16532 Lorelei Lane

Tustin, CA 92780

$1,285,000
Price
5
Beds
5
Baths
2,631 Sq. Ft.
$488 / Sq. Ft.
2,631
Sq. Ft.
$488
per Sq. Ft.

Description

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...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.
  1. Listed by Margaret Van Herk • DRE #00702474 • Brokerage DRE #00745605 • Seven Gables Real Estate • 714-356-8453
  2. Listed by Andrew Van Herk • DRE #02028466 • Brokerage DRE #00745605 • Seven Gables Real Estate

Property Details for 16532 Lorelei Lane

Architectural Style
Traditional
View
Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 10/11/2024 11:27 PM

Property Details for 16532 Lorelei Lane

StatusActive
MLS #OC24206985
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
Lot Size0.16 AC / 6,970 SF
CountyOrange County

Building Information for 16532 Lorelei Lane

Stories2Residences-Year Built1978Building Size-Lot Size0.16 AC / 6,970 SF

Property Information for 16532 Lorelei Lane

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $67,200
  • Net Operating Income: $60,792
Expense Details
  • Operating Expense: $6,408
  • Gardener Expense: $2,121
  • Pest Control Expense: $375
  • Insurance Expense: $1,800
  • Trash Expense: $716
  • Water Sewer Expense: $1,396
  • Total Expenses: $6,408
Tax / Assessment Info
  • Tax Tract Number: 10029
  • Tax Census Tract: 744.08
  • CFD/Mello-Roos Fee: $696
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Equipment: Dishwasher, Garage, Gas Dryer Hookup, Microwave, Washer Hookup
  • Interior Features: Ceiling Fan(s), High Ceilings, Quartz Counters
  • Room Type: Kitchen, Living Room, Primary Bedroom
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Tile
Exterior Features
  • Door Features: Sliding Doors
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Exterior: Stucco, Wood
  • Roof: Composition, Shingle
  • Entry Location: front
  • Fence: Yes
  • Fence: Privacy, Wood
  • Fencing: Privacy, Wood
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Level, Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage: Direct Entrance, Garage, On street
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Direct Garage Access, Garage, Street
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,850
  • Unit Type Total Rent: $2,850
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,750
  • Unit Type Total Rent: $2,750
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2

Property History for 16532 Lorelei Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16532 Lorelei Lane

Taxable ValueLand$741,928Additions$191,090Total$933,018
Tax Record2024$10,668 ($889 / month)
Home Facts
Total Finished SqFt2,631 SqFtAbove Grade Finished SqFt2,631 SqFtStories2Lot Size7,167 SqFtStyleDuplexYear Built1978CountyORANGEAPN402-271-09

Schools near 16532 Lorelei Lane

This home is within Tustin Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Helen Estock Elementary School
PublicK to 5

Columbus Tustin Middle School
Public6 to 8

Foothill High School
Public9 to 12

Tustin Connect
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

16532 Lorelei Lane is a multi-family home for sale in Tustin, CA 92780. This property was listed for sale on October 3, 2024 by Seven Gables Real Estate, it's currently listed at $1,285,000. It has been on the market for a total of 11 days and was last sold on August 21, 2016. This listing's school district is Tustin Unified School District. Nearby schools include Helen Estock Elementary School, Columbus Tustin Middle School and Foothill High School. 16532 Lorelei Lane is a 5-bed, 5-bath, 2,631 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Seven Gables Real Estate, Margaret Van Herk, DRE #00702474; Seven Gables Real Estate, Andrew Van Herk, DRE #02028466

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.