450 E 4th Street 240, Santa Ana, California 92701, Santa Ana, 92701 - 3 bed, 2 bath

ACTIVE$479,000
450 E 4th Street 240, Santa Ana, California 92701
3Beds
2Baths
1,014Sqft
122,149Lot
Year Built
1989
Close
-
List price
$479K
Original List price
$479K
Price/Sqft
$472
HOA
$492.91
Days on market
-
Sold On
-
MLS number
PW25262451
Home ConditionGood
Features
Good View: Courtyard, Pool
Deck
Pool
ViewCourtyard, Pool
About this home
We found 3 Cons,5 Pros. Rank: price - $479.0K(75th), sqft - 1014(79th), beds - 3(92th), baths - 2(52th).
This unit consist of 3 beds 2 baths condominium on the 2nd floor of the Spectrum Condominium overlooking the community's pool. Conveniently located walking distance to Santa Ana's downtown with all the restaurants, shops, and entertainment to enjoy. Great commute access to the 5 and 55 freeways.
Price History
Date
Event
Price
11/18/25
Listing
$479,000
11/30/11
Sold
$137,000
02/23/00
Sold
$75,000
04/10/97
Sold
$61,000
Condition Rating
Good
While the property was built in 1989, the interior images reveal significant and tasteful renovations, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, dark countertops, subway tile backsplash, and stainless steel appliances. The bathroom boasts a contemporary vanity, tiled shower, and updated fixtures. The living areas have updated flooring and recessed lighting. These updates make the unit move-in ready with no immediate renovations required, aligning with a property extensively renovated within the last 5-15 years, despite the building's age.
Pros & Cons
Pros
Exceptional Walkability: Conveniently located within walking distance to Santa Ana's vibrant downtown, providing immediate access to a variety of restaurants, shops, and entertainment options.
Superior Commuter Access: Offers excellent and direct access to major freeways (I-5 and CA-55), making it highly desirable for commuters.
Spacious Layout: Features a desirable 3-bedroom, 2-bathroom configuration across 1014 sqft, providing ample living space for various household needs.
Attractive Community Views: The unit overlooks the community's pool and courtyard, enhancing the living environment with pleasant views.
Strong Historical Appreciation: Analysis of past sales history indicates significant value appreciation over time, suggesting solid long-term investment potential.
Cons
Substantial Monthly HOA Dues: The monthly association fee of $492.91 is relatively high, adding a considerable recurring cost to homeownership.
Building Age: Constructed in 1989, the property is 35 years old, which may imply original systems or components that could require future maintenance or updates.
Condominium Lifestyle Limitations: As a condominium, it inherently involves shared walls, potential noise transfer, and adherence to HOA regulations, which may not suit all buyers seeking maximum privacy or autonomy.



