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15981 S Myrtle AVE Tustin, CA 92780
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Key Details
Sold Price $5,300,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 17,678 sqft
Price per Sqft $299
MLS Listing ID OC19068032
Sold Date 08/19/19
HOA Y/N No
Year Built 1964
Lot Size 0.733 Acres
Acres 0.7333
Property Description
The Myrtle Avenue Apartment Homes is a Pride of Ownership, 16 unit multi-family investment property located in the strong rental market of Tustin, California within the Greater Orange County area. The property has a desirable unit mix consisting of (9) two bedroom/ one bathroom units, (1) two bedroom/ one and one half bathrooms units, (2) two bedroom/ two bathroom, and (4) three bedroom/ two bathroom units totaling 17,678 square feet situated on a 31,941 square foot lot. Built in 1964, the property offers amenities including on-site laundry facilities, private patios, balconies, and enclosed garages. The property has recently gone through extensive interior and exterior renovations.
This offering represents a rare opportunity for an investor to acquire a Pride of Ownership, stable investment in the desirable rental market of Tustin. The location offers high visibility in an area known for its strong tenancy, good rent growth, and a historically high occupancy rate.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Laundry Community
Exterior
Parking Features Driveway, Garage, On Site, Street
Garage Spaces 12.0
Pool None
Community Features Sidewalks, Storm Drains, Street Lights
Private Pool No
Building
Lot Description Landscaped, Near Public Transit
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.0
TERMS 1031 Exchange,Cash,Cash To New Loan,Conventional,FHA,VA Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent,See Remarks
SHOW CONTACT NAME Greg Bassirpou
SHOW CONTACT PH 7146083255
SHOW INSTRUCTIONS Please do not disturb tenants. Make all offers subject to inspection.
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Bought with CRMLS