2624 N Tustin Avenue D (141), Santa Ana, California 92705, Santa Ana, 92705 - 3 bed, 3 bath

2624 N Tustin Avenue D (141), Santa Ana, California 92705 home-pic-0

2624 N Tustin Avenue D (141)

Santa Ana, California 92705

ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,617Sq Ft
347,912Lot Size

Property Price

LIST PRICE$359,900

SUMMARY

Analysis of 2624 N Tustin Avenue D (141), Santa Ana, California 92705 is currently available with a list price of $359,900. 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

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and well-maintained with significant recent infrastructure upgrades, including complete re-piping and a new 200-amp electrical panel. While the 1975 construction retains some dated aesthetic features like ceramic tile countertops and wood-paneled cathedral ceilings, the home has been refreshed with new paint, new kitchen appliances (gas range and microwave), and updated faucets.

PROSSTRENGTHS & OPPORTUNITIES

  • Significant Infrastructure Upgrades

    The property features critical modern updates including complete re-piping and a new 200-amp electrical panel, significantly reducing the risk of immediate maintenance issues for the buyer.

  • Spacious and Open Layout

    With 1,617 square feet of living space, cathedral wood ceilings, and dual fireplaces, the home offers a voluminous and high-end feel that is rare for a starter home.

  • Turnkey Interior Features

    The unit is move-in ready with fresh paint throughout, new kitchen appliances, updated faucets, and a private two-car garage with direct access.

CONSRISKS & DEFICIENCIES

  • Substantial Monthly Carrying Costs

    The combined monthly obligation of the $1,791 land lease, $550 HOA fee, and $155 special assessment creates a high recurring cost of nearly $2,500 before mortgage payments.

  • Land Lease Expiration

    The land lease expires in May 2049; with only 25 years remaining, this may complicate traditional 30-year financing options and negatively impact long-term resale value.

About 2624 N Tustin Avenue D (141)

Great starter home in the Gated Community of Shady Hollow! This spectacular two-level home offers 3 bedrooms with 2.5 baths, cathedral ceilings, an open floor plan, central AC, fresh paint throughout, new faucets, completely re-piped and a new updated to 200 amp electrical panel to be installed soon, a private front patio area and a generous sized back patio. The first floor includes a kitchen with a bay window, ceramic countertops, a new gas range and microwave and a half-bath. Spacious dining area with a bay window, cathedral wood ceilings with fans and direct access to the back patio. A spacious living room with a fireplace and access to the back patio. Direct access to a 2-car garage with washer/dryer hookups. The 2nd level offers a large master bedroom with its own fireplace, a walk-in closet, bathroom with sink cabinet outside. Off the hallway are two other bedrooms and a full bathroom and plenty of linen closet space. Close to the 55 and the 22FWY PLEASE NOTE: UNIT IS SITTING ON LEASED LAND THAT EXPIRES ON 5/2049. LEASE MONTHLY PAYMENT IS $1791, HOA IS $550/MONTH AND A SPECIAL ASSESSMENT OF $155/MONTH FOR SEVEN YEARS.

Property Details

Public Facts

Property Type
Condominium
Year Built
1975
Lot Size
347,912 Sq. Ft.

Interior

Total Bedrooms
3
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
57%
Baths3.02.0
57%
Square foot1,6171,283
76%
Lot Size347,912-
90%
Price$359.9K$590.0K
19%
Price per sq ft$223$507
14%
Built year19751975
50%
HOA$550.0$449
76%
Days on market53172
5%

Pricing History

Listed for Sale

Feb 25, 2026

$359,900

$399,900

-10% Price Drop

Initial Listing

Price Change

Jan 13, 2026

$399,900

Initial Listing

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