Seller's Agent in 2017
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
4 in this area
156 Total Sales
1132 Bryan Ave Tustin, CA 92780
3
Beds
2
Baths
77,223
Sq Ft
7.13
Acres
Highlights
- 310,365 Sq Ft lot
- Landscaped
- 5-minute walk to Pine Tree Park
- Community Pool
About This Home
As of April 2017Palm Gardens Apartment Homes is a 92-unit multifamily community located in Tustin, California. Situated on a sizeable and well-maintained 7.125-acre lot, the property consists of 23, single-story garden-style apartment buildings with attractive community amenities. The amenity package includes ample parking, a large laundry facility and leasing office, a sparkling pool and private patios.
Last Agent to Sell the Property
Marcus & Millichap RE Invest License #01451551 Listed on: 09/07/2016
Last Buyer's Agent
Marcus & Millichap RE Invest License #01451551 Listed on: 09/07/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7.13 Acre Lot
- No Common Walls
- Landscaped
- 500-164-02 through 500-164-23
Parking
- 92 Open Parking Spaces
- 92 Car Garage
Home Design
- 77,223 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 44
- Tax Tract Number 5390
- Assessor Parcel Number 50016401
Community Details
Overview
- 23 Buildings
- 92 Units
Recreation
- Community Pool
Building Details
- Electric Expense $52,429
- Insurance Expense $20,700
- Maintenance Expense $64,400
- Professional Management Expense $53,074
- Trash Expense $52,429
- Water Sewer Expense $52,429
- New Taxes Expense $347,697
- Operating Expense $847,190
- Gross Income $148,895
- Net Operating Income $910,111
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2017 04/28/17 | Sold | $27,500,000 | -4.8% | $356 / Sq Ft |
| 01/26/2017 01/26/17 | Pending | -- | -- | -- |
| 10/31/2016 10/31/16 | Price Changed | $28,900,000 | -3.7% | $374 / Sq Ft |
| 09/07/2016 09/07/16 | For Sale | $29,995,000 | -- | $388 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $16,987 | $1,488,311 | $1,350,317 | $137,994 |
| 2024 | $16,987 | $1,459,129 | $1,323,840 | $135,289 |
| 2023 | $16,569 | $1,430,519 | $1,297,882 | $132,637 |
| 2022 | $16,314 | $1,402,470 | $1,272,433 | $130,037 |
| 2021 | $15,990 | $1,374,971 | $1,247,483 | $127,488 |
| 2020 | $15,907 | $1,360,873 | $1,234,692 | $126,181 |
| 2019 | $15,524 | $1,334,190 | $1,210,483 | $123,707 |
| 2018 | $15,274 | $1,308,030 | $1,186,748 | $121,282 |
| 2017 | $15,540 | $1,331,814 | $1,202,034 | $129,780 |
| 2016 | $2,428 | $109,874 | $32,672 | $77,202 |
| 2015 | $2,706 | $108,224 | $32,181 | $76,043 |
| 2014 | $2,655 | $106,105 | $31,551 | $74,554 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Leeson
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16196862
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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