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17042 Carlann Circle, Tustin, CA 92780
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17042 Carlann Circle Tustin, CA 92780

$1,400,000 Sold Price as of 05/21/2021
  • 9 Beds
  • 7 Baths
  • 4,075 Sq.Ft.
Sold
$1,400,000 Sold Price as of 05/21/2021 Refinance Your Mortgage
Map preview of 17042 Carlann Circle, Tustin, CA 92780

Property Overview: 17042 Carlann Circle Tustin, CA has 9 bedrooms, 7 bathrooms, 4,075 living square feet and 11,105 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located at the end of a quiet cul-de-sac in the heart of Tustin, this large four-plex presents an incredible investment opportunity in an increasingly high-demand area with long term tenants. The unit mix consists of one (1) large 3 bedroom 2 bath unit, two (2) large 2 bedroom 2 bath units downstairs, and one 2 bedroom and 1 bath unit upstairs. Each unit includes one (1) garage space and a shared laundry room for all tenants. Units feature a cozy fireplace, tile flooring throughout, and a quaint front patio area. With a convenient location providing easy access to the 55 and 5 freeways, making it a premier opportunity for savvy investors.

Listed by Sawsan Saba | BRE #01921021 | Coldwell Banker Realty
Co-listed by Tim Smith | BRE #01346878 | Coldwell Banker Realty
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 119

Home details

Lot Sq. Ft
11,105
HOA Dues
$0/mo
Year built
1964
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
NP20254563
City
Tustin
County
Orange
Time on Site
1210 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,005
  • Total Rent: $2,005
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,725
  • Total Rent: $1,725
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,625
  • Total Rent: $1,625
  • Pro Forma/Market Rent: $1,625
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $85,860
  • Net Operating Income: $59,500
  • Gross Operating Income: --
  • Vacancy Allowance: $0
  • Laundry Income: $1,000
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $26,357
  • Electric: $700
  • Gas/Fuel: $2,000
  • New Taxes: $16,800
  • Trash: $1,400
  • Cable TV: $0
  • Gardener: $600
  • Insurance: $2,100
  • Water/Sewer: $2,757

Property Details for 17042 Carlann Circle

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Family Room, Kitchen
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 40236214
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Assume
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: N/A
  • Directions: Cross Streets: Pasadena Ave and Carlann Cir
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Tustin Agent

Sale History for 17042 Carlann Circle

Last sold for $1,400,000 on May 21st, 2021

  • May, 2021

  • May 21, 2021

    Date

    Sold

    CRMLS: NP20254563

    $1,400,000

    Price

  • May 17, 2021

    Date

    Pending

    CRMLS: NP20254563

    $1,425,000

    Price

  • Apr 9, 2021

    Date

    Active Under Contract

    CRMLS: NP20254563

    $1,425,000

    Price

  • Feb 22, 2021

    Date

    Price Change

    CRMLS: NP20254563

    $1,425,000

    Price

  • Dec 10, 2020

    Date

    Active

    CRMLS: NP20254563

    $1,450,000

    Price

  • February, 2018

  • Feb 15, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2018

  • Feb 14, 2018

    Date

    Sold

    CRMLS: NP18002492

    $1,340,000

    Price

  • Jan 24, 2018

    Date

    Pending

    CRMLS: NP18002492

    $1,350,000

    Price

  • Jan 16, 2018

    Date

    Active Under Contract

    CRMLS: NP18002492

    $1,350,000

    Price

  • Jan 5, 2018

    Date

    Active

    CRMLS: NP18002492

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Located at the end of a quiet cul-de-sac in the heart of Tustin, this large four-plex presents an incredible investment opportunity in an increasingly high-demand area. The unit mix consists of one (1) large 3 bedroom 2 bath unit, two (2) large 2 bedroom 2 bath units downstairs, and one 2 bedroom and 1 bath unit upstairs. Each unit includes one (1) garage space and a shared laundry room for all tenants. Units feature a cozy fireplace, tile flooring throughout, and a quaint front patio area. With a convenient location providing easy access to the 55 and 5 freeways, making it a premier opportunity for savvy investors.

  • February, 2018

  • Feb 14, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,340,000

    Price

Show More

Tax History for 17042 Carlann Circle

Assessed Value (2020): $1,394,136
Year Land Value Improved Value Assessed Value
2020 $1,251,190 $142,946 $1,394,136

Home Value Compared to the Market

This property vs the competition

17042 Carlann Circle sold on May 21, 2021 for 23.38% 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 $349.69 per/sqft which puts the price per square foot 46.12% lower than the current median sale per square foot for the city of Tustin.

About 17042 Carlann Circle

Detailed summary of property

17042 Carlann Circle is a multi family that recently sold in Tustin, CA 92780. This multi family property offered 9 bedrooms, 7 bathrooms, roughly 4,075 living square feet, and sits on an approximately 11,105 square foot lot. 17042 Carlann Circle was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,400,000. 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 23.38% higher than the current median priced home. Local homes that are currently for sale include 728 W Romneya Dr, 8402 Slater Ave and 310 N Muller St. While the average home in Tustin, CA is selling in 22 days, 17042 Carlann Circle has a days on market of 119 days. There are currently 83 homes for sale in the Tustin real estate market and 38 of them are single family homes while 31 of them are condos and 14 are townhomes. For more information on this home for sale at 17042 Carlann Circle Tustin, CA 92780 contact Ardent Real Estate Group and we will put you in touch with one of our Tustin agents.

Public Facts for 17042 Carlann Circle

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,075
Lot Size
11,105
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
5
APN
402-362-14

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
$895,000
Median List Price/Sq.Ft.
$590
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$624
Total Inventory
49
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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(714) 706-1823

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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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