15981 S Myrtle Ave
Tustin, CA 92780
Myrtle Avenue Apartments · Multifamily Property For Sale
·
16 Units
Property Facts
| No. Units | 16 | Lot Size | 0.73 AC |
| Property Type | Multifamily | Building Size | 17,678 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.36/1,000 SF |
| Zoning | R3, Tustin | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.73 AC |
| Building Size | 17,678 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | R3, Tustin |
Amenities
Unit Amenities
- Balcony
- Fireplace
- Patio
Site Amenities
- Laundry Facilities
About 15981 S MYRTLE AVE , TUSTIN, CA 92780
Marcus & Millichap is pleased to present for sale the Myrtle Avenue Apartment Homes, a Pride of Ownership, 16 unit multi-family investment property located in the strong rental market of Tustin, California within the Greater Orange County area. The property has a desirable unit mix consisting of (9) two bedroom/ one bathroom units, (1) two bedroom/ one and one half bathrooms units, (2) two bedroom/ two bathroom, and (4) three bedroom/ two bathroom units totaling 17,678 square feet situated on a 31,941 square foot lot. Built in 1964, the property offers amenities including on-site laundry facilities, private patios, balconies, and enclosed garages. The property has recently gone through extensive interior and exterior renovations. This offering represents a rare opportunity for an investor to acquire a Pride of Ownership, stable investment in the desirable rental market of Tustin. The location offers high visibility in an area known for its strong tenancy, good rent growth, and a historically high occupancy rate. **Click below for Marketing Package.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 9 | $1,780 | - |
| 2+2 | 1 | $1,685 | - |
| 3+2 | 6 | $2,048 | - |
Property Taxes
| Parcel Number | 402-133-06 | Improvements Assessment | $892,413 |
| Land Assessment | $5,019,836 | Total Assessment | $5,912,249 |
Property Taxes
