720 N Lacy E, Santa Ana, California 92701, Santa Ana, 92701 - 1 bed, 1 bath
720 N Lacy E
Santa Ana, California 92701
Property Price
SUMMARY
Analysis of 720 N Lacy E, Santa Ana, California 92701 is currently available with a list price of $299,000. 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.
Built in 1982, the property is over 40 years old and shows signs of being outdated with no evidence of recent major renovations. The listing description explicitly states it 'needs TLC,' and images confirm worn carpeting, dated kitchen cabinetry, and older appliances. While the unit appears functional and maintained, it requires cosmetic updates and minor repairs to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 390, other record living area = 648.
About 720 N Lacy E
Place has very nice lay out but needs TLC, Tons of potential here has carport for 2 cars.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 8,000 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $242.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.5 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 390 | 822 | 6% |
| Lot Size | 8,000 | 122,149 | 22% |
| Price | $299.0K | $411.2K | 16% |
| Price per sq ft | $767 | $498 | 97% |
| Built year | 1982 | 1978 | 63% |
| HOA | $242.0 | $429 | 9% |
| Days on market | 87 | 204 | 9% |
Pricing History
Listed for Sale
Feb 19, 2026
$299,000
$309,000
-3% Price Drop
Initial Listing
Price Change
Jan 27, 2026
$309,000
$265,000
+17% Price Increase
Initial Listing
Price Change
Dec 10, 2025
$265,000
Initial Listing
Sold
Feb 27, 1998
$30,000
Public Record