314 Pacific Street Tustin, CA ^$ 2,095,000

314 Pacific Street

^$ 2,095,000

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314 Pacific Street

Tustin, CA, 92780

^$ 2,095,000

Bedrooms5 Baths3.0 Sq 2,600

Monthly Estimate*

^$ 13,924

Listed by David Buster, Broker

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Multi-Family Home for sale in Tustin, CA

for $2,095,000 with 5 bedrooms and 3 full baths. This 2,600 square foot home was built in 1970 on a lot size of 0.1359.

Extremely well cared for duplex in the heart of Old Town Tustin. Make one unit yours and rent out the other! We have on offer a duplex consisting of 1 two bedroom, one bath unit and 1 three bedroom, 2 bath unit. Both units have their own garages, laundry areas and backyards with patios. Each unit is metered for their own gas and electric services, however, there is only one water meter for the entire property. The larger unit has central A/C while the smaller unit has a through-the-wall A/C. Both units are currently rented out but you could live in one unit while you rent out the other! Close to all the wonderful amenities of Down Town Tustin this property is unique with great bones and a fantastic, central Orange County location.

Multi-Family Active

Price

^$ 2,095,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Contemporary

Lot Size

0.1359

Year Built

1970

Town/City

Tustin

County/Region

Orange

MLS | Web ID

OC24101810

Days on Market

Features

General

Interior Features GraniteCounters StoneCounters Storage AllBedroomsDown Attic BedroomonMainLevel MainLevelPrimary

Sewer PublicSewer

Heating ForcedAir

Cooling CentralAir WallWindowUnits

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Possession CloseOfEscrow

Roof Asphalt Shingle

Appliances Dishwasher ElectricRange Disposal GasRange Microwave WaterHeater

HOA 0.0

Garage Spaces 3.0

Architectural Style Contemporary

Pool Features None

Security Features CarbonMonoxideDetectors SmokeDetectors

Construction Materials Stucco

Exclusions Rose Bushes in Front Planters

Year Built 1970

Tenant Pays CableTV Electricity Gas Insurance Repairs Telephone

View None

Stories 1

Levels One

Property SubType Duplex

Gross Income 0.0

Community Features Gutters StormDrains StreetLights Sidewalks

Accessibility None

County Orange

Net Operating Income 55400.82

Operating Expense 14799.1

Insurance Expense 705.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Buyers to participate in seller's 1031 exchange

Subdivision Name Old Towne

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Located on Pacific Street in-between Main Street & 1st

City Tustin

Disclosures SellerWillPaySec1Termite

Entry Location Front Door

View Y/N N

Senior Community Y/N N

Open Parking Spaces 3.0

NumberOfUnitsTotal 2

MLS Area 71 - Tustin

Lot Size Units SquareFeet

Lot Size Square Feet 5920.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 2

Listing Terms Cash Conventional FHA VALoan

Spa Features None

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Property Condition Turnkey

Trash Expense 477.6

Water Sewer Expense 1585.1

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 15

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 16

Total Actual Rent 5850.0

Property Sub Type Additional Duplex

Interior

Flooring Carpet Tile Vinyl

Fireplace Features FamilyRoom

Total Stories 1

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features DoublePaneWindows

Fireplace Y/N Y

Laundry Features LaundryCloset InGarage

Entry Level 1

Electric On Property Y/N N

Exterior

Fencing Wood

Parking Features Assigned Concrete DoorMulti DoorSingle Driveway Garage GarageDoorOpener PermitRequired

Lot Features BackYard SprinklersInFront Lawn SprinklerSystem

Water Source Public

Total Parking 6.0

Lot Size Area 5920.0

Foundation Details Slab

Number of Buildings 1

Spa N

Building Area Total 2600.0

Lot Size Acres 0.1359

Road Surface Type Paved

Lot Size Source Assessor

Door Features SlidingDoors

Number of Separate Water Meters 0

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 314

* Excluded Features

List By

David Buster, Broker

Broker

(714) 836-1968

Phone

Affordability Calculator

$13,924

Per Month

Monthly Principal & Interest: $13,924
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Tustin, CA

Average List Price ^$2,257,500

Percent of Sale Price 8%

About Tustin, CA

84,576 Population

24% Since 2002

^$77,533 Median Income

36.38 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/4/2024	$2,095,000	-5.84%	Price Down
5/28/2024	$2,225,000	-10.82%	Price Down
5/20/2024	$2,495,000		Listed Price

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314 Pacific Street, Tustin, CA, 92780 is a Multi-Family Home for sale at $2,095,000 with 2,600 sqft and a lot size of 0.1359. 314 Pacific Street has 5 bedrooms, 3.0 baths, and was built in 1970. The property's zip code is 92780 which is in Tustin, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/19/2024. 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.

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314 Pacific Street

Multi-Family Home for sale in Tustin, CA

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