NOT LISTED FOR SALE

15825 S Myrtle Ave Tustin, CA 92780

7 Beds
5 Baths
3,130 Sq Ft
7,841 Sq Ft Lot

Last Sold March 08, 2023

Last sale price $1,395,000 $446 Per Sq Ft

18 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Wall Furnace
  • No HOA

About This Home

As of March 2023

Rare opportunity to own a turn key multifamily asset in Tustin.

Last Agent to Sell the Property

Kristine Kurz

Real Estate Ebroker Inc License #02042035 Listed on: 01/05/2023

Real Estate Ebroker Inc

Last Buyer's Agent

Heidi Jin

JC Pacific Capital Inc. License #02065113

JC Pacific Capital Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 3,130 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 4441
  • Assessor Parcel Number 40212205

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Fuel Expense $780
  • Gardener Expense $720
  • Insurance Expense $784
  • Pest Control $600
  • Trash Expense $692
  • Water Sewer Expense $1,200
  • Operating Expense $17,559
  • Gross Income $85,056
  • Net Operating Income $67,497

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.00
  • Price Per Unit: 466333
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 40212205
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 445.69

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Pest Control Expense: 600.00
  • Sewer: Public Sewer
  • Trash Expense: 692.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800
  • Latitude Manual: 33.73343500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 300.00
  • Fuel Expense: 780.00
  • Gross Income: 85056.00
  • Gross Scheduled Income: 85056.00
  • Insurance Expense: 784.00
  • Laundry Income: 150.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 67497.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 17559.00
  • Other Expense Description: Upon Req
  • Rent Control: Yes
  • Total Actual Rent: 85056.00
  • Total Expenses: 17559.00

Tax Info

  • Tax Census Tract: 755.17
  • Tax Lot: 10
  • Tax Tract Number: 4441

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 List to Sale Price per Sq Ft Prior Sale
03/08/2023 03/08/23 Sold $1,395,000 -0.3% $446 / Sq Ft
01/05/2023 01/05/23 For Sale $1,399,000 +39.8% $447 / Sq Ft
05/24/2021 05/24/21 Sold $1,001,000 +8.2% $320 / Sq Ft View Prior Sale
04/19/2021 04/19/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $925,000 -7.6% $296 / Sq Ft
04/15/2021 04/15/21 Off Market $1,001,000 -- --
03/25/2021 03/25/21 For Sale $925,000 +16.5% $296 / Sq Ft
06/11/2015 06/11/15 Sold $794,000 -0.6% $254 / Sq Ft View Prior Sale
05/07/2015 05/07/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $799,000 -- $255 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kristine Kurz

    Real Estate Ebroker Inc

    (760) 458-3514

    3 in this area

    27 Total Sales

    Kristine Kurz
    Section Image

  • H

    Buyer's Agent in 2023

    Heidi Jin

    JC Pacific Capital Inc.

    Section Image
  • Brad New

    Seller's Agent in 2021

    Brad New

    Vanguard Property Group

    (714) 446-0100

    1 in this area

    29 Total Sales

    Brad New
    Section Image

  • M

    Seller's Agent in 2015

    Michael Arp

    Investment Capital Real Estate

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23002139

California Regional Multiple Listing Service (CRMLS)

APN: 402-122-05

California Orange County Tustin 92780

15825 S Myrtle Ave, Tustin, CA

This home is located at 15825 S Myrtle Ave, Tustin, CA 92780 since 05 January 2023. This property was built in 1963. 15825 S Myrtle Ave is a home located in Orange County with nearby schools including Sycamore Magnet Academy, Tustin High School, and St. Cecilia Elementary 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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