Home | Orange County | Tustin | 92780 | 164 & 172 Preble Dr
MLS: CROC24214946 | Status: | Price: $3,300,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 23,387 | 1964 |
TWO RARE TUSTIN FOURPLEXS ON TWO SEPARATE HUGE LOTS, CONVENTIONAL CONFORMING FINANCING (2 separate loans) - TWO SEPARATE PROPERTIES BEING SOLD TOGETHER; each property will qualify for it's own financing no commercial loan necessary!!! 164 Preble Drive (APN 401-591-14) and 172 Preble Drive (APN 401-591-15); Approximately 23,387 square feet (over a half acre) according to county records. Close to Police Station, Library, Community Center, Old Towne Tustin, City Cultural and Administrative Centers, Food, Stores, and Restaurants; lots to explore and all within walking distance. Each property is comprised of 4 two bedroom one bath units (approximately 900 sqft each), 4 garage spaces, laundry room, and 6 open parking spaces (Total of 8 units, 8 garage spaces, 2 laundry rooms, and 12 open parking spaces). Each unit has a large enclosed patio off the dining area and a wood burning fireplace. Upside in rents, current rents shown go into effect March 1, 2025. Laundry rooms are currently on month-to-month lease so new owner can negotiate a new contract with laundry company or put own machines in for even more income. Separately metered for electric, no gas, all units are 100% electric. Both buildings have been repiped with pex and have had the roof replaced in the last 10 years. Conve
| Field | Value |
|---|---|
| MLS # | CROC24214946 |
| MLS Source | California Regional MLS |
| Feature | Details |
|---|---|
| Kitchen | Exhaust Fan |
| Appliances | Exhaust Fan, Garbage Disposal, Hood Over Range, Other, Oven Range, Oven Range - Electric |
| Flooring | Laminate |
| Laundry | Community Facility |
| Cooling | Window/Wall Unit |
| Heating | Electric, Fireplace |
| Feature | Details |
|---|---|
| Roof | Composition, Shingle |
| Foundation | Slab |
| Style | Traditional |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage, Gate/Door Opener, Private / Exclusive, Storage - RV, Garage: 8 Car(s) |
| HOA Fee | $0 |
Jay Johnson
ASM Investments
License #: 00969110
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 8 | – |
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This listing information is up-to-date as of March 26, 2026. For the most current information, please contact Jay Johnson.