Address
531 N Tustin Avenue # 2 Santa Ana, CA
Price
$ 1,250,000
Property Attributes
  • MLS#DW21047397
  • TypeIncome
  • CountyORANGE
  • CitySanta Ana
  • AreaSanta Ana North of First
  • NeighborhoodOther
  • Zip92705
  • StyleApartment
  • Price$ 1,250,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size8.4 Acres
Listing Provided Courtesy Of:
Tony Regazzi with Keller Williams Realty Brea/Fullerton.
Data Source:
CRMLS
Property Description

Rarely available building in the Village Apartments, HOA. Tenants pay for all utilities and HOA pays for insurance and manages/leases the apartments. Rents are slightly under market, and cash flows well. Building contains 6 1 bedroom/1 bath units (originally studios, now with pony walls), with tuck under carports. Unique hands free opportunity. Only items owner pays is taxes and any repairs. Close to 55/22 freeways. Don't miss this great opportunity!

Price History
3/7/2021 Listed $1,250,000

General Features

Association Amenities Management, Playground, Pool, Pet Restrictions, Spa/Hot Tub, Trash, Water
Association Fee Includes Sewer
Association Y/N Yes
Carport Spaces 13
Carport Y/N Yes
Community Features Suburban, Gated, Pool
MLS Area 70 - Santa Ana North of First
Parking Features Carport
Pool Features Community, Association
Property Attached Y/N Yes
Property SubType Apartment
Property Type Residential Income
Security Features Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Sewer Public Sewer
Subdivision Name Other (OTHR)
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Total Actual Rent 8175
Total Units 6
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior Features

Common Walls 2+ Common Walls, No One Below
Laundry Features Common Area

Exterior Features

Lot Features Over 40 Units/Acre
Lot Size Acres 8.4
Lot Size Area 365765
Lot Size Source Other
Lot Size Square Feet 365765
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 1
Road Frontage Type City Street
Total Parking 13
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92705

Price
AVG $1.25M
$1.25M
Visits
AVG 1
10
Year Built
AVG 1970
1970

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