12852 Fairhaven, Santa Ana, California 92705, Santa Ana, - bed, bath
ACTIVE$1,235,000
12852 Fairhaven, Santa Ana, California 92705
4Beds
2Baths
2,808Sqft
15,840Lot
Year Built
1951
Close
-
List price
$1.24M
Original List price
$1.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
TR25193837
Home ConditionPoor
Features
Pool
Patio
View-
About this home
Fixer in North Tustin surrounded by million dollar homes! Great opportunity for an investor on this original home sitting on a lot that’s over 1/3 of an acre with gorgeous mature trees and a lovely pool. A second unit was created in the below-grade area of the home. The R3 zoning offers unique possibilities. Located in the Tustin School District. Assigned schools are Arroyo, Hewes, Foothill. This unincorporated area also offers a lower basic property tax rate. There is no garage however, there are plenty of parking spaces. Buyer to verify all information contained in this listing.
Price History
Date
Event
Price
09/13/25
Price Change
$1,235,000-4.9%
08/27/25
Listing
$1,299,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (130 Listings) | |
|---|---|---|---|
| Beds | 4 | 4 | 50% |
| Baths | 2 | 3 | 25% |
| Square foot | 2,808 | 2,553 | 60% |
| Lot Size | 15,840 | 11,615 | 67% |
| Price | $1.24M | $1.74M | 9% |
| Price per square foot | $440 | $713 | 3% |
| Built year | 1951 | 1963 | 3% |
| HOA | |||
| Days on market | 70 | 155 | 11% |
Condition Rating
Poor
The property, built in 1951, is explicitly described as a 'fixer' and an 'original home,' indicating a severe lack of modern updates. Images confirm this, showing an extremely dated kitchen with original wood cabinets, old blue laminate countertops, and worn white appliances. The bathrooms are equally outdated with basic fixtures and worn flooring. Visible cracks in interior walls suggest potential structural issues or at least significant repair needs. Flooring throughout consists of old, worn linoleum/vinyl and stained carpet. The overall condition points to substantial repairs and rehabilitation being necessary, aligning with the 'poor' rating criteria.
Pros & Cons
Pros
Prime Location & Investment Potential: Situated in North Tustin, surrounded by million-dollar homes, this property offers significant upside potential for appreciation and value creation after renovation.
Development & Income Potential: The R3 zoning, coupled with an existing below-grade second unit, presents unique possibilities for multi-unit development, ADU expansion, or rental income.
Generous Lot Size: The expansive lot, over 1/3 of an acre (15,840 sqft), provides ample space for landscaping, outdoor amenities, or potential future expansion.
Desirable School District: Located within the highly-regarded Tustin School District, including assigned schools Arroyo, Hewes, and Foothill, which is a strong draw for families.
Lower Property Tax Rate: Being in an unincorporated area, the property benefits from a lower basic property tax rate, offering a financial advantage to the homeowner.
Cons
Fixer-Upper Condition: The property is explicitly described as a 'fixer' and an 'original home' from 1951, indicating a need for substantial renovation and capital investment to modernize.
Lack of Garage: Despite having plenty of parking spaces, the absence of a dedicated garage is a notable drawback for many buyers seeking covered parking and storage.
Age of Property & Systems: Built in 1951, the home's age suggests that major systems (plumbing, electrical, HVAC) and finishes are likely original or outdated, requiring significant updates.