13421 Montecito
About This Property
Currently configured with 3 spacious bedrooms and 2.5 bathrooms, the home also features a versatile upstairs bonus room, ideal as a home office, study, or easily convertible into a 4-bedroom layout to suit evolving needs.
The formal living and dining rooms showcase soaring ceilings, fresh designer paint, and wide luxury vinyl plank flooring, providing a warm and inviting space for gatherings. At the heart of the home, the kitchen is beautifully appointed with granite countertops, sleek cabinetry, and premium KitchenAid appliances, blending everyday function with elevated style.
The primary suite is a serene retreat, complete with a generous walk-in closet, and a spa-inspired bathroom featuring dual sinks and refined finishes.
Additional highlights include:
• Professionally upgraded garage featuring built-in storage, custom slatwall organization with bike hangers, and epoxy floors
• Re-piped with PEX and new copper main line from the street to the home
• Updated fireplace with remote-controlled gas insert
• Newer AC condenser and evaporator coil
• Newer water heater
• Newer garage door and motor
• 220V backyard outlet-perfect for a future spa or hot tub
• Dedicated downstairs laundry room
• Attached 2-car garage
Community Amenities & Lifestyle Perks:
• Access to a resort-style pool and spa
• Annual 4th of July parade with Tustin Police escort
• Horse-drawn sleigh rides in December
• Walkable to McDonald's and just minutes from Costco, Tustin Market Place, parks, and golf
With seamless access to the 5 & 55 freeways, 241 & 261 toll roads, and John Wayne Airport, this home delivers the perfect balance of luxury, location, and lifestyle.
Welcome to 13421 Montecito-where every detail has been thoughtfully elevated for modern elegance and comfort.
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Cap Rate Calculator
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 1, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Aug 30, 2025 | Price Decreased |
$1,639,999
↓ $1
(0%) | |
| Price Decreased | |||
| Jul 15, 2025 | Listed by James Free Broker | $1,640,000 | |
| Listed by James Free Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017