2514 N Tustin F(66), Santa Ana, California 92705, Santa Ana, 92705 - 3 bed, 3 bath

2514 N Tustin F(66), Santa Ana, California 92705 home-pic-0

2514 N Tustin F(66)

Santa Ana, California 92705

ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,617Sq Ft
413,806Lot Size

Property Price

LIST PRICE$349,900

SUMMARY

Analysis of 2514 N Tustin F(66), Santa Ana, California 92705 is currently available with a list price of $349,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Ana 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.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant recent infrastructure improvements, including complete re-piping, a new 200-amp electrical panel, and central AC. While the 1974 construction is evident in the ceramic tile countertops and bathroom layouts, the home has been refreshed with new paint, new faucets, and new stainless steel kitchen appliances (gas range and microwave). The combination of major system updates and cosmetic maintenance offsets the age of the original finishes.

PROSSTRENGTHS & OPPORTUNITIES

  • Significant Infrastructure Upgrades

    The property features essential modern updates including complete re-piping, a new 200-amp electrical panel, and central AC, significantly reducing immediate maintenance concerns for a new owner.

  • Spacious Architectural Design

    With cathedral wood ceilings, an open floor plan, and over 1,600 square feet of living space, the interior offers a bright, airy, and modern aesthetic that maximizes the home's footprint.

  • Functional Outdoor Living

    The inclusion of both a private front patio and a generous back patio provides rare dual-outdoor spaces for a townhome, ideal for entertaining and private relaxation.

CONSRISKS & DEFICIENCIES

  • High Monthly Carrying Costs

    The property is subject to substantial non-mortgage monthly expenses totaling $2,514, which includes an $1,809 land lease payment, $550 HOA fee, and a $155 special assessment.

  • Land Lease Expiration Risk

    The land lease expires in May 2049; with only 25 years remaining, this presents significant challenges for long-term equity growth and may complicate traditional 30-year financing options.

About 2514 N Tustin F(66)

Great starter home in the Gated Community of Shady Hollow! This spectacular two-level home offers 3 bedrooms with 2.5 baths, cathedral ceilings, an open floor plan, central AC, fresh paint throughout, new faucets, completely re-piped and a new updated to 200amp electrical panel to be installed soon, a private front patio area and a generous sized back patio. The first floor includes a kitchen with ceramic countertops, a new gas range and microwave and a half-bath. Spacious dining area with cathedral wood ceilings with fans and direct access to the back patio. A spacious living room with a fireplace and access to the back patio. Direct access to a 2-car garage with washer/dryer hookups. The 2nd level offers a large master bedroom with its own fireplace, a walk-in closet, bathroom with sink cabinet outside. Off the hallway are two other bedrooms and a full bathroom and plenty of linen closet space. Close to the 55 and the 22FWY PLEASE NOTE: UNIT IS SITTING ON LEASED LAND THAT EXPIRES ON 5/2049. LEASE MONTHLY PAYMENT IS $1809, HOA IS $550/MONTH AND A SPECIAL ASSESSMENT OF $155/MONTH FOR SEVEN YEARS.

Property Details

Public Facts

Property Type
Condominium
Year Built
1974
Lot Size
413,806 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$550.0 / Month

Neighborhood Insights

Santa Ana Unified Schools

Fairhaven Elementary School

Grades K-6 • 0.8 mi

4/10

Portola Middle School

Grades 6-8 • 2.2 mi

3/10

Orange High School

Grades 9-12 • 1.8 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
57%
Baths3.02.0
57%
Square foot1,6171,283
76%
Lot Size413,806-
95%
Price$349.9K$590.0K
19%
Price per sq ft$216$507
14%
Built year19741974
50%
HOA$550.0$449
76%
Days on market53172
5%

Pricing History

Listed for Sale

Feb 25, 2026

$349,900

$399,900

-13% Price Drop

Initial Listing

Price Change

Jan 13, 2026

$399,900

Initial Listing

Sold

Jul 14, 2008

$90,000

Public Record

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