Seller's Agent in 2024
Margaret Van Herk
Seven Gables Real Estate
(714) 968-4456
3 in this area
54 Total Sales
16532 Lorelei Ln Tustin, CA 92780
5
Beds
5
Baths
2,631
Sq Ft
6,970
Sq Ft Lot
Highlights
- Traditional Architecture
- High Ceiling
- Private Yard
- Foothill High School Rated A
- Quartz Countertops
- No HOA
About This Home
As of December 2024Perfect Investment Opportunity! Rare Tustin Duplex on a nice cul-de-sac. This is a great opportunity to start or build your portfolio, or for the owner occupant with this great floorplan. Front unit is a large 3 bed 2.5 bath two story unit with private entry. Large patio off dining area, fireplace in living room, raised ceilings and a 2 car attached garage. Second unit is a large single story 2 bed 2 bath with a patio and a large wrap around yard. The unit is light and bright. Tile floors, vaulted ceilings, and a cozy fireplace make this a very desirable home for someone. It offers lots of privacy.
Lots to explore in nearby Old Towne Tustin. Convenient location near the 5 and 55 freeways.
Last Agent to Sell the Property
Seven Gables Real Estate Brokerage Phone: 714-356-8453 License #00702474 Listed on: 10/11/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 6,970 Sq Ft Lot
- 1 Common Wall
- Cul-De-Sac
- Wood Fence
- Landscaped
- Level Lot
- Private Yard
- Lawn
- Back and Front Yard
Parking
- 4 Car Direct Access Garage
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 2,631 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Double Pane Windows
- Sliding Doors
- Living Room with Fireplace
- Tile Flooring
- Neighborhood Views
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 7
- Tax Tract Number 10029
- Assessor Parcel Number 40227109
- $696 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $2,121
- Insurance Expense $1,800
- Pest Control $375
- Trash Expense $716
- Water Sewer Expense $1,396
- Operating Expense $6,408
- Net Operating Income $60,792
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/09/2024 12/09/24 | Sold | $1,225,000 | -4.7% | $466 / Sq Ft |
| 11/19/2024 11/19/24 | Pending | -- | -- | -- |
| 10/11/2024 10/11/24 | For Sale | $1,285,000 | +56.7% | $488 / Sq Ft |
| 08/21/2016 08/21/16 | Sold | $820,000 | -2.9% | $312 / Sq Ft |
| 06/09/2016 06/09/16 | Pending | -- | -- | -- |
| 03/04/2016 03/04/16 | For Sale | $844,900 | +28.0% | $321 / Sq Ft |
| 11/19/2015 11/19/15 | Sold | $660,000 | 0.0% | $251 / Sq Ft |
| 08/25/2015 08/25/15 | Pending | -- | -- | -- |
| 08/25/2015 08/25/15 | Off Market | $660,000 | -- | -- |
| 08/12/2015 08/12/15 | Price Changed | $684,000 | -2.1% | $260 / Sq Ft |
| 07/18/2015 07/18/15 | Price Changed | $699,000 | -5.1% | $266 / Sq Ft |
| 06/13/2015 06/13/15 | For Sale | $736,900 | -- | $280 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Margaret Van Herk
-
Drew Van Herk
Seller Co-Listing Agent in 2024
Drew Van Herk
Seven Gables Real Estate
(714) 356-0140
2 in this area
53 Total Sales
-
Hannah Pham
H
Buyer's Agent in 2024
Hannah Pham
Sunshine Real Estate Services
1 in this area
11 Total Sales
-
John Fries
J
Seller's Agent in 2016
John Fries
California Coastal Realty, LLC
(714) 318-1878
1 in this area
7 Total Sales
-
Claudette Withers
C
Seller's Agent in 2015
Claudette Withers
NuVision Properties
(714) 925-8832
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24206985
APN: 402-271-09
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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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