549 N Tustin Avenue, Santa Ana, CA 92705
549 N Tustin Avenue, Santa Ana, CA 92705
549 N Tustin Avenue, Santa Ana, CA 92705
10
See all 10 photos
$2,540,000
Est. payment /mo
Save
4 Beds
4 Baths
8.42 Acres Lot
New

549 N Tustin Avenue Santa Ana, CA 92705

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jesse Ibanez

Jesse Ibanez

+1(858) 337-2796

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Chestnut Square (Chsq)

MLS Listing ID PW26219588

Bedrooms 4

Lot Size 8.421 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Excellent opportunity to acquire a 10-unit multifamily building on the border of Santa Ana and Tustin. Located at 549 N Tustin Ave, this multifamily asset was built in 1976. It offers ten large and well maintained 1 bedroom + 1 bathroom units. The building boasts a total of 7,040 gross rentable square feet and is part of a community of 35 similar buildings. The complex is managed by an HOA which staffs an on-site management office. Gated access, two pool areas, a large playground, off-street parking and on-site laundry facilities make the property particularly appealing for renters and landlords. The property conveniently located right on the border of Santa Ana and Tustin with onramps to both the 55 and 5 freeways a couple of minutes away. The property is walking distance to Subway Restaurant, Country Caf, Noodle Place and more. Just to the North of the property are multiple hospitals and medical clinics offering convenient care and job opportunities. Sports fans will find the location particularly appealing due to its convenient location about fifteen minutes by car to The Honda Center and Angel Stadium. For the right investor, this multifamily asset represents a the perfect opportunity to generate years of steady cash flow with minimal management or maintenance responsibilities. With the HOA handling management, maintenance and leasing this is the perfect passive investment for an owner who is looking for a completely hands-off ownership experience. As units turn over, the upside in rental income will be easily achievable.

Location

State CA

County Orange

Zoning Public Rec

Direction From Civic Center Drive turn North onto Spurgeon St.

Interior

Fireplace No

Exterior

Pool Below Ground, Community/Common

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 93071523

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by Justin White, DRE#01267826 Justin White 

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Jesse Ibanez

Jesse Ibanez

Agent License ID: 01405643

+1(858) 337-2796

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from The GreenHouse Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

549 N Tustin Avenue

QUICK SEARCH
There are 22 quick searches