So much potential and so much space. High CAP rate investment or development opportunity in the HOT neighborhood of North Tustin. Two rentable units: 1-story 1,800 sq ft 3 bed, 2 ba remodeled main house with 2-car garage, very large circular drive and big grassy back yard; plus a security gated back unit 800 sq ft remodeled 1 bed, 1 ba guest house with 6-car collector garage with lifts, equipment and storage leased for $3,000/mo by a classic car collector. Extremely rare 25,000 sq ft lot has room for sport/tennis court. County zoning permits a very large main house if expansion is desired. Peaceful residential area. Walk to Hewes Middle School, Foothill High. Close to shopping, restaurants and entertainment, quick access to Freeways. Live in front, rent back, or potential adult care facility. Expanded and totally remodeled kitchen and inside laundry with original 40s design elements. It still has the original solid hardwood floors, art deco bathrooms and cabinets - all in fantastic condition. It remains true to its classic mid-century period, except for some smart, tasteful upgrades, like double-paned energy efficient windows; air conditioning, gas range, dishwasher, and water heater. It was built by high quality craftsman with an excellent floorplan - formal entry, great room with fireplace connected to the dining room, separate wing with 3 large bedrooms and 2 bathrooms. Very wide covered patio, yard with space for sports/tennis ct, parking for RVs and ATVs.