700 W 3rd, Santa Ana, California 92701, Santa Ana, 92701 - 2 bed, 2 bath
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700 W 3rd
Santa Ana, California 92701
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
864Sq Ft
208,289Lot Size
Property Price
LIST PRICE$389,900
EST. MARKET VALUE
$403,310
3% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $389,900—positioned well below the $377,045 Fair Market Value by -3%. While the list price reflects a premium, the property boasts a Mint Condition Rating following a complete renovation, including a new kitchen and modern HVAC. Residents enjoy a lifestyle-focused community with a pool, spa, and private patio. Ideally located near downtown Santa Ana, this residence is a perfect fit for first-time buyers or owner-occupants seeking a stress-free, move-in ready home in a central urban location.
Estimated Market Value
$403,310+$13,410 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Ana.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 W 3rd Subject 2 bd · 2 ba · 864 sqft · $467 | $389,900* List Price | 2 | 2 | 864 | $467 | - |
A 600 W 3rd B205 Sold 1 bd · 1 ba · 754 sqft · $371 · 0.1 mi | $280,000 | 1 | 1 | 754 | $371 | 0.1 mi |
B 600 W Third St B211 Sold 2 bd · 1 ba · 864 sqft · $324 · 0.1 mi | $280,000 | 2 | 1 | 864 | $324 | 0.1 mi |
C 711 N Lacy Street D Sold 1 bd · 1 ba · 710 sqft · $445 · 0.9 mi | $316,000 | 1 | 1 | 710 | $445 | 0.9 mi |
D 450 E 4th Street 319 Sold 2 bd · 2 ba · 829 sqft · $446 · 0.7 mi | $370,000 | 2 | 2 | 829 | $446 | 0.7 mi |
E 450 E 4th Street 423 Sold 1 bd · 1 ba · 672 sqft · $491 · 0.7 mi | $329,900 | 1 | 1 | 672 | $491 | 0.7 mi |
F 600 W 3rd Street A115 Active 2 bd · 1 ba · 864 sqft · $405 · 0.1 mi | $350,000 List Price | 2 | 1 | 864 | $405 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has been completely renovated with a brand new kitchen, new appliances, new bathrooms, new flooring, and updated central HVAC, putting it in mint, move-in ready condition matching the <5 year renovation criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Remodeled Condition
The property is completely move-in ready, featuring a comprehensive renovation with a new kitchen, modern appliances, updated bathrooms, and new flooring throughout.
- Prime Urban Location
Ideally situated near downtown Santa Ana, the condo offers exceptional access to local dining, entertainment, and major freeways, providing high convenience for commuters and city dwellers.
- Ground Floor Accessibility
As a ground-level unit with a private patio, the property offers easy access and desirable outdoor space, which is a significant advantage for comfort and accessibility.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $695 per month is relatively high for this price point and may impact the overall monthly affordability for potential buyers.
- Shared Laundry Facilities
The lack of in-unit laundry hookups requires residents to use community laundry rooms, which is less convenient than having private facilities within the home.
About 700 W 3rd
Welcome home to this move-in ready, fully remodeled 2-bedroom, 2-bath ground floor level condo in the Town Square Community. The unit has been completely renovated. The unit features new kitchen, new appliances, new baths, new flooring, modern lighting, and central AC and Heat, plus a private patio that is perfect for morning coffee or unwinding at night. HOA dues include water, trash, 24-hour security, community pool, tennis courts, and laundry rooms. Ideally located near downtown Santa Ana, dining, entertainment, and freeway access. A move-in ready. comfortable, convenient, and close to everything.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 208,289 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $695.0 / Month
Neighborhood Insights
Santa Ana Unified Schools
Martin R. Heninger Elementary School
Grades K-8 • 0.3 mi
3/10
Willard Intermediate School
Grades 5-8 • 0.7 mi
2/10
Santa Ana High School
Grades 9-12 • 0.1 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.9 |
| Square foot | 864 | 920.18 |
| Lot Size | 208,289 | 232,361.303 |
| Price | $389.9K | $447.6K |
| Price per sq ft | $451 | $539 |
| Built year | 1981 | 1973 |
| HOA | $695.0 | $472 |
| Days on market | 37 | 66 |
Pricing History
Listed for Sale
Sep 18, 2026
$389,900
Initial Listing
Sold
Nov 19, 2009
$127,000
Public Record
Sold
Jul 1, 2005
$269,000
Public Record