
Santa Ana, California 92705
This Major Redevelopment Asset is listed at $1,410,000, positioned near its $1,331,562 Fair Market Value. Marketed as a Condition 5 "blank canvas," the property features an expansive 14,100 Sqft Lot with a Neighborhood View in prestigious North Tustin. The offering requires a sight-unseen, cash-only purchase, reflecting the significant Value-Add Potential for a total luxury overhaul or new construction. Located within the Tustin Unified School District, the site supports high-end redevelopment to capture substantial neighborhood equity. This is a strategic acquisition for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13571 Laurinda Way Subject 4 bd · 3 ba · 1,888 sqft · $735 | $1,410,000* List Price | 4 | 3 | 1,888 | $735 | - |
A 13282 Loretta Drive Sold 4 bd · 3 ba · 1,871 sqft · $644 · 0.3 mi | $1,205,000 | 4 | 3 | 1,871 | $644 | 0.3 mi |
B 13381 Malena Sold 4 bd · 3 ba · 2,005 sqft · $629 · 0.2 mi | $1,260,888 | 4 | 3 | 2,005 | $629 | 0.2 mi |
C 12811 Malena Sold 3 bd · 2 ba · 1,440 sqft · $892 · 0.7 mi | $1,285,000 | 3 | 2 | 1,440 | $892 | 0.7 mi |
D 13311 Wheeler Pending 4 bd · 3 ba · 2,138 sqft · $585 · 0.3 mi | $1,250,000 List Price | 4 | 3 | 2,138 | $585 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961, this property is marketed as a 'blank canvas' for 'major renovation' or 'redevelopment.' The listing explicitly states there is no interior access and requires a 'sight unseen' cash purchase, which are standard indicators of significant deferred maintenance, outdated systems, and poor interior condition. The lack of interior photos and the 'as-is' sale terms suggest that the kitchen, bathrooms, and major mechanical systems likely require total rehabilitation to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14100, living area = 1888.
The property features a massive 14,100 sq ft lot, offering a rare blank canvas for a major luxury redevelopment, ADU addition, or significant footprint expansion in a high-value area.
Situated on a highly desirable street within the Tustin Unified School District, the property is positioned in a premium neighborhood known for long-term value stability and high demand.
The property is sold sight unseen with no inspections or walkthroughs permitted, posing a significant risk regarding the unknown condition of the interior, foundation, and major systems.
The requirement for cash or private money only, coupled with a strictly 'as-is' sale, limits the buyer pool to well-capitalized investors and excludes traditional financed buyers.
Incredible potential on a highly desirable street in Santa Ana. This ~1,888 sq ft, 4-bedroom, 2.5-bathroom single-family home offers an expansive -acre lot, presenting a blank canvas for a major renovation, addition, or dream redevelopment. Important Offering Details: NO INTERIOR ACCESS: The property is currently occupied. No showings, inspections, or walkthroughs will be permitted. OFFERED "AS-IS": Seller will make no repairs, modifications, or provide concessions for any condition, known or unknown. SALE TYPE: Cash only or private money preferred. Proof of funds required with offer. SIGHT UNSEEN: Buyer to purchase "sight unseen." Excellent opportunity for investors looking for their next major project in a desirable neighborhood. Do not disturb occupants or walk onto the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,888 | 1,542.506 |
| Lot Size | 14,100 | 6,744.358 |
| Price | $1.41M | $1.02M |
| Price per sq ft | $747 | $687 |
| Built year | 1961 | 1958 |
| HOA | $0 | $204 |
| Days on market | 206 | 49 |
Apr 2, 2026
$1,410,000
Initial Listing
Sep 9, 1998
$279,000
Public Record