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2518 N Tustin Avenue E, Santa Ana, California 92705, Santa Ana, 92705 - 4 bed, 3 bath

2518 N Tustin Avenue E, Santa Ana, California 92705 home-pic-0
ACTIVE$375,000$1,617/sqft
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:
Extensive Community Amenities: The Shady Hollow gated community offers a resort-style living experience with a pool, spa, surveillance, and comprehensive HOA-covered maintenance including roof, exterior, termite control, landscaping, and lighting.
Top Cons:
Leased Land with Limited Term: The property is on leased land with a significant monthly payment of $1,808.67 and an expiration date in 2049, which can complicate financing and long-term appreciation.

Compared to the nearby listings

Price:$375.0K vs avg $602.5K ($-227,500)19%
Size:1,617 sqft vs avg 1,323.5 sqft69%
Price/sqft:$232 vs avg $50519%

More Insights

Built in 1974 (52 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, recent renovation. The kitchen features modern white shaker cabinets, light quartz countertops, and stainless steel appliances. Bathrooms are updated with contemporary vanities, tiling, and glass shower enclosures. Flooring throughout is modern wood-look laminate, and lighting includes recessed fixtures. All components appear new or virtually new, meeting current quality standards.
Year Built
1974
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
$232
HOA
$705.17
Days on market
-
Sold On
-
MLS number
219140542DA
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.

L
Loan Ly
Listing Agent
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, recent renovation. The kitchen features modern white shaker cabinets, light quartz countertops, and stainless steel appliances. Bathrooms are updated with contemporary vanities, tiling, and glass shower enclosures. Flooring throughout is modern wood-look laminate, and lighting includes recessed fixtures. All components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Extensive Community Amenities: The Shady Hollow gated community offers a resort-style living experience with a pool, spa, surveillance, and comprehensive HOA-covered maintenance including roof, exterior, termite control, landscaping, and lighting.
Prime Community Location: Ideally situated within the community, offering convenient access to the pool and spa, additional guest parking, and expansive greenbelt, enhancing lifestyle and accessibility.
Remodeled Interior & Functional Layout: Features a beautifully remodeled, open-concept floor plan with a versatile 4-bedroom (or 3+office) configuration, a well-appointed kitchen, and two large patios for outdoor living.
Ample Parking: Provides 5 parking spaces, including a spacious two-car garage with direct access, addressing a common need in urban environments.
Pleasant Views: Benefits from desirable 'Park/Greenbelt, Trees/Woods' views, contributing to a serene and appealing living environment.

Cons

Leased Land with Limited Term: The property is on leased land with a significant monthly payment of $1,808.67 and an expiration date in 2049, which can complicate financing and long-term appreciation.
High Combined Monthly Fees: The total monthly outlay of $2,513.84 (land lease + HOA dues) is substantial relative to the list price, potentially impacting affordability and buyer pool.
Condominium Ownership Limitations: As a condominium, it involves shared walls, potentially less private outdoor space, and HOA rules that may restrict personal modifications, which might not suit all buyers.
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