2520 N Tustin B, Santa Ana, California 92705, Santa Ana, 92705 - 5 bed, 3 bath
2520 N Tustin B
Santa Ana, California 92705
Property Price
SUMMARY
Analysis of 2520 N Tustin B, Santa Ana, California 92705 is currently available with a list price of $475,000. 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
Property is move-in ready.
The property is move-in ready and features significant recent capital improvements including new plumbing, upgraded electrical outlets, fresh paint, and new tile flooring. The kitchen has been updated with granite countertops, and the home includes quality finishes such as crown molding, double-pane windows, and plantation shutters. While the 1974 structure has been well-maintained and modernized, it does not meet the 'excellent' criteria of a brand-new or total down-to-the-studs renovation, but it far exceeds 'fair' due to the functional system upgrades.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Interior Upgrades
The property features significant recent capital improvements including new plumbing, upgraded electrical outlets, fresh paint, and a modernized kitchen with granite countertops, ensuring a move-in-ready experience.
- Versatile Five-Bedroom Layout
Rare for a townhouse, this home offers five bedrooms including a convenient downstairs bedroom and bathroom, providing excellent flexibility for multi-generational living or a home office.
- Prime Central Location
Situated in a gated community within the Orange Unified School District, the home offers exceptional access to the 5, 22, and 55 freeways, as well as major employers like UCI Medical Center and CHOC.
CONSRISKS & DEFICIENCIES
- Land Lease Arrangement
The property is subject to a land lease expiring in 2049, which can complicate traditional financing options and may impact long-term equity growth compared to fee-simple ownership.
- High Monthly Carrying Costs
With a $550 monthly association fee in addition to the land lease payments, the recurring non-mortgage expenses are relatively high, which may affect buyer affordability.
About 2520 N Tustin B
Beautifully updated two-story home located in a gated community on the border of Orange and Tustin within the Orange Unified School District. Features 5 bedrooms and 3 bathrooms — 4 bedrooms and 2 baths upstairs, and 1 bedroom and 1 bath downstairs. Originally 4 bedrooms, Updated kitchen with granite countertops and tile flooring. Spacious dining area with high ceilings and plenty of natural light. Large master bedroom includes a fireplace, high ceiling, and walk-in closet.Home features crown molding, double-pane windows, and plantation shutters throughout for energy efficiency and style. Recent updates include new plumbing, new tile flooring, fresh paint, and upgraded electrical outlets. Large back patio is perfect for gatherings and outdoor entertaining. Community amenities include a pool and gated entry for added security. Conveniently located near the 5, 22, and 55 freeways. Close to major employers including UCI Medical Center, CHOC, and Orange County Global Medical Center. Nearby shopping, dining, and entertainment at Main Place Mall, The Outlets at Orange, Honda Center, Angel Stadium, and Discovery Cube. PLEASE NOTE: This property is subject to a Land Lease arrangement, with the current lease term expiring in 2049.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1974
- Lot Size
- 413,806 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $550.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 90% |
| Baths | 3.0 | 3.5 | 50% |
| Square foot | 1,679 | 1,882 | 30% |
| Lot Size | 413,806 | - | 80% |
| Price | $475.0K | $824.5K | 20% |
| Price per sq ft | $283 | $403 | 20% |
| Built year | 1974 | 2017 | 30% |
| HOA | $550.0 | $410 | 80% |
| Days on market | 41 | 174 | 10% |
Pricing History
Listed for Sale
Jan 25, 2026
$475,000
Initial Listing