314 Pacific St, Tustin, CA 92780
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314 Pacific St Tustin, CA 92780

$1,999,999
  • 5 Beds
  • 3 Baths
  • 2,600 Sq.Ft.
For Sale
$1,999,999 Get Pre-Qualified

Map preview of 314 Pacific St, Tustin, CA 92780

Property Overview: 314 Pacific St Tustin, CA has 5 bedrooms, 3 bathrooms, 2,600 living square feet and 5,920 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: Extremely well cared for duplex in the heart of Old Town Tustin. Make one unit yours and rent out the other! We have on offer a duplex consisting of 1 two bedroom, one bath unit and 1 three bedroom, 2 bath unit. Both units have their own garages, laundry areas and backyards with patios. Each unit is metered for their own gas and electric services, however, there is only one water meter for the entire property. The larger unit has central A/C while the smaller unit has a through-the-wall A/C. Both units are currently rented out but you could live in one unit while you rent out the other! Close to all the wonderful amenities of Down Town Tustin this property is unique with great bones and a fantastic, central Orange County location.

Listed by David Buster | BRE #01860376 | David Buster, Broker
Last checked: 2 minutes ago | Last updated: June 21st, 2024 | Source CRMLS | DOM: 35
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Home details

Lot Sq. Ft
5,920
HOA Dues
$0/mo
Year built
1970
Garage
3 Car
Property Type:
Duplex
Status
Active
MLS#
OC24101810
City
Tustin
County
Orange
Time on Site
35 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,255
  • Total Rent: $2,255
  • Pro Forma/Market Rent: $3,192
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,595
  • Total Rent: $3,595
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $70,200
  • Net Operating Income: $55,401
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,799
  • Trash: $478
  • Gardener: $1,320
  • Insurance: $705
  • Professional Management: $4,778
  • Water/Sewer: $1,585

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Property Details for 314 Pacific St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Closet, In Garage
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Carpet, Tile, Vinyl
  • All Bedrooms Down, Attic, Center Hall, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas & Electric Range, Microwave, Water Heater
Interior Features
  • Granite Counters, Stone Counters, Storage
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Asphalt, Shingle
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Driveway, Concrete, Garage, Garage - Single Door, Garage - Two Door, Garage Door Opener, Permit Required
Lot Information
  • Lot Features: Back Yard, Lawn, Sprinkler System, Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 40155202
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Turnkey
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: Old Towne
  • Directions: Located on Pacific Street in-between Main Street & 1st
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 314 Pacific St

Last sold on July 10th, 2003
  • May, 2024

  • May 20, 2024

    Date

    Active

    CRMLS: OC24101810

    $2,495,000

    Price

  • July, 2003

  • Jul 10, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 314 Pacific St

Assessed Value (2020): $294,545
Year Land Value Improved Value Assessed Value
2020 $155,299 $139,246 $294,545

Home Value Compared to the Market

This property vs the competition

314 Pacific St is listed 60% higher than the median list price for the city of Tustin which has a median list price of $1,250,000. The median price per/sqft for Tustin is $662 and this home is listed at $769.23 per/sqft which puts the price per square foot 16.2% higher than the median price per square foot for the city of Tustin.

About 314 Pacific St

Detailed summary of property

314 Pacific St is a duplex located in Tustin, CA 92780 and is currently for sale. This duplex offers 5 bedrooms, 3 bathrooms, roughly 2,600 living square feet, and sits on an approximately 5,920 square foot lot. 314 Pacific St was first listed on ArdentRealEstateGroup.com on May 20, 2024. The homeowner is currently asking $1,999,999 and was originally asking $2,495,000. The median priced home in Tustin is $1,250,000 with a median price per square foot of $662. Based on Ardent Real Estate Group's Tustin Market Data, this home is listed 60% higher than the median priced home. Local competing homes currently for sale include 16591 E Buena Vista Ave, 1150 S State College Blvd and 186 Del Mar Ave. While the average home in Tustin, CA is selling in 28 days, 314 Pacific St has a days on market of 35 days. There are currently 93 homes for sale in the Tustin real estate market and 52 of them are single family homes while 27 of them are condos and 14 are townhomes. For more information on this home for sale at 314 Pacific 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 314 Pacific St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
5,921
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
16
APN
401-552-02

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
$1,050,000
Median List Price/Sq.Ft.
$609
Median Sold Price
$749,000
Median Sold Price/Sq.Ft.
$595
Total Inventory
45
Median Sale to List Price %
100%
Avg Days on Market
11
Loan Type
Conventional (52.38%), FHA (9.52%), VA (0%), Cash (14.29%), Other (23.81%)

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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.