13691 Red Hill Avenue, Tustin, California 92780, Tustin, - bed, bath

home-pic
ACTIVE$875,000
13691 Red Hill Avenue, Tustin, California 92780
3Beds
2Baths
1,388Sqft
5,750Lot
Year Built
1938
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25248698
Home ConditionPoor
Features
Patio
View-

About this home

ONLY SHOWINGS>> OPEN HOUSE: NOV. 1st & 2nd from 1:00 - 3:30PM Nestled in a prime Tustin location, this property presents a rare opportunity to own a canvas for your vision, empowered by its valuable R3 residential zoning. This designation opens the door to a multitude of possibilities, from a spacious single-family residence with a permitted ADU + Garage, to a lucrative multi-family conversion, or a custom live/work setup. The most significant advantage is already in place: the plumbing and utilities are fully stubbed for two bathrooms and a full kitchen, a pre-completed phase that saves you significant time, hassle, and cost on any redevelopment. Whether you're a homeowner seeking to build equity beyond the norm, an investor looking for a asset with built-in upside, or a professional dreaming of a seamless work-life balance, this property offers a strategic head start on achieving your goals.

Price History

Date
Event
Price
10/28/25
Listing
$875,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (100 Listings)
Beds34
45%
Baths22
50%
Square foot1,3881,749
16%
Lot Size5,7507,279
22%
Price$875K$1.3M
8%
Price per square foot$630$702
26%
Built year19381965
2%
HOA
Days on market8138
1%
Condition Rating
Poor

Built in 1938, this property is explicitly marketed as a 'canvas for your vision' and a 'redevelopment' opportunity. While the visible interior spaces appear recently renovated with modern finishes (wood-look flooring, contemporary lighting, updated bathroom fixtures), these renovations seem to cater to a commercial/office use. Crucially, the listing states that 'plumbing and utilities are fully stubbed for two bathrooms and a full kitchen,' indicating that these essential residential components are not yet completed or fully installed. The 'kitchen' shown in images is a small kitchenette, not a functional residential kitchen. Therefore, despite the modern aesthetic of the existing finished areas, the property requires substantial rehabilitation and completion of major residential components (full kitchen and bathrooms) to be a functional home, aligning it with a 'poor' condition score for residential readiness.
Pros & Cons

Pros

Flexible R3 Zoning: The valuable R3 residential zoning allows for diverse development opportunities, including multi-family conversion, ADU addition, or a live/work setup, maximizing potential returns.
Pre-Installed Utilities for Redevelopment: Plumbing and utilities are already stubbed for two bathrooms and a full kitchen, significantly reducing time and cost for future renovations or new construction.
Prime Tustin Location: Nestled in a desirable Tustin neighborhood, offering strong community appeal and convenient access to local amenities.
Significant Value-Add Potential: Positioned as a 'canvas for your vision,' this property offers substantial opportunity for customization and equity building through redevelopment.
Strong Investor Appeal: With its R3 zoning and pre-stubbed utilities, the property is an attractive asset for investors seeking built-in upside and diverse income-generating possibilities.

Cons

Age of Construction: Built in 1938, the property likely requires extensive modernization and updates to meet contemporary standards, potentially incurring significant renovation costs.
No Notable Views: The property does not offer any specific views, which might be a consideration for buyers prioritizing scenic surroundings.
Listing Price Exceeds Estimated Value: The current listing price is approximately 6% above the estimated market value, which could impact buyer perception and negotiation leverage.

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