16578 Montego Way, Tustin, California 92780, Tustin, 92780 - 3 bed, 2 bath
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Tustin, California 92780
Analysis of 16578 Montego Way, Tustin, California 92780 is currently available with a list price of $639,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Tustin Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1964, this 60-year-old property is functional but dated. While it features some cosmetic updates like newer carpet and laminate flooring, the kitchen and bathrooms appear to be over 20 years old. The lack of central air conditioning (relying on a window unit) and the presence of popcorn ceilings indicate that major systems and aesthetic finishes require modernization to meet current market standards.
Unlike many attached units, this property features both a one-car detached garage and an additional carport space, providing significant value and convenience for multi-vehicle households.
The home is ideally situated near Old Town Tustin, Tustin Ranch Marketplace, and major freeways (5 and 55), offering residents easy access to premier shopping, dining, and commuting routes.
As a PUD that is FHA and VA approved, this property is highly accessible to a wide range of buyers, including first-time homeowners and veterans seeking low-down-payment options.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 594, living area = 1188.
The property lacks central air conditioning, relying instead on a window unit in the living room, which may not provide sufficient cooling for the upstairs bedrooms during hot summer months.
Built in 1964, the 'step-saving' kitchen and 1.5-bath configuration may feel restrictive and dated compared to modern open-concept designs, potentially requiring future renovation.
Welcome to Tustin Village, an established single family attached community in the heart of Tustin! Home features 3 bedrooms, 1.5 bathrooms, and nearly 1200 square feet of living space! This particular unit also has a highly desirable 1 car detached garage & carport space! Wind your way through the lush green court yard w/mature landscaping to your new home. Interior features include: Living room w/wood laminate flooring + a brick corner fireplace! Step saving kitchen w/breakfast nook, built in oven, gas cooktop, & tile flooring! There's also a half bath & laundry room downstairs! Upstairs features 3 nice size bedrooms (one with walk-in closet), & a full bathroom w/ tub + shower combo! Home has central heating & brand wall AC in living room! Back yard features a brick patio & plenty of room for your table/chairs, bbq, etc...Tustin Village HOA has a gated pool area & playground too! Great location convenient to Old Town, Tustin Ranch Marketplace, loads of shopping, favorite restaurants, & freeway close to the 5 & 55! Trash is included w/HOA! PUD...FHA/VA ok!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,188 | 2,193.5 |
| Lot Size | 594 | 7,544 |
| Price | $639.9K | $1.43M |
| Price per sq ft | $539 | $722 |
| Built year | 1964 | 1968 |
| HOA | $335.0 | $204 |
| Days on market | 19 | 47 |
Jul 17, 2026
$639,900
$642,500
+0% Price Increase
Initial Listing
Jul 3, 2026
$642,500
Initial Listing
Mar 14, 2025
$595,000
Public Record