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16235 Dawn Way 201 — Tustin — 3 Beds • 2 Baths • 1,894 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+22 more

$1,350,000

37 DOM

$713/sqft3 bd2 ba1,894 sqftHOA ~171/mo

Call

16235 Dawn Way 201 Tustin, CA 92782

31,406sqft lot

Welcome to this beautiful 3-bedroom flat at The Landing at Tustin Legacy, where thoughtful design meets modern luxury living. This is a rare opportunity to live in one of Orange County’s most sought-after communities. This impeccably maintained, move-in-ready residence offers effortless single-level living with 3 bedrooms, 2 bathrooms, an office nook and a private 2-car garage, all within a secure building featuring an elegant lobby and convenient elevator access. The interior is bright, open, and thoughtfully designed, featuring a spacious open-concept floor plan ideal for both everyday living and entertaining. The gourmet kitchen serves as the heart of the home, showcasing an expansive island, luxury stone countertops, and elegant cabinetry, complemented by modern finishes, smart home technology, and a timeless neutral aesthetic. Step outside to the expansive covered patio deck, the perfect setting to enjoy morning sunrises or relax and unwind in the evening. Residents of The Landing enjoy an unparalleled resort-style lifestyle, with access to a sparkling pool, BBQ and fire pit areas, stylish lounge spaces, tennis and pickleball courts, a sport court, and inviting community gathering areas. Ideally located near premier shopping, dining, and entertainment, with convenient access to Irvine Spectrum, South Coast Plaza, Disneyland, and major freeways including 5, 55, 133, 241, 261, and 405. This is a rare opportunity to experience contemporary luxury, comfort, and convenience at The Landing in Tustin Legacy.

MLS OC26048985

949-482-3999 (Office) preeti@eliteochomes.com

Est. payment

$8,797/mo

Principal & interestTaxesInsuranceHOA

$6,826$1,406$394$171

Down %

Rate %

Years

Down payment: $270,000 · Total cost: $2,727,480

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$8,797/mo

Principal & interest: $6,826
Est. property tax: $1,406
Est. insurance: $394
HOA (normalized / mo): $171
Down payment: $270,000

Est. gross rent$5,625/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-3,172/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.