2516 N Tustin Avenue A, Santa Ana, California 92705, Santa Ana, 92705 - 2 bed, 2 bath
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Santa Ana, California 92705
This Remodeled Starter Condominium is listed at $240,000, offering an accessible entry point positioned near its $230,241 Fair Market Value. Boasting a Good Condition Rating, the home features a Newly Remodeled Primary Suite, a Granite Kitchen, and cathedral ceilings. Located in the gated Shady Hollow Community, residents enjoy a pool, spa, and clubhouse within the Orange Unified School District. Despite the land lease, the turnkey interior and private patio provide immediate lifestyle appeal. This is a perfect match for first-time buyers or Owner-Occupants seeking a move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2516 N Tustin Avenue A Subject | $240,000* List Price | 2 | 2 | 1,283 | $179 | - |
A 2602 N Tustin Avenue D Sold | $292,000 | 3 | 2 | 1,455 | $201 | 0.1 mi |
B 2608 N Tustin Ave Sold | $237,000 | 2 | 2 | 1,267 | $187 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1975, this property has undergone significant recent updates. The description highlights a 'newly remodeled primary bedroom with its own bathroom' and other 'remodeled bathroom' areas, which are supported by images showing modern vanities, fixtures, and lighting. The kitchen features granite countertops and stainless steel appliances, indicating recent upgrades, although the wood cabinets are a more traditional style. The flooring throughout appears to be updated laminate or engineered wood. The home is move-in ready with well-maintained systems and modern touches in key areas, fitting the 'Good' condition criteria.
Access to a gated community with a pool, spa, clubhouse, and beautifully landscaped grounds enhances lifestyle and appeal.
Boasts a newly remodeled primary bedroom and bathroom, central air conditioning, cathedral ceilings, an open floor plan, and a kitchen with granite countertops and ample storage.
Positioned as a 'Great starter Home' with a current list price of $240,000, offering an accessible entry into the Santa Ana market.
The property is situated on leased land with the lease expiring in May 2049, which significantly impacts long-term ownership, financing options, and potential resale value.
A substantial monthly association fee of $550 adds a considerable recurring cost to homeownership.
The property has undergone multiple significant price reductions from its original list price of $330,000 to $240,000, potentially indicating market resistance or initial overvaluation.
Welcome to Shady Hollow Community - Come and see this Great starter Home with Open floor plan and lots of space. Important facts: This Home is located on Leased Land with a monthly fee, and it expires 5/2049. This unit is nestled at easy access into this gated community. Private front patio ready for your morning coffee. Walk into cathedral ceilings, central a/c, lots of natural light. Gather with family in the large spacious kitchen and dining area that feature a warm fireplace. Lots of cabinets and storage with granite countertop. Cozy back yard ready for your personal touch. Newly remodeled primary bedroom with its own bathroom. Check out this remodeled bathroom! Hall Bath has your Tub/Shower spacious. and second roomy bedroom. 2 car garage is big and your laundry hookups inside. Get ready this is your opportunity to a beautifully landscaped community. as you enjoy the Pool, spa, & clubhouse. Don't miss out, this one is ready for you. Schedule your private showing today!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,283 | 1,344.5 | 44% |
| Lot Size | 347,912 | - | 94% |
| Price | $240.0K | $658.5K | 13% |
| Price per sq ft | $187 | $472 | 13% |
| Built year | 1975 | 1975 | 50% |
| HOA | $550.0 | $430 | 75% |
| Days on market | 247 | 201 | 75% |
Feb 7, 2026
$240,000
$270,000
-11% Price Drop
Initial Listing
Dec 18, 2025
$270,000
$280,000
-4% Price Drop
Initial Listing
Nov 8, 2025
$280,000
$290,000
-3% Price Drop
Initial Listing
Sep 20, 2025
$290,000
$315,000
-8% Price Drop
Initial Listing
Sep 6, 2025
$315,000
$330,000
-5% Price Drop
Initial Listing
Aug 18, 2025
$330,000
Initial Listing