164 Preble Drive, Tustin, CA 92780
Local realty services provided by:ERA North Orange County Real Estate
164 Preble Drive,Tustin, CA 92780
$3,700,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:jay johnson
Office:asm investments
MLS#:OC24214946
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,700,000
About this home
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.
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Home facts
- Listing ID #:OC24214946
- Added:350 day(s) ago
- Updated:October 04, 2025 at 01:49 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
- Heating:Fireplace
Structure and exterior
- Roof:Composition
Finances and disclosures
- Price:$3,700,000
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