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Based on information from California Regional Multiple Listing Service, Inc. as of February 25, 2018. 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. To view the full disclaimer, please click here.
Buying and Selling Multifamily, Duplex, Triplex, and Fourplex Properties in Tustin, Orange County
Tustin is located in Orange County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Tustin.
Tustin’s population was 78,049 as of 2012. The estimated median household income in 2011 was $77,827 (it was $55,985 in 2000). This is larger than the California median which was $57,287 in 2011. Because of a top 10% ranking in per capita and one of the shortest commutes in Southern California, the city was chosen in 2009 by Forbes as one of the top 25 towns to live well in America.
Tustin’s local economy is composed of a combination of service, retail, finance, insurance and real estate. The top two employers are ABM Industries with 1300 employees, followed by Tustin Unified School District with 1,004. Rockwell Collins Filter Products, Big Lots, Ricoh, and Lineage Power are also among the city’s top employers.
The city also enjoys being close to a variety of conveniences. The nearest major airport is John Wayne Airport. This airport has international and domestic flights from Santa Ana, California and is 2 miles from the center of Tustin. There are a couple hospitals near Tustin in Santa Ana, including Western Medical Center 2 miles away and Coastal Communities hospital, 6 miles away. There are many colleges close to Tustin, but the largest of them is the University of Phoenix Southern California Campus with 11,658 full time enrolled students about 6 miles away. The University of California Irvine, with 26,169 full time enrolled students, is about 9.6 miles away.
Tustin has many attractions, including the Marine Corps Air Station, which has two blimp hangars that are among the largest wooden structures ever built and are listed on the National Register of Historic Places. Other attractions include The Tustin Ranch Golf Club, Strike Bowling Lanes, and the Marconi Automotive Museum, which boasts a $30 million collection of exotic, classic and historic cars from around the world. Also, Disneyland is only 8 miles away.
All of these features make Tustin a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, growing community has great attractions, a healthy work industry, and above average rent. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.
Also serving other Orange County Cities.
This information was gathered from www.tustinca.org, city-data.com, and wikipedia.
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