15825 S MYRTLE AVENUE, TUSTIN CA 92780
- 3,130 sq.ft.
- 7,841 sq.ft. lot
Rare opportunity to own a turn key multifamily asset in Tustin. Major renovation completed on all interiors so maintenance costs are minimal. 2022 financials demonstrated an amazing 4.7% cap rate - in progress rent increases will push this to 5.0% (proforma 5.6%). Strong rental area walking distance to commercial corridor (walk score 76). This is the only multifamily property for sale in the area. Pride of ownership in this triplex building. No expense spared in building remodel. Spacious units feature patios and balconies. New shower and tub surrounds, new windows, new flooring, new doors, new cabinets, quartz countertops, undermount sinks, garbage disposals, security doors, new FAU’s, paint, ceiling fans… even the exterior stairs have been rebuilt. Building has been replumbed with PEX. Private garages for each unit, plus one extra. Corner location provides for an extra large parking lot. Onsite coin-op laundry room drives additional income for owner. Private storage room for owner use. Drive by only! Do not disturb tenants.
Listing Courtesy of Kristine Kurz, Real Estate Ebroker Inc
raj qsarCEO | Owner |
- cell 714.412.5019
- office 949.612.2535
Based on information from California Regional Multiple Listing Service, Inc. as of January 24, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.