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Listed by Justin White • Justin White
$ 1,650,000
Est. payment /mo
New
419 North Tustin Avenue Anaheim, CA 92807
6 Beds
4 Baths
3,480 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,480 sqft
Price per Sqft $474
MLS Listing ID PW-25178180
Bedrooms 6
Full Baths 4
Year Built 1964
Lot Size 10,454 Sqft
Property Sub-Type Quadruplex
Property Description
419 N Tustin Ave represents the opportunity to acquire a rare legacy asset in an excellent Orange County submarket. This well maintained 4-unit multifamily property is positioned in a prime location right on the border of the affluent communities of Orange and Anaheim Hills. Built in 1964, the building boasts an impressive 3,413 rentable square feet and is situated on a very large 9,737 square foot lot. In addition to the location, the property has a few characteristics that make it unique. The unit mix comprises of (2) 2 bed + 2 bath units averaging 1,000 SF and (2) 1 bed + 1 bath units averaging slightly more than 700 SF. There are 5 covered parking spaces and 5 open tandem spaces accommodating a total of 10 vehicles. There are also large storage rooms in the parking area that tenants can utilize. A significant amount of work has been done to upgrade the property including a newer roof, paint, stucco, dual pane windows and upgraded electrical panels. Three out of four units are rented to long term tenants. The fourth unit has undergone a complete renovation and will be delivered vacant at close of escrow providing flexibility for a buyer to either immediately move in or rent it for top of market rent.
Location
State CA
County Orange
Area 64 - Garden Grove E Of Euclid, W Of Harbor
Zoning RM
Interior
Interior Features Balcony, Ceiling Fan(s)
Cooling None
Fireplaces Type None
Laundry None
Exterior
Garage Spaces 5.0
Pool None
Community Features Suburban
View Y/N No
View None
Building
Lot Description Yard, 2-5 Units/Acre
Sewer Public Sewer