Tustin, CA 92780,15981 S Myrtle AVE
Tustin, CA 92780,15981 S Myrtle AVE
Tustin, CA 92780,15981 S Myrtle AVE
23
$5,300,000
$5,400,000
1.9%
Est.Price: ?

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17,678 SqFt

15981 S Myrtle AVE Tustin, CA 92780

Est. payment /mo
SOLD DATE : 08/19/2019

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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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CRMLS Plus
Listed by Marcus & Millichap RE Invest
Bought with CRMLS
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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