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27076669
27076676

1370 San Juan St, Tustin, CA 92780

TL
CA CA 01451551
Marcus & Millichap - Orange County
DY
CA 01812690
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County
$5,800,000
262 days on market
Updated 34 days ago

1370 San Juan Street

Details
APN 932-621-79 through 932-621-87; 500-141-16
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,968
Net Rentable (SqFt) 11,968
Units 11
Cap Rate 4.16%
NOI $241,368
Pro-Forma Cap Rate 5.2%
Pro-Forma NOI $301,621
Price per SqFt $485
Year Built 1982 & 2025
Buildings 3
Stories 2
Acreage 0.330
Ownership Fee Simple

Multifamily | 11 Units | $527,273/unit

Marketing description

Download the Offering Memorandum: https://theleesongroup.com/properties/active-escrow/#/1370-san-juan-street

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present 1370 San Juan Street, an 11-unit multifamily investment opportunity in the heart of Tustin, California. Originally constructed in 1982, the property consisted of nine spacious townhome-style units including three 2 bed/2.5 bath units and six 3 bed/2.5 bath units. In 2025, ownership enhanced the community with the addition of two newly built 2 bed/1 bath accessory dwelling units (ADUs), bringing the total unit count to 11.

Each of the nine original units is individually parceled with its own APN, which provides a potential alternative exit strategy for future ownership through individual sales. These units also feature private balconies, a gated parking garage, and in-unit laundry hookups. The newly constructed ADUs were designed in a cottage-style layout that is single story with no shared walls. They include high quality finishes such as quartz countertops, shaker-style cabinetry, stainless-steel appliances, dual-pane windows, in-unit stackable laundry, recessed lighting, and vinyl flooring.

The property is exceptionally well located within Tustin. Residents benefit from immediate proximity to Tustin High School and numerous retail centers along both Red Hill Avenue and Newport Avenue. The community is also only minutes from Old Town Tustin, which offers historic charm, boutique shops, and a variety of dining options. Interstate 5 is nearby, providing convenient regional access. In addition, two of Orange County’s most prominent retail and entertainment destinations, The Marketplace and The District at Tustin Legacy, are located just a short drive away.

Opportunities of this nature seldom come to market in Tustin, where sales of multifamily assets larger than five units are rare. 1370 San Juan Street provides investors with a unique chance to acquire an 11-unit property that combines larger townhome-style residences, newly built standalone cottages, and the long-term flexibility of an existing condo map.

*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

Investment highlights

DIVERSE UNIT MIX WITH NEW ADUS

The community now totals 11 units, blending larger two- and three-bedroom, two-and-a-half-bath townhome residences with two newly built cottage-style ADUs.

MODERN FINISHES AND RESIDENT APPEAL

The ADUs were completed in 2025 and include quartz countertops, shaker-style cabinetry, stainless-steel appliances, dual-pane windows, in-unit laundry, recessed lighting, and vinyl flooring.

CONDO-MAPPED FLEXIBILITY

Each of the nine original units carries its own APN, providing an alternative exit strategy for future ownership through individual sales.

RESIDENT-FRIENDLY AMENITIES

The property offers desirable features such as private balconies, in-unit laundry hookups

(machines in ADUs), central air and heat, and a gated, grade-level parking garage.

STEPS FROM EDUCATION

The property directly borders Tustin High School, giving residents unmatched convenience for families with students.

CONNECTIVITY TO RETAIL AND OLD TOWN

Residents benefit from easy access to shopping and dining options along Red Hill Avenue and Newport Avenue, as well as the historic charm of Old Town Tustin.

REGIONAL CONNECTIVITY

Interstate 5 is close by, allowing for convenient commutes throughout Orange County and beyond.

LIFESTYLE AND ENTERTAINMENT ACCESS

Two of the region’s largest retail destinations, The Marketplace and The District at Tustin Legacy, are located just minutes away.

Listing Contacts

TL
CA CA 01451551
Marcus & Millichap - Orange County
DY
CA 01812690
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$241,368.00
$20,114.00/mo

Valuation Metrics

0
DSCR
4.16%
Cap Rate
4.16%
ROI

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Additional Information

Name
Tyler Leeson
License
CA 01451551
Brokerage Phone
7147139086
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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