Listed By:
Rongrong Jin with JC Pacific Capital Inc.; 626-693-7888
15825 S Myrtle Avenue, Tustin, CA
$ 1,660,000
Property Attributes
  • MLS#TR24015627
  • TypeMulti-Family
  • CountyORANGE
  • CityTustin
  • AreaTustin
  • Zip92780
  • StyleCondominium
  • Price$ 1,660,000
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3130
  • Lot Size0.18 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Very good location, core location and value in Tustin, very good tenants, pay rent on time every month, the government subsidizes rent on time every month, holidays are paid to Owner account in advance, you can make rich cover loan payments, the house is in very good condition . It has been well maintained and the exterior walls were renovated last year. An opportunity to own a turnkey multifamily asset in Tustin.

Price History
1/27/2024 Listed $1,799,000
5/11/2024 8% - $1,660,000

General Features

Sewer PublicSewer
Heating Electric
Cooling Electric
Utilities CableAvailable,ElectricityAvailable,NaturalGasAvailable,PhoneAvailable,SewerAvailable,SeeRemarks,WaterAvailable
Appliances Dishwasher,ElectricOven,ElectricRange,GasOven,WaterHeater
Garage Spaces 3.0
Pool Features None
Year Built 1963
View Neighborhood
Stories 1
Levels One,Two
Property SubType Condominium
Gross Income 85068.0
Community Features StreetLights
Accessibility SeeRemarks
County Orange
Net Operating Income 68000.0
Operating Expense 17559.0
Insurance Expense 1200.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Contingency Please Don’t disturb the tenant,make an offer first,and then go home and inspect the property. Thanks !
Garage Y/N Yes
Special Listing Conditions Standard
Status Active
Directions At the intersection of the 5 and 55; cross-streets Newport and McFadden
City Tustin
Entry Location EACH DOOR
View Y/N Yes
Senior Community Y/N No
NumberOfUnitsTotal 3
MLS Area 71 - Tustin
Lot Size Units SquareFeet
Lot Size Square Feet 7841.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Myrtle
Listing Terms Cash,CashtoExistingLoan,CashtoNewLoan,Conventional,Contract,CalVetLoan,Item1031Exchange
Spa Features None
Property Attached Y/N Yes
Land Lease Y/N No
Electric Expense 0.0
Home Warranty Y/N No
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N Yes
Days on Market 104
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 10
Property Sub Type Additional Condominium
Expected Active Date 2024-01-27
MobileHomeRemainsYN No

Interior Features

Fireplace Features None
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N No

Exterior Features

Lot Features Item25UnitsAcre
Water Source Public
Total Parking 3.0
Lot Size Area 7841.0
Number of Buildings 1
Spa No
Building Area Total 3130.0
Street Suffix Avenue
Lot Size Acres 0.18
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 92780

AVG $1.88M
AVG 178
Data Provided by Inside Real Estate®
Year Built
AVG 1966