
Santa Ana, California 92701
This Turnkey Condominium is a Strong Value Opportunity, listed at $515,000—positioned well below the $525,000 Fair Market Value by 2%. This valuation gap offers $10,000 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a fully remodeled kitchen, modern flooring, and a private patio. Located in the Tustin Unified School District with access to Foothill High School (9/10), this property is an ideal choice for first-time buyers or owner-occupants seeking a move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1098 Cabrillo Park Subject 2 bd · 2 ba · 1,007 sqft · $521 | $515,000* List Price | 2 | 2 | 1,007 | $521 | - |
A 1330 Cabrillo Park F Sold 2 bd · 2 ba · 974 sqft · $498 · 0.1 mi | $485,000 | 2 | 2 | 974 | $498 | 0.1 mi |
B 1094 Cabrillo Park A Sold 2 bd · 2 ba · 1,007 sqft · $506 · 0.0 mi | $510,000 | 2 | 2 | 1,007 | $506 | 0.0 mi |
C 1345 Cabrillo Park F05 Sold 2 bd · 2 ba · 984 sqft · $477 · 0.2 mi | $469,000 | 2 | 2 | 984 | $477 | 0.2 mi |
D 1018 Cabrillo Park H Sold 2 bd · 2 ba · 1,007 sqft · $511 · 0.1 mi | $515,000 | 2 | 2 | 1,007 | $511 | 0.1 mi |
E 1068 Cabrillo Park Drive C Sold 2 bd · 1 ba · 943 sqft · $530 · 0.0 mi | $500,000 | 2 | 1 | 943 | $530 | 0.0 mi |
F 1410 Cabrillo Park Sold 2 bd · 2 ba · 1,102 sqft · $499 · 0.2 mi | $550,000 | 2 | 2 | 1,102 | $499 | 0.2 mi |
G 1044 Cabrillo Park Dr B Sold 2 bd · 1 ba · 943 sqft · $546 · 0.1 mi | $515,000 | 2 | 1 | 943 | $546 | 0.1 mi |
H 1270 Cabrillo Park Sold 1 bd · 1 ba · 682 sqft · $565 · 0.1 mi | $385,000 | 1 | 1 | 682 | $565 | 0.1 mi |
I 1370 Cabrillo Park Active Under Contract 2 bd · 2 ba · 974 sqft · $492 · 0.2 mi | $479,000 List Price | 2 | 2 | 974 | $492 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1972, the interior has undergone a comprehensive recent renovation (likely <5 years) featuring a fully remodeled kitchen with stainless steel appliances and modern cabinetry, refreshed bathrooms with updated tile work, new flooring, and recessed lighting throughout.
High School: Foothill High School (9/10).
The property features extensive updates including a remodeled kitchen with stainless steel appliances, refreshed bathrooms, and new flooring, offering a move-in-ready experience.
Situated within the Tustin Unified School District, the home provides access to high-performing schools, including Foothill High School which carries a prestigious rating of 9.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =123705, other record lot size in square feet = 204304.
The monthly HOA fee of $485 is relatively high, which may impact the overall monthly affordability and the buyer's debt-to-income ratio.
Built in 1972, the complex may require more maintenance than newer developments, and the unit lacks a scenic view, which could affect long-term appreciation compared to units with vistas.
Beautifully updated 2-bedroom, 2-bath lower-level condo offering a fresh, move-in-ready interior. The home features updated flooring, recessed lighting, a bright and open living and dining area, and a cozy fireplace. The remodeled kitchen showcases updated cabinetry, countertops, stainless-steel appliances, and modern finishes. Both bathrooms have been tastefully refreshed, including an updated tiled shower. A private patio provides additional outdoor space to enjoy. The community also features landscaped common areas and a pool. Conveniently located near shopping, dining, parks, and major commuter routes. A wonderful opportunity to own an updated home in the heart of Santa Ana!
No exterior & parking available.
Grades PK-5 • 1.9 mi
Grades 6-8 • 1.3 mi
Grades K-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.9 |
| Square foot | 1,007 | 920.18 |
| Lot Size | 123,705 | 232,361.303 |
| Price | $515.0K | $447.6K |
| Price per sq ft | $511 | $539 |
| Built year | 1972 | 1973 |
| HOA | $485.0 | $472 |
| Days on market | 45 | 66 |
Oct 5, 2026
$515,000
$525,000
-2% Price Drop
Initial Listing
Sep 10, 2026
$525,000
Initial Listing
Oct 15, 2009
$153,000
Public Record