701 W 1st Street D101, Santa Ana, California 92701, Santa Ana, 92701 - 2 bed, 2 bath
701 W 1st Street D101
Santa Ana, California 92701
Property Price
SUMMARY
Analysis of 701 W 1st Street D101, Santa Ana, California 92701 is currently available with a list price of $400,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Ana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1981, making it 43 years old. Without any interior images of the unit, particularly the kitchen and bathrooms, it's impossible to assess their current condition, style, or features. However, given the age and the absence of any mentioned recent renovations, it is highly probable that the interior components, including kitchen appliances, fixtures, and finishes, are significantly dated and would require minor to moderate updates to meet current aesthetic and functional standards. The exterior aerial images show a well-maintained complex, but this does not reflect the unit's interior. Therefore, the property is likely aged but functional, showing signs of being outdated, aligning with a 'Fair' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Described as being 'in the hearth of Santa Ana,' this condominium offers a highly desirable and convenient central urban location with excellent access to city amenities.
- Dedicated Parking
The inclusion of two dedicated parking spots is a significant advantage for a condominium, especially in a dense urban environment where parking can be scarce.
- Single-Level Living
As a single-level unit, it offers enhanced accessibility and convenience, appealing to a wide range of buyers including those seeking ease of movement or avoiding stairs.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $700.0 is substantial and could significantly impact the overall monthly housing cost, potentially deterring some buyers.
- Compact Living Space
At 951 sqft for a 2-bedroom, 2-bathroom unit, the living space is relatively compact, which may feel restrictive for some occupants or limit furniture arrangement options.
- Lack of Views
The property explicitly states 'view: None,' which can be a drawback as desirable views often contribute significantly to a condominium's appeal and value.
About 701 W 1st Street D101
Amazing condominium in the hearth of Santa Ana. This beauty offers 2 bedrooms and 2 bathrooms. 2 parking spots. Single level unit.
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
- $700.0 / Month
Neighborhood Insights
Santa Ana Unified Schools
Martin R. Heninger Elementary School
Grades K-8 • 0.3 mi
Willard Intermediate School
Grades 5-8 • 0.7 mi
Santa Ana High School
Grades 9-12 • 0.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 951 | 846.5 | 63% |
| Lot Size | 208,289 | 122,149 | 66% |
| Price | $400.0K | $411.2K | 47% |
| Price per sq ft | $421 | $494 | 16% |
| Built year | 1981 | 1978 | 53% |
| HOA | $700.0 | $438 | 97% |
| Days on market | 208 | 207 | 53% |
Pricing History
Listed for Sale
Aug 11, 2025
$400,000
Initial Listing