
Tustin, California 92780
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $442,354 Fair Market Value by -12%. Note: The list price exceeds current market valuation, requiring a strategic renovation plan to justify the entry point. With a Condition Rating of 5, the unit requires significant rehabilitation, including flooring and interior updates. The asset features an attached 1-car garage, private patio, and access to community pool amenities. This is an ideal acquisition for Fix-and-Flip Investors or Contractors capable of managing extensive interior repairs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13656 Red Hill Avenue J-32 Subject | $499,000* List Price | 2 | 2 | 1,005 | $440 | - |
A 1076 Mitchell Avenue Sold | $620,000 | 2 | 2 | 1,085 | $571 | 0.8 mi |
B 1881 Mitchell Avenue 63 Sold | $500,000 | 2 | 2 | 1,161 | $431 | 0.6 mi |
C 1582 Mitchell Avenue Sold | $620,000 | 2 | 3 | 1,240 | $500 | 0.6 mi |
D 1204 E 1st Street Pending | $549,000 List Price | 2 | 2 | 1,029 | $534 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 and marketed as a fixer-upper, the property requires significant rehab. Images show the interior flooring has been completely removed to the subfloor, and the 'updated' kitchen mentioned in the description does not offset the overall state of neglect and need for immediate renovation.
Priced competitively as a 'light fixer-upper,' this property offers a significant opportunity for investors or DIY buyers to build immediate sweat equity through cosmetic improvements.
The Tustin Village complex provides a high-quality living environment with park-like grounds, mature landscaping, a community clubhouse, and a sparkling pool.
The unit features an updated kitchen and the rare convenience of an attached 1-car garage and private patio with laundry area, enhancing its daily livability and marketability.
As a probate sale requiring 'TLC,' the home is not move-in ready and will necessitate upfront capital and time for repairs and modernization.
The assigned elementary school has a low performance rating of 2, which may be a deterrent for families prioritizing top-tier educational districts.
Calling all Investors, Contractors, and Savvy Do-It-Yourselfers to this Light Fixer-Upper in Tustin! A little TLC will go a long way at this charming condo in the beautiful Tustin Villas complex. The home features a bright and spacious living area, updated kitchen, two upstairs bedrooms, a private patio with laundry area, and an attached 1-car garage. Tustin Villas is known for its beautifully maintained, park-like grounds with mature trees, expansive greenbelts, community clubhouse, and sparkling pool. Probate sale with full authority - no court confirmation required.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 0.4 mi
Grades K-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,005 | 1,054 | 32% |
| Lot Size | 213,147 | 163,584 | 58% |
| Price | $499.0K | $600.0K | 19% |
| Price per sq ft | $497 | $571 | 29% |
| Built year | 1964 | 1965 | 42% |
| HOA | $325.0 | $378 | 16% |
| Days on market | 24 | 144 | 6% |
May 20, 2026
$499,000
Initial Listing