1345 Cabrillo Park Drive R02, Santa Ana, California 92701, Santa Ana, 92701 - 2 bed, 2 bath
1345 Cabrillo Park Drive R02
Santa Ana, California 92701
Property Price
SUMMARY
Analysis of 1345 Cabrillo Park Drive R02, Santa Ana, California 92701 is currently available with a list price of $485,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property, built in 1974, is 50 years old. While it appears well-maintained and clean, the interior finishes, particularly in the kitchen and bathrooms, are dated. The kitchen features older light wood cabinets, granite countertops with a busy pattern, and a mix of stainless and black appliances that are functional but not modern. Bathrooms have similar dated wood vanities, granite countertops, and older light fixtures and shower stalls. The presence of wall-mounted heating/cooling units instead of central HVAC is a significant indicator of an older system. The carpet and tile flooring are clean but basic. Overall, the property is functional and livable but would require minor to moderate updates to meet current aesthetic and comfort standards, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Foothill High School (9/10).
- Resort-Style Community Amenities
The Monterey Villas community offers extensive amenities including swimming, tennis, and a spa, enhancing lifestyle and property value.
- Strategic Location
Positioned just a block from Tustin, providing excellent access to adjacent areas and local conveniences.
CONSRISKS & DEFICIENCIES
- Substantial Association Fees
The monthly association fee of $536.0 is relatively high, which could impact overall affordability and buyer interest.
- Property Age
Built in 1974, the unit is 50 years old, potentially indicating a need for future updates to systems or interior finishes to meet modern standards.
- Compact Living Space
With 984 square feet for a 2-bedroom, 2-bathroom layout, the unit offers a more compact living environment, which may not suit buyers desiring larger spaces.
About 1345 Cabrillo Park Drive R02
Come home to 1345 Cabrillo Park Drive Unit RO2 Santa Ana, California 92701 The resort style oasis in Monterey Villas of Santa Ana, just a block away from Tustin. Where activities such as Swimming, Tennis, Spa, and Leisure Walks will melt away the daily stresses of today's World. Private upper end unit near the tennis courts and the 2 secured parking spots. Walk into the living room with Spacious Cathedral Ceilings that features 2 bedrooms and 2 bath and an intimate formal dining room. Once in the unit relax in the cross breezes of the spacious balcony and breathe in the nearby lavender to soothe your mind. Hurry and make your appointment for your exclusive viewing and make 1345 Cabrillo Park Drive Unit RO2 Santa Ana, California 92701--- Your vacation spot to call Home! First time home buyer’s ask about the FHA financing …. Investor’s ask about Property Management.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 475,139 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $536.0 / Month
Neighborhood Insights
Santa Ana Unified Schools
Guin Foss Elementary School
Grades PK-5 • 1.8 mi
Columbus Tustin Middle School
Grades 6-8 • 1.2 mi
Tustin Connect Academy
Grades K-8 • 2.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 984 | 846.5 | 66% |
| Lot Size | 475,139 | 122,149 | 88% |
| Price | $485.0K | $422.5K | 63% |
| Price per sq ft | $493 | $495 | 50% |
| Built year | 1974 | 1976 | 44% |
| HOA | $536.0 | $438 | 84% |
| Days on market | 182 | 204 | 38% |
Pricing History
Listed for Sale
Nov 8, 2025
$485,000
$488,000
-1% Price Drop
Initial Listing
Price Change
Sep 6, 2025
$488,000
Initial Listing