18281 Plaza Way Tustin, CA ^$ 2,050,000

18281 Plaza Way

^$ 2,050,000

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Recently Listed

18281 Plaza Way

Tustin, CA, 92780

^$ 2,050,000

Studio Baths2.0 Sq 4,379

Monthly Estimate*

^$ 12,944

Listed by Sunny Hills Real Estate, Inc.

Studio

Multi-Family Home for sale in Tustin, CA

for $2,050,000 with 2 full baths. This 4,379 square foot home was built in 1977 on a lot size of 0.19.

Exceptional investment opportunity featuring a desirable Covington-style fourplex within the acclaimed Foothill high school attendance area. This well-maintained property is ideal for long-term investors or 1031 Exchange replacement property. The property offers an attractive unit mix consisting of One spacious 3-bedroom/ 2 bath unit,and 0ne 2bed/2bath units are located on the ground level, another Two units are located upstairs, providing a practical and desirable layout for tenants. All units have been remodeled and feature hardwood flooring, updated cabinetry, granite counter tops and upgraded bathrooms with quality finishes through. Private patio or balcony for every unit One 3 bedroom/2 bath unit with 2 car garages. Three 2 Bedroom / 2 Bath units with 1 -car garage and one assigned uncovered parking space each. This property offers strong tenant demand and excellent long-term appreciation potential in one of Tustin's most desirable rental market.

Multi-Family Active

Price

^$ 2,050,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.19

Year Built

1977

Town/City

Tustin

County/Region

Orange

MLS | Web ID

PW26134650

Days on Market

Features

General

Sewer Public Sewer

Appliances Dryer

Garage Spaces 5

Pool Features None

Year Built 1977

Property Subtype Quadruplex

Gross Income 127800

Community Features Gutter(s)

HOA Fee 2 970.44

County Orange

Net Operating Income 102301

Operating Expense 25499

Insurance Expense 5148

New Construction false

Property Type Residential Income

MaintenanceExpense 60

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions E/ Holt N/ Irvine Blvd. TG 830-C2

City Tustin

Association Name TustinPlaza Apartment Assn.

Entry Location 0

Senior Community Y/N false

Number Of Units Total 4

MLS Area NTS - North Tustin

Lot Size Units Square Feet

Lot Size Square Feet 8276

Number of Units Leased 4

Listing Terms Cash Cash to New Loan 1031 Exchange

HOA Fee 2 Frequency Quarterly

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 1711

Water Sewer Expense 3396

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 44

Total Actual Rent 10350

Property Sub Type Additional Quadruplex

Taxes 10164

Interior

Total Stories 2

Common Walls 1 Common Wall

Laundry Features Common Area

Entry Level 0

Exterior

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 5

Lot Size Area 8276

Number of Buildings 1

Building Area Total 4379

Lot Size Acres 0.19

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

* Excluded Features

List By

Sunny Hills Real Estate, Inc.

Broker

Leekam47@gmail.com

Affordability Calculator

$12,944

Per Month

Monthly Principal & Interest: $12,944
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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 ^$2,346,250

Percent of Sale Price 14%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/23/2026	$2,050,000		Listed Price

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18281 Plaza Way, Tustin, CA, 92780 is a Multi-Family Home for sale at $2,050,000 with 4,379 sqft and a lot size of 0.19. 18281 Plaza Way is a studio with 2.0 baths and was built in 1977. 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 6.49% 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 6/25/2026. 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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18281 Plaza Way

Multi-Family Home for sale in Tustin, CA

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