164 & 172 Preble Drive

Tustin, CA 92780

  • 16 Bed(s)
  • 8 Bath(s)
  • 7,200 Sqft
  • 23387
    Sqft(Lot)
$3,900,000

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 Income
  • County

    Orange
  • Style

    Traditional
  • AD ID

    47372814

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Property Details

  • 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
  • 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
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.5369
    • Lot Size Source: Appraiser
    • Lot Size Square Feet: 23387
  • Listing Price Information

    • Original List Price: 3,900,000
    • Listing Contract Date: 2024-10-16

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 40159114
  • 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
  • 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
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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.