
Santa Ana, California 92705
This Spacious Condominium is a High-Potential Investment Opportunity, listed at $398,000—positioned above the $379,330 Fair Market Value by 4%. While the price reflects a premium, the property maintains a Condition Rating of 3, featuring a Granite Kitchen, newer windows, and updated bathrooms. The unit offers a unique lifestyle with a Private Courtyard and Greenbelt Views. Given the land lease and HOA obligations, this property is best suited for Owner-Occupants prioritizing move-in ready convenience or lifestyle-focused buyers seeking a quiet, updated retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2626 N Tustin A Subject | $398,000* List Price | 4 | 3 | 1,858 | $204 | - |
A 2518 N Tustin Avenue E Sold | $360,000 | 4 | 3 | 1,617 | $223 | 0.0 mi |
B 2602 N Tustin Avenue D Sold | $292,000 | 3 | 2 | 1,455 | $201 | 0.0 mi |
C 2604 N Tustin Ave Active Under Contract | $378,000 List Price | 4 | 3 | 1,679 | $225 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with significant updates. The kitchen features granite countertops and stainless steel appliances, and all bathrooms have been updated with newer vanities and tile. Major systems including the HVAC and water heater are approximately 9 years old, and the home features newer windows and flooring throughout.
As the largest floor plan in Shady Hollow, this home features high ceilings, a flexible downstairs office, and comprehensive updates to the kitchen and all three bathrooms.
The property occupies a desirable corner setting with only one shared wall, offering enhanced privacy and a scenic position along the Memorial Park greenbelt.
Rare for a condo, this unit provides two distinct private outdoor areas: a stone-paved front courtyard and a backyard patio complete with a pergola and mature privacy trees.
The combined monthly obligation of the land lease and dual HOA fees exceeds $2,700, which significantly impacts the total monthly debt-to-income ratio for potential buyers.
The land lease is subject to reassessment in approximately 10 years, creating long-term financial unpredictability regarding future payment increases.
UPDATED & LARGEST floor plan in Shady Hollow, perfectly located in the heart of Santa Ana boarding Tustin right in central Orange County living! This rarely available 3-bedroom, 2.5-bath condo offers the ideal blend of space, privacy, updates, and lifestyle convenience near shopping, dining, parks, entertainment, and everyday essentials. Positioned on a desirable corner setting, this home shares only one wall and enjoys a beautiful greenbelt location along Memorial Park. A private stone-paved courtyard creates a charming first impression and welcomes you into a spacious open floor plan with high ceilings, smooth-surface flooring, cozy fireplace, and generous natural light through newer windows.. The downstairs office offers flexible space for working from home, hobbies, guests, or a quiet retreat. The updated kitchen opens to the living area and features stainless steel appliances, granite countertops, wet bar, and additional storage cabinetry—perfect for casual dining, entertaining, and everyday living. Upstairs includes all 3 bedrooms and 2 full baths. The impressive primary suite offers high ceilings, its own fireplace, and a private balcony overlooking the peaceful surroundings. All 3 bathrooms have been tastefully updated with newer vanities, countertops, backsplashes, light fixtures, and tile surrounds. Enjoy Southern California outdoor living with both a welcoming front courtyard and a cozy backyard patio finished with stone pavers, pergola, and tall-lush trees lining the fence for added privacy. Attached 2-car garage includes private washer and dryer hookups. HVAC and water heater are approximately 9 years old. Shady Hollow community amenities include Pool, Spa/Hot Tub, Pest Control, Clubhouse, Recreation Room, water, Trash, Pet Rules, Security, Maintenance Front Yard, Gutters, Park, Sidewalks, Street Lights. Property is on a land lease of approximately $2013.83/month for next 10 years, then will be reassessed. HOA #1 fee is approximately $550/month. HOA #2 Assessement fee is $155/month estimated final is in 7 years. Buyer to verify all information, fees, lease terms, HOA details, and community amenities.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 88% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 1,858 | 1,253.5 | 81% |
| Lot Size | - | 217.8 | 50% |
| Price | $398.0K | $605.0K | 25% |
| Price per sq ft | $214 | $472 | 13% |
| Built year | 1975 | 1973 | 63% |
| HOA | $550.0 | $444 | 81% |
| Days on market | 12 | 218 | 6% |
May 25, 2026
$398,000
Initial Listing