
Tustin, California 92780
This Dual-Residence Property represents a High-Potential Investment Opportunity, listed at $1,495,000. While currently priced slightly above the $1,457,577 Fair Market Value, the property offers significant long-term upside through its 13,200-square-foot lot and Mint Condition Rating. Recent upgrades, including a new roof and EV charging, ensure immediate functionality. The rare dual-residence layout provides exceptional versatility for multigenerational living or supplemental rental income. This unique asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, high-utility property in the Tustin Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1236 La Colina Subject 4 bd · 3 ba · 1,691 sqft · $862 | $1,495,000* List Price | 4 | 3 | 1,691 | $862 | - |
A 12772 Elizabeth Way Sold 3 bd · 2 ba · 2,121 sqft · $733 · 0.3 mi | $1,555,000 | 3 | 2 | 2,121 | $733 | 0.3 mi |
B 1281 La Colina Drive Sold 3 bd · 2 ba · 1,593 sqft · $816 · 0.1 mi | $1,300,000 | 3 | 2 | 1,593 | $816 | 0.1 mi |
C 17965 Wellington Sold 3 bd · 2 ba · 1,665 sqft · $787 · 1.0 mi | $1,310,000 | 3 | 2 | 1,665 | $787 | 1.0 mi |
D 1431 La Colina Drive Sold 3 bd · 2 ba · 1,528 sqft · $874 · 0.2 mi | $1,335,000 | 3 | 2 | 1,528 | $874 | 0.2 mi |
E 1891 Running Branch Way Sold 3 bd · 2 ba · 1,352 sqft · $872 · 0.9 mi | $1,179,000 | 3 | 2 | 1,352 | $872 | 0.9 mi |
F 13422 Elizabeth Sold 4 bd · 2 ba · 2,045 sqft · $716 · 0.9 mi | $1,465,000 | 4 | 2 | 2,045 | $716 | 0.9 mi |
G 1402 Mauna Loa Road Sold 4 bd · 2 ba · 1,999 sqft · $725 · 0.8 mi | $1,449,000 | 4 | 2 | 1,999 | $725 | 0.8 mi |
H 12561 Kenwood Lane Active 4 bd · 2 ba · 2,215 sqft · $813 · 0.1 mi | $1,799,999 List Price | 4 | 2 | 2,215 | $813 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation within the last 5 years. Both residences feature modern kitchens with stainless steel appliances, updated bathrooms with frameless glass showers, and contemporary finishes like wood-plank ceilings and recessed lighting. Major systems have been recently upgraded, including a new roof, insulation, full high-speed wiring, and EV charging capability, placing it in mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13200, living area = 1691.
The property features two separate living units on a single lot, offering a rare and highly desirable setup for multigenerational living or potential rental income.
Situated at the end of a long gated driveway, the 13,200-square-foot lot provides exceptional privacy, ample room for RV/boat parking, and significant potential for future expansion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1691, other record living area = 1050. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With only 1,691 total square feet split between two separate residences, the individual living areas and bedrooms may feel compact for some buyers.
Despite the large lot and private setting, the property does not offer the territorial or city light views often sought after in the North Tustin area.
Tucked away at the end of a long gated driveway, 1236 La Colina Drive offers a rare opportunity to own two separate residences on an expansive 13,200-square-foot lot in Tustin. Combining privacy, flexible living arrangements, abundant outdoor space and intriguing long-term possibilities, this distinctive property is ideally suited for multigenerational living, extended family, guests, live-in support or caregiving arrangements, buyers seeking the potential benefit of a separate income-producing residence, or those who value the convenience of single-level living. The main residence features three bedrooms and two bathrooms, while the separate one-bedroom residence offers its own kitchen, living area and bathroom. With a single-story layout and no interior steps, the second residence provides exceptional flexibility while allowing each living space to maintain a sense of privacy and independence. Some of the recent upgrades include new roof and insulation, freshly painted interior and exterior, full high speed wiring, EV charging capability, and new whole house fan. Beyond the two existing residences, the oversized grounds provide exceptional versatility for outdoor living, gardening, recreation, RV or boat parking and future possibilities. Buyers interested in expansion, additional living space or maximizing the property’s long-term potential will appreciate the scale and flexibility of this unusually large Tustin homesite. Any future development, rental use or additional dwelling possibilities are subject to buyer investigation and applicable governmental approvals. Properties offering this combination of two separate residences, more than 13,000 square feet of land, privacy and flexibility are increasingly difficult to find in central Orange County. Whether envisioned as a multigenerational property, a primary residence with potential supplemental income, a flexible solution for extended family or live-in assistance, or a long-term investment in land and location, 1236 La Colina Drive presents an opportunity unlike the typical Tustin home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,691 | 2,089.903 |
| Lot Size | 13,200 | 6,492.347 |
| Price | $1.50M | $1.41M |
| Price per sq ft | $884 | $691 |
| Built year | 1952 | 1973 |
| HOA | $0 | $165 |
| Days on market | 20 | 48 |
Oct 5, 2026
$1,495,000
Initial Listing
Jan 17, 2024
$1,420,000
Public Record
Jun 10, 2019
$905,000
Public Record
Nov 16, 2018
$725,000
Public Record
Jun 8, 2018
$725,000
Public Record
Nov 12, 2009
$399,000
Public Record