10935 Osterman Avenue
About This Property
Step through the double-door entry into a light-filled interior featuring soaring ceilings, abundant natural light, and an open, inviting floor plan. The remodeled chef's kitchen is the heart of the home, showcasing custom cabinetry, Cambria quartz countertops, a large center island, built-in microwave, built-in wine refrigerator, new range hood, stainless steel appliances, and generous storage. Additional upgrades include a water filtration system, water softener, custom primary closet organizer, new window shutters, new garage door motor, upgraded lighting, custom shades, wrought-iron staircase, upgraded HVAC system, water heater, precast fireplace surround, and much more.
The spacious primary suite provides a luxurious retreat, while the beautifully remodeled bathrooms feature custom vanities, quartz countertops, frameless glass shower enclosures, subway tile accents, Kohler fixtures, designer tile flooring, and a freestanding soaking tub. Engineered wood flooring flows throughout the main living areas, complemented by plush carpeting in the bedrooms and family room.
Designed for seamless indoor-outdoor living, the oversized backyard offers a sprawling stone patio with pergola, expansive grassy area, and picturesque canyon views-perfect for entertaining, relaxing, or enjoying family gatherings.
Residents of the gated El Dorado community enjoy resort-style amenities including a pool, spa, BBQ area, tot lot, greenbelts, movie nights, and year-round neighborhood events. Conveniently located near award-winning schools, Peters Canyon Regional Park, Tustin Ranch Golf Club, The Marketplace, premier shopping, dining, and entertainment, with easy access to Newport Beach, Laguna Beach, Fashion Island, South Coast Plaza, and major freeways.
Offering an exceptional combination of location, lifestyle, community, and extensive upgrades, this move-in-ready home presents a rare opportunity to own in one of Tustin Ranch's most coveted gated communities.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$2,510,000
↓ $80K
(3.1%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by Real Broker | $2,590,000 | |
| Listed by Real Broker | |||
| Oct 6, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Aug 23, 2025 | Price Decreased |
$2,450,000
↓ $25K
(1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017