NOT LISTED FOR SALE

15592 Pasadena Ave Tustin, CA 92780

9 Beds
4 Baths
4,516 Sq Ft
7,405 Sq Ft Lot

Last Sold January 13, 2022

Last sale price $1,505,000 $333 Per Sq Ft

16 Days on Market

About This Home

As of January 2022

One of the finest apartment building in City of Tustin. It offers 3 units with 2 BD/ 1 Bath and one of them 3 Bd /1 Ba.

Last Agent to Sell the Property

J.R. Shah

Century 21 Discovery License #01116918 Listed on: 11/10/2021

Century 21 Discovery

Last Buyer's Agent

Lily Huang

Real Broker License #02150738

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 4,516 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5060
  • Assessor Parcel Number 40236108
  • $1,284 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $2,400
  • Trash Expense $4,200
  • Water Sewer Expense $3,800
  • New Taxes Expense $16,066
  • Operating Expense $27,666
  • Gross Income $1,200
  • Net Operating Income $45,334

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,405 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3800.00
  • Property Type: Residential Income
  • Parcel Number: 40236108
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 333.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 73000.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 45334.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 27666.00
  • Rent Control: No
  • Total Expenses: 27666.00

Tax Info

  • New Taxes Expense: 16066.00
  • Tax Census Tract: 755.14
  • Tax Lot: 4
  • Tax Tract Number: 5060
  • TaxOtherAnnualAssessmentAmount: 1284.00
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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
01/13/2022 01/13/22 Sold $1,505,000 +0.7% $333 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $1,495,000 -- $331 / 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 $18,968 $1,597,118 $1,384,877 $212,241
2024 $18,123 $1,565,802 $1,357,722 $208,080
2023 $17,679 $1,535,100 $1,331,100 $204,000
2022 $9,877 $800,898 $625,077 $175,821
2021 $9,687 $785,195 $612,821 $172,374
2020 $9,635 $777,144 $606,537 $170,607
2019 $9,416 $761,906 $594,644 $167,262
2018 $9,268 $746,967 $582,984 $163,983
2017 $9,112 $732,321 $571,553 $160,768
2016 $8,956 $717,962 $560,346 $157,616
2015 $9,180 $707,178 $551,929 $155,249
2014 $8,957 $693,326 $541,118 $152,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21246182

California Regional Multiple Listing Service (CRMLS)

APN: 402-361-08

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