, Santa Ana, California 92705&=s800-h600)
Santa Ana, California 92705
This Updated 3-Bedroom Condominium is listed at $359,900, offering a turnkey residential option near its $332,414 Fair Market Value. The home features a Condition Rating of 3 thanks to essential infrastructure upgrades, including complete re-piping and a new 200-amp electrical panel. Beyond the technical updates, the property offers a forested greenbelt view, cathedral wood ceilings, and dual fireplaces within the Orange Unified School District. With 1,617 square feet of refreshed living space, this is a high-quality acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready suburban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2624 N Tustin Avenue D (141) Subject | $339,900* List Price | 3 | 3 | 1,617 | $201 | - |
A 2602 N Tustin Avenue D Sold | $292,000 | 3 | 2 | 1,455 | $201 | 0.1 mi |
B 2518 N Tustin Avenue E Sold | $360,000 | 4 | 3 | 1,617 | $223 | 0.1 mi |
C 2514 N Tustin F(66) Active | $329,900 List Price | 3 | 3 | 1,617 | $204 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
The unit is move-in ready with fresh paint throughout, new kitchen appliances, updated faucets, and a private two-car garage with direct access.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,617 | 1,429.5 | 63% |
| Lot Size | 347,912 | - | 94% |
| Price | $339.9K | $658.5K | 19% |
| Price per sq ft | $210 | $472 | 19% |
| Built year | 1975 | 1975 | 50% |
| HOA | $550.0 | $430 | 75% |
| Days on market | 99 | 191 | 13% |
Apr 17, 2026
$339,900
$359,900
-6% Price Drop
Initial Listing
Feb 25, 2026
$359,900
$399,900
-10% Price Drop
Initial Listing
Jan 13, 2026
$399,900
Initial Listing