
Tustin, California 92782
This High-Potential Investment Opportunity is listed at a List Price of $560,000, positioned slightly above the $553,693 Fair Market Value. While the property requires cosmetic updates due to its Condition Rating of 4, it offers significant long-term upside in the highly regarded Tustin Unified School District. Featuring a private patio and detached garage, the home provides a functional layout for value-add renovations. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity in a prime Tustin Ranch location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2800 Keller 239 Subject | $560,000* List Price | 1 | 1 | 738 | $750 | - |
A 2800 Keller Drive 243 Sold | $520,000 | 1 | 1 | 678 | $767 | 0.2 mi |
B 2800 Keller Drive 55 Sold | $699,000 | 2 | 2 | 882 | $793 | 0.2 mi |
C 2960 Champion Way 1814 Sold | $572,000 | 1 | 1 | 787 | $727 | 0.8 mi |
D 2960 Champion Way 1208 Sold | $708,400 | 1 | 1 | 959 | $739 | 0.8 mi |
E 2800 Keller Dr. 306 Sold | $499,000 | 1 | 1 | 678 | $736 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (34 years old) and explicitly described as being in 'original condition.' While the home features updated wood flooring and newer stainless steel appliances, the kitchen cabinetry, tile counters, and fluorescent lighting are dated and require modernization to meet current market standards.
Situated in the heart of Tustin Ranch, the property offers exceptional proximity to The Market Place and access to the highly-rated Tustin Unified School District, including Beckman High School.
At $275 per month, the association dues are notably low for the Orange County area, enhancing the property's monthly affordability and long-term value for both owners and investors.
Offered in original condition at an approachable entry-level price point, this home provides a significant opportunity for buyers to build equity through modern updates and personalization.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 738, other record living area = 678.
The residence is maintained in its original 1992 condition, which will likely require immediate capital investment for renovations to meet modern aesthetic and functional standards.
With only one bedroom and 738 square feet of living space, the property may have limited appeal for buyers requiring a home office or additional room for guests.
Welcome to the desirable Mandevilla community in the heart of Tustin Ranch — an upper-level home ideally positioned for first-time buyers, investors, or buyers looking to secure a home in one of Orange County’s most established neighborhoods at an approachable price point. This residence features a functional layout with a detached garage, walk-in closet, private patio perfect for quiet mornings, natural lighting throughout, wood flooring, and an in-unit laundry closet with newer washer and dryer. Offered in original condition, the home presents an excellent opportunity to personalize and update over time while building equity in a prime location. Residents enjoy community amenities with HOA dues of $275/month and access to the highly regarded Tustin Unified School District, including Tustin Ranch Elementary, Pioneer Middle School, and Beckman High School. Conveniently located less than 1 mile from The Market Place, with popular dining, shopping, coffee, and entertainment nearby, plus easy access to Tustin Ranch Golf Club and the 5, 55, and 261 freeways. Homes in Tustin Ranch at this entry price point are becoming increasingly limited — especially for buyers seeking location, long-term value, and upside potential in Orange County. Schedule your private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 15% |
| Baths | 1.0 | 3.0 | 13% |
| Square foot | 738 | 1,429 | 8% |
| Lot Size | 264,382 | 29,188 | 82% |
| Price | $560.0K | $1.08M | 10% |
| Price per sq ft | $759 | $703 | 74% |
| Built year | 1992 | 1995 | 36% |
| HOA | $275.0 | $332 | 36% |
| Days on market | 32 | 131 | 8% |
May 15, 2026
$560,000
Initial Listing
Nov 2, 2018
$367,500
Public Record
Sep 28, 2005
$359,000
Public Record
Aug 13, 1999
$121,500
Public Record