$475,000
●
Condo -
Off Market
1111 Packers Circle #17
Tustin, CA 92780
1 Bed
1 Bath
652 Ft²
$2,703
Est. Monthly
$370
HOA / Fees
4.96%
Cap Rate
About This Property
Desirable ground floor, one-bedroom, one-bathroom condo located in
the sought-after gated community of Village Homes. This popular
floor plan features an open living room with a cozy fireplace, a
galley kitchen, and an inviting outdoor patio. The spacious primary
bedroom offers a large walk-in closet, and the en-suite bathroom
includes a separate privacy bathtub, shower, and toilet. Convenient
in-unit laundry with washer and dryer included. The kitchen is
well-appointed with stainless steel appliances, granite
countertops, recessed lighting, and tile flooring. The living room
and primary bedroom feature laminate wood-style flooring. Prime
location within the community near pool / spa, and the convenience
of a covered carport just steps away. Ideal Tustin location,
close to Old Town Tustin and within walking distance to shopping
and dining.
Unit Size
652 Ft²
Days on Market
121 days
Land Size
-
Price per sqft
$729
Property Type
Condo
Property Taxes
-
HOA Dues
$370
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #PW24217670)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Relisted | $475,000 | |
| Relisted | |||
| Oct 28, 2024 | In contract | - | |
| In contract | |||
| Oct 21, 2024 | Listed by Seven Gables Real Estate | $475,000 | |
| Listed by Seven Gables Real Estate | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Carport
Interior Details
Bedrooms: 1
Bedrooms on Main Level: 1
Full Bathrooms: 1
Bathrooms on Main Level: 1
Levels: One
Interior Features: Granite Counters, Recessed Lighting, Storage, All Bedrooms Down, Galley Kitchen, Main Level Primary, Walk In Closets
Appliances: Dishwasher, Disposal, Gas Range, Microwave, Dryer, Washer
Flooring Type: Carpet, Laminate, Tile
Living Area Square Feet Source: Assessor
Laundry Features: Inside, Laundry Closet, Stacked
Has Fireplace
Living Room
Exterior Details
Property Condition: Updated Remodeled, Turnkey
Year Built: 1979
Parcel Number: 93711017
Home Type: Residential
Structure Type: House
Architectural Style: Contemporary
Outdoor Living Structures: Concrete, Covered, Enclosed
Spa Features: Association, Community
Pool Features: Community, Association
Lot Information: Greenbelt, Lawn
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location Details
Association Amenities: Pool, Spa Hot Tub
Association Fee: $370
Association Fee Frequency: Monthly
Community Features: Curbs, Street Lights, Sidewalks, Gated, Pool
Security Features: Carbon Monoxide Detectors, Gated Community, Smoke Detectors
Subdivision: Village Homes (VH)
Elementary School: Benson
High School: Tustin
High School District: Tustin Unified
Subdivision Name: Village Homes (VH)
Directions: Please enter gate, building is the first building just past the two sets of carports.
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional, Exchange1031
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/13/2025
|
1 Bed
|
1 Bath
|
652 ft²
|
$499,000
1 Bed
1 Bath
652 ft²
|
$495,000
-0.80%
12/05/2025
|
Sue Altowaiji
Greystone Realty Group
| |
|
05/07/2025
|
1 Bed
|
1 Bath
|
652 ft²
|
$485,000
1 Bed
1 Bath
652 ft²
|
$490,000
+1.03%
06/11/2025
|
Edgar Adame
Re/Max New Dimension
| |
|
10/21/2024
|
1 Bed
|
1 Bath
|
652 ft²
|
$475,000
1 Bed
1 Bath
652 ft²
|
$475,000
02/19/2025
|
Gilda Johnson
Seven Gables Real Estate
| |
|
02/27/2021
|
1 Bed
|
1 Bath
|
652 ft²
|
$364,900
1 Bed
1 Bath
652 ft²
|
-
-
|
-
| |
|
10/07/2020
|
1 Bed
|
1 Bath
|
652 ft²
|
$334,000
1 Bed
1 Bath
652 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
1 Bed
|
1 Bath
|
652 ft²
|
-
1 Bed
1 Bath
652 ft²
|
-
-
|
-
|
|
07/25/2017
|
1 Bed
|
1 Bath
|
652 ft²
|
$309,900
1 Bed
1 Bath
652 ft²
|
$320,000
+3.26%
09/18/2017
|
Calise Chang
Keller Williams Realty Irvine
|
Building Info
About Tustin
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Listed by: Gilda Johnson, Seven Gables Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24217670
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24217670
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