
Santa Ana, California 92701
This property presents a High-Potential Investment Opportunity with a List Price of $520,000—positioned well above the $443,510 Fair Market Value by 17%. While the unit requires a full interior rehab due to its Fair Condition Rating, it offers access to the Tustin Unified School District and top-tier schools like Foothill High (9/10). Residents enjoy resort-style amenities including two pools, a spa, and tennis courts. This asset is ideal for Buy-and-Hold Investors or first-time buyers capable of executing a value-add renovation strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1008 Cabrillo Park C Subject | $520,000* List Price | 2 | 1 | 943 | $470 | - |
A 1380 Cabrillo Park G Sold | $503,000 | 2 | 2 | 974 | $516 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1972 (54 years old) and the listing provides no evidence of recent renovations to the kitchen, bathroom, or core systems. Based on the age exceeding 50 years without documented updates and the dated exterior features shown in images, the unit likely requires a full interior rehab to address functional obsolescence.
High School: Foothill High School (9/10).
The Redwoods community offers an extensive amenity package including two pools, a spa, tennis courts, a gym, and a clubhouse, providing excellent recreational value for residents.
The property is situated within the Tustin Unified School District and is zoned for top-tier schools like Foothill High (Rating 9), which is a significant draw for families and protects long-term resale value.
With 101 days on the market, the property has exceeded the typical selling period for the area, which may lead to buyer concerns regarding its pricing strategy or underlying condition.
The unit only provides one dedicated carport space, with the second space being unassigned and first-come, first-served, which can be a significant daily inconvenience for multi-vehicle households.
Welcome to The Redwoods! Highly desirable community with 2 pools, spa, tennis courts, gym, and clubhouse, surrounded by mature trees and lush landscaping. This Condo offers 2 bedrooms and 1 bathroom. It features 1 carport parking and the 2nd parking is an uncovered first come-first park.
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades 6-8 • 1.3 mi
Grades K-8 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 943 | 936.5 |
| Lot Size | 124,059 | 256,727 |
| Price | $520.0K | $452.8K |
| Price per sq ft | $551 | $541 |
| Built year | 1972 | 1970 |
| HOA | $485.0 | $492 |
| Days on market | 119 | 73 |
Mar 25, 2026
$520,000
Initial Listing
Mar 8, 2010
$140,000
Public Record
Apr 19, 2005
$320,000
Public Record