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Remodeled Quadplex with Patios and Garages
For Sale
$2,050,000
Pending

18281 Plaza Way, Tustin, CA 92780

MULTI_FAMILY - Tustin, CA

Property SizeContact for details
Lot Size0.19 Acres
Days on Market51

Property Features for 18281 Plaza Way

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 9
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 5, Bedroom 7, Bathroom 5, Bedroom 6, Bathroom 8, Laundry Room, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 6, Bathroom 1, Bathroom 7, Bedroom 9, Bathroom 3, Bathroom 2, Bedroom 8, Bedroom 2, Bedroom 4
Parking 5
Lot features 2-5 Units/ Acre
Directions E/ Holt, N/ Irvine Blvd. TG 830-C2
Subdivision NTS - North Tustin
Standard status Pending
APN 40127144
Lot size 0.19 Acres

Taxes and HOA fees

HOA Fee $970 Quarterly

Utilities

Sewer type Public Sewer
Water source Public

Amenities

hardwood flooring
updated cabinetry
granite counter tops
upgraded bathrooms
private patio or balcony

Building Details

Year built 1977
Floors in Building 2
Number of units 4
Listing Agency: Sunny Hills Real Estate, Inc. · Century 21 Real Estate
Listed By: Lee D.K. Kam · License #01119308
Added: Jun 21 Changed: Aug 7 Last Checked: Aug 10 at 6:06PM
MLS# PW26134650

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.

Investment Insights

Based on property information with market context.

This remodeled quadplex at 18281 Plaza Way offers a practical two-level layout with private outdoor space for every unit. The property includes one 3-bedroom, 2-bath unit and three 2-bedroom, 2-bath units. Units feature hardwood flooring, updated cabinetry, granite countertops, and upgraded bathrooms with quality finishes throughout. Each unit has a private patio or balcony.

Built in 1977, the property sits on a 0.19-acre lot and is served by public water and public sewer. Parking is provided in a mix of garage and uncovered spaces: the 3-bedroom unit includes a 2-car garage, while each of the three 2-bedroom units includes a 1-car garage and one assigned uncovered parking space.

The unit configuration is well suited for long-term rental occupancy given the mix of bedrooms and dedicated parking per unit.

Key Highlights

  • Remodeled quadplex with private patio or balcony for every unit
  • One 3‑bedroom, 2‑bath unit plus three 2‑bedroom, 2‑bath units
  • Parking mix: 2‑car garage for the 3‑bedroom; each 2‑bedroom has a 1‑car garage plus 1 assigned uncovered space

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Butcher Pet Grooming Service Furniture & Home Goods Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,289
Businesses Nearby

Demographics for 92780, CA

56,034
Population
18,308
Households
3.1
Avg Household Size
36
Median Age
36%
College-Educated
85%
High-School Grad
6.3 sq mi
ZIP Area
8,894
Density / Sq Mi
$98,647
Median Household Income
$44,849
Median Earnings
$2,211
Median Rent
$832,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Remodeled quadplex on a 0.19-acre lot with one 3-bedroom unit and three 2-bedroom units, each with a private patio or balcony.
Where is this quadplex located?
The property is located at 18281 Plaza Way Tustin, CA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Remodeled quadplex with private patio or balcony for every unit; One 3‑bedroom, 2‑bath unit plus three 2‑bedroom, 2‑bath units; Parking mix: 2‑car garage for the 3‑bedroom; each 2‑bedroom has a 1‑car garage plus 1 assigned uncovered space
More about this property
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