
Santa Ana, California 92701
This property presents a Strong Value Opportunity with a List Price of $449,999—positioned well below the $418,907 Fair Market Value by -7%. Featuring a Fair Condition Rating (4/10), the unit offers a functional two-story layout with a private back patio and access to community pools. While the interior requires modernization, the $4,000 seller-paid HOA assessment for exterior upgrades provides immediate financial stability. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a central Santa Ana location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1001 E Grant F4 Subject | $449,999* List Price | 2 | 2 | 870 | $482 | - |
A 1000 E Bishop Street M2 Sold | $400,000 | 2 | 2 | 870 | $460 | 0.1 mi |
B 1001 E Camile A2 Sold | $375,000 | 2 | 2 | 870 | $431 | 0.1 mi |
C 1000 E Bishop Sold | $402,500 | 2 | 2 | 870 | $463 | 0.1 mi |
D 450 E 4th Street 337 Active | $409,000 List Price | 2 | 2 | 808 | $506 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property is dated and shows interior finishes, such as the bathroom vanity and tile, that appear to be over 20 years old. While functional and move-in ready, the unit requires cosmetic updates and modernization of systems to meet current market standards.
The competitive $275 monthly HOA fee covers essential utilities like water, sewer, and trash, and the seller has already settled a $4,000 assessment for exterior upgrades, providing immediate financial peace of mind for the buyer.
Ideally situated near Downtown Santa Ana and the Santa Ana Zoo, the property offers excellent walkability to Walker Elementary and easy access to local shopping and dining hubs.
The two-story design effectively separates living and sleeping areas, while the private back patio provides a rare outdoor retreat within a secure, gated community setting.
The property was recently sold within the past year on 2025-06-24. The sold price is $390,000.00.
The property relies on a shared community laundry facility rather than providing in-unit hookups, which may be a drawback for buyers seeking maximum convenience.
Although the home is located within walking distance of several schools, the assigned middle and high schools currently hold lower performance ratings, which could impact long-term resale appeal for education-focused families.
Welcome to this cozy two-story end-unit condominium featuring 2 bedrooms and 1.5 bathrooms in a secure gated community. This well-maintained home includes an assigned parking space and offers a comfortable layout ideal for everyday living. The first floor features a spacious living room, dining area, and convenient half bathroom. A sliding glass door opens to a private patio, providing the perfect space for outdoor relaxation, gardening, or entertaining guests. Upstairs, you'll find two generously sized bedrooms with large closets and a full bathroom. The thoughtful floor plan offers both privacy and functionality. Residents enjoy access to community amenities, including two swimming pools, a playground, and an on-site laundry facility. The HOA fee of $275 per month covers water, sewer, and trash services.Conveniently located near Walker Elementary School, Sierra Preparatory Academy, and Century High School, this home is also just minutes from shopping centers, downtown Santa Ana, and attractions such as the Santa Ana Zoo. An added bonus: the seller has already paid a $4,000 HOA special assessment for exterior property improvements, providing additional value and peace of mind for the new owner. Don't miss this excellent opportunity to own a home in a convenient location with great community amenities!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 870 | 936.5 |
| Lot Size | 409,580 | 256,727 |
| Price | $450.0K | $452.8K |
| Price per sq ft | $517 | $541 |
| Built year | 1964 | 1970 |
| HOA | $275.0 | $492 |
| Days on market | 44 | 73 |
Jun 8, 2026
$449,999
Initial Listing
Jun 24, 2025
$390,000
Public Record
Sep 24, 2010
$105,000
Public Record
Mar 31, 2010
$65,000
Public Record
Feb 25, 2004
$175,000
Public Record