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SOLD 3/23/2021
14652 Carfax Drive, Tustin, CA 92780
9
beds
8
baths
4690
ft2
· 12197
ft2 lot
$1,430,000
$309 / ft2
Listing provided courtesy of Listing Broker: Jeff Stokes, Jeff Stokes Homes.
Source CRMLS.
Large four-plex in desirable Tustin on large oversized lot. Large building - Almost 4,700 sq ft! Unit mix: #A. Single level 2 bedroom 2 bath unit -$1824 per month #B. Single level 2 bedroom 2 bath unit -$1,630 per month. #C. 2 bedroom 1.5 bath townhouse unit -$1690 per month and #D. Is a 3 bedroom 1.5 bath townhouse rented for $2,100 per month. - All tenants are month to month. All have private Patio/yards. Community laundry. Separate water heaters. Three fireplaces. All units have central air and heat. Private yards. Plenty of parking. Two double car garages plus 8 off street parking spots. Standard sale. A great value at 4.32% cap - 4.6% Pro forma cap rate. Do not go property. Do not disturb tenants.
HOA
$0/month
On market
a month
Year built
1964
Property type
Multi-Family
Parking
12
MLS
NP21001125
Price / Sq.Ft.
$309 / ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $1,450,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$282/day
$0
Best
Flyhomes Guaranteed Offer
$7,250
- -
$7,250
Better
Discount Brokerage
$5,445
not offered
$5,445
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Common Area, Community
•   
Appliances: Dishwasher, Disposal, Gas Range
•   
Has Appliances
•   
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
•   
Average3 Bed Area: 1250
•   
Average2 Bed Area: 1100
•   
Entry Level: 1
Fireplace Info
•   
Has Fireplaces
•   
Fireplace Details: Masonry
Heating & Cooling
•   
Has Heating
•   
Heating Details: Forced Air
•   
Cooling Details: Central Air
Flooring
•   
Flooring: Carpet
Interior Size
•   
Building Area Total: 4690.00
Property, Lot, Community & Exterior Features
Building Info
•   
Entry Location: 1
•   
Building Area Units: Square Feet
•   
Roof: Asphalt
•   
Foundation Details: Slab
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Public Records
•   
Construction Materials: Stucco
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage Faces Front
•   
Garage Spaces: 4.00
•   
Uncovered Spaces: 8.00
Lot Info
•   
Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft, Level, Sprinkler System
•   
Lot Size Source: Assessor, Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2800
•   
Lot Size Dimensions: 88 x 135
•   
Lot Size Area: 12197.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Road Surface Type: Paved
•   
Number Of Buildings: 1
•   
Total Units: 4
Property Features
•   
Fencing: Wood
•   
Common Walls: No Common Walls
Property Type
•   
Architectural Style: Ranch
Exterior Features
•   
Direction Faces: West
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Utilities: Electricity Connected
•   
Number Of Separate Gas Meters: 4
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Garage Income: 0.00
•   
Garage Rental Rate: 0.00
•   
Water Sewer Expense: 3120.00
•   
Laundry Income: 50.00
•   
Vacancy Allowance Rate: 2.00
•   
Cap Rate: 4.32
•   
Laundry Equipment Own Lease: Lease
•   
Total Actual Rent: 7335.00
•   
Fuel Expense: 300.00
•   
Trash Expense: 864.00
•   
New Taxes Expense: 17500.00
•   
Insurance Expense: 1800.00
•   
Pool Expense: 0.00
•   
Total Expenses: 25924.00
•   
Gross Scheduled Income: 88620.00
•   
Improvements Amount: 242936
•   
Operating Expense: 25924.00
•   
Gardener Expense: 1800.00
•   
Land Value: 524716
•   
Furniture Replacement Expense: 0.00
•   
Present Loans: 650000
Tax/Assessment Info
•   
Gross Income: 600.00
•   
Tax Year: 2020
•   
Taxes: 15252.0
Lease Info
•   
Net Operating Income: 62695.00
Listing Info
•   
Status: Closed
Other
•   
Electric Expense: 540.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 3
•   
Unit 3 Actual Rent: 2100.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 2100.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1721.00
•   
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: 1721.00
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: 1824.00
•   
Unit 1 Total Rent: 1824.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1690.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1690.00
•   
Unit 4 Bathrooms: 2
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 4
•   
Number Of Units Leased: 4
•   
Number With Carpet: 4
•   
Number With Disposal: 4
•   
Number With Range: 4
•   
Price Per Unit: 375000
School Neighborhood & Directions
Location
•   
Other Subdivision Name: other
•   
Subdivision: Other (OTHR)
•   
Community Features: Street Lights, Suburban
School Info
•   
Directions: East of Newport Avenue at Sycamore
Other
Calculation
•   
Dom: 42
•   
Cdom: 172
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 13, 2021 3:56pm
Neighborhood snapshot
37
Properties for sale
7
Median days on market
$425.67
Median sold price/sqft
101.66%
Sold/List %
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Property History
03/23/2021
03/23/2021
CRMLS #NP21001125
sold
CRMLS #NP21001125
$1,450,000
03/10/2021
03/10/2021
Public Record
sold
Public Record
$1,450,000
02/15/2021
02/15/2021
CRMLS #NP21001125
pending
CRMLS #NP21001125
$1,450,000
02/07/2021
02/07/2021
CRMLS #NP21001125
active
CRMLS #NP21001125
$1,450,000
--3.30%
01/04/2021
01/04/2021
CRMLS #NP21001125
active
CRMLS #NP21001125
$1,499,500
See more property history
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