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15601 Tustin Village WAY Tustin, CA 92780
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Key Details
Sold Price $20,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 54,864 sqft
Price per Sqft $366
MLS Listing ID OC21203705
Sold Date 12/03/21
HOA Y/N No
Year Built 1967
Lot Size 1.570 Acres
Acres 1.57
Property Description
Holiday Garden Apartments is a 58-unit multifamily investment property located at 15601 Tustin Village Way, Tustin, CA. This is a unique and rare opportunity to acquire a 50+ unit asset in Tustin, a submarket with limited historical transactional velocity. Holiday Garden Apartments offers 54,864 net rentable square feet and features an attractive unit mix of 34, one-bedroom units and 24, two-bedroom units. The property offers a fantastic amenity package including controlled access, uncovered, tuck-under, and carport parking, on-site laundry, and a sparkling swimming pool. Unit amenities include modern finishes with smooth ceilings, private patios and balconies, recessed lighting, hardwood and tile flooring, air conditioning, and ceiling fans. Holiday Garden Apartments sits in a quiet area, nestled in an established family neighborhood. The property is situated in close proximity to Interstate 5 and State Route 55, providing residents with convenient access to employment hubs throughout Orange County. Additionally, Fourth Street Santa Ana, The Market Place, and The District at Tustin Legacy are all located within a 3-mile radius of the property.
Location
State CA
County Orange
Area 699 - Not Defined
Rooms
Ensuite Laundry CommonArea
Interior
Laundry Location CommonArea
Fireplace No
Laundry CommonArea
Exterior
Pool Community
Community Features Curbs, Sidewalks, Pool
Private Pool No
Building
Lot Description Landscaped, Level
Story 2
Entry Level Two
Sewer PublicSewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 40229108
Energy Description 16197.0
Acceptable Financing CashtoNewLoan, Item1031Exchange
Listing Terms CashtoNewLoan, Item1031Exchange
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Tyler Leeson • Marcus & Millichap RE Invest