2618 N Tustin D/34, Santa Ana, California 92705, Santa Ana, 92705 - 3 bed, 3 bath
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Santa Ana, California 92705
This Value-Add Townhome is listed at $335,000, positioned above the $270,810 Fair Market Value. Boasting a Generous 1,617 Sqft Layout with High Beam Ceilings, the Asset carries a Condition Rating of 4, signaling a functional interior ready for modernization to drive ROI. The property features Dual Private Patios in a Secure Gated Community near Fairhaven Elementary within the Santa Ana Unified District. Given the Land Lease Ownership and renovation requirements, this is a strategic acquisition for Cash Buyers or Fix-and-Flip Investors focused on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2618 N Tustin D/34 Subject | $320,500* List Price | 3 | 3 | 1,617 | $164 | - |
A 2602 N Tustin Avenue D Sold | $292,000 | 3 | 2 | 1,455 | $201 | 0.0 mi |
B 2624 N Tustin Avenue D (141) Active | $319,999 List Price | 3 | 3 | 1,617 | $198 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old property is functional but dated. While it features some newer flooring, the bathroom cabinetry and countertops are older, and the listing explicitly states it is 'ready for your new ideas,' indicating a need for cosmetic updates and modernization of original systems.
With 1,617 square feet of living space, high beam ceilings, and an open floor plan, this home offers a spacious and airy atmosphere that is rare for a three-bedroom townhome.
The property features both a cozy enclosed front patio and a large rear patio, providing significant private outdoor space for relaxation and entertaining.
Located in the Shady Hollow community, the property offers the privacy and comfort of a gated, family-oriented setting in a central Santa Ana location.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1617, other record living area = 1267. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is situated on a land lease, which can make securing traditional financing more difficult and may impact long-term appreciation compared to fee-simple properties.
While move-in ready, the description indicates the home is ready for 'new ideas and changes,' suggesting that the 1974 interior likely requires cosmetic updates to meet modern standards.
Nicely Gated Community in the heart of Santa Ana. Yes, this property is on a Land Lease! Come see for yourself. ShadyHollow Community give your privacy and comfort of a family setting. Enjoy this 2-story home with a cozy front enclosed patio that takes you right into your new home ready for your new ideas and changes. definitely ready to move in. Open floor plan with high beam ceilings. Formal dining area big and spacious for entertaining family and friends. Lots of natural light coming through this home. The stairs take you to all 3 bedrooms, large. with Primary having their own suite bathroom. 2 bathrooms upstairs and 1.2 Downstairs for guest. Enjoy your large back patio with lots of room. Come see your new home ..
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,617 | 1,253.5 | 71% |
| Lot Size | 413,806 | 1,217.8 | 93% |
| Price | $320.5K | $565.0K | 14% |
| Price per sq ft | $198 | $471 | 7% |
| Built year | 1974 | 1973 | 50% |
| HOA | $550.0 | $444 | 79% |
| Days on market | 43 | 196 | 14% |
May 28, 2026
$320,500
$335,000
-4% Price Drop
Initial Listing
May 1, 2026
$335,000
Initial Listing