
Santa Ana, California 92706
This 1-bedroom Condominium represents a Strong Value Opportunity, listed at $460,000—positioned well above the $428,006 Fair Market Value by 7%. While currently priced above the estimated market value, the unit features a Condition Rating of 3, showcasing modern laminate flooring and recessed lighting. Located in the Regency Villas community, residents benefit from a sparkling swimming pool and gated security. This property is an ideal entry-level asset for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home in Santa Ana.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1602 N King A4 Subject 1 bd · 1 ba · 741 sqft · $578 | $460,000* List Price | 1 | 1 | 741 | $578 | - |
A 1602 N King Street E1 Sold 2 bd · 2 ba · 930 sqft · $516 · 0.0 mi | $480,000 | 2 | 2 | 930 | $516 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1965, the interior shows clear signs of a mid-term renovation (estimated 5-15 years) including modern laminate flooring, recessed lighting, and updated ceiling fans. The unit appears well-maintained, functional, and move-in ready, though the exterior siding shows some minor age-related wear.
Situated in the heart of Santa Ana, the property offers excellent proximity to major freeways, shopping centers, and local amenities, ensuring high convenience for commuters and residents.
The Regency Villas community provides desirable features including a gated entrance for enhanced security and a sparkling swimming pool, adding significant lifestyle value.
With a competitive price point and a relatively low HOA fee of $271, this unit serves as an ideal entry-level opportunity for first-time buyers or investors in the Orange County market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =323414, other record lot size in square feet = 502803.
Originally constructed in 1965, the building may lack modern energy-efficient features and could require more frequent maintenance or updates compared to newer developments.
The property listing indicates no specific view, which may be a drawback for buyers prioritizing aesthetic surroundings or natural light perspectives.
Welcome to Regency Villas! This charming 1-bedroom, 1-bathroom condominium offers a wonderful opportunity to own in the heart of Santa Ana. Featuring a comfortable and functional floor plan, this home is ideal for a first-time buyer, someone looking to downsize, or an investor seeking an excellent opportunity in Orange County. Enjoy the convenience of a community setting with amenities designed for comfortable living, including a sparkling swimming pool and gated surroundings. The property is conveniently located near shopping centers, restaurants, parks, schools, major freeways, and everyday conveniences, making commuting and enjoying all that Orange County has to offer easy. This is an excellent opportunity to own a well-located condo in a desirable Santa Ana community. Come see the possibilities and make Regency Villas your next home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 1.9 |
| Square foot | 741 | 920.18 |
| Lot Size | 323,414 | 232,361.303 |
| Price | $460.0K | $447.6K |
| Price per sq ft | $621 | $539 |
| Built year | 1965 | 1973 |
| HOA | $271.0 | $472 |
| Days on market | 43 | 66 |
Sep 12, 2026
$460,000
Initial Listing
Nov 20, 2009
$72,000
Public Record
Oct 18, 1994
$48,000
Public Record