
Santa Ana, California 92704
This studio condo represents a High-Potential Investment Opportunity, listed at a List Price of $307,000—positioned slightly above the $301,567 Fair Market Value. While the property requires cosmetic modernization given its Fair Condition Rating, the end-unit privacy and in-unit laundry provide significant functional appeal. Located near South Coast Plaza, this asset offers strong rental demand for Buy-and-Hold Investors or first-time buyers seeking an entry-level foothold in the Orange County market. Its proximity to major employment hubs ensures long-term stability for this compact, low-maintenance residence.
Property is moderate renovation needed.
Built in 1982 (42 years old), the property is dated and retains many original features. The kitchen shows older wood cabinetry and tile countertops, and the unit relies on a dated wall-unit HVAC system rather than central air. While functional and move-in ready, the interior requires cosmetic updates and modernization to meet current market standards.
Situated as a lower-level corner end-unit, this property offers enhanced privacy and quieter living compared to standard interior units within the complex.
The inclusion of an in-unit stackable washer and dryer, along with assigned covered parking, provides a high level of convenience rarely found in studio-sized condominiums.
Located minutes from South Coast Plaza and major freeways, the property offers exceptional accessibility to Orange County’s premier shopping, dining, and employment hubs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =60975, other record lot size in square feet = 65650.
At just 424 square feet, the studio layout offers very restricted living and storage space, which may limit its appeal to a specific niche of buyers or investors.
The interior is in a condition that requires personal styling and potential modernization, necessitating an additional budget for renovations to reach its full market potential.
Welcome to Santiago Springs! This charming 424 sq. ft. studio condo is a great opportunity to own in Orange County while enjoying the convenience of low-maintenance living in a gated community. Ideally situated in a desirable lower-level corner location, this end unit offers added privacy and is just a short stroll from the community pool and spa. The thoughtfully designed studio floor plan makes efficient use of the space and features an in-unit stackable washer and dryer, wall-unit heating and air conditioning, additional interior storage, and a private balcony, perfect for enjoying Southern California’s year-round weather. One assigned covered carport is included, with additional parking available throughout the community. The interior is ready for its new owner to bring their personal style and make the space their own. Santiago Springs is known for its lush, beautifully maintained grounds, peaceful atmosphere, and picturesque water features throughout the community. Shopping, dining, recreation, and everyday conveniences are all close by, with South Coast Plaza and the South Coast Metro area just minutes away. Centennial Park and Mile Square Regional Park provide plenty of options for outdoor recreation, while John Wayne Airport and the 405 and 55 freeways are also conveniently accessible. Whether you’re a first-time buyer, looking to simplify your lifestyle, or considering an investment opportunity, this well-located studio offers an appealing combination of privacy, convenience, community amenities, and an opportunity to make homeownership in Orange County a reality.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 1.9 |
| Square foot | 424 | 920.18 |
| Lot Size | 60,975 | 232,361.303 |
| Price | $295.0K | $447.6K |
| Price per sq ft | $696 | $539 |
| Built year | 1982 | 1973 |
| HOA | $330.0 | $472 |
| Days on market | 31 | 66 |
Oct 22, 2026
$295,000
$307,000
-4% Price Drop
Initial Listing
Sep 24, 2026
$307,000
Initial Listing
Oct 18, 2013
$132,000
Public Record
Oct 21, 2003
$100,000
Public Record
Jan 5, 2000
$45,500
Public Record