
Tustin, California 92780
This Value-Add Condominium represents a strategic acquisition in the heart of Tustin, listed at $539,999—positioned near its $501,321 Fair Market Value. Currently holding an Original 1963 Condition Rating, the property offers a rare blank canvas for forced appreciation through a custom renovation of the kitchen and bathrooms. Key functional upgrades like newer dual-pane windows and a private patio provide a head start for modernization. Located moments from Old Town Tustin within the Tustin Unified School District, this asset is perfectly suited for Fix-and-Flip Investors or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 634 W Main Subject | $539,999* List Price | 2 | 2 | 952 | $527 | - |
A 1076 Mitchell Avenue Sold | $620,000 | 2 | 2 | 1,085 | $571 | 0.6 mi |
B 15502 Williams O Sold | $470,000 | 2 | 2 | 1,047 | $449 | 0.5 mi |
C 479 E 1st Sold | $660,000 | 2 | 2 | 1,104 | $598 | 0.8 mi |
D 15500 Tustin Village Active | $539,000 List Price | 2 | 2 | 1,080 | $499 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is largely in its original 1963 condition but has been well-maintained with key functional updates, including newer dual-pane windows and updated kitchen appliances. While the kitchen cabinetry, butcher-block style counters, and bathroom tile work are dated and require aesthetic modernization, the home appears habitable with no visible structural distress or safety issues.
Ideally situated in the heart of Tustin, this property offers exceptional walkability to the charming shops, local dining, and community events of Old Town Tustin.
As a property in original condition, it presents a rare 'blank canvas' opportunity for investors or first-time buyers to build immediate equity through a custom renovation.
The home features newer dual-pane windows, which provide a valuable head start on updates by improving insulation, noise reduction, and natural light.
The interior remains in its 1963 original state, necessitating a substantial additional investment of time and capital to modernize the kitchen, bathrooms, and flooring.
Given the building's age, buyers should be prepared for potential maintenance needs or dated systems that are common in properties from the early 1960s.
Opportunity knocks in the heart of Tustin! This 2-bedroom, 2-bath condo offers a rare chance to create your own vision in a well-located and established community. While the interior remains in original condition and is ready for updates, the home features newer dual-pane windows that bring in natural light and improve energy efficiency. Enjoy a functional layout with great potential, plus a private patio with direct access—perfect for indoor-outdoor living or convenient entry. Whether you’re an investor, first-time buyer, or someone looking to customize a home to your exact taste, this property presents incredible upside. Ideally situated just moments from charming Old Town Tustin, you’ll love being able to walk to local shops, dining, coffee spots, and community events. With its unbeatable location and value-add potential, this is a rare opportunity you won’t want to miss. Unit D
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.9 mi
Grades K-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 952 | 1,067 | 27% |
| Lot Size | 511,215 | 121,677 | 95% |
| Price | $540.0K | $599.0K | 36% |
| Price per sq ft | $567 | $569 | 50% |
| Built year | 1963 | 1967 | 23% |
| HOA | $450.0 | $376 | 77% |
| Days on market | 11 | 131 | 5% |
Apr 11, 2026
$539,999
Initial Listing
Dec 3, 2004
$310,000
Public Record