601 S Newhope Street 5, Santa Ana, California 92704, Santa Ana, 92704 - 2 bed, 2 bath
ACTIVE$475,000
601 S Newhope Street 5, Santa Ana, California 92704
2Beds
2Baths
850Sqft
950Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Gated Community: The property is located within the Newhope Gardens gated community, offering enhanced security and a sense of exclusivity.
Top Cons:
Property Age: Built in 1983, the property is over 40 years old, which may suggest dated systems or finishes that could require future updates or maintenance.
Compared to the nearby listings
Price:$475.0K vs avg $475.0K (+$0)50%
Size:850 sqft vs avg 878 sqft44%
Price/sqft:$559 vs avg $56944%
More Insights
Built in 1983 (42 years old).
Condition: Built in 1983, this property is over 40 years old and shows its age. The kitchen features a very dated mosaic tile backsplash and countertops, older appliances (except for a newer refrigerator), and basic cabinets, indicating it has not been extensively renovated recently. The bathrooms are also basic and dated with older vanities and fixtures. Flooring consists of older tile and worn carpet. The presence of a window/portable AC unit suggests a lack of central air conditioning. While the property appears functional and maintained, it requires significant cosmetic updates and potential system upgrades to meet current quality standards and buyer expectations.
Year Built
1983
Close
-
List price
$475K
Original List price
$475K
Price/Sqft
$559
HOA
$420
Days on market
-
Sold On
-
MLS number
DW25087719
Home ConditionFair
Features
Patio
View-
About this home
BACK ON THE MARKET. Welcome to affortable Newhope Gardens gated community 601 S. Newhope Street, Unit#5 in the city of Santa Ana, 2 story Condominium with 2 bedrooms, master bedroom has a private balcony, 1 1/2 bathrooms, living space 850 sq ft. , a 1 car garage with laundry hook ups inside of garage. End unit with a private gated patio area . Close to shopping, dining, Little Saigon community and easy access to freeways. A must see!
Condition Rating
Fair
Built in 1983, this property is over 40 years old and shows its age. The kitchen features a very dated mosaic tile backsplash and countertops, older appliances (except for a newer refrigerator), and basic cabinets, indicating it has not been extensively renovated recently. The bathrooms are also basic and dated with older vanities and fixtures. Flooring consists of older tile and worn carpet. The presence of a window/portable AC unit suggests a lack of central air conditioning. While the property appears functional and maintained, it requires significant cosmetic updates and potential system upgrades to meet current quality standards and buyer expectations.
Pros & Cons
Pros
Gated Community: The property is located within the Newhope Gardens gated community, offering enhanced security and a sense of exclusivity.
End Unit with Private Patio: As an end unit, it provides additional privacy and features a private gated patio area, offering valuable outdoor living space.
Convenient Location: The property boasts a prime location close to shopping, dining, the vibrant Little Saigon community, and easy access to major freeways.
Master Bedroom Balcony: The master bedroom includes a private balcony, providing a desirable personal outdoor retreat.
Private Garage with Laundry: A dedicated 1-car garage with laundry hookups offers convenient private parking and in-unit laundry facilities.
Cons
Property Age: Built in 1983, the property is over 40 years old, which may suggest dated systems or finishes that could require future updates or maintenance.
High Association Fee: A monthly association fee of $420 is substantial for an 850 sq ft condominium, impacting overall affordability and monthly expenses.
Limited Bathroom Count: With 1.5 bathrooms for a 2-bedroom unit, it may not meet the needs of all buyers, particularly those seeking more convenience or accommodating multiple occupants.