
Tustin, California 92780
This property presents a High-Potential Investment Opportunity with a List Price of $1,499,999—positioned well above the $1,301,783 Fair Market Value by -15%. While the pricing reflects a premium, the 4-bedroom, 2-bath layout on a 7,339 sq. ft. interior corner lot offers significant value-add potential. Given the Condition Rating of 4, the home requires cosmetic modernization to reach its full market potential. Located in the Tustin Unified School District, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13841 Loretta Subject | $1,499,999* List Price | 4 | 2 | 1,762 | $739 | - |
A 13851 Malena Sold | $1,325,000 | 4 | 3 | 2,101 | $631 | 0.1 mi |
B 13252 Marshall Sold | $1,167,500 | 4 | 2 | 1,395 | $837 | 0.6 mi |
C 14321 Wisteria Lane Sold | $1,259,500 | 2 | 2 | 1,635 | $770 | 0.6 mi |
D 14331 Livingston Street Sold | $1,100,000 | 4 | 2 | 1,200 | $917 | 0.6 mi |
E 14531 Acacia Drive Sold | $1,475,000 | 5 | 3 | 2,393 | $616 | 0.7 mi |
F 14162 Prospect Sold | $1,290,000 | 3 | 3 | 1,882 | $685 | 0.4 mi |
G 17901 Martha Anne Drive Sold | $1,317,000 | 3 | 2 | 1,625 | $810 | 0.7 mi |
H 17442 17442 Amaganset Way Sold | $1,450,000 | 4 | 3 | 2,362 | $614 | 0.8 mi |
I 13232 Marshall Active | $1,129,000 List Price | 3 | 2 | 1,178 | $958 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, the property is well-maintained on the exterior but features a very dated interior. The bathroom shows 1980s/90s-era tile countertops, older cabinetry, and fixtures that are likely over 25 years old. While functional and livable, the home requires significant cosmetic updates to meet modern standards, aligning with the listing's description of having 'potential' for a buyer to make it their own.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7339, living area = 1762.
The property is situated on a spacious interior corner lot, providing enhanced curb appeal, additional privacy, and a more prominent presence within the neighborhood.
Featuring four well-sized bedrooms and a versatile 1,762 sq. ft. floor plan, the home offers ample space for growing families, home offices, and indoor-outdoor entertaining.
Built in 1967 and marketed as having 'potential to make it your own,' the home likely requires significant cosmetic or structural updates to meet modern luxury standards.
The property lacks any significant scenic views, which may be a competitive disadvantage for buyers comparing it to other homes in the $1.5M price range.
Welcome to 13841 Loretta in Tustin! This inviting 4-bedroom, 2-bath home is ideally situated on a desirable interior corner lot and offers a spacious and functional floor plan with plenty of room for comfortable everyday living, family gatherings, and entertaining. Inside, you’ll find generous living areas, plenty of natural light, and four nicely sized bedrooms that offer flexibility for family, guests, a home office, or simply some extra space to enjoy. The private backyard is a great extension of the home, with plenty of opportunity for outdoor dining, entertaining with friends and family, or just relaxing and enjoying the Southern California weather. The interior corner lot adds to the home's appeal and gives the property a little more presence within the neighborhood. Located in an established Tustin neighborhood, you’ll be conveniently close to shopping, dining, parks, schools, and major freeways, while still enjoying the comfortable neighborhood setting that makes this area so desirable. 13841 Loretta is a home with a lot to offer and even more potential for someone to come in and make it their own. With four bedrooms, a versatile floor plan, private backyard, desirable interior corner lot, and a great Tustin location, this is a wonderful opportunity to create a home you’ll enjoy for years to come.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,762 | 2,123.589 |
| Lot Size | 7,339 | 6,894.875 |
| Price | $1.50M | $1.45M |
| Price per sq ft | $851 | $714 |
| Built year | 1967 | 1974 |
| HOA | $0 | $179 |
| Days on market | 12 | 47 |
Aug 28, 2026
$1,499,999
Initial Listing