600 W 3rd A105, Santa Ana, California 92701, Santa Ana, 92701 - 1 bed, 1 bath
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Santa Ana, California 92701
This High-Potential Investment Opportunity is listed at $225,000—positioned well below the $258,033 Fair Market Value by 12%. This valuation gap offers $33,033 in Instant Equity for the buyer. Featuring a Condition Rating of 3 with a modern, updated kitchen, the unit provides immediate move-in readiness. Located in a gated community with two pools and tennis courts, it offers a prime urban lifestyle near the Santa Ana Arts District. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 600 W 3rd A105 Subject | $225,000* List Price | 1 | 1 | 754 | $342 | - |
A 600 W 3rd St B116 Sold | $238,000 | 1 | 1 | 754 | $316 | 0.0 mi |
B 600 W Third St B211 Sold | $280,000 | 2 | 1 | 864 | $324 | 0.0 mi |
C 700 W 3rd B107 Sold | $284,000 | 2 | 2 | 864 | $329 | 0.1 mi |
D 600 W 3rd B205 Active | $280,000 List Price | 1 | 1 | 754 | $371 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the building was constructed in 1980, the unit features a significantly updated kitchen with modern stainless steel appliances, stone countertops, and contemporary two-tone cabinetry. The interior appears well-maintained, and while the seller is offering a $5,000 flooring credit for minor cosmetic personalization, the major high-cost areas (kitchen/appliances) are move-in ready.
As the lowest-priced condo in the area without a land lease, this property represents a rare and highly accessible entry point into homeownership in Downtown Santa Ana, further incentivized by a $5,000 flooring credit.
The property boasts a high walkability factor, situated just steps from the Santa Ana Arts District, Historic Downtown, and the Civic Center, offering immediate access to local dining and culture.
Located within a gated community, residents benefit from 24-hour security, two swimming pools, tennis courts, and secure underground parking, providing significant lifestyle value.
The monthly HOA fee of $694 is notably high relative to the listing price, which may impact a buyer's monthly debt-to-income ratio and overall carrying costs.
The assigned public schools for this address currently hold low ratings (ranging from 2 to 3), which could be a drawback for families or affect long-term resale appeal.
The lowest-priced condo available in the area with no land lease — this is your most affordable entry into Downtown Santa Ana homeownership. Seller is offering a $5,000 flooring credit at close so you can move in and make it your own from day one. Ground-floor living with a private balcony, open layout, and one assigned underground parking space. Located in the gated Town Square community featuring two pools, tennis courts, elevator access, 24-hour security, and on-site laundry. Steps from the Santa Ana Arts District, Historic Downtown, the Civic Center, local restaurants, cafes, and shops. All this at a price point that simply doesn't come around often.
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades 5-8 • 0.7 mi
Grades 9-12 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 44% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 754 | 864 | 36% |
| Lot Size | 223,963 | 100,000 | 80% |
| Price | $225.0K | $402.5K | 4% |
| Price per sq ft | $298 | $463 | 4% |
| Built year | 1980 | 1974 | 52% |
| HOA | $694.0 | $450 | 80% |
| Days on market | 7 | 186 | 4% |
May 30, 2026
$225,000
Initial Listing
Feb 27, 2024
$325,000
Public Record
Jan 20, 2022
$250,000
Public Record
Jan 20, 2017
$173,000
Public Record
Jan 12, 2010
$60,000
Public Record
May 27, 2004
$155,000
Public Record