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Sold on 12/09/2024
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16532 Lorelei Ln, Tustin, CA 92780

$1,339,000

Last sold 12/09/2024 for $1.22M

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    bed

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    bath

Multi-family not for sale
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About 16532 Lorelei Ln

Property type Multi-family
Year built 1978
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property 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 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.
Listed by
Listing Agent - Margaret Van Herk
Listing Agent Contact: 714-356-8453
Listing Office - Seven Gables Real Estate
Source: CRMLS mls logo
MLS#OC24206985 • last updated 1 year ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two, Traditional
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.16
Lot Size (SqFt) 6970
Year Built 1978
Interior
Flooring Tile
Appliances Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
Interior Features Ceiling Fan(s), High Ceilings, Quartz Counters
Window Features Double Pane Windows
Exterior
Foundation Slab
Construction Stucco, Wood Siding
Building Area Square Feet, 2631
Parking Direct Garage Access, Garage, Street
# Parking Spaces 4
# Garage Spaces 4
Lot Description Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Level, Yard
Amenities / Utilities
Fireplaces Living Room
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View Neighborhood
County Orange
Community Features Curbs, Sidewalks, Street Lights, Suburban
Subdivision Duplex, Other (OTHR)
Directions Cross Streets: Main Street / Williams Street
APN 40227109
Multifamily Details
Tenant Pays All Utilities
Expense: Trash 716
Operating Expense 6408
Expense: Insurance 1800
Total Expenses 6408
Expense: Water/ Sewer 1396
Gross Scheduled Income 67200
Expense: Gardener 2121
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$1.33M
Range: $1.2M-$1.47M
Last 30 days 
Rental est.: $1,780/month
Gross rent multiplier: 57.4
  • Dec 2024
    mls logo MLS # OC24206985
  • Dec 10, 2024 Sold
    $1,225,000
  • Dec 2, 2024 Pending
    —
  • Nov 19, 2024 Active
    —
  • Oct 3, 2024 Listed
    $1,285,000 (+56.7%)
  • Dec 2024
    Public Records
  • Dec 9, 2024 Sold
    $1,225,000 (-4.7%)
  • Aug 2016
    mls logo MLS # PW16046442
  • Aug 21, 2016 Sold
    $820,000
  • Aug 21, 2016 Sold
    $820,000
  • Aug 4, 2016 Pending
    —
  • Jun 20, 2016 Active
    —
  • Mar 4, 2016 Listed
    $825,900
  • Mar 4, 2016 Listed
    $825,900
  • Aug 2016
    Public Records
  • Aug 19, 2016 Sold
    $820,000 (-0.7%)
  • Jun 2016
    mls logo MLS # PW16023180
  • Jun 10, 2016 Cancelled
    —
  • Jun 10, 2016 Canceled
    —
  • May 15, 2016 Price Change
    $825,900 (-1.2%)
  • May 7, 2016 Price Change
    $835,900 (+0.1%)
  • May 1, 2016 Price Change
    $834,900 (-0.6%)
  • Apr 3, 2016 Price Change
    $839,900 (+1.7%)
  • Feb 3, 2016 Listed
    $825,900 (-2.2%)
  • Feb 3, 2016 Listed
    $844,900 (+28.0%)
  • Nov 2015
    Public Records
  • Nov 19, 2015 Sold
    $660,000
  • Nov 2015
    mls logo MLS # PW15128450
  • Nov 19, 2015 Sold
    $660,000
  • Nov 19, 2015 Sold
    $660,000 (-3.5%)
  • Aug 25, 2015 Hold Do Not Show
    —
  • Aug 25, 2015 Pending Sale
    —
  • Aug 12, 2015 Price Change
    $684,000 (-2.1%)
  • Jul 18, 2015 Price Change
    $699,000 (+2.2%)
  • Jun 13, 2015 Listed
    $684,000 (-7.2%)
  • Jun 13, 2015 Listed
    $736,900
  • Year Property taxes Tax assessment
  • 2024
    $10,668 +2.5%
    $933,018 +2.0%
  • 2023
    $10,411 +1.5%
    $914,724
  • 2022
    $10,258 +2.0%
    $914,724 +2.0%
  • 2021
    $10,053 +0.5%
    $896,789 +3.06%
  • 2020
    $10,001 +2.5%
    $870,190 +2.0%
  • 2019
    $9,756 +3.4%
    $853,128 +2.0%
  • 2017
    $9,431 +22.2%
    $836,400 +26.73%
  • 2016
    $7,718 +65.2%
    $660,000
  • 2015
    $4,673
    —
  • 16532 Lorelei Ln
    $1.22M
  • —
  • 92780
    $765K +11% y/y
  • Tustin
    $960K +1% y/y
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4/10
Helen Estock Elementary School
public Grades K-5
Tustin Unified School District
7/10
Columbus Tustin Middle School
public Grades 6-8
Tustin Unified School District
9/10
Foothill High School
public Grades 9-12
Tustin Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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