$4,050,000
$4,100,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
0.39 Acres Lot
SOLD DATE : 03/12/2021
Key Details
Sold Price $4,050,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID PW20194444
Sold Date 03/12/21
HOA Y/N No
Year Built 1982
Lot Size 0.390 Acres
Property Description
PRICE REDUCTION! Seller will meet the market. Once in a lifetime investment. 1370 San Juan St is a pride of ownership 9 unit condo style multifamily investment located in the city of Tustin, California. Just north of the 5 freeway in a quaint neighborhood located on the backside of Tustin High School off Redhill. This building takes advantage of being so close to the new development Tustin Cottage Townhomes. Each unit is individually parceled, zoned condominiums and can be sold as individual condos if a buyer chooses to do so. Mainly three bedroom 2.5 bath townhomes with 2 bedroom 2.5. bath townhomes, grade level garage parking with 2 spaces per unit (upside is to charge units $50 per space) and ample parking on the street. Very spacious units that include, private patios, washer and dryer hookups, family room fireplaces, central heat and air, granite counter tops, two story living and a gated community pool. More then half the units have already been upgraded. Rent survey shows a 25% upside on current rents. Drive by only. Do not disturb tenants and property showing will be done with submitted and accepted offer. If you have any questions or would like to submit an offer call Brendon Guichet (see agent contact info)
Location
State CA
County Orange
Area 71 - Tustin
Interior
Heating Central
Cooling Central Air
Fireplaces Type Family Room
Fireplace Yes
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Garage Community Structure
Garage Spaces 18.0
Garage Description 18.0
Pool Private
Community Features Curbs, Sidewalks
Parking Type Community Structure
Total Parking Spaces 18
Private Pool Yes
Building
Lot Description Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 93262179
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Tyler Leeson • Marcus & Millichap RE Invest
Real Estate Agent & Loan Officer | License ID: 02076931
+1(949) 226-1789 | realestateaminzarif@gmail.com