4018 W 5th K, Santa Ana, California 92703, Santa Ana, 92703 - 3 bed, 3 bath
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Santa Ana, California 92703
This Value-Add Townhouse offers a stable entry into a Quiet Gated Community consisting of only 14 units. Listed at $749,900, the property is positioned near its $694,989 Fair Market Value, with the pricing reflecting a Condition Rating of 4 and the immediate need for interior modernization. The 1,300 sqft floor plan features a 2-car attached garage and is situated near top-rated institutions like Bolsa Grande High School. This property serves as a blank canvas for those looking to customize finishes. It is an ideal match for first-time buyers or Owner-Occupants focused on long-term value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4018 W 5th K Subject | $749,900* List Price | 3 | 3 | 1,300 | $535 | - |
A 206 N Newhope Street 206a Sold | $680,000 | 3 | 3 | 1,290 | $527 | 0.4 mi |
B 5112 W 1st C Sold | $775,000 | 3 | 3 | 1,538 | $504 | 0.8 mi |
C 4816 Irongate Lane Sold | $725,000 | 3 | 3 | 1,451 | $500 | 1.0 mi |
D 5106 W 1st Active | $710,000 List Price | 3 | 3 | 1,318 | $539 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
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.
The property is located within a quiet, gated community consisting of only 14 units, offering enhanced security, privacy, and a less crowded living environment.
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.
Positioned as a great opportunity for both first-time buyers and investors, indicating broad market interest and potential for appreciation or rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1095.
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.
The property explicitly states 'view: None,' indicating a lack of scenic or appealing external views, which can be a drawback for some buyers.
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.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.6 mi
Grades PK-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,300 | 1,318 | 40% |
| Lot Size | 42,119 | 64,673 | 50% |
| Price | $749.9K | $729.5K | 60% |
| Price per sq ft | $577 | $537 | 80% |
| Built year | 1989 | 1983 | 60% |
| HOA | $300.0 | $334 | 40% |
| Days on market | 77 | 171 | 30% |
Feb 4, 2026
$749,900
Initial Listing
Feb 13, 2015
$310,000
Public Record
Jul 24, 2007
$392,000
Public Record
Jul 7, 2000
$150,000
Public Record