418 W Carol, Santa Ana, California 92707, Santa Ana, 92707 - 3 bed, 2 bath
ACTIVE$875,000
418 W Carol, Santa Ana, California 92707
3Beds
2Baths
1,447Sqft
6,464Lot
Price Vs. Estimate
The estimated value ($827,907.665) is $47,092.335 (5%) lower than the list price ($875,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location & Accessibility: Located on a quiet cul-de-sac, within walking distance to parks and schools, minutes from South Coast Plaza's dining and shopping, and offers easy freeway access (405 & 55) to Irvine and Costa Mesa.
Top Cons:
Cash Offers Only: The requirement for 'CASH OFFERS ONLY' significantly limits the potential buyer pool, potentially affecting market time and final sale price.
Compared to the nearby listings
Price:$875.0K vs avg $871.5K (+$3,500)51%
Size:1,447 sqft vs avg 1,400 sqft57%
Price/sqft:$605 vs avg $65931%
More Insights
Built in 1971 (54 years old).
Condition: Built in 1971, this property is explicitly marketed as a 'cosmetic fixer' requiring 'substantial immediate investment for repairs, upgrades, and modernization,' and is limited to 'CASH OFFERS ONLY.' The kitchen is severely outdated with old appliances, cabinets, and countertops. Main living areas have stripped flooring, exposing the subfloor. While one bathroom shows signs of recent updates, the overall condition indicates a property that requires significant rehabilitation to be fully functional and meet current living standards, aligning with the 'poor' condition criteria.
Year Built
1971
Close
-
List price
$875K
Original List price
$849K
Price/Sqft
$605
HOA
-
Days on market
-
Sold On
-
MLS number
MB25272623
Home ConditionPoor
Features
View-
About this home
Cosmetic fixer featuring 3 bedrooms and 2 baths. The open floor plan offers excellent potential for customization, making this property ideal for investors or a handyman seeking a project. CASH OFFERS ONLY. The home is located on a quiet cul de sac within walking distance to parks and schools and minutes from South Coast Plaza’s dining and shopping. You are also close to Irvine and Costa Mesa with easy access to the 405 and 55 freeways. A great opportunity in a highly desirable area.
Nearby schools
2/10
Taft Elementary School
Public,•K-6•0.5mi
4/10
Monroe Elementary School
Public,•K-5•0.9mi
3/10
Mcfadden Intermediate School
Public,•6-8•1.5mi
6/10
Saddleback High School
Public,•7-12•0.4mi
Condition Rating
Poor
Built in 1971, this property is explicitly marketed as a 'cosmetic fixer' requiring 'substantial immediate investment for repairs, upgrades, and modernization,' and is limited to 'CASH OFFERS ONLY.' The kitchen is severely outdated with old appliances, cabinets, and countertops. Main living areas have stripped flooring, exposing the subfloor. While one bathroom shows signs of recent updates, the overall condition indicates a property that requires significant rehabilitation to be fully functional and meet current living standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Prime Location & Accessibility: Located on a quiet cul-de-sac, within walking distance to parks and schools, minutes from South Coast Plaza's dining and shopping, and offers easy freeway access (405 & 55) to Irvine and Costa Mesa.
Investment & Customization Potential: Described as a 'cosmetic fixer' with an 'open floor plan' offering 'excellent potential for customization,' making it ideal for investors or handymen seeking a project.
Desirable Area: The property is situated in a 'highly desirable area,' suggesting strong market demand and potential for appreciation.
Functional Layout: Features a practical 3-bedroom, 2-bath configuration and an open floor plan, which is a sought-after design for modern living.
Generous Lot Size: A 6,464 sqft lot provides ample outdoor space for potential landscaping, expansion, or recreational use.
Cons
Cash Offers Only: The requirement for 'CASH OFFERS ONLY' significantly limits the potential buyer pool, potentially affecting market time and final sale price.
Extensive Renovation Required: As a 'cosmetic fixer,' the property will require substantial immediate investment for repairs, upgrades, and modernization beyond the purchase price.
Low-Rated Nearby Schools: Several public schools in the immediate vicinity, such as Taft Elementary (rating 2) and McFadden Intermediate (rating 3), have low performance ratings, which may deter families.