14551 Newport Ave, Tustin, CA 92780
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14551 Newport Ave Tustin, CA 92780

$1,999,999
  • -- Beds
  • -- Baths
  • 1,800 Sq.Ft.
Back Up Offer
$1,999,999 Get Pre-Qualified

Map preview of 14551 Newport Ave, Tustin, CA 92780

Property Overview: 14551 Newport Ave Tustin, CA has -- bedrooms, -- bathrooms, 1,800 living square feet and 18,731 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great opportunity to own a restaurant. Rare free standing drive thru building with private parking on a main street in the city of Tustin. Excellent street frontage on Newport Ave. Easy access to the 5 and 55 freeways. Full kitchen, booth seating, lots of storage, ample parking (15 spaces, 1 handicapped) and recently updated ADA compliant restroom. Property to be delivered without tenants. Builders, developers and visionaries, this is a must see. Call today for more information.

Listed by Wilfred Drouin | BRE #00286332 | Drouin Realty
Co-listed by Amy Bailey | BRE #02069138 | Drouin Realty
Last checked: 14 minutes ago | Last updated: November 20th, 2023 | Source CRMLS | DOM: 1620
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
18,731
HOA Dues
$0/mo
Year built
1969
Garage
--
Property Type:
Specialty
Status
Back Up Offer
MLS#
PW20004717
City
Tustin
County
Orange
Time on Site
1458 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: --

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Property Details for 14551 Newport Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
Lot Information
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 40215104
  • Offered With Property: restaurant equipment
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Newport and Walnut
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Sale History for 14551 Newport Ave

Last sold for $1,500,000 on September 24th, 2020
  • September, 2020

  • Sep 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

  • January, 2020

  • Jan 22, 2020

    Date

    Active Under Contract

    CRMLS: PW20004717

    $1,999,999

    Price

  • Jan 8, 2020

    Date

    Active

    CRMLS: PW20004717

    $1,999,999

    Price

  • April, 2019

  • Apr 12, 2019

    Date

    Expired

    CRMLS: PW18251230

    $95,000

    Price

  • Feb 25, 2019

    Date

    Price Change

    CRMLS: PW18251230

    $95,000

    Price

  • Jan 7, 2019

    Date

    Price Change

    CRMLS: PW18251230

    $125,000

    Price

  • Oct 16, 2018

    Date

    Active

    CRMLS: PW18251230

    $135,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2007

  • Apr 5, 2007

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

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Tax History for 14551 Newport Ave

Assessed Value (2020): $1,300,500
Year Land Value Improved Value Assessed Value
2020 $1,065,508 $234,992 $1,300,500

Home Value Compared to the Market

This property vs the competition

14551 Newport Ave is listed 54.44% higher than the median list price for the city of Tustin which has a median list price of $1,295,000. The median price per/sqft for Tustin is $687 and this home is listed at $1111.11 per/sqft which puts the price per square foot 61.73% higher than the median price per square foot for the city of Tustin.

About 14551 Newport Ave

Detailed summary of property

14551 Newport Ave is a specialty located in Tustin, CA 92780 and is currently in escrow to be sold. This specialty property offers -- bedrooms, -- bathrooms, roughly 1,800 living square feet, and sits on an approximately 18,731 square foot lot. 14551 Newport Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner is currently asking $1,999,999. The median priced home in Tustin is $1,295,000 with a median price per square foot of $687. Based on Ardent Real Estate Group's Tustin Market Data, this home is listed 54.44% higher than the median priced home. Local competing homes currently for sale include 2141 E Market St, 208 W Anaheim St and 13981 Rose Ave. While the average home in Tustin, CA is selling in 29 days, 14551 Newport Ave has a days on market of 1620 days. There are currently 94 homes for sale in the Tustin real estate market and 52 of them are single family homes while 27 of them are condos and 15 are townhomes. For more information on this home for sale at 14551 Newport Ave Tustin, CA 92780 contact Ardent Real Estate Group and we will put you in touch with one of our Tustin agents.

Public Facts for 14551 Newport Ave

Public county record property details
Beds
--
Baths
--
Year built
1969
Sq. Ft.
1,800
Lot Size
18,646
Stories
1
Type
Restaurant
Pool
No
Spa
No
County
Orange
Lot#
--
APN
402-151-04

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
$1,230,990
Median List Price/Sq.Ft.
$662
Median Sold Price
$1,060,000
Median Sold Price/Sq.Ft.
$590
Total Inventory
48
Median Sale to List Price %
106.11%
Avg Days on Market
13
Loan Type
Conventional (76.19%), FHA (4.76%), VA (0%), Cash (4.76%), Other (9.52%)

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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.