Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1042 San Juan St Tustin, CA 92780

    Sponsored
    For Sale
    $6,200,000

    Commercial/Residential - Tustin, CA

    Property size:
    11,800 SF
    Lot size:
    18,000.00 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 25 at 7:06 pm

    Property Features for 1042 San Juan St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    New Construction
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    20
    Bathrooms
    22
    APN
    50015318
    Parking
    16
    Exterior features
    Community Features Included: Sidewalks, Street Lights, Suburban, Lot 10000-19999 Sqft, Rectangular Lot, Paved
    Size
    11,800 SF
    Lot size
    18,000.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Floors in Building
    1
    Number of units
    6
    Architectural style
    Other

    We can help!

    Listing Contact
    Matthew Shinn

    Shinn Real Estate Group (714) 884-4663

    Listing agent Matthew Shinn (310) 968-3898 License #01755855

    Listing date Feb 24, 2026

    MLS# OC26040648 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Tustin Multi-Unit Residential Oasis

    Located in Tustin, California, this property features a modern multi-unit residence on an 18,000 sq.ft. lot. The property includes 11,800 sq.ft. of living space, featuring five new units and a remodeled single-level home. There are four three-level townhouse-style homes, each with a 2,000 sq.ft. layout, three bedrooms plus an office, and three-and-a-half bathrooms, along with a large second-floor balcony. Additionally, there are two standalone residences, each featuring four bedrooms and three bathrooms with private front and side yards. The units feature high-quality materials, soaring ceilings, and functional floorplans with open-concept layouts and expansive windows. Each kitchen includes ample counter space and storage. All units have a 2-car garage and are separately metered. Situated off Newport Avenue near freeways 5 & 55, the location provides access to Old Towne Tustin’s boutiques, local eateries, Tustin Plaza shopping center, OC Library, Tustin High School, and grocery markets. This property offers an investment opportunity in Orange County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Feel Good Chairs Furniture & Home Goods

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tustin
    County
    Orange
    State
    California
    Longitude
    -117.8189726
    Latitude
    33.7403173

    Nearby Similar for Sale

    • $1,000,000
      1,457 SF

      Charming Craftsman Home with Guest House

      Charming Craftsman-style home with guest house in Old Town Tustin.
      135 El Camino Real, Tustin, CA 92780
      View Details
    • $2,250,000
      Pending

      Tustin Mixed-Use Commercial Building

      Two-level building with retail, office, and warehouse space.
      3045 Edinger Ave, Tustin, CA 92780
      View Details
    • $140,000

      Tustin Restaurant Business Opportunity

      Turnkey restaurant with beer and wine license in downtown Tustin.
      682 El Camino Real, Tustin, CA 92780
      View Details
    • $2,150,000
      2,580 SF

      Historic Office Building For Sale

      Historic office building with excellent freeway access, renovated in 2021.
      14891 Yorba St, Tustin, CA 92780
      View Details
    • $3,750,000
      7,160 SF

      Historical Building with Retail Tenants

      Historical building for sale with restaurant and clothing tenants.
      140-158 W Main St, Tustin, CA 92780
      View Details
    • $3,750,000
      7,160 SF

      Historical Landmark in Old Town

      Historical landmark in Old Town Tustin, ready for immediate occupancy.
      140 W Main St, Tustin, CA 92780
      View Details
    • Contact for pricing
      15,736 SF

      Retail Space in Tustin Village

      Retail space in a densely populated area with easy access.
      15761 Tustin Village Way, Tustin, CA 92780
      View Details
    • Contact for pricing
      6,824 SF

      Tustin Freestanding Office Building

      6,824 SF Class A office building in Tustin, CA.
      1785 Flight Way, Tustin, CA 92782
      View Details
    • $1,999,999

      Tustin Restaurant with Drive-Thru

      Freestanding restaurant with drive-thru and ample parking available for sale.
      14551 Newport Ave, Tustin, CA 92780
      View Details
    • Contact for pricing
      73,228 SF

      Versatile Office/Industrial Condo in Tustin

      3,528 SF R&D condo with bonus mezzanine and warehouse.
      1382 Valencia Ave, Tustin, CA 92780
      View Details
    • $219,900

      Specialty Property for Sale

      Specialty property available for purchase.
      129 S Colombo Ln, Tustin, CA 92780
      View Details
    • Contact for pricing

      Prime Medical/Retail Space Available

      Located in a high-traffic, high-income Tustin community.
      13112 Newport Ave, Tustin, CA 92780
      View Details

    FAQs

    What type of property is this?
    Apartment building - Modern multi-unit property with remodeled home in desirable Tustin.
    Where is this apartment building located?
    The property is located at 1042 San Juan St Tustin, CA.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: - Brand new multi-unit property featuring five newly built units and one remodeled single-level home.; - Expansive 18,000 sq.ft. lot in a desirable Tustin neighborhood.; - Four townhouse-style units boasting 2,000 sq.ft., three bedrooms plus an office, and three-and-a-half bathrooms.
    (310) 968-3898
    Request Owner's contact information
    1042 San Juan St Tustin, CA 92780
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1042 San Juan St
    Tustin, CA 92780
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1042 San Juan St Tustin, CA 92780
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matthew Shinn
    Real Estate License ID: 01755855
    (310) 968-3898 (714) 884-4663
    Learn more
    Google sign-in failed. Please try again or use another login method.