Tustin, CA 92780 16532 Lorelei Lane

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Presented By: Margaret Van Herk with Seven Gables Real Estate; 714-356-8453
  • MLS# OC24206985
  • 10/11/2024
  • Request Tour
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  • Beds • 3
  • Full/Half Baths • 1 / 1
  • SQFT • 2,631
  • Garage • 4

Home Details

Perfect Investment Opportunity! Rare Tustin Duplex on a nice cul-de-sac. This is a great opportunity to start or build your portfolio, or for the owner occupant with this great floorplan. Front unit is a large 3 bed 2.5 bath two story unit with private entry. Large patio off dining area, fireplace in living room, raised ceilings and a 2 car attached garage. Second unit is a large single story 2 bed 2 bath with a patio and a large wrap around yard. The unit is light and bright. Tile floors, vaulted ceilings, and a cozy fireplace make this a very desirable home for someone. It offers lots of privacy. Lots to explore in nearby Old Towne Tustin. Convenient location near the 5 and 55 freeways.
Presented By: Margaret Van Herk with Seven Gables Real Estate; 714-356-8453

Interior Features for 16532 Lorelei Lane

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringTile
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup, InGarage
Total Stories2
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 16532 Lorelei Lane

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, GasRange, GasWaterHeater, Microwave
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityTustin
Community FeaturesCurbs, StreetLights, Suburban, Sidewalks
Construction MaterialsStucco, WoodSiding
ContingencyBuyer to cooperate with Seller's 1031 exchange at no additional cost
CoolingCentralAir
CountyOrange
DirectionsCross Streets: Main Street / Williams Street
ElectricStandard
Electric On Property Y/NNo
Entry Locationfront
Garage Spaces4.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense1800.0
Interior FeaturesCeilingFans, HighCeilings, QuartzCounters
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6970.0
Lot Size UnitsSquareFeet
MLS Area71 - Tustin
MobileHomeRemainsYNNo
Net Operating Income60792.0
New ConstructionNo
Number of Units Leased2
NumberOfUnitsTotal2
Operating Expense6408.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition, Shingle
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameDuplex
Tax Lot7
Tenant PaysAllUtilities
TermsCash, CashToNewLoan, Conventional, FHA, VaLoan
Total Actual Rent5600.0
Trash Expense716.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
ViewNeighborhood
Water Sewer Expense1396.0
Waterfront Y/NNo
Year Built1978
Year Built SourcePublicRecords

Exterior for 16532 Lorelei Lane

Building Area Total2631.0
Crops Included Y/NNo
Door FeaturesSlidingDoors
FencingPrivacy, Wood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, CulDeSac, FrontYard, Lawn, Landscaped, Level, Yard
Lot Size Acres0.16
Lot Size Area6970.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesDirectAccess, Garage, OnStreet
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $1,285,000
MLS#OC24206985
List Date 10/11/2024
Property Type Multi-Family
Phone 310.658.1749
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