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.
Sold for $1,225,000
Listed by: Seven Gables Real Estate • Margaret Van Herk • Contact: 714-356-8453
Bought with: Sunshine Real Estate Services
Tax assessed value
$1,225,000
16532 Lorelei Ln, Tustin, CA 92780
5beds
5baths
2,631sqft
Duplex
Built in 1978
-- sqft lot
$-- Zestimate®
$466/sqft
$4,184 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,184/mo
Zestimate® history
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List your homeWhat's special
Cozy fireplaceLarge wrap around yardTile floorsNice cul-de-sacGreat floorplanVaulted ceilingsRaised ceilings
Zillow last checked:
Listing updated:
Listed by:
Margaret Van Herk DRE #00702474 714-356-8453,
Seven Gables Real Estate,
Andrew Van Herk DRE #02028466,
Seven Gables Real Estate
Bought with:
Hang Pham, DRE #01387524
Sunshine Real Estate Services
Source: CRMLS,MLS#: OC24206985
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Rooms
- Room types: Kitchen, Living Room, Primary Bedroom
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
- Laundry: Washer Hookup, Gas Dryer Hookup, In Garage
Features
- Ceiling Fan(s), High Ceilings, Quartz Counters
- Flooring: Tile
- Doors: Sliding Doors
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,631
- Total interior livable area: 2,631 sqft
Property
Parking
- Total spaces: 4
- Parking features: Direct Access, Garage, On Street
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Pool features: None
- Spa features: None
- Fencing: Privacy,Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,970 Square Feet
- Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Landscaped, Level, Yard
Details
- Parcel number: 40227109
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Stucco, Wood Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Duplex
Location
- Region: Tustin
Financial & listing details
- Price per square foot: $466/sqft
- Tax assessed value: $1,225,000
- Annual tax amount: $14,146
- Date on market: 10/11/2024
- Cumulative days on market: 39 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,VA Loan
- Total actual rent: 5600
- Tenant pays: All Utilities
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2024 | Sold | $1,225,000-4.7%$466/sqft |
Source:  CRMLS #OC24206985 Report a problem | ||
| 12/2/2024 | Pending sale | $1,285,000$488/sqft |
Source: CRMLS #OC24206985 Report a problem | ||
| 11/19/2024 | Contingent | $1,285,000$488/sqft |
Source: CRMLS #OC24206985 Report a problem | ||
| 10/11/2024 | Listed for sale | $1,285,000+56.7%$488/sqft |
Source: CRMLS #OC24206985 Report a problem | ||
| 8/19/2016 | Sold | $820,000-0.7%$312/sqft |
Source: Public Record Report a problem | ||
| 6/11/2016 | Pending sale | $825,900$314/sqft |
Source: California Coastal Realty, LLC #PW16046442 Report a problem | ||
| 5/16/2016 | Price change | $825,900-1.2%$314/sqft |
Source: California Coastal Realty, LLC #PW16046442 Report a problem | ||
| 5/7/2016 | Price change | $835,900+0.1%$318/sqft |
Source: California Coastal Realty, LLC #PW16046442 Report a problem | ||
| 5/2/2016 | Price change | $834,900-0.6%$317/sqft |
Source: California Coastal Realty, LLC #PW16046442 Report a problem | ||
| 4/3/2016 | Price change | $839,900-0.6%$319/sqft |
Source: California Coastal Realty, LLC #PW16046442 Report a problem | ||
| 2/4/2016 | Listed for sale | $844,900+28%$321/sqft |
Source: California Coastal Realty, LLC #PW16023180 Report a problem | ||
| 11/19/2015 | Sold | $660,000$251/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,146 +32.6% | $1,225,000 +31.3% |
| 2024 | $10,668 +2.5% | $933,018 +2% |
| 2023 | $10,411 +1.5% | $914,724 +2% |
| 2022 | $10,258 +2% | $896,789 +2% |
| 2021 | $10,053 +0.5% | $879,205 +1% |
| 2020 | $10,001 | $870,190 +2% |
| 2019 | $10,001 +2.5% | $853,128 +2% |
| 2018 | $9,756 +3.4% | $836,400 +2% |
| 2017 | $9,431 | $820,000 +24.2% |
| 2016 | $9,431 +22.2% | $660,000 +83.1% |
| 2015 | $7,718 +69.3% | $360,459 +2% |
| 2014 | $4,559 | $353,399 +0.5% |
| 2013 | -- | $351,802 +2% |
| 2012 | -- | $344,904 +2% |
| 2011 | -- | $338,142 +0.8% |
| 2010 | -- | $335,615 -0.2% |
| 2009 | -- | $336,413 +2% |
| 2008 | -- | $329,817 +2% |
| 2007 | -- | $323,350 +2% |
| 2006 | -- | $317,010 +2% |
| 2005 | -- | $310,795 +2% |
| 2004 | -- | $304,701 +1.9% |
| 2003 | -- | $299,117 +2% |
| 2002 | -- | $293,252 +2% |
| 2001 | $3,318 +1.8% | $287,502 +2% |
| 2000 | $3,258 | $281,865 |
Find assessor info on the county website
Neighborhood: 92780
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Nearby schools
GreatSchools rating
- 3/10Helen Estock Elementary SchoolGrades: K-5Distance: 0.9 mi
- 6/10Columbus Tustin Middle SchoolGrades: 6-8Distance: 1.3 mi
- 9/10Foothill High SchoolGrades: 9-12Distance: 3 mi
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- California
- Orange County
- Tustin
- 92780
- 16532 Lorelei Ln
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