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700 W 3rd C206, Santa Ana, California 92701, Santa Ana, 92701 - 2 bed, 2 bath

700 W 3rd C206, Santa Ana, California 92701 home-pic-0
ACTIVE$390,000
700 W 3rd C206, Santa Ana, California 92701
2Beds
2Baths
925Sqft
Lot
Year Built
1981
Close
-
List price
$390K
Original List price
$390K
Price/Sqft
$422
HOA
$700
Days on market
-
Sold On
-
MLS number
PW25240818
Home ConditionFair
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $390.0K(50th), sqft - 925(65th), beds - 2(50th), baths - 2(52th).

Great opportunity for an owner-occupant or investor in the heart of Downtown Santa Ana! This charming 2-bed, 2-bath, 2 parking spots condo is located on the 2nd floor overlooking Flower Street, offering easy access to all areas of the community. Enjoy a prime location within walking distance to the Santa Ana Historic District, Artist Village, and Historic 4th Street, home to boutique shops, cafés, restaurants, theaters, nightlife, and local events. Perfect for living and working, it’s also just steps from the Civic Center, Courthouse District, and County offices. Towns Square offers a gated community with on-site HOA manager, two pools, laundry facility, elevator access, and much more.

Nearby schools

3/10
Martin R. Heninger Elementary School
Public,•K-8•0.3mi
2/10
Willard Intermediate School
Public,•5-8•0.7mi
3/10
Santa Ana High School
Public,•9-12•0.1mi

Price History

Date
Event
Price
10/17/25
Listing
$390,000
Condition Rating
Fair
Built in 1981, this condo is over 40 years old. While it features updated flooring and modern stainless steel appliances in the kitchen, the kitchen cabinets, countertops, and ceiling light fixture appear dated and show signs of wear. The bedroom has updated recessed lighting and flooring. Overall, the property is maintained but requires minor cosmetic updates to bring it to a more contemporary standard, particularly in the kitchen.
Pros & Cons

Pros

Prime Downtown Location: Situated in the heart of Downtown Santa Ana, offering unparalleled walkability to the Historic District, Artist Village, 4th Street's shops, cafes, restaurants, and nightlife, as well as proximity to the Civic Center and County offices.
Versatile Opportunity: Appeals to a broad market, suitable for both owner-occupants seeking an urban lifestyle and investors looking for rental income in a desirable, amenity-rich location.
Comprehensive Community Amenities: Part of a gated community, Towns Square, which includes an on-site HOA manager, two pools, a laundry facility, and elevator access, enhancing resident convenience and lifestyle.
Dedicated Two-Car Parking: The inclusion of two dedicated parking spots is a significant advantage in a dense urban environment like Downtown Santa Ana, adding value and convenience.
Practical 2-Bed/2-Bath Layout: The 2-bedroom, 2-bathroom configuration provides a functional living space, ideal for individuals, couples, or small families, and offers flexibility for roommates or a home office.

Cons

High Monthly HOA Fees: The association fee of $700.0 is considerably high for a 925 sqft condominium, which could impact affordability for buyers and reduce investment returns for landlords.
Building Age and Potential for Unit Updates: Built in 1981, the property is over 40 years old. While the community offers amenities, the individual unit may require significant updates to meet modern aesthetic and functional standards, incurring additional costs.
Standard Neighborhood View: The unit offers a 'Neighborhood' view overlooking Flower Street. While a view exists, it is not a premium feature like city skyline or panoramic vistas, which might limit its appeal compared to units with more desirable outlooks.

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