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13712 Charloma Drive, Tustin, CA 92780
8
beds
8
baths
3792
ft2
· 12706
ft2 lot
$1,620,000
$427 / ft2
Listing provided courtesy of Rick Applebaum, Morgan Skenderian.
Source CRMLS.
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**
HOA
$—/month
On market
8 months
Year built
1975
Property type
Multi-Family
Parking
8
MLS
PW20174028
Price / Sq.Ft.
$427 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Common Area
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 3792.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 4.00
•   
Uncovered Spaces: 4.00
Building Info
•   
Building Area Units: Square Feet
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: 2-5 Units/Acre
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2917
•   
Lot Size Area: 12706.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 4
Property Features
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 5
•   
Number Of Separate Gas Meters: 5
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Operating Expense Percent: 39.70
•   
Gross Operating Income: 78977.00
•   
Water Sewer Expense: 0.00
•   
Other Expense Description: Utility
•   
Other Expense: 7632.00
•   
Laundry Income: 600.00
•   
Vacancy Allowance Rate: 3.00
•   
Maintenance Expense: 3949.00
•   
Cap Rate: 2.90
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 17290.00
•   
Insurance Expense: 1327.00
•   
Vacancy Allowance: 2443
•   
Total Expenses: 32332.00
•   
Gross Scheduled Income: 81240.00
•   
Maintenance Percent: 5.00
•   
Operating Expense: 32332.00
•   
Gardener Expense: 600.00
•   
Gross Multiplier: 19.90
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 600.00
•   
Tax Year: 2020
•   
Taxes: 10231.52
Lease Info
•   
Net Operating Income: 46646.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1500.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 1500.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1650.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 1650.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 1685.00
•   
Unit 1 Total Rent: 1685.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1900.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1900.00
•   
Unit 4 Bathrooms: 2
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 4
School Neighborhood & Directions
Location
•   
Other Subdivision Name: Other
•   
Subdivision: Other (OTHR)
•   
Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
•   
Directions: North of 5 Freeway and East of Newport Avenue
Other
Calculation
•   
Dom: 65
•   
Cdom: 65
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 09, 2021 7:12pm
Neighborhood snapshot
38
Properties for sale
8
Median days on market
$419.82
Median sold price/sqft
101.57%
Sold/List %
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walk score® :
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bike score® :
Property History
08/24/2020
08/24/2020
CRMLS #PW20174028
active
CRMLS #PW20174028
$1,620,000
+8.00%
08/17/2011
08/17/2011
Public Record
sold
Public Record
$1,500,000
+125.56%
06/20/2003
06/20/2003
Public Record
sold
Public Record
$665,000
+72.28%
11/01/1999
11/01/1999
Public Record
sold
Public Record
$386,000
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