For sale

Listed by: Seven Gables Real Estate • Carolina Montenegro • Contact: 714-731-3777

$274,000

123 Madrid, Tustin, CA 92780

3beds

1,325sqft

Manufactured Home

Built in 2005

17.94 Acres Lot

$272,100 Zestimate^®

$207/sqft

$-- HOA

What's special

This isn’t just a space, it’s where years of family dinners, celebrations, and everyday moments quietly built a life. Now, it’s ready for its next chapter. This 2005, double wide home offers an open layout that creates a natural flow between living spaces, making it easy to gather, host, and feel at home. One of the few in the community with a matching storage shed, adding both function and convenience. Set within the heart of Tustin, you’re surrounded by a community known for its top rated schools, walkable neighborhoods, and a lifestyle that blends convenience with a true neighborhood feel. Just minutes from Old Town Tustin, local parks, shopping, and easy freeway access. The current owners have built a life here. They’re simply hoping the next family gets to do the same.

74 days

4,233

158

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom, Primary Bathroom, Primary Bedroom

Primary bedroom

Features: Primary Suite

Bedroom

Features: All Bedrooms Down

Bathroom

Features: Separate Shower, Tub Shower

Kitchen

Features: Kitchen Island

Cooling

Wall/Window Unit(s)

Appliances

Included: Dishwasher, Gas Oven, Gas Range, Microwave
Laundry: Inside

Features

Open Floorplan, Storage, All Bedrooms Down, Primary Suite

Interior area

Total interior livable area: 1,325 sqft

Property

Features

Levels: One
Stories: 1
Entry location: Front
Patio & porch: Deck
Pool features: Community, Fenced
Has spa: Yes
Spa features: Community
Park: Villa Valencia Mobile Estates

Lot

Size: 17.94 Acres
Features: Landscaped

Details

Parcel number: 89219910
On leased land: Yes
Lease amount: $1,755
Special conditions: Standard

Construction

Type & style

Home type: MobileManufactured
Property subtype: Manufactured Home

Condition

Year built: 2005

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Community & HOA

Community

Features: Biking, Dog Park, Park, Street Lights, Sidewalks, Pool

Location

Region: Tustin

Financial & listing details

Price per square foot: $207/sqft
Tax assessed value: $42,196
Annual tax amount: $368
Date on market: 4/29/2026
Cumulative days on market: 74 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
Inclusions: Washer, Dryer, Stove, Fridge, Microwave, Pantry, In-window AC
Road surface type: Paved
Body type: Double Wide

Estimated market value

$272,100

$258,000 - $286,000

$3,628/mo

Price history

Date	Event	Price
4/29/2026	Listed for sale	$274,000$207/sqft
Source: CRMLS #OC26089251 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$368 +2.8%	$42,196
2024	$358 -0.3%	$42,196
2023	$359 -0.3%	$42,196
2022	$360 +0.1%	$42,196
2021	$360 -4.8%	$42,196 -3.8%
2020	$378	$43,861 -4%
2019	$378 -4%	$45,680 -3.8%
2018	$394 -7.2%	$47,501 -2.1%
2017	$425	$48,520
2016	$425 -0.3%	$48,520
2015	$426 -4%	$48,520 -3.5%
2014	$444	$50,283 -4.4%
2013	--	$52,597 -4.8%
2012	--	$55,226 -11.6%
2011	--	$62,489 -12.5%
2010	--	$71,430 -7.2%
2009	--	$76,994 -8%
2008	--	$83,649 -6.1%
2007	--	$89,086 +2%
2006	--	$87,340
2005	--	--
2004	--	--

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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