NOT LISTED FOR SALE

12534 Cay St Tustin, CA 92780

5 Beds
4 Baths
2,318 Sq Ft
6,534 Sq Ft Lot

Last Sold January 09, 2025

Last sale price $1,332,000 $575 Per Sq Ft

35 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property
  • Red Hill Elementary School Rated A-

About This Home

As of January 2025

Discover potential in this charming duplex at 12532-12534 Cay Street, Tustin. Nestled in a prime location near major freeways, shopping centers, and restaurants, this property offers easy access to everything you need. Each unit has tenants on a month-to-month lease, allowing flexibility for future owners. Though a cosmetic fixer, the duplex provides a unique opportunity to update and add value. With some personal touches and enhancements, you can maximize its rental potential or transform it into a beautiful home for yourself. The spacious lot and versatile layout make it an ideal investment, whether you're a first-time buyer or seasoned investor. Don’t miss out on this rare find in an accessible and desirable Tustin neighborhood! Front of building has tile roof; The rear has composition. Two skylights in rear unit. Each unit has a gas fireplace, gas stove/oven & private backyard. Additional photos to follow.

Last Agent to Sell the Property

Kevin Kott

Kott & Company, Inc. Brokerage Email: kevin@pkrealtors.com License #02089647 Listed on: 11/05/2024

Co-Listed By

Paul Kott

Kott & Company, Inc. Brokerage Email: kevin@pkrealtors.com License #00637576

Last Buyer's Agent

Kimberly Harvey

Seven Gables Real Estate License #01255859

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,318 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 7580
  • Assessor Parcel Number 50101123
  • $696 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,500
  • Trash Expense $100
  • Water Sewer Expense $50
  • Operating Expense $3,650
  • Gross Income $45,600
  • Net Operating Income $27,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

6,534 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 50.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 50101123
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 574.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 27360.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 18240.00
  • Rent Control: No
  • Total Expenses: 3650.00

Tax Info

  • Tax Census Tract: 756.03
  • Tax Lot: 12
  • Tax Tract Number: 7580
  • TaxOtherAnnualAssessmentAmount: 696.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2025 01/09/25 Sold $1,332,000 -4.5% $575 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $1,395,000 -- $602 / 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 $2,531 $172,100 $43,294 $128,806
2024 $2,531 $168,726 $42,445 $126,281
2023 $2,453 $165,418 $41,613 $123,805
2022 $2,398 $162,175 $40,797 $121,378
2021 $2,355 $158,996 $39,997 $118,999
2020 $2,342 $157,366 $39,587 $117,779
2019 $2,297 $154,281 $38,811 $115,470
2018 $2,264 $151,256 $38,050 $113,206
2017 $2,228 $148,291 $37,304 $110,987
2016 $2,194 $145,384 $36,573 $108,811
2015 $2,324 $143,201 $36,024 $107,177
2014 $2,273 $140,396 $35,318 $105,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24228337

California Regional Multiple Listing Service (CRMLS)
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