Listed by Jay Johnson, ASM Investments, (949) 289-3797 . Bought with Compass
164 Preble Dr
Tustin, CA 92780
- 16 Beds
- 8 Baths
- 7,200 sqft (on 0.54 acres)
$3,300,000
Last Sold: Mar 25, 2026
11% below list $3.7M
$458/sqft
Est. Refi. Payment $19,074/mo*
$3,300,000
Last Sold: Mar 25, 2026
11% below list $3.7M
$458/sqft
Est. Refi. Payment $19,074/mo*
16 Beds
8 Baths
7,200 sqft
(on 0.54 acres)
Homes for sale near 164 Preble Dr
Apartments for Rent
Local Information
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Description
TWO RARE TUSTIN FOURPLEXS ON TWO SEPARATE HUGE LOTS, CONVENTIONAL CONFORMING FINANCING (2 separate loans) - TWO SEPARATE PROPERTIES BEING SOLD TOGETHER; each property will qualify for it's own financing no commercial loan necessary!!! 164 Preble Drive (APN 401-591-14) and 172 Preble Drive (APN 401-591-15); Approximately 23,387 square feet (over a half acre) according to county records. Close to Police Station, Library, Community Center, Old Towne Tustin, City Cultural and Administrative Centers, Food, Stores, and Restaurants; lots to explore and all within walking distance. Each property is comprised of 4 two bedroom one bath units (approximately 900 sqft each), 4 garage spaces, laundry room, and 6 open parking spaces (Total of 8 units, 8 garage spaces, 2 laundry rooms, and 12 open parking spaces). Each unit has a large enclosed patio off the dining area and a wood burning fireplace. Upside in rents, current rents shown go into effect March 1, 2025. Laundry rooms are currently on month-to-month lease so new owner can negotiate a new contract with laundry company or put own machines in for even more income. Separately metered for electric, no gas, all units are 100% electric. Both buildings have been repiped with pex and have had the roof replaced in the last 10 years. Convenient location near the 5 and 55 freeways.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from March 26, 2026
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$458/sqft
Listed
180+ days ago
Home Details for 164 Preble Dr
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Interior Details Number of Rooms: 4Types of Rooms: Bedroom, Kitchen, Living Room, Other |
Beds & Baths Number of Bedrooms: 16Number of Bathrooms: 8 |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water ConnectedAppliances: Electric Range, Electric Water Heater, Free-Standing Range, Disposal, Range Hood, Vented Exhaust Fan, Water HeaterDisposalLaundry: Common Area,Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room |
Heating & Cooling Heating: Electric,Fireplace(s)Has CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: Living Room, Wood BurningSpa: NoneHas a FireplaceNo Spa |
Gas & Electric Electric: Standard |
Windows, Doors, Floors & Walls Window: Blinds, ScreensFlooring: Carpet, Laminate, VinylCommon Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: frontFloors: Carpet, Laminate, Vinyl |
View No ViewView: None |
Security Security: Security Lights |
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Exterior Home Features Roof: Composition ShingleFencing: Good Condition, Security, WoodExterior: Lighting, Rain GuttersFoundation: SlabNo Private Pool |
Parking & Garage Number of Garage Spaces: 8Number of Covered Spaces: 8Open Parking Spaces: 12Has a GarageNo Attached GarageParking Spaces: 20Parking: Assigned,Garage,Garage Door Opener,Private,Storage,Tandem |
Pool Pool: None |
Frontage Road Frontage: Alley, City StreetRoad Surface Type: Alley Paved, PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 352 |
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Year Built Year Built: 1964 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: QuadruplexArchitecture: Traditional |
Building Construction Materials: Brick, Stucco, Wood SidingNot a New ConstructionAttached To Another StructureHas Additional Parcels |
Property Information Parcel Number: 40159114Additional Parcels Description: 40159115 |
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Price List Price: $3,700,000Price Per Sqft: $458/sqft |
Status Change & Dates Off Market Date: Wed Jan 21 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: TustinCommunity: Fourplex |
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Building Area Building Area: 7200 Square Feet |
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Community Features: Curbs, Gutter(s), Street Lights, Suburban, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.54 acres |
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Special Conditions: Standard |
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Contingencies: BUYER TO COOPERATE WITH SELLER'S 1031 EXCHANGE. Seller is a licensed real estate broker.
Offers must be complete with POF, pre-approval/DU letter, and finished RPA. Contact listing agent with any questions, submit all offers to jay.johnson.cfe@gmail.com. Any and all statements regarding square footage, room dimensions, lot size, permits, zoning, rent control, use, schools, condition, features, etc. are approximate only and have not been verified by the Seller or Broker. Buyer and/or Buyer's agent are advised to investigate and independently verify the accuracy, condition, and suitability of the property including but not limited to the foregoing information on the MLS. Property is being sold AS IS.Listing Terms: Cash, Cash to New Loan, Conventional, FHA, VA Loan |
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Expense Tenant Pays: Cable TV, Electricity, Telephone |
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No Rent Control |
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Mls Number: OC24214946Living Area Range Units: Square FeetAttribution Contact: jay.johnson.cfe@gmail.comBack On Market Date: Thu Mar 19 2026Common Interest: NoneUniversal Property Id: US-06059-N-40159114-R-N |
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CurbsGutter(s)Street LightsSuburbanSidewalksSource Internet Entire Listing Display |
Last check for updates: about 24 hours ago
Listed by Jay Johnson DRE #00969110
ASM Investments
Bought with: Pardis Shooli DRE #02048172, Compass
Co-Buyer's Agent: Kacey Taormina DRE #00969110, Compass
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC24214946

Price History for 164 Preble Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 03/25/2026 | $3,300,000 | Sold | CRMLS #OC24214946 |
| 03/19/2026 | $3,700,000 | Pending | CRMLS #OC24214946 |
| 03/19/2026 | $3,700,000 | Listed For Sale | CRMLS #OC24214946 |
| 03/24/2021 | ListingRemoved | N/A | |
| 08/17/2017 | $1,800 | ListingRemoved | N/A |
| 07/19/2017 | $1,800 | Listed For Rent | N/A |
Comparable Sales for 164 Preble Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.49 | Multi-Family Home | $1,750,000 | 09/25/25 | 8 | 4 | 3,554 | |
1.13 | Multi-Family Home | $2,400,000 | 11/06/25 | 13 | 8 | 8,034 | |
1.46 | Multi-Family Home | $2,925,000 | 08/25/25 | 2 | 17 | 8,577 | |
1.11 | Multi-Family Home | $1,355,000 | 02/10/26 | 5 | 4 | 2,274 | |
1.39 | Multi-Family Home | $1,409,000 | 06/27/25 | 6 | 5 | 3,043 | |
1.78 | Multi-Family Home | $1,543,500 | 08/18/25 | 8 | 5 | 4,300 | |
1.84 | Multi-Family Home | $1,350,000 | 10/14/25 | 6 | 6 | 3,800 | |
1.83 | Multi-Family Home | $1,311,250 | 01/09/26 | 8 | 4 | 3,260 | |
2.45 | Multi-Family Home | $1,725,000 | 02/13/26 | 11 | 9 | 4,500 |
Assigned Schools
These are the assigned schools for 164 Preble Dr.
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
Learn more about our methodology.
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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 2026-02-09 09:51:42 PST 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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
Homes for rent near 164 Preble Dr
Off Market Homes Near 164 Preble Dr
Explore by feature
164 Preble Dr, Tustin, CA 92780 is a 16 bedroom, 8 bathroom, 7,200 sqft multi-family built in 1964. This property is not currently available for sale. 164 Preble Dr was last sold on Mar 25, 2026 for $3,300,000 (11% lower than the asking price of $3,700,000).