1042 San Juan St Tustin, CA 92780
Estimated payment $36,000/month
Highlights
- New Construction
- No HOA
- Central Heating and Cooling System
- 0.41 Acre Lot
- Laundry Room
- Turnkey
About This Home
Welcome to 1042 San Juan Street – A Modern Oasis in the Heart of Tustin! Step into luxury with this exquisite, brand-new multi-unit property, perfectly situated on an expansive 18,000 sq.ft. lot in one of Tustin's most coveted neighborhoods. This stunning residence boasts a remarkable 11,800 sq.ft. of living space and features five brand new built units alongside a beautifully existing remodeled single-level home—ideal for families and professionals alike. Each of the four three-level townhouse-style homes offers a generous 2,000 sq.ft. layout, complete with three spacious bedrooms plus an office, and three-and-a-half bathrooms, perfect for remote work or study. Imagine entertaining guests or enjoying quiet evenings on your large second-floor balcony that invites the gentle breeze and sunshine into your life. At the forefront of this impressive property are two standalone residences, each featuring four bedrooms and three bathrooms. With private front and side yards that provide a serene escape from the hustle and bustle, these homes offer unparalleled privacy—no walls attached to neighbors means peace is just steps away. Every unit has been thoughtfully designed using high-quality materials that complement the soaring ceilings and functional floorplans tailored for modern living. The open-concept layouts are flooded with natural light through expansive windows, creating warm and inviting spaces perfect for both relaxation and productivity. Each kitchen is a chef's dream with ample counter space, abundant storage options, and elegant finishes—a perfect setting for culinary creativity! All units come with a 2 car-garage and they are all separately metered. Located just off Newport Avenue near major freeways (5 & 55), this prime location puts you within easy reach of Old Towne Tustin’s charming boutiques, delicious local eateries, Tustin Plaza shopping center, OC Library, Tustin High School, grocery markets—and so much more! This extraordinary property not only redefines modern living but also offers an exceptional investment opportunity in one of Orange County's most desirable locales. Contact us today to schedule your private tour or inquire about availability—your dream home awaits!**
Listing Agent
Shinn Real Estate Group Brokerage Phone: 310-968-3898 License #01755855 Listed on: 06/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,344
Year Built
- Built in 2025 | New Construction
Lot Details
- 0.41 Acre Lot
- No Common Walls
- Rectangular Lot
- Paved or Partially Paved Lot
Parking
- 4 Open Parking Spaces
- 12 Car Garage
Home Design
- Turnkey
Interior Spaces
- 11,800 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 20 Bedrooms
- 22 Bathrooms
Utilities
- Central Heating and Cooling System
- Private Water Source
- Septic Type Unknown
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 8 / A
- Tax Tract Number 465
- Assessor Parcel Number 50015318
- $1,205 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 6 Units
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Gardener Expense $2,400
- Gross Income $360,000
- Net Operating Income $357,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $16,344 | $1,422,018 | $1,263,085 | $158,933 |
| 2023 | $15,911 | $1,394,136 | $1,238,319 | $155,817 |
| 2022 | $15,143 | $1,366,800 | $1,214,038 | $152,762 |
| 2021 | $12,270 | $1,100,000 | $952,022 | $147,978 |
| 2020 | $10,707 | $936,360 | $841,556 | $94,804 |
| 2019 | $10,443 | $918,000 | $825,054 | $92,946 |
| 2018 | $10,273 | $900,000 | $808,876 | $91,124 |
| 2017 | $8,850 | $766,310 | $670,516 | $95,794 |
| 2016 | $8,693 | $751,285 | $657,369 | $93,916 |
| 2015 | $8,771 | $740,000 | $647,494 | $92,506 |
| 2014 | $1,568 | $82,156 | $37,832 | $44,324 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | For Sale | $6,200,000 | +362.7% | $525 / Sq Ft |
| 02/17/2021 02/17/21 | Sold | $1,340,000 | -13.5% | $725 / Sq Ft |
| 08/02/2020 08/02/20 | Pending | -- | -- | -- |
| 05/13/2020 05/13/20 | For Sale | $1,550,000 | +109.5% | $839 / Sq Ft |
| 10/10/2014 10/10/14 | Sold | $740,000 | -1.3% | $460 / Sq Ft |
| 08/18/2014 08/18/14 | Pending | -- | -- | -- |
| 07/08/2014 07/08/14 | For Sale | $750,000 | -- | $466 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,340,000 | Stewart Title | |
| Grant Deed | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $740,000 | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $716,777 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25136406
APN: 500-153-18
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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