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DESCRIPTION

Holiday Garden Apartments is a 58-unit multifamily investment property located at 15601 Tustin Village Way, Tustin, CA. This is a unique and rare opportunity to acquire a 50+ unit asset in Tustin, a submarket with limited historical transactional velocity. Holiday Garden Apartments offers 54,864 net rentable square feet and features an attractive unit mix of 34, one-bedroom units and 24, two-bedroom units. The property offers a fantastic amenity package including controlled access, uncovered, tuck-under, and carport parking, on-site laundry, and a sparkling swimming pool. Unit amenities include modern finishes with smooth ceilings, private patios and balconies, recessed lighting, hardwood and tile flooring, air conditioning, and ceiling fans. Holiday Garden Apartments sits in a quiet area, nestled in an established family neighborhood. The property is situated in close proximity to Interstate 5 and State Route 55, providing residents with convenient access to employment hubs throughout Orange County. Additionally, Fourth Street Santa Ana, The Market Place, and The District at Tustin Legacy are all located within a 3-mile radius of the property. Holiday Garden Apartments is a 58-unit multifamily investment property located at 15601 Tustin Village Way, Tustin, CA. This is a unique and rare opportunity to acquire a 50+ unit asset in Tustin, a submarket with limited historical transactional velocity. Holiday Garden Apartments offers 54,864 net rentable square feet and features an attractive unit mix of 34, one-bedroom units and 24, two-bedroom units. The property offers a fantastic amenity package including controlled access, uncovered, tuck-under, and carport parking, on-site laundry, and a sparkling swimming pool. Unit amenities include modern finishes with smooth ceilings, private patios and balconies, recessed lighting, hardwood and tile flooring, air conditioning, and ceiling fans. Holiday Garden Apartments sits in a quiet area, nestled in an established family neighborhood. The property is situated in close proximity to Interstate 5 and State Route 55, providing residents with convenient access to employment hubs throughout Orange County. Additionally, Fourth Street Santa Ana, The Market Place, and The District at Tustin Legacy are all located within a 3-mile radius of the property.

KEY DETAILS
  • Price:
  • $20,000,000
  • Bedrooms:
  • 3
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 1.57
  • MLS #:
  • OC21203705
  • Street Address:
  • 15601 Tustin Village Way
  • City:
  • Tustin
  • State:
  • CA
  • Postal Code:
  • 92780
  • County:
  • Orange
  • Listing Status:
  • For Sale - Pending

Building

  • Dwelling Type:
  • Res Income 2-4 Units
  • Number Of Units:
  • 58
  • Stories:
  • 2 Story
  • Total # Of Buildings:
  • 1
  • Unit1 Bedrooms:
  • 1
  • Unit2 Bedrooms:
  • 2

Land

  • Conforms To Zoning:
  • Assessor
  • Lot Square Footage:
  • 68389

Listing

  • Days On Market:
  • 16
  • For Sale Or Lease?:
  • For Sale
  • Originating Mls:
  • California Regional Mls
  • Terms:
  • Exchange

Money

  • Mello-Roos Amount:
  • 18282.0
  • Mello-Roos Amount Reflects:
  • Year

Structures

  • Pool Description:
  • Community/Common

Source

  • Listing Provided By Marcus & Millichap RE Invest

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