- Tustin, CA

Property Details for -

Property type

Investment properties

Description

This exceptional investment opportunity presents a fully occupied, curated mini-suite ("pod") in a thriving Tustin location. Priced at $6,999, this pod is one of ten within a larger complex boasting a substantial waitlist exceeding 200 individuals. Currently generating a monthly rental income of $450, this represents the lowest-cost private space available in Tustin. The attractive monthly operating expenses of $285 encompass utilities, high-speed WiFi, weekly cleaning services, comprehensive property management, and a full-service operational support system. Tenants enjoy 24/7 access and a complimentary gym membership. The remarkably low average vacancy rate is less than five days, highlighting the strong demand for this type of accommodation. The underlying master lease agreement extends to 2028, transitioning to a month-to-month arrangement thereafter. This sale encompasses the individual pod and the proportional share of the master lease. This is a turnkey investment with proven profitability and minimal management requirements. The high occupancy rate and low vacancy period demonstrate a strong return on investment potential. The included amenities and services further enhance the appeal to tenants, ensuring continued high occupancy and rental income. This presents a unique opportunity to acquire a profitable and low-maintenance income-generating asset in a desirable Tustin location.

Location Insight

City

Tustin

County

Orange

State

California

Longitude

-117.814

Latitude

33.7372