Tustin sits in the geographic center of Orange County, minutes from the region's largest job base in Irvine and the airport area, with a stable, higher-income renter pool and some of the county's most sought-after schools. We represent buyers and sellers of 1960s to 1980s garden and courtyard-style buildings here, product that trades at a premium but rewards owners with low vacancy, strong tenant retention, and rent growth that holds up even in softer markets. Ongoing redevelopment at Tustin Legacy along with the retail and dining at The District and Old Town Tustin keep pulling households into the submarket, deepening demand for well-located small multifamily. There is no local rent control, so qualifying buildings fall under AB1482 only. We work with investors who prioritize quality of location and durability of income over a bargain entry price.
Price per unit
$360K to $520K per unit
Predominant vintage
1960s to 1980s garden and courtyard style
Rent control
AB1482 only
Parent county
Orange
Source: Q1 2026 SoCal multifamily research
Nearby submarkets
Other submarkets in this county
Frequently asked questions
Why do Tustin buildings trade at a premium?
Central location, quality schools, and a stable renter base support lower vacancy and durable rent growth.
Is Tustin rent controlled?
No local ordinance. Only statewide AB1482 applies to qualifying older buildings.
Who is the typical tenant?
Higher-income workforce households commuting to Irvine, the airport area, and greater central OC job centers.