4018 W 5th K, Santa Ana, California 92703, Santa Ana, 92703 - 3 bed, 3 bath
4018 W 5th K
Santa Ana, California 92703
Property Price
SUMMARY
Analysis of 4018 W 5th K, Santa Ana, California 92703 is currently available with a list price of $749,900. 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.
Built in 1989, this 35-year-old townhouse is explicitly marketed as an opportunity 'to transform this beautiful unit to your own taste,' indicating a need for modernization and updates. The exterior shows signs of age and some minor deferred maintenance, consistent with a property of this vintage that hasn't undergone recent major renovations. While functional, it requires cosmetic updates and potentially system upgrades to meet current standards, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Gated Community & Low Density
The property is located within a quiet, gated community consisting of only 14 units, offering enhanced security, privacy, and a less crowded living environment.
- Attached 2-Car Garage
Features a convenient 2-car attached garage with direct access into the home, plus additional parking next to the unit, providing excellent utility and security.
- Versatile Buyer Appeal
Positioned as a great opportunity for both first-time buyers and investors, indicating broad market interest and potential for appreciation or rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1095.
- Needs Modernization/Updates
The description 'to transform this beautiful unit to your own taste' and the 1989 build year suggest the property likely requires significant updates to finishes and potentially systems, incurring additional costs for the buyer.
- No Desirable View
The property explicitly states 'view: None,' indicating a lack of scenic or appealing external views, which can be a drawback for some buyers.
About 4018 W 5th K
Quiet gated community with only 14 units. 3 beds - 2 1/2 baths - 2 Story - 2 car attached garage with direct access in to the home with additional parking right next to the unit. Great for 1st time buyer or investor and to transform this beautiful unit to your own taste. Close to shopping center and freeways access.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1989
- Lot Size
- 42,119 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300.0 / Month
Neighborhood Insights
Santa Ana Unified Schools
R. F. Hazard Elementary School
Grades K-6 • 0.3 mi
Rosita Elementary School
Grades K-6 • 0.6 mi
Heritage Elementary School
Grades PK-6 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,300 | 1,300 | 50% |
| Lot Size | 42,119 | 87,227 | 44% |
| Price | $749.9K | $725.0K | 67% |
| Price per sq ft | $577 | $548 | 78% |
| Built year | 1989 | 1981 | 67% |
| HOA | $300.0 | $303 | 44% |
| Days on market | 31 | 156 | 11% |
Pricing History
Listed for Sale
Feb 4, 2026
$749,900
Initial Listing
Sold
Feb 13, 2015
$310,000
Public Record
Sold
Jul 24, 2007
$392,000
Public Record
Sold
Jul 7, 2000
$150,000
Public Record