1062 B Cabrillo Park C, Santa Ana, California 92701, Santa Ana, 92701 - 1 bed, 1 bath
1062 B Cabrillo Park C
Santa Ana, California 92701
Property Price
SUMMARY
Analysis of 1062 B Cabrillo Park C, Santa Ana, California 92701 is currently available with a list price of $395,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Ana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several key updates including vinyl flooring, recessed lighting, newer windows, and a remodeled bathroom. Although the building was constructed in 1972, the interior has been modernized with functional systems like central AC/heat and updated finishes, meeting the criteria for a well-maintained home with minimal wear and tear.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Upgrades
The unit features significant interior updates including vinyl flooring, recessed lighting, newer windows, and a remodeled bathroom, offering a turnkey experience for the buyer.
- FHA Approved Financing
The property is FHA approved, making it an excellent and accessible opportunity for first-time homebuyers who may require low down-payment financing options.
- Prime Commuter Location
Ideally situated near the 5, 22, and 55 freeways and major retail hubs like South Coast Plaza, providing exceptional convenience for professionals and shoppers alike.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 675, other record living area = 1883. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 3.
- Lack of In-Unit Laundry
The reliance on community laundry facilities rather than private in-unit hookups may be a significant inconvenience for buyers prioritizing modern lifestyle comforts.
- High Monthly HOA Dues
At $485 per month, the association fees are relatively high for a one-bedroom unit, which could impact the overall affordability and debt-to-income ratio for some applicants.
About 1062 B Cabrillo Park C
***FHA Approved! -perfect for first-time buyers or investors! upper-level 1-bedroom 1 bath condo is located in The Redwoods Community. This move-in-ready home offers an open layout, newer windows ,recess lighting, remodel bathroom, vinyl flooring, a bright kitchen and a private balcony. Enjoy central AC/heat and a spacious walk-in closet. Community amenities include two pools, spa, gym, clubhouse, beautiful greenbelts, and community laundry. HOA covers water, gas, trash, and sewer. Includes a detached carport and guest parking . Convenient location near the 5, 22 & 55 freeways, MainPlace Mall, South Coast Plaza, parks, dining, and John Wayne Airport.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 108,984 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $485.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.5 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 675 | 822 | 25% |
| Lot Size | 108,984 | 122,149 | 41% |
| Price | $395.0K | $411.2K | 44% |
| Price per sq ft | $585 | $498 | 78% |
| Built year | 1972 | 1976 | 28% |
| HOA | $485.0 | $438 | 81% |
| Days on market | 46 | 204 | 3% |
Pricing History
Listed for Sale
Jan 20, 2026
$395,000
Initial Listing
Sold
Mar 11, 2024
$815,000
Public Record