2620 N Tustin A/37, Santa Ana, California 92705, Santa Ana, 92705 - 3 bed, 2 bath
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Santa Ana, California 92705
This Single-Story Value-Add Condo is listed at $340,000, currently positioned above its $250,125 Fair Market Value. Boasting a Fair Condition Rating, the residence features a rare open floor plan with high ceilings, A/C, and dual private patios. The interior requires a kitchen renovation and modernization to reach its full potential near Fairhaven Elementary in the Santa Ana Unified School District. Given the Land Lease structure and "TLC" needs, this property represents a strategic asset acquisition for Cash Buyers or Owner-Occupants seeking a customizable residence in a gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2620 N Tustin A/37 Subject | $315,500* List Price | 3 | 2 | 1,455 | $166 | - |
A 2602 N Tustin Avenue D Sold | $292,000 | 3 | 2 | 1,455 | $201 | 0.0 mi |
B 2514 N Tustin F(66) 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.
The property was built in 1974 (50 years old) and appears largely original or dated. The bathroom shows older laminate countertops and cabinetry, and the listing description explicitly states the kitchen needs 'TLC' and 'your touch.' While the home is functional and includes A/C, the age of the finishes and the need for kitchen/bath modernization align with the Fair category.
The home features a rare single-story open floor plan with high ceilings and spacious rooms, offering excellent accessibility and a sense of volume.
The property includes both a private front patio and a secluded back patio, providing ample space for outdoor relaxation and entertaining.
Located in the Shady Hollow gated community, the home offers enhanced security and a central Santa Ana location with the added benefit of an existing A/C system.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1455, 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 on a land lease, which can complicate traditional financing options and may impact long-term equity growth compared to fee-simple ownership.
The kitchen is explicitly noted as needing 'TLC' and updates, indicating that the buyer will need to budget for immediate modernization and repairs.
Beautiful Home in the perfect location. This home sits in a gated community in the heart of Santa Ana. Walk into a private front patio that takes you into your 3-bedroom, 2 bath open floor plan home. High ceilings, large roomy space, great for entertaining family and friends. Kitchen is awaiting your touch and tlc. Large counter space with lots of cabinets for storage. Enjoy your cozy fireplace in your dining area and very private back patio to relax and enjoy. This home has a/c for the hot days. All rooms are great sizes, come see for yourself. Don't wait, this single story won't last - this Property has a LAND LEASE ..
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 | 2.0 | 2.0 | 50% |
| Square foot | 1,455 | 1,283 | 60% |
| Lot Size | 413,806 | 435.6 | 93% |
| Price | $315.5K | $590.0K | 13% |
| Price per sq ft | $217 | $438 | 13% |
| Built year | 1974 | 1974 | 50% |
| HOA | $550.0 | $438 | 80% |
| Days on market | 41 | 222 | 13% |
May 28, 2026
$315,500
$340,000
-7% Price Drop
Initial Listing
Apr 26, 2026
$340,000
Initial Listing