2518 N Tustin Avenue E, Santa Ana, California 92705, Santa Ana, 92705 - 4 bed, 3 bath
ACTIVE$399,000
2518 N Tustin Avenue E, Santa Ana, California 92705
4Beds
3Baths
1,617Sqft
435.6Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensively Remodeled Interior: The home boasts a 'beautifully remodeled' interior with an 'open-concept floor plan' and a 'nice kitchen with ample cabinet space,' offering modern living.
Top Cons:
Leased Land with Limited Term: The property is on leased land with the lease expiring in 2049, which significantly impacts long-term ownership, potential for appreciation, and can complicate financing options.
Compared to the nearby listings
Price:$399.0K vs avg $630.0K ($-231,000)19%
Size:1,617 sqft vs avg 1,364 sqft67%
Price/sqft:$247 vs avg $51522%
More Insights
Built in 1974 (51 years old).
Condition: Despite being built in 1974, the property has been 'Beautifully Remodeled' as stated in the description, and the images confirm an extensive, high-quality renovation. The kitchen features modern white shaker cabinets, light-colored quartz countertops, stainless steel appliances (range, microwave, dishwasher), and recessed lighting. The bathrooms are equally updated with modern vanities, countertops, and tiled showers with glass enclosures. Throughout the home, there is new, consistent luxury vinyl plank (LVP) flooring, modern paint colors, and updated light fixtures. These elements suggest a recent renovation (likely within the last 5 years) that brings the property to current quality standards, making it move-in ready with virtually new components and no deferred maintenance.
Year Built
1974
Close
-
List price
$399K
Original List price
$411K
Price/Sqft
$247
HOA
$705.17
Days on market
-
Sold On
-
MLS number
219136487DA
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Trees/Woods
Patio
ViewPark/Greenbelt, Trees/Woods
About this home
Beautifully Remodeled Home in Prime Community Location. Ideally situated in one of the most desirable areas of the community, offering 5 parking spaces, steps to the community pool and spa, additional guest parking, and expansive greenbelt -- perfect for resort-style living. The open-concept floor plan features four bedrooms, or three bedrooms plus an office, 2.5 bathrooms, a nice kitchen with ample cabinet space, including a lazy Susan, and a spacious two-car garage with direct access. Enjoy outdoor living with two large patios, ideal for relaxing or entertaining. The well-maintained Shady Hollow gated community features HOA-covered amenities, including a community pool and spa, gated access, surveillance system, roof maintenance, exterior painting, wood maintenance with termite control, community lighting, landscaping, and tree trimming. Welcome Home! The property is situated on leased land that expires in 2049, with a monthly lease payment of $1,808.67. HOA's dues are $705.17 per month.
Condition Rating
Excellent
Despite being built in 1974, the property has been 'Beautifully Remodeled' as stated in the description, and the images confirm an extensive, high-quality renovation. The kitchen features modern white shaker cabinets, light-colored quartz countertops, stainless steel appliances (range, microwave, dishwasher), and recessed lighting. The bathrooms are equally updated with modern vanities, countertops, and tiled showers with glass enclosures. Throughout the home, there is new, consistent luxury vinyl plank (LVP) flooring, modern paint colors, and updated light fixtures. These elements suggest a recent renovation (likely within the last 5 years) that brings the property to current quality standards, making it move-in ready with virtually new components and no deferred maintenance.
Pros & Cons
Pros
Extensively Remodeled Interior: The home boasts a 'beautifully remodeled' interior with an 'open-concept floor plan' and a 'nice kitchen with ample cabinet space,' offering modern living.
Comprehensive HOA Benefits: The well-maintained Shady Hollow gated community provides extensive HOA-covered amenities including pool, spa, gated access, surveillance, roof/exterior maintenance, termite control, and landscaping, ensuring a low-maintenance lifestyle.
Prime Community Location: Strategically positioned within a desirable area of the community, offering immediate access to the community pool, spa, and expansive greenbelt, enhancing the 'resort-style living' experience.
Abundant Parking & Outdoor Living: Features an impressive '5 parking spaces,' 'additional guest parking,' a 'spacious two-car garage with direct access,' and 'two large patios' for outdoor enjoyment and convenience.
Flexible Layout & Desirable Views: Offers a versatile 'four bedrooms, or three bedrooms plus an office' floor plan and pleasant 'Park/Greenbelt, Trees/Woods' views, catering to various lifestyle needs.
Cons
Leased Land with Limited Term: The property is on leased land with the lease expiring in 2049, which significantly impacts long-term ownership, potential for appreciation, and can complicate financing options.
High Combined Monthly Fees: The substantial monthly land lease payment of $1,808.67, in addition to the $705.17 HOA dues, results in a very high recurring monthly cost for the homeowner.
Condominium Structure & Leasehold Complexity: As a condominium on leased land, this property presents a more complex ownership structure compared to fee simple ownership, potentially limiting the buyer pool and future resale value.