15621 Pacific Street, Tustin, California 92780, Tustin, 92780 - 5 bed, 2 bath
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15621 Pacific Street
Tustin, California 92780
ACTIVE
CONDITION: POOR
5Beds
2Baths
1,775Sq Ft
7,412Lot Size
Property Price
LIST PRICE$899,900
EST. MARKET VALUE
$924,977
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $899,900—positioned well below the $924,977 Fair Market Value by 2%. This valuation gap offers $25,077 in Instant Equity for buyers. Featuring a 5-bedroom layout on a 7,412 sqft lot, the home requires a full rehab given its Condition Rating of 5. Located in the Tustin Unified School District, this asset is ideal for Fix-and-Flip Investors or Contractors seeking a value-add project with significant upside potential.
Estimated Market Value
$924,977
Based on Realkey algorithm analyzing recent comparable sales in Tustin.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1962 (64 years old) and shows no evidence of recent renovations in the listing data. The exterior displays significant neglect with a completely dead lawn and cracked concrete, suggesting that major systems (HVAC, electrical) and interior finishes (kitchen/baths) are likely original or dated, requiring a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7412, living area = 1775.
- High Bedroom Count
With 5 bedrooms, this property offers significant utility for large families or those needing multiple home offices, which is rare at this price point in the Tustin market.
- Spacious Lot
The 7,412 square foot lot provides substantial outdoor space for recreation, landscaping, or the potential addition of an Accessory Dwelling Unit (ADU) to increase property value.
CONSRISKS & DEFICIENCIES
- Bathroom Imbalance
The ratio of only 2 bathrooms for 5 bedrooms creates a functional challenge for larger households and may necessitate future renovations to add a third bathroom.
- Dated Infrastructure
Built in 1962, the home likely requires modernization of its core systems and aesthetic finishes to meet contemporary buyer expectations and energy efficiency standards.
About 15621 Pacific Street
Welcome to this spacious 5-bedroom, 2-bathroom home in a desirable Tustin neighborhood! Situated on a generous corner lot, this property offers a great-sized backyard with plenty of room to entertain, enjoy outdoor activities, or create your ideal space. With easy and fast access to both the 5 and 55 freeways, commuting and exploring Orange County is incredibly convenient. You’ll also be close to shopping centers, schools, parks, restaurants, and everyday amenities. With its spacious lot, versatile floor plan, and prime location, this Tustin property is a great opportunity for buyers looking for space and convenience in a highly sought-after area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 7,412 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,775 | 2,123.589 |
| Lot Size | 7,412 | 6,894.875 |
| Price | $899.9K | $1.45M |
| Price per sq ft | $507 | $714 |
| Built year | 1962 | 1974 |
| HOA | $0 | $179 |
| Days on market | 6 | 47 |
Pricing History
Listed for Sale
Sep 3, 2026
$899,900
Initial Listing
Sold
Sep 14, 2016
$560,000
Public Record
Sold
Jan 26, 2012
$344,000
Public Record
Sold
Jun 11, 2003
$377,500
Public Record
Sold
Feb 25, 1994
$195,000
Public Record