164 Preble Drive

Off Market

164 Preble Drive

Tustin CA 92780

23387 sq. ft.

Multi-Family

Last sold for $3,300,000

Jay Johnson, last sold this property on 25 March 2026 after 200 days on market.

Overview

TWO RARE TUSTIN FOURPLEXS ON TWO SEPARATE HUGE LOTS, CONVENTIONAL CONFORMING FINANCING (2 separate loans) - TWO SEPARATE PROPERTIES BEING SOLD TOGETHER; each property will qualify for it's own financing no commercial loan necessary!!! 164 Preble Drive (APN 401-591-14) and 172 Preble Drive (APN 401-591-15); Approximately 23,387 square feet (over a half acre) according to county records. Close to Police Station, Library, Community Center, Old Towne Tustin, City Cultural and Administrative Centers, Food, Stores, and Restaurants; lots to explore and all within walking distance. Each property is comprised of 4 two bedroom one bath units (approximately 900 sqft each), 4 garage spaces, laundry room, and 6 open parking spaces (Total of 8 units, 8 garage spaces, 2 laundry rooms, and 12 open parking spaces). Each unit has a large enclosed patio off the dining area and a wood burning fireplace. Upside in rents, current rents shown go into effect March 1, 2025. Laundry rooms are currently on month-to-month lease so new owner can negotiate a new contract with laundry company or put own machines in for even more income. Separately metered for electric, no gas, all units are 100% electric. Both buildings have been repiped with pex and have had the roof replaced in the last 10 years. Convenient location near the 5 and 55 freeways.

Features

8 bedrooms

4 bathrooms

23387 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Tustin over the last 12 months.

Property history for 164 Preble Drive

2026

Sold

$3,300,000

25 Mar 2026 by Jay Johnson, of Jay Johnson, Broker

Happy sellers in Tustin

87%

87% of sellers in Tustin reported that their sale price either exceeded or met their price expectations.

Tustin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Tustin over the last 12 months.

Local market activity for 8 bedroom multi families in Tustin

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Tustin for a market analysis.

Christina Rodin-Atwater

at eXp Realty of California, Inc.

(50 reviews)

Get a market analysis

Maria Silva

at Hollywood Stars Realty

(6 reviews)

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Maricel Tayag

at HOMEQUEST REAL ESTATE

(23 reviews)

Get a market analysis

Charles Chacon Realty Group

at Keller Williams Corona

(88 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Tustin

Christina Rodin-Atwater

Christina Rodin-Atwater is a recommended agent for Tustin. They have 2 local sales and collected 1 local review across the last 12 months.

5 (50 reviews)
1 Review in Tustin
2 Sales in Tustin

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Maria Silva

Maria Silva is a recommended agent for Tustin. They have 1 local sale and collected 1 local review across the last 12 months.

5 (6 reviews)
1 Review in Tustin
1 Sale in Tustin

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Maricel Tayag

Maricel Tayag is a recommended agent for Tustin. They have 1 local sale and collected 1 local review across the last 12 months.

5 (23 reviews)
1 Review in Tustin
1 Sale in Tustin

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Charles Chacon Realty Group

Sellers who recommend Charles Chacon Realty Group have praised them for being local expert, attentive, dedicated, well-prepared, responsive, and proactive