
Tustin, California 92780
This Move-in Ready Condominium represents a Strong Value Opportunity, listed at $515,000—positioned well below the $555,410 Fair Market Value by 7%. This valuation gap offers $40,410 in Instant Equity. Featuring a Dual Primary Suite Layout, updated granite kitchen, and newer flooring, the property holds a Condition Rating of 3. With pool views and a private patio, it balances lifestyle comfort with financial upside. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey asset in Tustin.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13722 Red Hill Avenue 35 Subject 2 bd · 2 ba · 1,080 sqft · $514 | $515,000* List Price | 2 | 2 | 1,080 | $514 | - |
A 1192 Mitchell 78 Sold 2 bd · 2 ba · 974 sqft · $476 · 0.7 mi | $463,500 | 2 | 2 | 974 | $476 | 0.7 mi |
B 1604 Mitchell Sold 2 bd · 3 ba · 1,240 sqft · $531 · 0.6 mi | $659,000 | 2 | 3 | 1,240 | $531 | 0.6 mi |
C 1881 Mitchell Avenue 57 Sold 2 bd · 2 ba · 1,161 sqft · $465 · 0.6 mi | $540,000 | 2 | 2 | 1,161 | $465 | 0.6 mi |
D 1106 Mitchell Sold 2 bd · 2 ba · 1,085 sqft · $585 · 0.7 mi | $635,000 | 2 | 2 | 1,085 | $585 | 0.7 mi |
E 1193 E 1st Sold 2 bd · 2 ba · 1,152 sqft · $564 · 0.6 mi | $650,000 | 2 | 2 | 1,152 | $564 | 0.6 mi |
F 473 E 1st Sold 2 bd · 2 ba · 1,104 sqft · $489 · 0.9 mi | $540,000 | 2 | 2 | 1,104 | $489 | 0.9 mi |
G 1204 E 1st Street Sold 2 bd · 2 ba · 1,029 sqft · $540 · 0.5 mi | $556,000 | 2 | 2 | 1,029 | $540 | 0.5 mi |
H 13660 Red Hill Avenue 51 Pending 2 bd · 2 ba · 1,005 sqft · $616 · 0.1 mi | $619,000 List Price | 2 | 2 | 1,005 | $616 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1968, the property has undergone significant renovations within the last 5-15 years. The kitchen features updated granite countertops and stainless steel appliances, the bathrooms have been modernized with marble-patterned wall panels and glass enclosures, and the unit includes newer flooring throughout, making it move-in ready.
The floor plan features two generously sized bedrooms each with its own full bathroom, offering a rare dual-primary setup that provides maximum privacy and utility for roommates or guests.
The association fee covers almost all utilities except electricity, along with ground maintenance and gated security, offering significant monthly cost savings and peace of mind for the homeowner.
Situated in the heart of Orange County, the property offers exceptional accessibility to major freeways (5, 55, 241, 261) and is minutes away from premier shopping and dining at The Market Place.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =163584, other record lot size in square feet = 163876. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With only one covered carport space assigned to the unit, households with multiple vehicles may find the reliance on communal guest parking to be a daily inconvenience.
Built in 1968, the property may lack the modern soundproofing and energy-efficient infrastructure found in newer developments, potentially requiring future updates to systems or interiors.
Welcome to the gated, garden-style community of Rancho San Juan! Homes are rarely available in this community - especially the 2 bedrooms! The HOA covers all utilities except electricity, the carport, pool/jacuzzi, and ground maintenance of the spacious open space and landscape. Enter this FIRST-floor condo into the living room with newer floors, built in bookcases and a large window with view to the pool. The light and bright kitchen is adjacent to the dining room that features a sliding glass door to the large, private patio - perfect for outdoor gatherings. There are two generously sized, bedrooms with large windows, sliding mirrored wardrobe doors, newer flooring and their own full bathrooms – essentially being two primary bedrooms. One covered carport space makes parking a breeze and there is plenty of additional parking spaces. This home is centrally located in Orange County very close to, Schools, Parks, Tustin Ranch Golf Club, The Market Place in Tustin and many other Tustin and Irvine markets and shops. The community has easy access to the 5, 55, 241 and 261 freeways. With all this and more it’s perfect for move down, first time homebuyers and investors! Don’t wait on your chance to own a 2 bedroom in this conveniently located community! Seller is motivated!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,080 | 1,166.382 |
| Lot Size | 163,584 | 144,294.009 |
| Price | $515.0K | $737.4K |
| Price per sq ft | $477 | $649 |
| Built year | 1968 | 1987 |
| HOA | $358.0 | $389 |
| Days on market | 13 | 53 |
Oct 12, 2026
$515,000
Initial Listing