1042 Andrews St, Tustin, CA 92780
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1042 Andrews St Tustin, CA 92780

$1,250,000 Sold Price as of 11/30/2023
  • 4 Beds
  • 2 Baths
  • 1,764 Sq.Ft.
Sold
$1,250,000 Sold Price as of 11/30/2023 Refinance Your Mortgage

Map preview of 1042 Andrews St, Tustin, CA 92780

Property Overview: 1042 Andrews St Tustin, CA has 4 bedrooms, 2 bathrooms, 1,764 living square feet and 7,775 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Single story duplex with detached units and a small private yard for each home. Ideal for an owner occupied buyer to live in one and rent the other home for additional income. Upside in rents for an investor, no rent increases in the past 12 months. Each unit has a single car garage plus parking in front of the garage on the driveway. Newer roof and vinyl windows throughout. Separate meters for gas and electric. Great central location near shopping, Tustin Civic Center, restaurants, schools, and easy Freeway access.

Listed by Richard Bell | BRE #01344469 | Bell Realty Group
Last checked: 13 minutes ago | Last updated: December 1st, 2023 | Source CRMLS | DOM: 62

Home details

Lot Sq. Ft
7,775
HOA Dues
$0/mo
Year built
1958
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
PW23151393
City
Tustin
County
Orange
Time on Site
263 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $43,200
  • Net Operating Income: $23,220
  • Gross Operating Income: $41,904
  • Vacancy Allowance: $1,296
Annual Expense Breakdown
  • Total Operating Expense: $18,684
  • Licenses: $200
  • New Taxes: $13,083
  • Trash: $400
  • Gardener: $1,000
  • Insurance: $1,100
  • Maintenance: $750
  • Water/Sewer: $1,000
  • Other Expenses: $1,151
  • Other Expense Description: Misc.

Property Details for 1042 Andrews St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 50017116
  • Year Built Source: Assessor
  • Architectural Style: Cottage
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: unknown
  • Directions: West of E. Main st. and South of Newport Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Tustin Agent

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Sale History for 1042 Andrews St

Last sold for $1,250,000 on November 30th, 2023
  • November, 2023

  • Nov 30, 2023

    Date

    Sold

    CRMLS: PW23151393

    $1,250,000

    Price

  • Aug 15, 2023

    Date

    Active

    CRMLS: PW23151393

    $1,215,000

    Price

  • February, 2021

  • Feb 10, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1042 Andrews St

Assessed Value (2020): $56,379
Year Land Value Improved Value Assessed Value
2020 $18,295 $38,084 $56,379

Home Value Compared to the Market

This property vs the competition

1042 Andrews St sold on November 30, 2023 for 12.55% higher than the current median sold price for the city of Tustin which is $1,155,000. The median sold price per/sqft for Tustin is $649 and this home is sold at $736.96 per/sqft which puts the price per square foot 13.55% higher than the current median sale per square foot for the city of Tustin.

About 1042 Andrews St

Detailed summary of property

1042 Andrews St is a duplex that recently sold in Tustin, CA 92780. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,764 living square feet, and sits on an approximately 7,775 square foot lot. 1042 Andrews St was first listed on ArdentRealEstateGroup.com on August 15, 2023. The homeowner sold the property for $1,250,000. Home in Tustin are selling for a median price of $1,155,000 and a median price per square foot of $649. Based on Ardent Real Estate Group's Tustin Market Data, this home is sold 12.55% higher than the current median priced home. Local homes that are currently for sale include 7851 Cypress Dr, 7161 Main St and 7122 Natal Dr. While the average home in Tustin, CA is selling in 23 days, 1042 Andrews St has a days on market of 62 days. There are currently 78 homes for sale in the Tustin real estate market and 34 of them are single family homes while 30 of them are condos and 14 are townhomes. For more information on this home for sale at 1042 Andrews St Tustin, CA 92780 contact Ardent Real Estate Group and we will put you in touch with one of our Tustin agents.

Public Facts for 1042 Andrews St

Public county record property details
Beds
2
Baths
1
Year built
1958
Sq. Ft.
882
Lot Size
7,776
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
17
APN
500-171-16

The source for these homes facts are from public records.

92780 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$780,000
Median List Price/Sq.Ft.
$590
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$624
Total Inventory
40
Median Sale to List Price %
101.27%
Avg Days on Market
16
Loan Type
Conventional (57.14%), FHA (9.52%), VA (0%), Cash (14.29%), Other (19.05%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.