One of the three largest residential lots in Old Town Tustin is now available. The seller is open to selling the full property or the front lot (Parcel 1) separately, giving buyers flexibility on entry point and exit strategy. Parcel 1 is an unimproved lot with direct Main Street frontage and an existing water meter on site. Tentative Parcel Map 94-149 was approved at the Planning Commission level in 1994 and by City Council in 1995. County recordation is the remaining step. The entitlement work is done. Parcel 2 is the rear flag lot with the existing 3,432 SF residence, 4 bedrooms, 3.5 baths, pool, two fireplaces, and a 2-car garage. Hold it, rent it, or redevelop. ADU rights are confirmed on both parcels simultaneously: a converted ADU, a JADU up to 500 SF, and a detached ADU up to 800 SF. Sewer lateral replaced 2024. Variance in place for the existing front fence. Buyer to verify with the city. Old Town Tustin continues to attract significant buyer and developer interest. Walkable to restaurants, retail, and the weekly farmers market. This is a location that commands a premium and the lot size, entitlements, and flexibility to transact in pieces make this a rare find in a supply-constrained market.
15821–15825 S Myrtle Ave, Tustin Triplex Offered at $1,660,000 Located in a central Tustin location with convenient access to retail, schools, employment centers, and major transportation routes, this three-unit residential property consists of three detached units with separate entrances and individually metered electricity. The front unit (15821) is approximately 1,200 square feet and features 3 bedrooms and 2 bathrooms with a kitchen, living area, and private yard. The middle unit (15823) offers 2 bedrooms and 2 bathrooms with a kitchen, living area, private yard, and in-unit washer and dryer. The rear unit (15825) offers 2 bedrooms and 2 bathrooms with a kitchen and living area. Current gross rental income is approximately $7,321 per month (approximately $90,336 annually). Buyer to verify all information including income, expenses, square footage, permits, zoning, and property condition.
Tustin is located in California. Tustin, California has a population of 79,895. Tustin is more family-centric than the surrounding county with 35.55% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Tustin, California is $93,901. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Tustin is 35.6 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 46.5 degrees. The average rainfall is approximately 13.1 inches per year, with 0 inches of snow per year.
