164 Preble Dr Tustin, CA 92780
Property details
About 164 Preble Dr
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. Convenient location near the 5 and 55 freeways.
Highlights
Summary
- MLS Number: OC24214946
- MLS Name: CRMLS
- Office Name: ASM Investments
- Office Email: jay.johnson.cfe@gmail.com
- Listing Agent: Jay Johnson
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 4/13/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,700,000
164 Preble Dr
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $453,973 | $6,277 |
| 2023 | $445,072 | $6,093 |
| 2022 | $436,346 | $5,968 |
| 2021 | $427,791 | $5,859 |
| 2020 | $423,405 | $5,825 |
| 2019 | $415,103 | $5,621 |
| 2018 | $406,964 | $5,621 |
| 2017 | $398,985 | $5,531 |
History based on county public records data.
Nearby schools
4
Helen Estock Elementary School
Public District KG-5
0.5 mi
•14741 N B St
5
Guin Foss Elementary School
Public District KG-5
0.9 mi
•18492 Vanderlip Ave
5
Benjamin Beswick Elementary School
Public District KG-5
1.0 mi
•1362 Mitchell Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,537. The most common annual income of people living in Tustin, CA is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
PGA/LPGA
Continuing Education Courses
Pro Boxing
Where do the neighbors shop?
Chico's
Express/Express For Men
Burlington
Where do the neighbors go to eat?
Cracker Barrel
Qdoba
Popeyes
What do the neighbors drive?
Buick
Volkswagen
Dodge
What do the neighbors listen to?
Soft Adult Contemporary
Urban Contemporary
News
This home is located at 164 Preble Dr in Tustin, CA and zip code 92780. Features: 0 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $3,700,000.
Over 10 listings were sold over their listed price in March 2025 in Tustin, CA. In the same period over 12 listings were sold below the listed price and 6 listings were sold for the listed price. The number of homes for sale in Tustin, CA increased by 25% between February and March 2025. The median list price of listings available in March 2025 was $1,200,000, while the average time on the real estate market was 21 days.