15642 Pasadena Ave, Tustin, CA 92780
OFF MARKET
Listed by Tyler Leeson, Marcus & Millichap RE Invest, (714) 713-9086 . Bought with NONMEMBER MRML

$5,675,000

Last sold price
  • 25 Beds
  • 25 Baths
  • 12,092 sqft (on 0.46 acres)

15642 Pasadena Ave, Tustin, CA 92780

Currently Off Market - Sold Feb 27, 2024 for $5,675,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
16592-16596 Alliance Ave, Tustin, CA
0.37
Multi-Family Home
$2,400,000
11/06/25
13
8
8,034
15582 Boleyn Cir, Tustin, CA
0.12
Multi-Family Home
$1,899,000
06/01/26
9
5
5,068
164 & 172 Preble Dr, Tustin, CA
0.84
Multi-Family Home
$3,300,000
03/25/26
16
8
7,200
2221 E Lenita Ln, Santa Ana, CA
1.87
Multi-Family Home
$5,200,000
08/20/26
26
26
16,897
1402 S Minnie St, Santa Ana, CA
1.44
Multi-Family Home
$2,250,000
05/15/26
12
10
6,648
18281 Plaza Way, Tustin, CA
1.39
Multi-Family Home
$2,020,000
08/17/26
9
8
4,379
1419-1423 S Sycamore St, Santa Ana, CA
2.21
Multi-Family Home
$3,100,000
12/23/25
24
12
8,995
14782 Holt Ave, Tustin, CA
1.32
Multi-Family Home
$1,750,000
09/25/25
8
4
3,554
120 E Pine St, Santa Ana, CA
2.09
Multi-Family Home
$3,700,000
06/11/26
10
14
7,350
935 W Bishop St, Santa Ana, CA
2.69
Multi-Family Home
$3,825,000
03/05/26
24
12
9,784

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
15631 Pacific St, Tustin, CA 92780
0.08
$1,261,400
5
2
1,775
Off Market
15621 Pacific St, Tustin, CA 92780
0.08
$899,900
5
2
1,775
For Sale
17121 McFadden Ave #11, Tustin, CA 92780
0.11
$552,500
2
2
1,028
Off Market
15712 Pasadena Ave #8, Tustin, CA 92780
0.11
$545,000
2
1
921
For Sale
17256 Nisson Rd #D, Tustin, CA 92780
0.14
$690,900
3
1.5
1,197
Off Market
17232 Nisson Rd #D, Tustin, CA 92780
0.14
$688,600
2
1.5
1,064
Off Market
17202 Medallion Ave, Tustin, CA 92780
0.17
$1,094,400
3
2
1,400
Off Market
17274 Nisson Rd #A, Tustin, CA 92780
0.16
$730,600
3
2
1,197
Off Market
15582 Boleyn Cir, Tustin, CA 92780
0.12
$1,899,000
9
5
5,068
Recently Sold
17242 Medallion Ave, Tustin, CA 92780
0.19
$1,099,998
3
2
1,410
For Sale
39 Via Entrada, Tustin, CA 92780
0.23
$129,000
3
2
1,343
Recently Sold

Local Information

  • Map ViewExplore the area around 15642 Pasadena Ave.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1989
0.46 acre lot
12,092 sqft
Garage

About this House

15642 Pasadena Avenue is an 11-unit multifamily investment opportunity located in Tustin, California. Built in 1989, 15642 Pasadena Avenue consists of 4, one-bedroom units and 7, three-bedroom townhome units. Situated on a 0.46-acre lot, the property features amenities including central air and heat, individual water heaters, private patios, and ample garage parking. Additionally, units at 15642 Pasadena Avenue include desirable features such as stainless steel appliances (select units), quartz countertops (select units), vinyl, tile, and carpet flooring, fireplaces, and in-unit laundry. Furthermore, current ownership has identified the potential for the creation of two accessory dwelling units (ADUs), through the conversion of existing garage space into livable units. This conversion would diversify the unit mix, increase the overall unit count by 18%, and generate substantial additional rental income.
15642 Pasadena Avenue has an excellent central Southern California location, situated just south of the State Route 55 and Interstate 5 interchange, providing residents with easy access to Los Angeles, Orange, and Riverside Counties. Additionally, the property is just over 0.50 miles from Old Town Tustin and a plethora of major retail centers along Newport Avenue.
15642 Pasadena Ave, Tustin, CA 92780 is a 25 bedroom, 25 bathroom, 12,092 sqft multi-family built in 1989. It last sold for $5,675,000 on Feb 27, 2024 (1% below the $5,725,000 asking price). More recently, it was listed as a rental in April 2026 with an asking price of $3,500 per month. That rental listing was removed on April 24, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $4,088/month.

Home Details for 15642 Pasadena Ave

Interior Features

Beds & Baths
Number of Bedrooms: 25Number of Bathrooms: 25
Appliances & Utilities
Laundry: Inside
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: First Level

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 25Number of Covered Spaces: 25Open Parking Spaces: 3Has a GarageParking Spaces: 28Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 5

Property Information

Year Built
Year Built: 1989
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 40217102

Price & Status

Price
List Price: $5,725,000
Status Change & Dates
Off Market Date: Mon Feb 05 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: TustinCommunity: , Pasadena

Building

Building Area
Building Area: 12092 Square Feet

Community

Community Features: Curbs, Gutter(s), SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.46 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash to New Loan, 1031 Exchange

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: OC24022409Living Area Range Units: Square FeetAttribution Contact: 714-713-9086Common Interest: Community ApartmentUniversal Property Id: US-06059-N-40217102-R-N

Additional Information

CurbsGutter(s)Sidewalks

Price and Tax history

DateEventPrice
Apr 24, 2026
Source: CRMLS #SB26079122
ListingRemoved
$3,500
Apr 13, 2026
Source: CRMLS #SB26079122
Listed For Rent
$3,500
Jan 20, 2026
Source: CRMLS #SB25236106
ListingRemoved
$3,400
Jan 7, 2026
Source: CRMLS #SB25236106
PriceChange
$3,400
Price decreased by 3%
Dec 12, 2025
Source: CRMLS #SB25236106
PriceChange
$3,500
Price decreased by 3%

Market trends in Tustin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.24M
$23.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$659
$9MoM
Available listings
139
4MoM

Around this home

What Locals Say about Tustin

At least 568 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 88 % Say it's dog friendly

  • 79 % Say car is needed

  • 75 % Say streets are well-lit

  • 72 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 68 % Say it's walkable to restaurants

  • 67 % Say it's walkable to grocery stores

  • 65 % Say people would walk alone at night

  • 61 % Say it's quiet

  • 58 % Say yards are well-kept

  • 56 % Say parking is easy

  • 54 % Say they plan to stay for at least 5 years

  • 48 % Say neighbors are friendly

  • 38 % Say there's wildlife

  • 32 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Move and concerts in the park. Various events in OldTown Tustin. Multiple fairs and police open houses every year."
    0
    Flag
  • Alisha Smith
    "Street fairs and holiday parties at the local shopping centers and churches. A lot of sports for the kids to participate in. "
    0
    Flag
  • Liss
    "Old Town Tustin has a ton of events on a regular basis… a farmers market, Tustin PD does a Santa event that drives through all neighborhoods "
    0
    Flag
  • Alisha Smith
    "The neighbors are neighborly. Not a lot of fun things to do in the community. The schools aren’t rated as high as I would like, but there are a lot of things for kids to do."
    0
    Flag
  • Christian Lopez
    "They’re shopping very close by and also dining very close by there’s a lot of cars nearby almost everywhere and kids could go and play with their families and have a great time."
    0
    Flag
  • Celine Mangahas
    "4th of July parade and fireworks at Tustin high school, local art shows and wine tastings, tiller days "
    0
    Flag
  • Alexandra Hernandez
    "Super safe and a great place to raise a family. I plan on staying here for a long time. The schools are great too"
    0
    Flag
  • Karye Ann Kaviani
    "It's a great place for people with dogs. Friendly, walkable, clean, mostly safe (west of the 55 is a bit sketchy). "
    1
    Flag
  • Trulia User
    "I love this area because the neighbors are so sweet, it's incredibly safe and just an overall beautiful area. Unfortunately we have noticed the property shifting/sinking so it will be time to leave soon. "
    2
    Flag
  • Trulia User
    "My neighborhood is ideally located near the marketplace and other useful facilities including a Golf course and two parks. This neighborhood is very safe and very good to raise a family."
    1
    Flag
  • Trulia User
    "I drive a couple lights to the 5 freeway. Not too busy around 7. The 5 gets congested near the 55, but it’s not too bad."
    1
    Flag
  • Trulia User
    "People are walking their dogs all the time and taking them to the nearby parks. There are also dog friendly trails close by!"
    0
    Flag
  • Natalie L.
    "The public transportation is here. however it is near major businesses. It is a far walk or a short drive to get to them. The train is close as well. "
    0
    Flag
  • Erbautista
    "no public commute, buses dont go our area. tustin ranch, also no crossing guides for kids in school crossings "
    0
    Flag
  • Chrispavlik89
    "It is a well kept up area. Feels safe. Lots and lots of trees and bushes and plenty of activities to do "
    0
    Flag
  • Danielmalta
    "It’s a nice place to live. Parks and shops near by. Modern Walkable neighborhood that is worth the price. "
    3
    Flag
  • Danielmalta
    "You get what you pay for. Beautiful neighborhood hood. Walking distance from the market place. Great place to live "
    0
    Flag
  • Rwittumw
    "My commute to Orange is easy and traffic is usually not too heavy except where the 5 meets the 57. Then it can get bad. "
    1
    Flag
  • Alex S.
    "This is a truly family oriented place. Tustin Ranch specially is best versus Tustin. Newer places. More expensive but nicer. There are some really mice older neighborhoods in Tustin but it borders Santa Ana which has medium crime "
    0
    Flag
  • Cherlyn C.
    "Quick & Easy, but I work a mile away. Jamboree by the District and by the Marketplace has traffic jams during peak hours."
    0
    Flag
  • Monica M.
    "Great city to raise your children. Lots of fun parks for kids. Very neighborly city and friendly neighbors. "
    2
    Flag
  • Alex S.
    "Truly a safe area. Great place to raise children. Schools are great. Crime is very low. Can walk at night safely and not worry about crime. Total opposite of like Santa Ana. Where it’s very dangerous w drugs prostitutes gangs carjackings. "
    3
    Flag
  • Danielmalta
    "Great place to live. You definitely get what you pay for. A quick stroll to the marketplace and a short drive to some great hike. "
    0
    Flag
  • Penni.echols
    "Very friendly and many owners with pets. Lots of dog parks and very safe neighborhood. A nice a trail to walk along "
    1
    Flag
  • Urielgarcia7201
    "Nothing really it’s dog friendly so I mean I think it’s okay to have a dog unless it’s aggressive but it’s a safe friendly and safe "
    0
    Flag
  • Unspecified
    "People ar always out walking their dogs. Most of the neighbors know each other and their respective dogs by name. for the owners with smaller dogs it seems poop isn't always picked up but overall it's OK. "
    0
    Flag
  • Rangeleduardo5150
    "We have a yearly chili-cook-off in June. A weekend long Tustin Tiller fair in October. It’s a nice town with good people. "
    1
    Flag
  • Sunsue T.
    "Pet friendly parks and grass areas. Sufficient let stations for clean up. For the most part, residents pick up after their dogs and maintain a clean area."
    0
    Flag
  • Julie C. M.
    "It’s nice old town neighborhood that is lovely. People are friendly and old town has nice shops and restaurants. "
    0
    Flag
  • Winniekr41
    "It’s overall a safe neighborhood for family with kids. The Tustin Old Town area is the recommended must go. "
    0
    Flag
  • Clara U. D. R.
    "There no parking in the street horrible problem cars that never move only the street sweepers Day so try to not rent around here "
    1
    Flag
  • Michelle B.
    "Tustin PD Open House is something I add to my calendar. They offer trainings and community awareness "
    1
    Flag
  • Mevanson1
    "The neighborhood has great parks and shopping centers and restaurants nearby. The HOA keeps the neighborhood up to date, well maintained and nice facilities."
    0
    Flag
  • Michael B.
    "tustin is pretty cool. the parks are nice and well kept. street parking can be a problem. as well, not enough parking tickets are given out. "
    0
    Flag
  • Jim W.
    "Tustin High School events i.e. 4th of July fireworks. Old town Tustin restaurants and music. Near Tustin Market Place. "
    0
    Flag
  • Joelle B.
    "I’ve lived in Tustin for 20 years, and love it. It has a small town atmosphere where you know your neighbors and everyone is friendly. Great schools and a great place to raise kids. "
    0
    Flag
  • Arleen j.
    "I have lived in Tustin for almost 12 years. Tustin is a quiet bedroom community. It has great shopping at the Marketplace and the District. Tustin also has great schools. Overall, it is a great place to live."
    0
    Flag
  • Smashershark
    "I've lived in this area for one year and a half and I am familiar with the surroundings including shopping centers and entertainment facilities "
    0
    Flag
  • vilma c.
    "Tustin Police Department close by makes things safe and very calm areas no gangs or defacing the community "
    0
    Flag
  • Jeff C.
    "It’s fantastic. I mean really fantastic. One of the greatest communities in Orange County. Work where you must, but live and shop in Tustin. Go Knights! North Tustin is really top notch. Super safe, beautiful homes, access to pretty much everything you need within 10 minutes."
    0
    Flag

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-07 08:15:18 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Frequently asked questions about 15642 Pasadena Ave

  • What is the price history for 15642 Pasadena Ave?
    15642 Pasadena Ave in Tustin, CA last sold for $5,675,000 in February 2024.
  • Is Tustin a buyer's or seller's market?
    Tustin is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Tustin?
    The median sale price in Tustin is $1.24M. That is up $23.33K from the prior month.
  • What do residents say about Tustin?
    Residents describe Tustin, CA as pedestrian-friendly, dog-friendly, and walkable to restaurants. See recently sold homes in Tustin, CA.
  • Does 15642 Pasadena Ave have laundry facilities?
    Yes, 15642 Pasadena Ave in Tustin, CA has laundry facilities.

Explore by feature - Pet Friendly

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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Apartments for Rent

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Off Market Homes Near 15642 Pasadena Ave

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