1001 131 W Stevens 131, Santa Ana, California 92707, Santa Ana, 92707 - 2 bed, 1 bath
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Santa Ana, California 92707
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned well below the $413,309 Fair Market Value by -2%. While the property is currently priced slightly above market, its Fair Condition Rating and functional floor plan offer a clear path for value-add cosmetic updates. Featuring a modernized kitchen and private patio within an FHA-approved community, this asset provides stable rental demand in the South Coast Metro area. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1001 131 W Stevens 131 Subject | $425,000* List Price | 2 | 1 | 816 | $507 | - |
A 1000 W Macarthur Boulevard 114 Sold | $385,000 | 2 | 1 | 855 | $450 | 0.2 mi |
B 1001 W Stevens 318 Sold | $465,000 | 2 | 1 | 814 | $571 | 0.0 mi |
C 1010 W Macarthur Sold | $315,000 | 1 | 1 | 700 | $450 | 0.1 mi |
D 1000 W Macarthur Boulevard 113 Sold | $432,000 | 2 | 1 | 855 | $505 | 0.3 mi |
E 1000 W Macarthur Boulevard 18 Sold | $470,000 | 2 | 1 | 910 | $516 | 0.3 mi |
F 1000 W Macarthur 46 Sold | $417,000 | 1 | 1 | 700 | $596 | 0.2 mi |
G 1101 W Macarthur 244 Sold | $455,000 | 2 | 2 | 914 | $498 | 0.3 mi |
H 1030 W Macarthur Boulevard 5 Sold | $375,000 | 1 | 1 | 642 | $584 | 0.3 mi |
I 1101 W Macarthur Blvd #157 Active | $425,000 List Price | 2 | 1 | 842 | $505 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is over 50 years old and shows significant signs of age. While the kitchen has received some past upgrades (stainless appliances and wood cabinetry), the bathroom vanity is dated and shows visible wear, the tile flooring is older, and there is a large crack in the patio concrete. It fits the 'Fair' criteria as a dated unit needing minor repairs and cosmetic updates.
The property is situated in a highly desirable area minutes from South Coast Plaza, Segerstrom Center for the Arts, and major freeways, offering exceptional convenience for commuting and entertainment.
Being FHA-approved makes this home accessible to a wider range of buyers with low down payment options, while the first-floor, single-level layout provides excellent accessibility.
The kitchen features upgraded cabinetry and stainless steel appliances, and the HOA fee includes water and trash services, reducing monthly out-of-pocket utility costs for the owner.
The assigned elementary and intermediate schools have low ratings (2 and 3 out of 10), which may impact long-term resale value and appeal to families with school-aged children.
A single-bathroom configuration for a two-bedroom unit can be a significant drawback for roommates or small families, potentially limiting the pool of interested buyers.
Welcome to this charming first-floor, 2-bedroom, 1-bath condominium located in the desirable, FHA-approved South Coast Terrace community. This inviting home offers a functional single-level floor plan with a spacious living room that opens to a private patio, creating the perfect space for relaxing or entertaining. The kitchen features upgraded wood cabinetry, solid surface countertops, stainless steel appliances, and ample storage. The HOA includes water and trash, adding exceptional value and lower monthly ownership costs. Enjoy resort-style community amenities including pools, spas, beautifully maintained grounds, and a gated community. Situated in an unbeatable South Coast Metro location, you're just minutes from South Coast Plaza, Segerstrom Center for the Arts, fine dining, shopping, parks, and major freeways including the 405, 55, and 73, making commuting throughout Orange County a breeze. This is an excellent opportunity to own in one of Santa Ana's most convenient and sought-after communities
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 6-8 • 1.4 mi
Grades 7-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 816 | 936.5 |
| Lot Size | 446,934 | 256,727 |
| Price | $425.0K | $452.8K |
| Price per sq ft | $521 | $541 |
| Built year | 1972 | 1970 |
| HOA | $508.0 | $492 |
| Days on market | 11 | 73 |
Jul 11, 2026
$425,000
Initial Listing
Jul 1, 2005
$305,000
Public Record
Jun 19, 1997
$72,000
Public Record