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Closed
- Listed price
- $765,000
- Listed Oct 1, 2014
- Sold price
- $705,000
- Sold Nov 13, 2014
8,480 sqft lot|1965 Built|44 days listed
305 E Third St, Tustin, CA 92780
Property Description
The 3rd Street apartments are a single story triplex in Tustin featuring 1 (2+2) and 2 (2+1) units. The structure is approximately 2,600 square feet and the lot is approximately 8,480 square feet. Unit amenities include, gas cooking, laundry hookups, large living room areas, vaulted ceilings, fenced backyard areas, garage parking, and open parking spaces. Operating costs for the building are low as the units are separately metered for utilities. The only landlord utility expenses are water and trash. The apartments are located in the heart of Tustin as they are situated right behind City Hall, Tustin Library and numerous newer developments which attract quality renters. Long term tenants (25+ years) occupy the apartments so vacancy has never been an issue. This is a value add opportunity as there is significant rental upside to an investor who is willing to upgrade the apartments where necessary. Listed Cap Rate and GRM based on Proforma Rents. Please see the attached marketing proposal for additional details.
Listing agent: Michael ArpDRE #01488586ma@investmentcapitalre.com, Listing office: Investment Capital Real Estate
MLS data updated 10/20/2026, 5:13:13 AM PT
Source: CRMLSMLS #: NP14211026
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$705,000
Nov 13, 2014
Available records22014
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92780 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92780 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.