12,092 sqft

$5,675,000

15642 Pasadena Avenue, Tustin CA, 92780

Price per sqft$469.32

Built in1989

Property size12,092 sqft

Property typeCondominium

Bought with General NONMEMBER with NONMEMBER MRML and Listed by Tyler Leeson CA DRE# 01451551 with Marcus & Millichap RE Invest 714-713-9086

Overview

Sold

Closed

Listed Jan 31, 2024

Updated Jun 19

15642 Pasadena Avenue is an 11-unit multifamily investment opportunity located in Tustin, California. Built in 1989, 15642 Pasadena Avenue consists of 4, one-bedroom units and 7, three-bedroom townhome units. Situated on a 0.46-acre lot, the property features amenities including central air and heat, individual water heaters, private patios, and ample garage parking. Additionally, units at 15642 Pasadena Avenue include desirable features such as stainless steel appliances (select units), quartz countertops (select units), vinyl, tile, and carpet flooring, fireplaces, and in-unit laundry. Furthermore, current ownership has identified the potential for the creation of two accessory dwelling units (ADUs), through the conversion of existing garage space into livable units. This conversion would diversify the unit mix, increase the overall unit count by 18%, and generate substantial additional rental income. 15642 Pasadena Avenue has an excellent central Southern California location, situated just south of the State Route 55 and Interstate 5 interchange, providing residents with easy access to Los Angeles, Orange, and Riverside Counties. Additionally, the property is just over 0.50 miles from Old Town Tustin and a plethora of major retail centers along Newport Avenue.

Additional information

MLS^® ID: OC24022409

Interior Features

Basement: No

Exterior Features

Lot Size: 0.46 Acres

Other Property Details

Maintenance Expense: $6,600
Garage: Yes
55+/Senior Community: No

Bought with General NONMEMBER with NONMEMBER MRML and Listed by Tyler Leeson CA DRE# 01451551 with Marcus & Millichap RE Invest 714-713-9086

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. 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. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 2:14 PM UTC Last Checked: 2:14 PM UTC