NOT LISTED FOR SALE

15661 S B St Tustin, CA 92780

12 Beds
6 Baths
7,203 Sq Ft
0.25 Acres

Last Sold March 14, 2014

Last sale price $1,250,000 $174 Per Sq Ft

3 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Turnkey
  • No HOA
  • Forced Air Zoned Heating and Cooling System
  • Carpet

About This Home

As of March 2014

6 UNITS APARTMENTS IN NICE TUSTIN AREA. POTENTIAL RENT INCREASE.

Last Agent to Sell the Property

Suehwa Liu

AWJ Investment Group Inc License #01036970 Listed on: 12/08/2013

Last Buyer's Agent

Suehwa Liu

AWJ Investment Group Inc License #01036970 Listed on: 12/08/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Private Yard

Parking

  • 8 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 7,203 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Carpet
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 99
  • Tax Tract Number 793
  • Assessor Parcel Number 40233305

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $840
  • Insurance Expense $1,780
  • Maintenance Expense $3,000
  • Pest Control $528
  • Professional Management Expense $3,972
  • Trash Expense $1,332
  • Water Sewer Expense $1,800
  • New Taxes Expense $13,750
  • Gross Income $82,800
  • Net Operating Income $52,404

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 4.20
  • Professional Management Expense: 3972.00
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1800.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 40233305
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 173.54
  • Room Type: All Bedrooms Up
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • Fencing: Block
  • Pool Private: No
  • Roof: Tar/Gravel
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Pest Control Expense: 528.00
  • Trash Expense: 1332.00
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 840.00
  • Gross Income: 82800.00
  • Gross Multiplier: 15.00
  • Gross Scheduled Income: 82800.00
  • Insurance Expense: 1780.00
  • Lot Size Area: 10890.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 52404.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 30396.00
  • Rent Control: Yes
  • Total Actual Rent: 6900.00
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Lot: 99
  • Tax Tract Number: 793
  • Tax Year: 2012

Range of Values:

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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 Change Sq Ft Price
03/14/2014 03/14/14 Sold $1,250,000 0.0% $174 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
12/08/2013 12/08/13 For Sale $1,250,000 -- $174 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Suehwa Liu

    Seller's Agent in 2014

    Suehwa Liu

    AWJ Investment Group Inc

    (714) 335-4608

    6 Total Sales

    Suehwa Liu
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13246078

California Regional Multiple Listing Service (CRMLS)

California Orange County Tustin 92780

15661 S B St, Tustin, CA

This home is located at 15661 S B St, Tustin, CA 92780 since 08 December 2013. This property was built in 1971. 15661 S B St is a home located in Orange County with nearby schools including Benjamin F. Beswick Elementary School, Sycamore Magnet Academy, and Tustin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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