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$ 2,900,000
Est. payment | /mo
5 Beds
0.65 Acres Lot
$ 2,900,000
Est. payment | /mo
5 Beds
0.65 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26091509
Bedrooms 5
Lot Size 0.652 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
One of the three largest residential lots in Old Town Tustin is now available. The seller is open to selling the full property or the front lot (Parcel 1) separately, giving buyers flexibility on entry point and exit strategy. Parcel 1 is an unimproved lot with direct Main Street frontage and an existing water meter on site. Tentative Parcel Map 94-149 was approved at the Planning Commission level in 1994 and by City Council in 1995. County recordation is the remaining step. The entitlement work is done. Parcel 2 is the rear flag lot with the existing 3,432 SF residence, 4 bedrooms, 3.5 baths, pool, two fireplaces, and a 2-car garage. Hold it, rent it, or redevelop. ADU rights are confirmed on both parcels simultaneously: a converted ADU, a JADU up to 500 SF, and a detached ADU up to 800 SF. Sewer lateral replaced 2024. Variance in place for the existing front fence. Buyer to verify with the city. Old Town Tustin continues to attract significant buyer and developer interest. Walkable to restaurants, retail, and the weekly farmers market. This is a location that commands a premium and the lot size, entitlements, and flexibility to transact in pieces make this a rare find in a supply-constrained market.
Location
State CA
County Orange
Zoning Assessor
Direction Park on Main Street
Interior
Heating Fireplace, Forced Air Unit
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
Pool Below Ground, Private
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 40137203
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Christina De Santis, DRE#02100629 reframe
NEARBY SCHOOL & BUSINESS
1420 Kettner Blvd Ste 100, San Diego, California, 92101, USA