Description
Two rare tustin fourplexs on two separate huge lots, conventional conforming financing - two separate properties being sold together; each property will qualify for it's own financing no commercial loan necessary!!! 164 preble drive (apn 401-591-14) and 172 preble drive (apn 401-591-15); approximately 23,387 square feet (over a half acre) according to county records. close to police station, library, community center, old towne tustin, city cultural and administrative centers, food, stores, and restaurants; lots to explore and all within walking distance. each property is comprised of 4 two bedroom one bath units (approximately 900 sqft each), 4 garage spaces, laundry room, and 6 open parking spaces (total of 8 units, 8 garage spaces, 2 laundry rooms, and 12 open parking spaces). each unit has a large enclosed patio off the dining area and a wood burning fireplace. upside in rents, no rental increase in last 12 months. laundry rooms are currently on month-to-month lease so new owner can negotiate a new contract with laundry company or put own machines in for even more income. separately metered for electric, no gas, all units are 100% electric. both buildings have been repiped with pex and have had the roof replaced in the last 10 years. convenient location near the 5 and 55 freeways.
Property Type
Residential IncomeCounty
OrangeStyle
TraditionalAD ID
47372814
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition,Shingle
- Exterior Property Features : Lighting,Rain Gutters
- Interior Features: All Bedrooms Down,Walk-In Closet(s)
- Windows: Blinds,Screens
- Property Appliances: Electric Range,Electric Water Heater,Free-Standing Range,Disposal,Range Hood,Vented Exhaust Fan,Water Heater
- Fireplace: Living Room,Wood Burning
- Flooring: Carpet,Laminate,Vinyl
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Electric,Fireplace(s)
- Has Heating
Fireplace
- Fireplace Features: Living Room,Wood Burning
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 7,200
- Construction: Brick,Stucco,Wood Siding
- Roof: Composition,Shingle
Exterior Features
- Lighting,Rain Gutters
Foundation
- Slab
Security Features
- Security Lights
Pool Features
- None
Laundry Features
- Common Area,Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room
Fencing
- Good Condition,Security,Wood
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.5369
- Lot Size Source: Appraiser
- Lot Size Square Feet: 23387
-
Listing Information
Listing Price Information
- Original List Price: 3,900,000
- Listing Contract Date: 2024-10-16
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 40159114
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Garage,Garage Door Opener,Private,Storage,Tandem
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Telephone
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 71 - Tustin
- Postal Code Plus 4: 3718
- Directions: 164 & 172 PREBLE DRIVE - CORNER OF PREBLE AND SECOND
- Source Property Type: Residential Income
- Area: 71 - Tustin
- Property SubType: Quadruplex
Building and Construction
- Property Age: 60
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Appraiser
- Entry Level: 1
- Entry Location: front
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
Statistics Bottom Ads 2
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BuyOwner last updated this listing 12/19/2024 @ 23:23
- MLS: OC24214946
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 16 bedrooms which is for sale, it has 7,200 sqft, 23,387 sized lot, and 8 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of North Tustin , in zip code 92780, this Orange County Home , it is in the OTHER Subdivision, are nearby neighborhoods.