See Home Value
$775,000
● House - Off Market

540 W 3rd Street

Tustin, CA 92780
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,889 Ft²
$1,099,691
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Built in 1885, The French House is one of the finest Queen Anne cottages and oldest surviving houses in OC. This is a once in a generation opportunity to own a property that's Mills Act qualified and may be eligible for the National Registry of Historic Properties. She used to be the belle of the ball, decked out in all her glory. Now she's a little old, rough around the edges, and she needs to get some work done. But that's ok because you don't just own a home like this. You love it, cherish it, and you care for it like family. The most recent owners/caretakers of this treasure loved it like that. But the home has fallen on some hard times and needs a new owner/caretaker who can roll up their sleeves, dust off the millwork, and make this beauty shine like the star she once was. When the project's done, there'll be nothing better than stirring up a classic cocktail before relaxing on the wrap-around front porch. When dinner time arrives, go for a short stroll under a canopy of colorful jacaranda trees and head to one of Old Town Tustin's many restaurants. Features of the home include 10 ft ceilings, original window moldings/casings, fancy cut triangular and fish-scale gable end shingles, original redwood flooring and built-in buffet, a stunning glazed tilework fireplace and a secret pocket door that retracts vertically into the stairwell to reveal access to the upstairs master suite. And to top it off, the large lot allows for the future addition of an ADU/guest house.
Unit Size
1,889 Ft²
Days on Market
64 days
Land Size
0.33 acres
Price per sqft
$397
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1901

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (CRMLS #PW19139896)

Price History

Date / Event Date Event Price
Mar 20, 2025 Sold
Sold
Jan 29, 2025 Listed by COLDWELL BANKER REALTY $1,398,000
Listed by COLDWELL BANKER REALTY
Meticulously crafted in 1885, this is one of the finest Queen Ann style homes you will ever see. This home offers a harmonious blend of style and comfort throughout while not losing its original charm or integrity. Upon entry you will be greeted by the beautifully restored Douglas Fur wood flooring. There is an oversized living room with an abundance of natural light along with a separate dining room that features French doors that lead out to the wrap around porch, ideal for dinner parties. There is also a unique light fixture, original crown moldings and wood work throughout this home. The living Room and Dining room are open to each other offering the perfect space for entertaining and hosting large groups. If you enjoy cooking, this is the kitchen for you featuring custom cabinetry with glass inserts, oil rubbed bronze hardware, a flawless designed back splash of Arabesque tile, quartzite counters, an industrial La Cornue free standing range with double ovens. There is a laundry room/mud room complete with a half bath off the kitchen with a convenient rear entry door that leads to the back patio. There are two bedrooms on the main floor with one that features a fireplace with wood mantel and original tiled face, these bedrooms connect to a shared, fully updated bathroom with a free-standing tub originally from the Hewes Family that pre-dates the home. The main bedroom is on the upper level with a curved staircase, featuring custom paint, vaulted ceiling and en-suite bathroom with dual sinks, quartz counters, custom cabinetry and oversized free standing shower stall with bench seating. As you proceed upstairs the original pull down pocket door is a feature only found in a Home of this stature. The basement has been made into the most amazing bistro, man cave, bar/ wine cellar with original brick flooring, built-In cabinetry, custom ceilings with a relaxing vibe. The grounds are very manicured, with white picket fencing, and a large patio with plenty of grass to entertain or just relax. Additional features include French doors, crown moldings, custom lighting, newer HVAC, tankless water heater, fruit trees (Meyer lemon, avocado, grapefruit, Valencia & Navel orange). This home is in the heart of downtown Tustin, stroll to dinner, shopping, coffee, and entertainment. This home has the attention to the details you are looking for along with the History that you have always Dreamed of owning.
Aug 15, 2019 Sold
Sold
Jun 12, 2019 Listed by First Team Real Estate $750,000
Listed by First Team Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,400
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 960
  • Total Building Area: 1,889
  • Building Area: 1,889
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,889
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TUSTIN CITY
  • Land Acres: 0000000331
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: A TR TUSTIN CITY BLK I LOT 7 TUSTIN CITY LOT 7 BLK I ALL -EX S 25 FT-(AND W 46

Neighborhood

  • School District Name: Tustin Unified School District
  • Census Tract: 075505

Geography

  • Assessors Map Reference: 23-E2
  • Subdivision Tract Number: 793
  • Parcel: 401-364-04
  • Block: I
  • Lot: 7
  • Latitude: 33.7428
  • Longitude: -117.829

    Address

  • Full Address: 540 W 3rd St
  • Address - House Number: 540
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Tustin
  • Carrier Code: C043
  • 4-Digit Zip Code: 3651
  • Zip Code: 92780

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $915,170
  • Tax Rate Code Area: 13-000

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 1,180,329
  • High Value: 1,393,095
  • Low Value: 967,563

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $814,662
  • Assessed Land Value: $755,599
  • Assessed Improvements Value: $59,063

    Sales

  • Current Sale Contract Date: Jul 29, 2019
  • Current Sale Recording Date: Aug 15, 2019
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2019000302040
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tustin


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1097 Bonita Street, TUSTIN, CA, 92780

$3,600 /mo

  • 2 Beds
  • 1 Bath
  • 737 ft²
1097 Bonita Street, TUSTIN, CA, 92780 Listing by Ryan Zhou
Unit for rent at 14695 Candeda Place, TUSTIN, CA, 92780

$6,000 /mo

  • 5 Beds
  • 2 Baths
  • 2,500 ft²
14695 Candeda Place #1, TUSTIN, CA, 92780 Listing by Zach Wallin
Unit for rent at 1816 E 1st Street, SANTA ANA, CA, 92705

$4,880 /mo

  • 4 Beds
  • 2 Baths
  • 2,483 ft²
1816 E 1st Street #450, SANTA ANA, CA, 92705 Listing by Chun Mei Chang


Frequently Asked Questions

When was property at 540 West 3rd Street built and last sold?
The property at 540 West 3rd Street was built in 1901 and last sold on Jul 29, 2019 for $775,000.
How much is this home worth?
The estimated value of the home located at 540 West 3rd Street is $1,387,672.
What are some comparable homes to 540 West 3rd Street?
There are currently no comparable homes to 540 West 3rd Street.

Nearby Counties