$2,755,000
1032 BonitaTustin, CA 92780City Center
Sold
164 & 172 Preble Drive sold on March 25, 2026 for $3,300,000. The details are below for reference.
164 & 172 Preble Drive, Tustin, CA 92780
- 7,200 sq ft
- Built 1964
$3,300,000
Subdivision Fourplex
The home
About 164 & 172 Preble Drive
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.
Property details for 164 & 172 Preble Drive
This fourplex sits in the Fourplex neighborhood of Tustin in Orange County. It offers 7,200 square feet of living space. The home was built in 1964. The MLS record lists the assessor parcel number as 401-591-14. Highlights include a fireplace, single-story living, an eight-car garage, air conditioning, and traditional architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $3,300,000
- Days On Site
- N/A
- Bedrooms
- N/A
- Inside Area (SqFt)
- 7,200 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1964
- MLS® Number
- OC24214946
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Quadruplex
- MLS Number
- OC24214946
- Year Built
- 1964
- Lot Size (sq ft)
- 23,387
- Lot Size (acres)
- 0.5369
- Levels
- One
- Garage Spaces
- 8
- Parking Spaces
- 20
- View
- None
- Parcel Number
- 40159114
- On Market Date
- 2024-10-18
- Listing Terms
- Standard
Interior Features
- Interior Features
- All Bedrooms Down, Walk In Closets
- Appliances
- Electric Range, Electric Water Heater, Free Standing Range, Disposal, Range Hood, Vented Exhaust Fan, Water Heater
- Flooring
- Carpet, Laminate, Vinyl
- Heating
- Electric, Fireplaces
- Cooling
- Wall Window Units
- Fireplace
- Living Room, Wood Burning
- Laundry
- Common Area, Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
- Entry Level
- 1
- Common Walls
- Two Common Walls Or More
- Windows
- Blinds, Screens
Exterior Features
- Architectural Style
- Traditional
- Exterior Features
- Lighting, Rain Gutters
- Roof
- Composition, Shingle
- Construction
- Brick, Stucco, Wood Siding
- Foundation
- Slab
- Lot Features
- Zero To One Unit Acre
- Parking
- Assigned, Garage, Garage Door Opener, Private, Storage, Tandem
- Fencing
- Good Condition, Security, Wood
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
- Units
- 8
Community Features
- Subdivision
- Fourplex
- Community Features
- Curbs, Gutters, Street Lights, Suburban, Sidewalks
- Security
- Security Lights
The record
Property History for 164 & 172 Preble Drive
| Date | Event | Price | Note |
|---|---|---|---|
| Mar 25, 2026 | Sold | $3,300,000 | |
| Oct 18, 2024 | Listed for sale | $4,400,000 |
Next steps
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Listed by Jay Johnson of ASM Investments
Listing information updated May 22, 2026 at 12:24 PM PT. Source: CRMLS.
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. The 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.