164 Preble Drive Active Save Request In-Person Tour Request Virtual Tour
Tustin,CA 92780
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $513
MLS Listing ID OC-24214946
Style Traditional
Year Built 1964
Lot Size 0.537 Acres
Property Description
TWO RARE TUSTIN FOURPLEXS ON TWO SEPARATE HUGE LOTS, CONVENTIONAL CONFORMING FINANCING (2 separate loans) - TWO SEPARATE PROPERTIES BEING SOLD TOGETHER; each property will qualify for it's own financing no commercial loan necessary!!! 164 Preble Drive (APN 401-591-14) and 172 Preble Drive (APN 401-591-15); Approximately 23,387 square feet (over a half acre) according to county records. Close to Police Station, Library, Community Center, Old Towne Tustin, City Cultural and Administrative Centers, Food, Stores, and Restaurants; lots to explore and all within walking distance. Each property is comprised of 4 two bedroom one bath units (approximately 900 sqft each), 4 garage spaces, laundry room, and 6 open parking spaces (Total of 8 units, 8 garage spaces, 2 laundry rooms, and 12 open parking spaces). Each unit has a large enclosed patio off the dining area and a wood burning fireplace. Upside in rents, current rents shown go into effect March 1, 2025. Laundry rooms are currently on month-to-month lease so new owner can negotiate a new contract with laundry company or put own machines in for even more income. Separately metered for electric, no gas, all units are 100% electric. Both buildings have been repiped with pex and have had the roof replaced in the last 10 years. Convenient location near the 5 and 55 freeways.
Location
State CA
County Orange
Interior
Heating Fireplace(s)
Cooling Wall/Window Unit(s)
Flooring Carpet,Laminate,Vinyl
Fireplaces Type Living Room
Laundry Common Area,Community,Electric Dryer Hookup,Individual Room,Inside,Washer Hookup
Exterior
Exterior Feature Lighting,Rain Gutters
Parking Features Garage,Garage Door Opener,Private,Tandem Garage,Assigned,Built-In Storage
Garage Spaces 8.0
Pool None
Community Features Curbs,Gutters,Sidewalks,Street Lights,Suburban
Utilities Available Sewer Connected,Water Connected,Cable Available,Electricity Connected,Phone Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer