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Multifamily

Terra at Tustin

Tustin, CA

116 Units

Built in 1969

Value Add

Investment Highlights

  • Rare Buying Opportunity - Terra at Tustin is a 116-unit multifamily investment property located in Tustin, one of the premier housing markets in Southern California.
  • Turn-key Asset with Proven Value-add - Current ownership has infused approximately $1 million in capital improvements since 2017 to improve common areas and enhance unit interiors, distinguishing Terra at Tustin as one of the premier rental communities in the submarket.
  • Prime Tustin Location - Terra at Tustin is situated within half a mile of Interstate 5 and State Route 55, providing residents with convenient access to major employment hubs throughout Orange, Los Angeles and Riverside Counties.
  • Low Home Ownership Affordability - A vast majority of households are priced out of single family home ownership in Tustin as the average monthly mortgage payment on a median priced single family home exceeds average monthly rents at Terra at Tustin by $1,965 or 106.56%.

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