth and successful experience for both you and your guests. Here are some practical tips to consider:

Noise Regulations and Quiet Hours

Inform your guests about the quiet hours and noise regulations in Irvine. Since short-term rentals are only allowed in specific hotel-motel zones, it is crucial to maintain a respectful environment. Include clear guidelines on quiet hours in your house manual and communicate them through welcome messages or signs at the property.

Digital and Physical House Manual

Create a comprehensive digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also outline the rules and regulations specific to Irvine, including the ban on short-term rentals in residential areas and any other relevant local laws.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process. This eliminates the need for physical key exchanges and provides guests with immediate access to the property. Ensure that the smart lock instructions are clearly detailed in the house manual.

Parking Instructions with Photos

Provide detailed parking instructions, including photos, to help guests navigate any parking restrictions or requirements. This is particularly important in areas with limited parking options, ensuring that guests do not inadvertently violate local parking regulations.

By adhering to these tips, you can enhance the guest experience, comply with local regulations, and maintain a successful short-term rental business in Irvine, despite the city's restrictive policies on short-term rentals in residential areas.

Local Vendors

Here is a brief list of house cleaning services in Irvine, California:

The Cleaning Authority - Irvine

  • Provides professional maid services in Irvine, Santa Ana, Orange, and surrounding areas.
  • Uses a detail-clean rotation system for thorough cleaning and sanitization.
  • Fully bonded and insured, with a commitment to environmentally responsible products.

Aloha Maids

  • Offers house cleaning, housekeeping, and various specialized services such as Airbnb, move-in/move-out, and deep cleaning.
  • Cleaners are vetted and background-checked upon request.
  • Services are customizable, and bookings can be made online or over the phone.

TIDY

  • Combines top cleaners with advanced technology for easy booking and customization.
  • Cleaners undergo thorough background checks and verification.
  • Offers flexible scheduling and the option to request the same cleaner each time.

Molly Maid of Irvine and Saddleback Valley

  • Provides home cleaning services tailored to individual needs, including one-time, recurring, and move-out cleanings.
  • Adjusts cleaning plans to fit unique spaces and requirements.
  • Committed to delivering high-quality, germ-free cleaning services.

These services cater to various needs and preferences, ensuring a clean and comfortable living environment in Irvine, CA.

Management fees

Short-Term Rental Management Fees in Irvine, California: A Breakdown

In Irvine, California, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive services such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. This extensive management can ensure that all aspects of the rental are handled professionally, but it comes at a premium cost. On the other hand, basic services that may only include rent collection and minimal oversight can be less expensive. Additionally, property owners may incur extra fees for services like cleaning, repairs, or design enhancements, which can further impact the overall cost of managing a short-term rental property in Irvine.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Irvine should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
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50+ Top Booking Channels
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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Irvine.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for California