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Key Details
Sold Price $1,007,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC14177150
Sold Date 12/22/14
HOA Y/N No
Year Built 1964
Tax Year 2013
Lot Size 0.300 Acres
Property Description
Great Investment Opportunity! Tustin area 4-plex with (2) Townhouse style units and (2), 2 bedroom, 2 bath units on a HUGE 13,000 SF lot. Gross monthly rental income $75000/year! Recent work done to property includes new paint and flooring in all 4 units; 2 New water heaters; refurbished laundry room; new exterior paint. Laundry equipment on property managed by vendor and provides additional monthly income. Units have great tenants who always pay their rent on time and take great care of the unit. All 4 Units are spacious, clean and offer few challenges. Each has private patios; Separate Gas and Electric Meters. Tustin Unified School District, (Beswick Elementary, Currie Middle School and Tustin HS). Great Location, close to Tustin Hospital Center and easy freeway access. Make offer subject to inspection and due diligence. Income/Expenses and rental agreements provided after acceptance. DRIVE BY ONLY. DO NOT DISTURB TENANTS.
Location
State CA
County Orange
Area 71 - Tustin
Interior
Interior Features Wood Product Walls
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Vinyl
Fireplaces Type Living Room
Fireplace Yes
Laundry See Remarks
Exterior
Parking Features Assigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 43213109
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Matthew Hoyt • Hoyt Real Estate, Inc.