
Tustin, California 92782
This property presents a High-Potential Investment Opportunity with a List Price of $915,000—positioned well above the $758,211 Fair Market Value by -20%. While the current list price exceeds market estimates, the property’s location in the prestigious Estancia community and the 2-car direct access garage provide long-term stability. With a Condition Rating of 5, the home requires significant TLC, offering a blank canvas for value-add renovations. This asset is ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic modernization in a top-tier school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2452 Paseo Circulo Subject | $800,000* List Price | 2 | 3 | 1,241 | $640 | - |
A 12817 Ternberry Court Sold | $930,000 | 3 | 3 | 1,298 | $716 | 0.5 mi |
B 2315 Cascade Sold | $1,005,000 | 3 | 3 | 1,472 | $683 | 0.6 mi |
C 2800 Keller Drive 55 Sold | $699,000 | 2 | 2 | 882 | $793 | 0.4 mi |
D 13445 Verona Active | $750,000 List Price | 2 | 2 | 1,067 | $703 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1989 (35 years old) and the listing explicitly states it 'needs some TLC.' Interior photos show significant wear and tear on the flooring and dated architectural features, placing it in the >30-year category requiring rehab.
Situated in the highly desirable Estancia community of Tustin Ranch, the property benefits from a prestigious neighborhood known for its well-maintained surroundings and top-tier school district.
The two-car direct access garage is a premium feature for a townhome, providing residents with enhanced security, convenience, and additional storage space.
At $315 per month, the association fee is relatively low for the Tustin area, offering better long-term affordability while still providing the benefits of a managed community.
The property is noted to need 'TLC,' indicating that buyers will likely need to budget for cosmetic or functional upgrades to modernize the space.
With 51 days on the market, the listing is exceeding the average turnover time for the area, which may suggest the current list price is high relative to its 'as-is' condition.
A lovely 2 bedroom 2 1/2 bath townhome located in Tustin. This condo is located in a very nice HOA community and is two stories with 2 car direct access. Needs some TLC but can be a lovely place.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,241 | 1,161 |
| Lot Size | 92,303 | 129,743 |
| Price | $800.0K | $755.3K |
| Price per sq ft | $645 | $634 |
| Built year | 1989 | 1979 |
| HOA | $315.0 | $378 |
| Days on market | 112 | 43 |
Jul 10, 2026
$800,000
$915,000
-13% Price Drop
Initial Listing
Apr 1, 2026
$915,000
Initial Listing