5300 W 1st, Santa Ana, California 92703, Santa Ana, 92703 - 2 bed, 1 bath
Loading property details...
Santa Ana, California 92703
This Condominium Asset is a High-Potential Investment Opportunity, listed at $570,000—positioned above the $515,981 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, it offers significant long-term value through its location in the Garden Grove Unified School District and proximity to Little Saigon. The HOA-maintained exterior and private patio provide a low-maintenance lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity in a high-demand, culturally vibrant neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5300 W 1st Subject | $570,000* List Price | 2 | 1 | 857 | $602 | - |
A 4109 W 5th A1 Active | $429,800 List Price | 2 | 2 | 921 | $467 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 51 years old (built 1973) with no mention of recent renovations in the listing description. The exterior image shows dated aluminum window frames and weathered stucco, suggesting the interior and systems are likely original or dated and in need of modernization.
The property is situated within the highly-regarded Garden Grove Unified School District, providing access to top-tier schools like La Quinta High, which is a significant driver for long-term property value.
Located just five minutes from the heart of Little Saigon and Mile Square Park, the unit offers exceptional proximity to premier dining, shopping, and cultural landmarks.
The monthly association fee covers essential maintenance including roofing, exterior painting, water, and trash, offering a low-maintenance lifestyle and predictable monthly costs.
At only 857 square feet for a two-bedroom unit, the living space and single-bathroom configuration may feel restrictive for families or those seeking a more spacious layout.
Built in 1973, the property may require interior modernization or system upgrades to meet the energy efficiency and aesthetic standards of contemporary buyers.
Nice One Story Unit condo located around 5 Mins from the Heart of Little Saigon and Mile Square Park. Featured with two Large Bedrooms and 1 Bath. spacious Kitchen, Formal Dining Room, Big Living Room, two-car garage detached. Great Back Patio. Great Community that offers Association with Pool & Spa, and HOA includes water, trash, roofing, outside painting. It is conveniently close to all freeways, great shopping, supermarkets, offices, dining, temples, entertainment places and located in the Best Schools Rating area in Garden Grove (Susan B. Anthony Elementary School: 8| Sarah McGarvin Intermediate School: 9| La Quinta High School: Nice two car garage in back of unit. There is a nice backyard between the garage and the condo. Pool with bathrooms and shower area. Reasonable Association fees. Very seldom on the market. Very Little Saigon friendly area for shopping, restaurants, etc.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 857 | 936.5 |
| Lot Size | 309,129 | 256,727 |
| Price | $570.0K | $452.8K |
| Price per sq ft | $665 | $541 |
| Built year | 1973 | 1970 |
| HOA | $378.0 | $492 |
| Days on market | 12 | 73 |
Jul 11, 2026
$570,000
Initial Listing
Jul 10, 2026
$470,000
Initial Listing
Mar 31, 2003
$160,000
Public Record
Nov 8, 2000
$152,000
Public Record