2960 Champion Way 1008, Tustin, California 92782, Tustin, 92782 - 1 bed, 1 bath
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2960 Champion Way 1008
Tustin, California 92782
ACTIVE
CONDITION: FAIR
1Beds
1Baths
787Sq Ft
101,395Lot Size
Property Price
LIST PRICE$524,900
EST. MARKET VALUE
$515,590
SUMMARY
This 1-Bedroom Condominium represents a Strong Value Opportunity, listed at $549,900—positioned slightly above the $540,453 Fair Market Value. While not a deep discount, the property offers a stable entry into the prestigious Rancho Veracruz community. With a Condition Rating of 4, the home features a 2021 HVAC upgrade and modern vinyl flooring, providing a solid foundation for cosmetic personalization. Its top-floor, corner-unit privacy and resort-style amenities, including pools and a fitness center, make this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance lifestyle.
Estimated Market Value
$515,590
Based on Realkey algorithm analyzing recent comparable sales in Tustin.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2960 Champion Way 1008 Subject 1 bd · 1 ba · 787 sqft · $655 | $524,900* List Price | 1 | 1 | 787 | $655 | - |
A 2800 Keller Dr. 306 Sold 1 bd · 1 ba · 678 sqft · $736 · 0.8 mi | $499,000 | 1 | 1 | 678 | $736 | 0.8 mi |
B 2960 Champion Active 1 bd · 1 ba · 509 sqft · $756 · 0.0 mi | $385,000 List Price | 1 | 1 | 509 | $756 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1992 (34 years old), the property is well-maintained but dated. While the HVAC was recently replaced in 2021 and the flooring has been updated to modern vinyl, the kitchen remains in its original state with 90s-style tile countertops, white coil-electric appliances, and older cabinetry. It is move-in ready but requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Unit Positioning
As a top-floor corner unit with no neighbors above or below, this home offers exceptional privacy and abundant natural light that is rare for condominium living.
- Resort-Style Amenities
Located in the prestigious Rancho Veracruz golf course community, residents benefit from two pools, spas, a fitness center, and a clubhouse, with HOA dues conveniently covering water and trash.
- Updated Mechanicals & Features
The property features a recently replaced AC system (2021), in-unit laundry, and low-maintenance vinyl and tile flooring, reducing immediate capital expenditure for the new owner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =101395, other record lot size in square feet = 141552.
- Limited Living Space
With only one bedroom and 787 square feet, the property may have limited appeal for buyers requiring a home office or guest room, potentially narrowing the pool of prospective tenants or owners.
- Recurring Carrying Costs
The monthly HOA fee of $435 adds a significant recurring expense to the mortgage, which may impact the overall affordability and debt-to-income ratio for first-time buyers.
About 2960 Champion Way 1008
Welcome to Rancho Veracruz, a highly sought-after golf course community! This top-floor corner-unit home offers exceptional privacy with no neighbors above or below, abundant natural light, and peaceful tree-top views. The inviting living room features a cozy fireplace and flows seamlessly into the dining area, which offers flexibility for both dining and a home office setup. The well-maintained kitchen includes a convenient breakfast bar and opens to the main living spaces, creating an ideal layout for everyday living and entertaining. Tile flooring enhances the entry and kitchen, while vinyl flooring extends throughout the living room, bedroom, and bathroom. The spacious bedroom features dual closets, including a walk-in closet with mirrored doors, along with ample linen storage. AC was replaced in Feb 2021. Enjoy the convenience of in-unit laundry and a private balcony, perfect for morning coffee, outdoor dining, or relaxing among the trees. Community amenities include two pools, spas, a fitness center, and clubhouse. HOA dues include water and trash. Offering comfort, privacy, and resort-style living, this Rancho Veracruz gem is ready to welcome you home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1992
- Lot Size
- 101,395 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 787 | 1,166.382 |
| Lot Size | 101,395 | 144,294.009 |
| Price | $524.9K | $737.4K |
| Price per sq ft | $667 | $649 |
| Built year | 1992 | 1987 |
| HOA | $435.0 | $389 |
| Days on market | 46 | 53 |
Pricing History
Listed for Sale
Oct 15, 2026
$524,900
$549,900
-5% Price Drop
Initial Listing
Price Change
Sep 9, 2026
$549,900
Initial Listing
Sold
Jun 30, 2016
$328,500
Public Record
Sold
Feb 3, 2005
$300,000
Public Record
Sold
Oct 1, 1999
$121,000
Public Record
Sold
Feb 27, 1998
$99,000
Public Record