1017 W Bishop Street A, Santa Ana, California 92703, Santa Ana, 92703 - 3 bed, 3 bath
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Santa Ana, California 92703
This Versatile Dual-Living Condominium is listed at $499,000, aligning precisely with its $499,000 Fair Market Value to provide a stable, market-validated entry point. The residence features a Remodeled Kitchen with wood cabinetry and a rare 1-Bedroom ADU with Separate Entrance, offering exceptional rental income or multi-generational potential. Maintaining a Condition Rating of 4, the home includes a Private Patio, in-unit laundry, and low $333 HOA fees. Situated near the 5 and 55 Freeways, this is a strategic choice for First-Time Buyers looking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1017 W Bishop Street A Subject | $499,000* List Price | 3 | 3 | 1,000 | $499 | - |
A 1017 W Bishop Street 202 Active | $539,000 List Price | 3 | 3 | 1,248 | $432 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1980, making it 44 years old. While the listing mentions a 'remodeled kitchen with newer counter tops, wood cabinetry, and tile floors,' the absence of interior images prevents a thorough assessment of the quality, style, and recency of this remodel, as well as the condition of the bathrooms, flooring, and other interior features. Given the property's age, it's likely that while the kitchen has seen updates, other areas, particularly the bathrooms, may be original or show signs of being outdated, requiring minor updates or repairs to meet modern standards. The description does not suggest major structural issues or unlivable conditions, placing it above 'Poor'.
The property includes a 1-bedroom ADU with its own entrance, offering significant potential for rental income or flexible multi-generational living arrangements.
The kitchen has been recently remodeled with newer countertops, wood cabinetry, and tile floors, providing a modern and appealing central living space.
Located within the desirable Bishop Villas, the property benefits from low HOA fees ($333.0), enhancing its affordability and long-term value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The complex is not FHA approved, which significantly limits the pool of potential buyers, particularly first-time homebuyers relying on FHA financing.
With 1000 sqft for 3 bedrooms and 3 bathrooms (including the ADU), the overall living space may be considered compact by some buyers, potentially impacting comfort or perceived value.
PRICED TO SELL! Charming 3 bedroom 2 bath condo home with laundry area located inside the unit. Unit has 2 main bedrooms, ALSO HAS A 1 BEDROOM ADU WITH SEPARATE ENTRANCE! Located Toward Front Of Complex. 1st Floor, 1st Unit. Direct access from Carport and Assigned Additional Car Space Parking from the ADU. Spacious Living Room Area. Large Master Bedroom with Mirrored Wardrobe doors. Bright sliding door to outside patio. Master Bath with double sinks. Remodeled Kitchen with newer counter tops, wood cabinetry, tile floors. Home is located within the desirable neighborhood of Bishop Villas with Low Homeowners Assn and near the 5 & 55 Freeways within the City of Santa Ana.t***Ideal for first time Buyers or Investors***Buyer is strongly advise to investigate all aspects of the property in regards sq.ft***Lot size, etc..*** Information deemed reliable, but not warranty.***Complex NOT FHA APPROVED.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,000 | 996 | 50% |
| Lot Size | - | 90,043.5 | 25% |
| Price | $499.0K | $498.5K | 50% |
| Price per sq ft | $499 | $491 | 50% |
| Built year | 1980 | 1985 | 50% |
| HOA | $333.0 | $334 | 50% |
| Days on market | 107 | 235 | 25% |
Jan 5, 2026
$499,000
Initial Listing
May 25, 2018
$237,500
Public Record
Aug 19, 2011
$100,000
Public Record
May 2, 2005
$250,000
Public Record
Dec 24, 2003
$165,000
Public Record
Jun 29, 2001
$112,000
Public Record