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13691 Red Hill Avenue, Tustin, California 92780, Tustin, 92780 - 3 bed, 2 bath

13691 Red Hill Avenue, Tustin, California 92780 home-pic-0
ACTIVE$925,000
13691 Red Hill Avenue, Tustin, California 92780
3Beds
2Baths
1,388Sqft
5,750Lot
Year Built
1938
Close
-
List price
$925K
Original List price
$875K
Price/Sqft
$666
HOA
-
Days on market
-
Sold On
-
MLS number
OC25248698
Home ConditionTear down
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $925.0K(12th), sqft - 1388(19th), beds - 3(48th), baths - 2(50th).

Attention Multi-Family Developers, Business Owners, and 1031 Exchange Buyers off the 5 Fwy - Red Hill Ave. Currently configured as a permitted professional office space and zoned R3 High-Density Residential, allowing exceptional flexibility. This versatile zoning supports a range of possibilities: build a spacious single-family residence with an ADU + garage, pursue a multi-family redevelopment, or create a custom live/work setup. Plumbing and utilities are already stubbed for two bathrooms and a full kitchen, saving significant time, hassle, and cost during any conversion or new build. Whether you're an owner-user, investor, or developer, this property delivers built-in value, redevelopment potential, and a strategic head start toward your next profitable project.

Price History

Date
Event
Price
12/01/25
Price Change
$925,000+5.7%
10/28/25
Listing
$875,000
Condition Rating
Tear down
Built in 1938, this property is currently configured as a professional office space, not a residential home. The listing explicitly states that plumbing for a full kitchen and two bathrooms is only 'stubbed,' meaning these essential residential components are not functional or fully installed. The property analysis highlights its age and states it 'likely requires extensive renovation or demolition' for residential use, making it 'unsuitable for buyers seeking a move-in ready property.' The value is clearly in the R3 zoning and land for redevelopment, rather than the existing structure as a habitable residence. Therefore, for residential purposes, it is unlivable in its current condition and aligns with the 'tear-down' criteria.
Pros & Cons

Pros

Flexible R3 High-Density Residential Zoning: The property is zoned R3 High-Density Residential, offering exceptional flexibility for multi-family development, single-family residence with ADU, or a live/work setup.
Strategic Location & Accessibility: Located off the 5 Fwy on Red Hill Avenue in Tustin, providing excellent accessibility and visibility for various business or residential uses.
Pre-stubbed Utilities: Plumbing and utilities are already stubbed for two bathrooms and a full kitchen, significantly reducing time, hassle, and cost for future conversions or new builds.
Versatile Development Potential: The property's zoning and current configuration support a wide range of possibilities, appealing to multi-family developers, business owners, and 1031 exchange buyers.
Current Permitted Professional Office Use: Currently configured as a permitted professional office space, offering immediate functional utility or potential income while long-term development plans are pursued.

Cons

Age of Existing Structure: Built in 1938, the existing structure is very old and likely requires extensive renovation or demolition, adding significant costs and complexity to any redevelopment project.
Significant Redevelopment Investment Required: While offering high potential, realizing the benefits of the R3 zoning necessitates substantial capital investment for construction, permits, and potential demolition, making it unsuitable for buyers seeking a move-in ready property.
Lack of Desirable Views: The property explicitly states 'None' for views, which could be a drawback for future residential units or overall market appeal, especially in a competitive market.

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