16532 Lorelei Ln Tustin, CA 92780
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
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
Map
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)
MLS Number: OC24206985
APN: 402-271-09
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