1107 W Memory Lane 13c, Santa Ana, California 92706, Santa Ana, 92706 - 2 bed, 2 bath
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1107 W Memory Lane 13c
Santa Ana, California 92706
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,102Sq Ft
148,023Lot Size
Property Price
LIST PRICE$539,000
EST. MARKET VALUE
$596,585
9% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $539,000—positioned well below the $596,585 Fair Market Value by 9%. This valuation gap offers $57,585 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with premium LVP flooring, renovated bathrooms, and a reimagined kitchen, this home offers a move-in-ready lifestyle. Residents enjoy resort-style amenities, including a pool and private patio access to the greenbelt. This is an ideal acquisition for first-time buyers or owner-occupants seeking a polished, low-maintenance residence in the sought-after Morrison Park neighborhood.
Estimated Market Value
$596,585+$57,585 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Ana.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1107 W Memory Lane 13c Subject 2 bd · 2 ba · 1,102 sqft · $541 | $539,000* List Price | 2 | 2 | 1,102 | $541 | - |
A 1107 West Memory Lane 8c Sold 2 bd · 2 ba · 1,049 sqft · $524 · 0.0 mi | $550,000 | 2 | 2 | 1,049 | $524 | 0.0 mi |
B 2206 A N Broadway 27 Sold 2 bd · 3 ba · 1,041 sqft · $610 · 0.8 mi | $635,000 | 2 | 3 | 1,041 | $610 | 0.8 mi |
C 2229 N Broadway J Sold 2 bd · 2 ba · 870 sqft · $615 · 0.9 mi | $535,000 | 2 | 2 | 870 | $615 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite being built in 1962, the property has undergone a comprehensive recent renovation (likely <5 years) including fully remodeled bathrooms, a reimagined kitchen with newer appliances and stylish backsplash, premium LVP flooring, smooth ceilings, and dual-pane windows. It is in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The property features extensive recent renovations including premium LVP flooring, dual-pane windows, and fully remodeled bathrooms, offering a turnkey, move-in-ready experience.
- Prime Gated Location
Situated in the sought-after Morrison Park neighborhood, this secure gated community provides resort-style amenities and rare direct access to lush greenbelts from a private patio.
- Spacious Primary Suite
The primary bedroom is exceptionally large for a condominium, easily accommodating a king-size bed with additional space, complemented by a large closet and renovated ensuite bath.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =148023, other record lot size in square feet = 195033.
- Shared Laundry Facilities
The lack of in-unit laundry hookups requires residents to use communal laundry rooms, which may be a significant inconvenience for modern buyers.
- High Monthly HOA Fees
At $482.95 per month, the association fee is relatively high, which could impact buyer affordability and overall monthly carrying costs.
About 1107 W Memory Lane 13c
Welcome to one of North Santa Ana's best kept secrets - The quiet gated community of Westwood Condominiums. Located in the sought-after Morrison Park neighborhood, this upgraded townhome is ready to move right in and enjoy! Recent upgrades include premium LVP flooring throughout, smooth ceilings, dual-pane windows, recessed lighting and custom baseboards. Both bathrooms have been fully renovated and upgraded. A brick fireplace serves as the focal point for the spacious Living Room, which flows into the Dining Room. The kitchen has reimagined cabinetry, recessed lighting, newer stove and stylish tile backsplash. Upstairs are the very roomy Primary Suite (easily accommodates a king-size bed with plenty of room to spare!) w/ large closet, and secondary bedroom along with the fully remodeled bath. The enclosed patio is a great feature and includes a private gate to the nearby greenbelt. Westwood amenities include a resort-style pool and lanai space, 3 convenient laundry rooms, and lush well-maintained landscaping, all in a secure gated environment. Prime location central to the best of Santa Ana and greater OC, plus Morrison Park is just steps away! Homes in this complex (which is FHA and VA approved) rarely become available - don't miss your chance to make this your new home!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1962
- Lot Size
- 148,023 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $482.95 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.9 |
| Square foot | 1,102 | 920.18 |
| Lot Size | 148,023 | 232,361.303 |
| Price | $539.0K | $447.6K |
| Price per sq ft | $489 | $539 |
| Built year | 1962 | 1973 |
| HOA | $482.95 | $472 |
| Days on market | 10 | 66 |
Pricing History
Listed for Sale
Oct 15, 2026
$539,000
Initial Listing
Sold
Aug 24, 2021
$425,000
Public Record