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2516 N Tustin Avenue A, Santa Ana, California 92705, Santa Ana, 92705 - 2 bed, 2 bath

2516 N Tustin Avenue A, Santa Ana, California 92705 home-pic-0
ACTIVE$270,000
2516 N Tustin Avenue A, Santa Ana, California 92705
2Beds
2Baths
1,283Sqft
347,912Lot
Year Built
1975
Close
-
List price
$270K
Original List price
$330K
Price/Sqft
$210
HOA
$550
Days on market
-
Sold On
-
MLS number
PW25185070
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $270.0K(7th), sqft - 1283(50th), beds - 2(50th), baths - 2(44th).

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!

Nearby schools

4/10
Fairhaven Elementary School
Public,•K-6•0.7mi
3/10
Portola Middle School
Public,•6-8•2.1mi
4/10
Orange High School
Public,•9-12•1.8mi

Price History

Date
Event
Price
12/18/25
Price Change
$270,000-3.6%
11/08/25
Price Change
$280,000-3.4%
09/20/25
Price Change
$290,000-7.9%
09/06/25
Price Change
$315,000-4.5%
08/18/25
Listing
$330,000
Condition Rating
Good
This 1975-built property is move-in ready with significant recent updates. The primary bathroom has been newly remodeled with modern finishes and a walk-in shower. The kitchen features granite countertops and updated stainless steel appliances, providing a functional and appealing space. While the hall bathroom shows an older style, it appears clean and well-maintained. The living areas have updated flooring and are in good condition, with central A/C. The property has been well-maintained and updated in key areas, aligning with the 'Good' score criteria for a home extensively renovated within the last 5-15 years in critical areas, requiring no immediate major renovations.
Pros & Cons

Pros

Significant Price Reduction: The property has undergone a substantial price reduction from its original listing of $330,000 to $270,000, indicating potential value and seller motivation.
Community Amenities: Residents benefit from a gated community with access to a pool, spa, and clubhouse, enhancing lifestyle and recreational opportunities.
Recent Interior Updates: The primary bedroom and its bathroom have been newly remodeled, offering modern finishes and reducing immediate renovation needs for the new owner.
Desirable Interior Features: The home boasts an open floor plan, cathedral ceilings, central A/C, a warm fireplace, and a large kitchen with granite countertops, providing comfort and aesthetic appeal.
Strong School Ratings: The property is located within districts served by highly-rated schools, including Fairhaven Elementary (4/5) and Orange High School (4/5), which is attractive to families.

Cons

Leased Land Structure: The property is situated on leased land with an associated monthly fee, which can complicate financing options and potentially impact long-term appreciation compared to fee simple ownership.
Lease Expiration Date: The land lease expires in May 2049, which is a critical factor affecting long-term ownership security, future resale value, and potential challenges with lease renegotiation or extension as the expiration date approaches.
High Monthly Association Fee: A monthly association fee of $550 is substantial and adds significantly to the overall cost of homeownership, potentially impacting affordability and buyer interest.

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