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Listed by Randall Mycorn • R L M Equities
$ 2,715,000
Est. payment /mo
Price Dropped by $70K
1032 Bonita Street Tustin, CA 92780
4,896 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 4,896 sqft
Price per Sqft $554
MLS Listing ID NP-25083703
Year Built 1963
Lot Size 8,747 Sqft
Property Sub-Type Commercial/Residential
Property Description
Presenting the Bonita Apartments: a prime investment property in a high-demand Orange County rental market. Located within a desirable, low-density suburb of the City of Tustin, this asset benefits from exceptional freeway access (5 & 55) as well as its close vicinity to Tustin City hall and a plethora of retail centers. The property features entirely two-bedroom units. All units are currently occupied at excellent rental rates, underscoring strong tenant demand. Key features include in-unit washer/dryer hookups, new finishes + appliances and Garage Parking, ensuring tenant satisfaction and retention. This is an opportunity to acquire a well-maintained, income-producing property in a blue-chip location! ALL UPGRADES ARE FULLY PERMITTED AND CITY APPROVED. UNIT INTERIORS, GAS LINE, RE-WIRED ELECTRIC. CAN BUILD TWO ABOVE GARAGE ADUS IN REAR.
Location
State CA
County Orange
Area 71 - Tustin
Interior
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Gated
Garage Spaces 6.0
Pool None
Community Features Suburban
Building
Lot Description 11-15 Units/Acre
Sewer Public Sewer