
Tustin, California 92780
This High-Density Residential Asset is listed at $925,000, representing a stable entry point at its $925,000 Fair Market Value. Currently utilized as a professional office with a Condition Rating of 4, the site features R3 High-Density Zoning and infrastructure already stubbed for a full kitchen and dual bathrooms. Situated within the Tustin Unified School District with immediate 5 Freeway access, the 5,750 sqft lot offers immense value-add potential for multi-family redevelopment or a custom live/work conversion. This is a strategic acquisition for Multi-Family Developers or 1031 Exchange Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13691 Red Hill Avenue Subject | $925,000* List Price | 3 | 2 | 1,388 | $666 | - |
A 2181 Maple Court Sold | $950,000 | 3 | 2 | 1,242 | $765 | 0.9 mi |
B 135 El Camino Real Sold | $1,000,000 | 2 | 3 | 1,457 | $686 | 0.8 mi |
C 1626 Birchfield Drive Sold | $1,185,000 | 3 | 2 | 1,414 | $838 | 0.8 mi |
D 14271 Morning Glory Rd Sold | $1,059,000 | 2 | 2 | 1,400 | $756 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1938, the property is currently a well-maintained professional office rather than a move-in ready home. While the interior features clean commercial-grade flooring and updated paint, it lacks a functional residential kitchen and full bathrooms (utilities are only stubbed). It requires minor to moderate rehabilitation to convert the space back to residential use, though the overall structure appears to have been maintained through regular upkeep.
The R3 High-Density Residential zoning provides exceptional flexibility for multi-family redevelopment, a live/work setup, or a single-family home with an ADU.
Situated on Red Hill Avenue with immediate access to the 5 Freeway, the property offers high visibility for business owners and convenient commuting for residents.
Plumbing and utilities are already stubbed for two bathrooms and a full kitchen, significantly reducing the time and cost for residential conversion or new construction.
The property's location on a major thoroughfare near the 5 Freeway results in significant traffic volume and noise, which may detract from residential tranquility.
Built in 1938, the existing structure may require extensive updates to meet modern building codes or could necessitate a full teardown for redevelopment.
Currently configured as professional office space, the property requires additional capital investment to restore full residential functionality, including the installation of kitchen fixtures.
Attention Multi-Family Developers, Business Owners, and 1031 Exchange Buyers off the 5 Fwy - Red Hill Ave. Rare Tustin opportunity, permitted office space with R3 high-density residential zoning and multiple exit strategies. Operating as a professional office since the 1980s (improved 2020), this 1,574 SF standalone building on a 5,750 SF lot is move-in ready for immediate use or primed for redevelopment. Ideal for a wide range of professionals including: Law, CPA, Medical, Dental, Therapy, Chiropractic, Physical Therapy, Occupational Therapy, Mental Health, Psychiatry, Psychology, Behavioral Health, Hospice & Palliative Care Administration, Home Health Agency, Private Duty Nursing, Case Management, Social Work, Substance Abuse Counseling, Architecture, Engineering, Real Estate, Escrow, Mortgage, Insurance, Financial Planning, Marketing, Consulting, Photography, Design Studios, Tech Startups, MedSpa, and more. Shovel-ready infrastructure with plumbing and utilities already in place for two bathrooms and a full kitchen, dramatically reducing future conversion costs. R3 zoning allows for multi-family, condo, townhome, ADU, or mixed-use development. Multiple exit strategies: owner-users build equity while occupying, investors lease now and redevelop later, developers maximize R3 density, or live/work buyers convert to residence plus ADU income. High-visibility Red Hill Ave location with exceptional I-5 Freeway access and strong daily traffic count. Use it. Lease it. Build it. The options are yours.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,388 | 1,737 | 18% |
| Lot Size | 5,750 | 7,440 | 26% |
| Price | $925.0K | $1.30M | 12% |
| Price per sq ft | $666 | $703 | 33% |
| Built year | 1938 | 1964 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 176 | 159 | 61% |
Dec 1, 2025
$925,000
$875,000
+6% Price Increase
Initial Listing
Oct 28, 2025
$875,000
Initial Listing