Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 15912 South Myrtle Avenue, a 4-unit multifamily investment property located in Tustin, California.
The 4,249 square foot property offers spacious two- and three-bedroom units, and amenities including garage, open parking, private patios, and private balconies. The property benefits from its proximity to State Route 55, Interstate 5, and Newport Boulevard a major retail thoroughfare. Additionally, 15912 South Myrtle Avenue is just one mile from the 1,600-acre Tustin Legacy development.
Tustin enjoys a strong resident base of highly educated, high-income wage earners with an average household income in excess of $110,000 a year. Moreover, the combination of highly regarded public schools, proximity to employment centers, and a widening home affordability gap in the marketplace has led to consistently strong demand for rental units.
Ideally positioned between State Route 55 and Interstate 5, 15912 South Myrtle Avenue is poised to capture the benefits of a solid rental market and enjoy future growth.