
Santa Ana, California 92704
This Turnkey Penthouse is a Strong Value Opportunity, listed at $599,000—positioned well below the $635,260 Fair Market Value by 5%. This valuation gap offers $36,260 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a fully remodeled kitchen, luxury vinyl flooring, and scenic lake views. With FHA/Conventional financing eligibility, this residence is an ideal choice for first-time buyers or owner-occupants seeking a modern, low-maintenance lifestyle in the vibrant South Coast Metro area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3661 S Bear G Subject | $599,000* List Price | 2 | 2 | 1,144 | $555 | - |
A 2542 W Macarthur Boulevard Sold | $649,900 | 2 | 2 | 1,177 | $552 | 0.7 mi |
B 2514 W Macarthur Sold | $670,000 | 2 | 2 | 1,177 | $569 | 0.7 mi |
C 2522 W Macarthur A Sold | $625,000 | 2 | 2 | 1,177 | $531 | 0.7 mi |
D 2542 W Macarthur Boulevard 143 Sold | $650,000 | 2 | 2 | 1,177 | $552 | 0.7 mi |
E 3645 S Bear St #f Sold | $600,000 | 2 | 2 | 1,170 | $513 | - |
F 3665 S Bear Street J Sold | $520,000 | 1 | 1 | 867 | $600 | 0.0 mi |
G 3500 S Greenville C12 Sold | $585,000 | 2 | 2 | 907 | $645 | 0.8 mi |
H 3675 S Bear Street H Active | $564,900 List Price | 2 | 2 | 1,144 | $494 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a brand-new kitchen with quartz countertops and stainless steel appliances, updated bathrooms, new luxury vinyl plank flooring, and smooth ceilings with recessed lighting. Despite the 1981 build date, the interior is in mint, turnkey condition with updated central HVAC.
This penthouse features a comprehensive remodel including luxury vinyl plank flooring, a new quartz kitchen with stainless appliances, and updated bathrooms, offering a move-in-ready experience.
Situated in a vibrant neighborhood, the property provides immediate access to world-class shopping at South Coast Plaza and premier cultural venues like the Segerstrom Center for the Arts.
Because the HOA owns the land, this property qualifies for FHA and conventional financing, a significant advantage over other area condos that may have complex land-lease hurdles.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =123150, other record lot size in square feet = 139327.
The monthly HOA fee of approximately $660 is relatively high, which may impact the overall monthly affordability and debt-to-income ratios for prospective buyers.
While the high school is rated moderately, the assigned middle school has a lower rating of 3, which could be a drawback for families prioritizing high-performing school districts.
Welcome to effortless living in this spacious, turnkey 2-bedroom, 2-bath end-unit penthouse that blends modern upgrades with everyday comfort. Designed with an open, light-filled floorplan, the home features luxury vinyl plank flooring throughout, smooth ceilings, recessed lighting, and central heating and air conditioning for year-round ease. The remodeled kitchen shines with new kitchen cabinets, new quartz countertops and a full suite of new stainless steel appliances, including a gas range, dishwasher, and microwave hood—perfect for both casual meals and entertaining. The inviting living room is anchored by a cozy fireplace and opens directly to a balcony, extending your living space outdoors. Both bathrooms have been tastefully updated, and the generously sized bedrooms offer comfort and privacy. The primary bedroom suite offers generous space and views of the lake. Added conveniences include indoor washer/dryer hookups. Move-in ready, stylishly upgraded-this is condo living at its best. Located in the heart of South Coast Metro, one of Orange County’s most vibrant neighborhoods, this penthouse condo places you at the epicenter of premier shopping, dining, and entertainment. Indulge in world-class experiences at nearby South Coast Plaza, catch captivating performances at the Segerstrom Center for the Arts, and immerse yourself in the culture at the Tony Award-winning South Coast Repertory. With convenient access to major freeways, including the 405, 55, 73, and 5, the best of Orange County is at your fingertips—from the magic of Disneyland to the sun-kissed shores of its iconic beaches. This condo is not just a home, it’s a gateway to the Southern California lifestyle. Don’t miss your chance to own this exceptional residence and experience the perfect blend of luxury, convenience, and entertainment. The St. Albans HOA purchased the land in 1999 and the condo owners only pay $1 per year to the HOA, which means qualified buyers can get conventional and FHA financing.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,144 | 936.958 |
| Lot Size | 123,150 | 210,479.972 |
| Price | $599.0K | $452.9K |
| Price per sq ft | $524 | $547 |
| Built year | 1981 | 1973 |
| HOA | $659.83 | $478 |
| Days on market | 14 | 65 |
Aug 26, 2026
$599,000
Initial Listing