Map location of 1661 Garland Avenue, Tustin, CA 92780
$888,888

1661 Garland Avenue

Active | Courtesy of: Devin Doherty CalDRE: 01323878 - eXp Realty of California, Inc.
5Beds
5Baths
2,327Sq Ft
Open House
Open HouseSat, 10/16/21 3:00 PM - 6:00 PM

Located In The Heart Of Tustin, This Cul-De-Sac Home Sits In An Amazing, Highly Coveted Neighborhood. The Home Boasts Five Spacious Bedrooms, 4.5 Bathrooms, Sits On A Huge 7800 Square Foot Lot. Exotic Fruit Trees Throughout The Spacious Backyard Provide A Serene Setting, Perfect For Entertaining Or Relaxing After A Long Day Of Fun In The Orange County Sun. Positioned Less Than Twenty Minutes Away From The Spectacular Beaches Of Orange County, The Tustin Marketplace, Disneyland And Professional Sporting Events...Wow! The Options Are Limitless! The Elegant Floor Plan Blends An Open Contemporary Concept With A Traditional Warm Feel Fit For Any Occasion. Looking For Great Schools? Red Hill Elementary And Tustin High School Are Highly Regarded Throughout Orange County As Tremendous Learning Environments. This Home Truly Has Everything You Are Looking For And At This Price, It Will Not Last Long! This Home Is Currently Operated As A Short-Term Rental With A Monthly Revenue Of Over $8000 Dollars. There Are 5 Units (Bedrooms) In The Home, All Of Which Generate Revenue By The Bedroom. This Property Has A Significant Rental History And An Incredible Cash Flow For Anyone Who Desires To Utilize It As A Rental Or Transform It To A Single Family Home. This Home Generates More Than Double The Area Average Rent And Would Be An Excellent Long-Term Investment For Someone Seeking Cash Flow In Orange County. There Are Many House Hack Options! Rooms With Attached Baths Rent For Approximately $100 Per Night And Rooms That Share A Bath Rent For Approximately $75 Per Night. There Are Four Units That Rent On Short Term Rental And One That Is Currently On Long Term Rental. The Property Can Be Delivered Vacant Or Filled With Wonderful Well Qualified Short Term Tenants. Another Option That A Buyer Has On This Home Is To Separate The Home To A One Level Three Bedroom House And A Two Bedroom Home With The Dual Masters Over The Garage. There Is Also A Possibility Of Building A Large Adu In The Back Yard Because The Lot Is So Large. This Home Is Perfect For A Couple Looking For A House Hack Where Your Tenants Can Pay All Or Some Of Your Mortgage. The Solar Lease Is From Tesla And Has Approximately 14 Years Remaining. The Monthly Payments Are $126/Mo And The True Up Was September At $400 For The Year And $70 For 2020. This Means That 20 Panel System Covers ALL Current Electric Needs. The Roof Was Replaced In 2016. Water Bill Approx $40/Mo, Gas $35/Mo. Security Cameras Stay.

Property Details

  • MLS# OC21225758
  • Date Listed10/11/2021
  • Days On Market 5 Days
  • Bedrooms 5
  • Bathrooms 5
  • Lot Size 7,841 SQFT
  • Sewer Sewer Assessment(s)
  • Subdivision -
  • Property Type Single Family
  • County Orange
  • Year Built 1964
  • Water Public
  • Square Feet 2,327 sq. ft
  • Price Per Sq. Ft $381.99

Interior Features

  • Appliances Built- In Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood
  • Flooring Wood, Stone
  • Cooling Central Air
  • Heating Other, Forced Air, Central
  • Fireplaces -
  • Additional Ceiling Fan(s), Granite Counters, Recessed Lighting, Main Level Master

Exterior / Lot Features

  • Exterior -
  • Roof Shingle
  • Lot Size Acres 0.18
  • Lot Size SQFT 7,840.80
  • Lot Features Back Yard, Cul- De- Sac, Front Yard, Garden, Sprinklers In Front, Level, Sprinkler System, Yard
  • Zoning -

Directions

From the 5 fwy.- Exit Redhill head north, Right on Melvin Way, Left on Dean St., Left on Garland Ave. Destination is on your right. Cross Streets: Irvine Blvd. and Dean St.

Sales & Tax History

Source: Public Records


Population & Environment

Source: Sperling's Best Places