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2518 N Tustin Ave #821 / 32 · Click to zoom

About this home

This LAND LEASE UNIT has been luxuriously remodeled. New cabinets, quartz, flooring, paint, tiles and appliances throughout. Master suite has a fireplace plus a walk in closet and additional storage. A loft that could be easily converted to a third bedroom. Well laid out floor plan. Powder room downstairs. Enjoy morning coffee on the front courtyard and enjoy the afternoon in your own backyard. Light, bright and airy. The HOA has a pool & spa and a clubhouse. Beautiful greenbelts and well maintained. HOA fee includes water and refuse. Hookups for Washer and Dryer in garage. Bring your personal touches to make this your new home. Excellent RENTAL property. Quiet, serene and easy access to the three freeways Walk to grocery store, donut shop.On the Land Lease, The Lease term ends December 31, 2049. The monthly rent is currently $1026. It increases on May 1 each year by 2%, until April 18, 2025. On that date the rent will be subject to an adjustment based upon the fair market value of the land. The adjusted rent will be 8% of that value (but not less than the rent amount then in effect), and then will adjust in the same manner every 10 years thereafter. Buyer to verify all information.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$340,000 · Oct 2021
📋 Assessed value$517,981
💵 Annual tax$5,755
🏫 School districtOrange Unified School District

MLS #219140542

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$2,349
Principal & interest$1,896
Property tax$344
Home insurance$109
Down payment: $75,000Loan: $300,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.