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Sold for $2,020,000
  • Listed by: Sunny Hills Real Estate, Inc. • Lee D.K. Kam • Contact: 714-809-2347
    Bought with: Vinco Vinco Realty & Investments Inc
    $2,020,000

    18281 Plaza Way, Tustin, CA 92780

    9beds
    8baths
    4,379sqft
    Quadruplex
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $461/sqft
    $2,076 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,076/mo

    Zestimate® history
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    What's special

    Exceptional investment opportunity featuring a desirable Covington-style fourplex within the acclaimed Foothill high school attendance area. This well-maintained property is ideal for long-term investors or 1031 Exchange replacement property. The property offers an attractive unit mix consisting of One spacious 3-bedroom/ 2 bath unit,and 0ne 2bed/2bath units are located on the ground level, another Two units are located upstairs, providing a practical and desirable layout for tenants. All units have been remodeled and feature hardwood flooring, updated cabinetry, granite counter tops and upgraded bathrooms with quality finishes through. Private patio or balcony for every unit One 3 bedroom/2 bath unit with 2 car garages. Three 2 Bedroom / 2 Bath units with 1 -car garage and one assigned uncovered parking space each. This property offers strong tenant demand and excellent long-term appreciation potential in one of Tustin's most desirable rental market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lee D.K. Kam DRE #01119308 714-809-2347,

    Sunny Hills Real Estate, Inc.

    Bought with:

    Christopher Martinez Diaz, DRE #01917060

    Vinco Vinco Realty & Investments Inc

    Source: CRMLS,MLS#: PW26134650MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Appliances
    • Included: Dryer
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 4,379
    • Total interior livable area: 4,379 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Entry location: 0
    • Pool features: None
    Lot
    • Size: 8,276 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 40127144
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Gutter(s)
    HOA
    • HOA name: TustinPlaza Apartment Assn.
    • HOA phone: 888-390-6354
    • Second HOA fee: $970 quarterly
    Location
    • Region: Tustin

    Financial & listing details

    • Price per square foot: $461/sqft
    • Tax assessed value: $638,426
    • Date on market: 6/23/2026
    • Cumulative days on market: 9 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Total actual rent: 10350

    Price history

    DateEventPrice
    8/17/2026Sold$2,020,000-1.5%$461/sqft
    Source: CRMLS #PW26134650 Report a problem
    8/6/2026Pending sale$2,050,000$468/sqft
    Source: CRMLS #PW26134650 Report a problem
    7/8/2026Contingent$2,050,000$468/sqft
    Source: CRMLS #PW26134650 Report a problem
    6/23/2026Listed for sale$2,050,000$468/sqft
    Source: CRMLS #PW26134650 Report a problem
    2/24/2021Listing removed--
    Source: Owner Report a problem
    4/17/2020Listing removed$1,850
    Source: Owner Report a problem
    3/19/2020Price change$1,850-2.6%
    Source: Owner Report a problem
    12/21/2019Listed for rent$1,900
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $638,426 +2%
    2025$8,366 +4.8%$625,908 +2%
    2024$7,986 +2.8%$613,636 +2%
    2023$7,765 +1.9%$601,604 +2%
    2022$7,619 +1.9%$589,808 +2%
    2021$7,475 +0.6%$578,244 +1%
    2020$7,434 $572,315 +2%
    2019$7,434 +2.2%$561,094 +2%
    2018$7,273 +3.3%$550,093 +2%
    2017$7,043 $539,307 +2%
    2016$7,043 +1.7%$528,733 +1.5%
    2015$6,925 -1%$520,791 +2%
    2014$6,996 $510,590 +0.5%
    2013-- $508,283 +2%
    2012-- $498,317 +2%
    2011-- $488,547 +0.8%
    2010-- $484,896 -0.2%
    2009-- $486,049 +2%
    2008-- $476,519 +2%
    2007-- $467,176 +2%
    2006-- $458,016 +2%
    2005-- $449,036 +2%
    2004-- $440,232 +1.9%
    2003-- $432,164 +2%
    2002-- $423,691 +2%
    2001$4,427 +10.5%$415,384 +10.7%
    2000$4,005 $375,076
    Find assessor info on the county website

    Neighborhood: 92780

    Nearby schools

    GreatSchools rating