2602 N Tustin Avenue 23, Santa Ana, California 92705, Santa Ana, - bed, bath

home-pic
ACTIVE$349,000
2602 N Tustin Avenue 23, Santa Ana, California 92705
3Beds
2Baths
1,455Sqft
413,806Lot
Year Built
1974
Close
-
List price
$349K
Original List price
$389K
Price/Sqft
-
HOA
$550
Days on market
-
Sold On
-
MLS number
IG25004595
Home ConditionGood
Features
Good View: Pool
Patio
ViewPool

About this home

HUGE PRICE REDUCTION FOR this beautiful and very private end unit condo located in a high desirable gated community in the City of Santa Ana with easy access to all major freeways, stores, schools, and entertainment. This single condo was recently remodeled. Beautiful and spacious property with an open living room and vaulted ceilings, new chandelier and lots of natural light opening to a nice kitchen with quartz countertops, recessed lighting. Delightful and cozy dining / family area with a fireplace. Master suite with en-suite bath with new interior paint throughout and new flooring in all 3 bedrooms. Bathrooms also remodeled with new vanities, new mirrors, and new toilets. 2 car garage with direct access and washer and dryer connections. Central AC and many more amenities. This condo also offers a private front and back patio looking out to the community swimming pool, jacuzzi, walking areas, community club house and much more! Leased land monthly fee is approximately $1881 (in addition to the monthly HOA fee of $705). Lease expires in 5/2049. Financing Available!

Nearby schools

4/10
Fairhaven Elementary School
Public,K-60.8mi
3/10
Portola Middle School
Public,6-82.2mi
4/10
Orange High School
Public,9-121.8mi

Price History

Date
Event
Price
08/05/25
$349,000
04/16/25
$389,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (28 Listings)
Beds33
50%
Baths23
48%
Square foot1,4551,271
66%
Lot Size413,806413,806
50%
Price$349K$560K
14%
Price per square foot$240$533
17%
Built year19741975
41%
HOA$550$449
79%
Days on market204188
66%
Condition Rating
Good

Built in 1974, this property has undergone a significant 'recent remodel' as stated in the description. The kitchen features modern white shaker cabinets, quartz countertops, and recessed lighting, with stainless steel and black appliances. Bathrooms have been updated with new vanities, mirrors, and toilets. New flooring (laminate/LVP) has been installed in all bedrooms, and the interior has fresh paint throughout. While the main living area retains older tile flooring and the property's core structure is 50 years old, the extensive updates in key areas make it move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria.
Pros & Cons

Pros

Extensive Recent Remodel: The condo has undergone significant recent renovations, including new interior paint, flooring in all bedrooms, remodeled bathrooms with new vanities and fixtures, and an updated kitchen with quartz countertops and recessed lighting, offering a modern and move-in ready interior.
Desirable Gated Community & Prime Location: Situated in a highly desirable gated community, the property offers enhanced security and convenient access to major freeways, shopping, schools, and entertainment, appealing to a broad range of buyers.
Private Outdoor Living & Resort-Style Amenities: Features private front and back patios, providing personal outdoor space, complemented by access to extensive community amenities including a swimming pool, jacuzzi, walking areas, and a clubhouse, fostering a resort-like living experience.
Private End Unit with Enhanced Features: As a private end unit, it benefits from increased privacy and natural light, boasting an open living room with vaulted ceilings, a cozy fireplace, central AC, and a convenient 2-car direct access garage.
Significant Price Reduction: The property has seen a substantial price reduction from its original listing, presenting an attractive value proposition for potential buyers in a competitive market.

Cons

Leased Land with Substantial Monthly Fee: The property is on leased land, incurring a significant monthly land lease fee of approximately $1881, which is in addition to the HOA fee, creating a substantial recurring cost.
Limited Lease Term: The land lease expires in May 2049, presenting a finite ownership term for the land and potential challenges for long-term financing, future resale, and property appreciation as the lease term diminishes.
High Total Monthly Carrying Costs: The combined monthly land lease fee ($1881) and HOA fee ($705) result in exceptionally high recurring costs totaling $2586 per month, which can significantly impact affordability and buyer eligibility.

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