Anaheim, CA 92807,419 N Tustin AVE
Anaheim, CA 92807,419 N Tustin AVE
Anaheim, CA 92807,419 N Tustin AVE
Anaheim, CA 92807,419 N Tustin AVE
Anaheim, CA 92807,419 N Tustin AVE
Anaheim, CA 92807,419 N Tustin AVE
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$1,300,000

$1,350,000

3.7%
Est.Price: ?

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Est. payment /mo

10,454 Sqft Lot


SOLD DATE : 07/25/2024

Key Details

Sold Price $1,300,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision ,/

MLS Listing ID SB24139981

Sold Date 07/25/24

HOA Y/N No

Year Built 1964

Lot Size 10,454 Sqft

Property Description

We are pleased to present, for the first time in almost 40 years, the opportunity to acquire 419 N Tustin Ave. Built in 1964, this well-maintained 4-unit apartment complex is 3,480 square feet situated on a massive 10,454 square foot lot. Bordering Anaheim Hills and the City of Orange, this property benefits from convenient access to local amenities and transportation hubs, including major employment centers and recreational facilities.

The subject property is comprised of (2) 2-bed, 2-bath single-story units, each featuring only one shared wall and private patios, providing a sense of privacy and comfort for tenants. Additionally, there are two 1-bed, 1-bath units located above the carports, also with only one shared wall. Gas and electricity are separately metered for each unit, ensuring straightforward utility management. The property provides ample parking with five (5) carport spaces and five (5) uncovered tandem spaces, each equipped with storage rooms. There is an on-site laundry facility for the tenant's convenience. Exterior renovations include a brand-new roof, new windows, paint, plus much more. Interior renovations include 3 of the 4 units kitchens have been remodeled with new cabinets and countertops and new subpanels.

419 N Tustin Ave provides an investor with the opportunity to own an improved asset in one of the most desired rental neighborhoods and fastest growing markets in Southern California. The asset offers strong in-place income providing resistance to statewide rent control and has over 25% potential rental upside.

Location

State CA

County Orange

Area 78 - Anaheim East Of Harbor

Zoning RM-4

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Garage Carport

Carport Spaces 5

Pool None

Community Features Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 36026403

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Christopher Van Vuuren • Lyon Stahl Investment Real Estate, Inc. • 714-655-0098
Bought with Christopher Van Vuuren • Lyon Stahl Investment Real Estate, Inc.
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