450 E 4th Street 207, Santa Ana, California 92701, Santa Ana, 92701 - 2 bed, 2 bath
450 E 4th Street 207
Santa Ana, California 92701
Property Price
SUMMARY
Analysis of 450 E 4th Street 207, Santa Ana, California 92701 is currently available with a list price of $415,000. 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 condo is clean and move-in ready, but its overall aesthetic and many components are dated. The kitchen features original-style cabinets, countertops, and backsplash, though appliances appear newer. One bathroom shows some updates with a newer vanity and mirror, while the other retains an older vanity and shower surround. The tile flooring throughout is functional but not modern. The property has been maintained with occasional updates rather than a comprehensive renovation, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Location & Accessibility
Centrally located near Downtown Santa Ana's vibrant shops, eateries, and entertainment, with excellent access to major freeways (5, 55) and the Santa Ana Regional Transportation Center, making it highly convenient for commuters and urban living.
- Valuable Community Amenities
The gated complex offers enhanced security, while the community pool provides desirable recreational opportunities for residents.
- Inclusive HOA Dues
HOA fees cover water, trash, and exterior maintenance, simplifying budgeting and reducing unexpected costs for homeowners.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 829 sqft, the unit offers relatively compact living quarters for a 2-bedroom, 2-bathroom layout, which may limit appeal for buyers seeking more expansive space.
- Community Laundry Facility
The absence of in-unit laundry, relying instead on a shared community facility, might be a less desirable feature for some potential buyers.
- Building Age
Constructed in 1989, the building is over 30 years old, which could imply older infrastructure or potential for future maintenance needs not covered by HOA, despite unit updates.
About 450 E 4th Street 207
Centrally located near Downtown Santa Ana, it’s just minutes from shops, eateries, and entertainment options. It has an open floor plan with the living room, dining, and kitchen area with tile flooring, enhancing the open feel of the space. Step out onto your private balcony to enjoy a playground view. This condo unit features the convenience of 2 bedrooms and 2 bathrooms. The generously sized principal bedroom comes with an upgraded ensuite full bathroom and a spacious walk-in closet. The second bedroom features easy access to its own updated full bathroom, providing added comfort and convenience. The complex is gated and has a community pool and laundry facility. The unit comes with two assigned parking spaces in the garage structure. Water, trash, and exterior maintenance are included in the HOA dues. Commuting is made simple with easy access to the 55 freeway, 5 freeway, and the Santa Ana Regional Transportation Center. Perfect for first-time buyers, downsizers, or investors.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 122,149 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $456.02 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 829 | 829 | 50% |
| Lot Size | 122,149 | 122,149 | 50% |
| Price | $415.0K | $417.5K | 50% |
| Price per sq ft | $501 | $498 | 53% |
| Built year | 1989 | 1978 | 66% |
| HOA | $456.02 | $438 | 75% |
| Days on market | 281 | 214 | 94% |
Pricing History
Listed for Sale
Aug 27, 2025
$415,000
Initial Listing
Price Change
May 30, 2025
$450,000
Initial Listing