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    13712 Charloma Drive

    Tustin, CA 92780
    • $1,620,000
    • STATUS: Active
    • ON SITE: 67 days
    • ID#: PW20174028
    $1,620,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,792
      SQFT
    • $427
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:
    Area:

    School Ratings & Info

    Description

    We are pleased to offer 13702-13712 Charloma Drive, an exceptionally rare investment opportunity located in the highly sought-after city of Tustin. Situated at the end of a private tree-lined street, 13702-13712 Charloma is comprised of two adjacent parcels, featuring 2 & 3-bedroom townhome units with private patios offering tenants a sense of tranquility and privacy. Featuring a hard to find 2:1 parking ratio, each tenant is offered a garage and a surface space. Charloma is ideally located within walking distance to schools, parks, major retail and the highly coveted district of Old Town Tustin, a step back in time full of rich history and charming shops and cafes. Easy to maintain with an exceptionally low turn-over rate, Charloma townhomes are a unique investment opportunity poised to grow steadily in appreciation through continuing upgrades and rent increases making this ideal for a long-term investment strategy. **Must be purchased simultaneously with the property next door at 13702 Charloma Drive, Tustin**

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-31T00:32:35.807. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/109343320
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    13712 Charloma Drive Tustin, CA 92780

    • Price: $1,620,000
    • Status: Active
    • ID#: PW20174028
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    3,792
    SQFT
    $427
    $/SQFT
    1975
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    71 - Tustin
    Property Description
    We are pleased to offer 13702-13712 Charloma Drive, an exceptionally rare investment opportunity located in the highly sought-after city of Tustin. Situated at the end of a private tree-lined street, 13702-13712 Charloma is comprised of two adjacent parcels, featuring 2 & 3-bedroom townhome units with private patios offering tenants a sense of tranquility and privacy. Featuring a hard to find 2:1 parking ratio, each tenant is offered a garage and a surface space. Charloma is ideally located within walking distance to schools, parks, major retail and the highly coveted district of Old Town Tustin, a step back in time full of rich history and charming shops and cafes. Easy to maintain with an exceptionally low turn-over rate, Charloma townhomes are a unique investment opportunity poised to grow steadily in appreciation through continuing upgrades and rent increases making this ideal for a long-term investment strategy. **Must be purchased simultaneously with the property next door at 13702 Charloma Drive, Tustin**
    Exterior Features

    Garage Spaces 4.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN No Uncovered Spaces 4.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 2.90 Community Features CurbsSidewalksStorm DrainsStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 600.00 Gross Income 600.00 Gross Multiplier 19.90 Gross Operating Income 78977.00 Gross Scheduled Income 81240.00 Insurance Expense 1327.00 Land Lease YN No Laundry Income 600.00 Laundry YN Yes Maintenance Expense 3949.00 Maintenance Percent 5.00 Net Operating Income 46646.00 New Construction YN No New Taxes Expense 17290.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 32332.00 Operating Expense Percent 39.70 Other Expense 7632.00 Other Expense Description Utility Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Other Total Expenses 32332.00 Trash Expense 0.00 Vacancy Allowance 2443 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Rick Applebaum of Morgan Skenderian


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-31T00:32:35.807. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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