3680 S Bear Street 16 / J, Santa Ana, California 92704, Santa Ana, 92704 - 1 bed, 1 bath
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Santa Ana, California 92704
This Upper-Level Value-Add Condo is a strategic Asset listed at $350,000, representing a stable entry point relative to its $334,277 Fair Market Value. Restricted to CASH offers only due to land lease terms, the property provides a clear Value-Add path via the convertible attic space for increased square footage. Maintaining a Good Condition Rating, the unit features vaulted ceilings, a private garage, and a private deck. Located near South Coast Plaza within the Santa Ana Unified School District, the location ensures high rental demand. This acquisition is optimized for Cash Investors or Buy-and-Hold Investors seeking long-term ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3680 S Bear Street 16 / J Subject | $350,000* List Price | 1 | 1 | 821 | $407 | - |
A 3690 S Bear St. M-13 Sold | $440,000 | 2 | 2 | 1,093 | $403 | 0.0 mi |
B 3750 S Bear Street L183 Sold | $380,000 | 2 | 2 | 1,093 | $348 | 0.1 mi |
C 2521 W Sunflower H2 Sold | $450,000 | 2 | 2 | 878 | $513 | 0.6 mi |
D 3500 S Greenville A5 Sold | $400,000 | 1 | 1 | 729 | $549 | 0.7 mi |
E 3640 S Bear Active | $385,000 List Price | 2 | 2 | 1,093 | $352 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1984, this condo has been well-maintained and features several significant updates that make it move-in ready. The kitchen boasts white cabinets and fairly new stainless steel appliances, though the white tile countertops are a bit dated. The bathroom is clean and functional with a long vanity and updated lighting. Dark wood-look flooring throughout the main living areas and bedroom, along with modern light fixtures, contribute to a refreshed aesthetic. While not a full, recent high-end renovation, the property shows minimal wear and tear and no immediate renovation is required, aligning with a 'Good' condition score.
Situated just minutes, and a short walk, from South Coast Plaza, offering unparalleled access to world-class shopping, dining, entertainment, parks, and cafes.
Features significant attic space with clear potential for conversion into additional living area (loft or other functional use), offering future customization and increased property value.
As an upper-level unit with private entry stairs and a dedicated ground-floor garage, it offers superior privacy. The interior boasts vaulted ceilings, natural light, and a spacious open design.
The property is currently restricted to cash offers only due to existing land lease terms, significantly narrowing the potential buyer pool and excluding those reliant on traditional financing.
The presence of a land lease, which dictates the cash-only requirement, introduces a complex ownership structure that may deter some buyers and could impact long-term appreciation or resale value.
While the attic conversion offers potential, the buyer is solely responsible for verifying feasibility, obtaining permits, and securing HOA approval, adding uncertainty, time, and potential costs to the process.
This is the home you’ve been waiting for; an excellent opportunity as a starter home, a smart downsize, or a valuable addition to an investment portfolio. CASH offers only at this time due to current land lease terms. One-bedroom, one-bath condo featuring attic space with potential for conversion into additional living area (loft or other functional use), as demonstrated by similar units in the community with similar floor plans. Buyer to verify feasibility, permits, and HOA approval. Tucked inside a beautifully maintained community, this upper-level condo offers the perfect mix of privacy, style, and convenience just minutes from South Coast Plaza. Private stairs lead you to your own entry balcony, setting the stage for a home that feels both welcoming and set apart. From the moment you step inside, vaulted ceilings, natural light, and a spacious open design create a warm, inviting atmosphere. The first floor of the building is dedicated to your private garage, giving this 2nd-floor unit extra peace and privacy. The living room, anchored by a striking tiled fireplace, is the heart of the home, a space that feels grand yet comfortable. Just to the left, the dining area flows seamlessly for easy entertaining and everyday meals. A versatile den, currently set up as an office, gives you options to create the space you need, whether that’s a dedicated workspace, reading nook, or guest retreat. The bedroom is bright and comfortable, with blackout blinds and a full wall of mirrored closets for ample storage. The bathroom offers thoughtful functionality with a full bath and a separate sink/dressing area that provides added privacy. In-unit full-size washer and dryer add rare convenience and fairly new appliances. Step outside to your private balcony and enjoy fresh breezes, a morning coffee, or an evening glass of wine. Beyond your door, world-class shopping, dining, and entertainment at South Coast Plaza are just a short walk away, with parks, cafes, and conveniences all around. This isn’t just a condo, it’s a lifestyle. Modern, comfortable, and move-in ready, with every detail designed to make daily living effortless. Don’t miss your chance to own a home that truly stands out.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 27% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 821 | 878 | 32% |
| Lot Size | 79,481 | 79,481 | 50% |
| Price | $350.0K | $495.0K | 3% |
| Price per sq ft | $426 | $551 | 11% |
| Built year | 1984 | 1980 | 84% |
| HOA | $472.17 | $426 | 57% |
| Days on market | 96 | 168 | 19% |
Jan 16, 2026
$350,000
Initial Listing
Aug 4, 2016
$9,100,000
Public Record