2624 N Tustin Avenue D (141), Santa Ana, California 92705, Santa Ana, 92705 - 3 bed, 3 bath
, Santa Ana, California 92705)
2624 N Tustin Avenue D (141)
Santa Ana, California 92705
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 57% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 1,617 | 1,283 | 76% |
| Lot Size | 347,912 | - | 90% |
| Price | $359.9K | $590.0K | 19% |
| Price per sq ft | $223 | $507 | 14% |
| Built year | 1975 | 1975 | 50% |
| HOA | $550.0 | $449 | 76% |
| Days on market | 53 | 172 | 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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