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1062 Irvine Blvd, Tustin, CA 92780
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1062 Irvine Blvd Tustin, CA 92780

$1,532,000 Sold Price as of 01/17/2023
  • -- Beds
  • -- Baths
  • 1,500 Sq.Ft.
Sold
$1,532,000 Sold Price as of 01/17/2023 Refinance Your Mortgage
Map preview of 1062 Irvine Blvd, Tustin, CA 92780

Property Overview: 1062 Irvine Blvd Tustin, CA has -- bedrooms, -- bathrooms, 1,500 living square feet and 9,823 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located next to Walgreens on high traffic area at Irvine Bl and Newport Bl near the 5 fwy. This convenience store is for sale with building and land. This is a prime property location in the premier commercial corridor for retail or food etc (Please check with city for current and other uses). The store has a beer and wine license as well. It has been well established and will be perfect for a newer type business. Surrounding retail includes Walgreens, Trader Joe's, CVS, Albertsons, Sprouts, Michaels and Smart and Final. Current freestanding building was built in 1979 on almost 10,000 sq ft lot (9823 sq ft lot per tax rolls). The average household income in the area is approx $115,000 and the drive by visibility of approx 64,000 vehicle per day! This business has 2 entry and exits from Irvine bl and Old irvine bl. Could make for a Great location for drive thru type of business. Possible lease option to buy.

Listed by Mahesh Patel | BRE #01146880 | First Team Real Estate
Last checked: 15 minutes ago | Last updated: January 19th, 2023 | Source CRMLS | DOM: 530

Home details

Lot Sq. Ft
9,823
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Retail
Status
Sold
MLS#
PW20018746
City
Tustin
County
Orange
Time on Site
1397 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1062 Irvine Blvd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 50010108
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected
Location / Neighborhood
Location Information
  • Directions: Next to Walgreens and DK donuts . Newport and Irvine Bl
View more facts & features

Local Tustin Agent

Sale History for 1062 Irvine Blvd

Last sold for $1,532,000 on January 17th, 2023

  • January, 2020

  • Jan 27, 2020

    Date

    Active

    CRMLS: PW20018746

    $1,600,000

    Price

  • November, 2018

  • Nov 19, 2018

    Date

    Canceled

    CRMLS: PW18025812

    $1,695,000

    Price

  • Sep 10, 2018

    Date

    Active

    CRMLS: PW18025812

    $1,695,000

    Price

  • Sep 5, 2018

    Date

    Expired

    CRMLS: PW18025812

    $1,695,000

    Price

  • Sep 4, 2018

    Date

    Active

    CRMLS: PW18025812

    $1,695,000

    Price

  • May 26, 2018

    Date

    Active Under Contract

    CRMLS: PW18025812

    $1,695,000

    Price

  • Mar 2, 2018

    Date

    Price Change

    CRMLS: PW18025812

    $1,695,000

    Price

  • Feb 2, 2018

    Date

    Active

    CRMLS: PW18025812

    $1,750,000

    Price

  • Listing provided courtesy of CRMLS

    Don't miss this one! The land value for this property is worth it alone. Rare opportunity to have nearly 10,000 sqft of prime property in the heart of Tustin. Perfect location on the corner of Newport Blvd and Irvine Blvd - both high traffic streets. Comes with Existing Alta Dena Dairy that has been with the current owner for nearly 20 years. Would be a great location for any drive-thru business. **Comes with a type 20 Alcohol license - which is very difficult to come by** - Please send all inquiries to listing agent.

  • October, 2003

  • Oct 2, 2003

    Date

    Sold (Public Records)

    Public Records

    $535,000

    Price

  • June, 2003

  • Jun 6, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1062 Irvine Blvd

Assessed Value (2020): $695,521
Year Land Value Improved Value Assessed Value
2020 $487,519 $208,002 $695,521

Home Value Compared to the Market

This property vs the competition

1062 Irvine Blvd sold on January 17, 2023 for 38.53% 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 $1066.67 per/sqft which puts the price per square foot 64.36% higher than the current median sale per square foot for the city of Tustin.

About 1062 Irvine Blvd

Detailed summary of property

1062 Irvine Blvd is a retail that recently sold in Tustin, CA 92780. This retail property offered -- bedrooms, -- bathrooms, roughly 1,500 living square feet, and sits on an approximately 9,823 square foot lot. 1062 Irvine Blvd was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,532,000. 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 38.53% higher than the current median priced home. Local homes that are currently for sale include 2729 S Robertson Blvd. While the average home in Tustin, CA is selling in 23 days, 1062 Irvine Blvd has a days on market of 530 days. There are currently 91 homes for sale in the Tustin real estate market and 44 of them are single family homes while 31 of them are condos and 16 are townhomes. For more information on this home for sale at 1062 Irvine Blvd Tustin, CA 92780 contact Ardent Real Estate Group and we will put you in touch with one of our Tustin agents.

Public Facts for 1062 Irvine Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
9,821
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
500-101-08

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
$999,000
Median List Price/Sq.Ft.
$593
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$624
Total Inventory
50
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%)

Thinking of Selling?

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Recently Sold Homes Near 1062 Irvine Blvd

1161 Irvine Blvd, Tustin, CA 92780
$2,350,000 Last Sold Price
-- Beds
-- Baths
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$3,900,000 Last Sold Price
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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.

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