801 K-6 S Lyon 163, Santa Ana, California 92705, Santa Ana, 92705 - 2 bed, 1 bath
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801 K-6 S Lyon 163
Santa Ana, California 92705
ACTIVE
CONDITION: FAIR
2Beds
1Baths
923Sq Ft
321,403Lot Size
Property Price
LIST PRICE$399,900
EST. MARKET VALUE
$378,791
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $399,900—positioned well above the $378,792 Fair Market Value by -5%. Featuring a Condition Rating of 4, this unit offers a value-add project for those looking to modernize dated systems. The upper-level corner unit provides a Pool and Greenbelt View, while the comprehensive HOA covers essential utilities. Located near Tustin Unified schools, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a strategic, commuter-friendly location in Orange County.
Estimated Market Value
$378,791
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 |
|---|---|---|---|---|---|---|
★ 801 K-6 S Lyon 163 Subject | $399,900* List Price | 2 | 1 | 923 | $410 | - |
A 801 S Lyon A205 Sold | $310,000 | 1 | 1 | 668 | $464 | 0.0 mi |
B 1707 Normandy Place D Sold | $330,000 | 2 | 1 | 804 | $410 | 0.1 mi |
C 801 S Lyon Sold | $285,000 | 1 | 1 | 620 | $460 | 0.0 mi |
D 801 K-4 S Lyon 165 Active | $399,900 List Price | 2 | 1 | 923 | $433 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1972 (52 years old) with no mention of recent renovations to the kitchen or bathroom in the listing description. The presence of a window AC unit in the exterior photos suggests dated HVAC systems, and the property likely requires cosmetic and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location and Accessibility
Situated in the heart of Orange County with immediate access to the 5, 405, 55, and 22 freeways, this property offers an ideal location for commuters and easy access to local amenities like the Santa Ana Zoo.
- Comprehensive HOA Benefits
The association fee covers essential utilities including gas, water, trash, and sewer, while providing onsite management and courtesy patrol, making it a low-maintenance option for both homeowners and investors.
- Premium Unit Positioning
As an upper-level corner unit, this condo offers enhanced privacy and features a private balcony with serene views of the community pool and landscaped greenbelts.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =321403, other record lot size in square feet = 336223. Living area discrepancy between mls listing and other public or private record. mls listing living area = 923, other record living area = 620. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- High Monthly Carrying Costs
The monthly HOA fee of $627.53 is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Lack of In-Unit Laundry
The reliance on community laundry facilities rather than in-unit hookups is a notable drawback for modern buyers seeking convenience and privacy.
About 801 K-6 S Lyon 163
Check out K-6, this amazing 2-bedroom condominium in the heart of Orange County. This desirable upper-level corner unit features a balcony that overlooks the serene pool and greenbelt, boasting an estimated 923 square feet, and comes with an assigned carport and an additional parking space. Village Meadows ( a SMOKE FREE COMMUNITY ) offers a convenient lifestyle with an onsite management team making it perfect for buyers looking for a new home or investors ready to assist with screening, leasing, and managing tenants! The HOA fees include gas, water, trash, and sewer services, along with certain maintenance duties. The well-maintained grounds show off expansive green areas, two sparkling pools, and a playground to enjoy. Situated close to shopping centers, the Santa Ana Zoo, public transit, and major roadways, this condo is a must-visit and is truly a hidden jewel (Community Features: Two Swimming Pools, Community Center, Picnic Areas, Playground and Park Area, Laundry Facilities, Courtesy Patrol Service, Gated Covered Parking, Professionally Landscaped, Close to the Santa Ana 5, San Diego 405, Newport-Costa Mesa 55 and Garden Grove 22 Freeways!)
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 321,403 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $627.53 / Month
Neighborhood Insights
Santa Ana Unified Schools
Robert Heideman Elementary School
Grades PK-5 • 0.2 mi
3/10
C. C. Lambert Elementary School
Grades PK-5 • 1.6 mi
2/10
Tustin Connect Academy
Grades K-8 • 1.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 923 | 936.958 |
| Lot Size | 321,403 | 210,479.972 |
| Price | $399.9K | $452.9K |
| Price per sq ft | $433 | $547 |
| Built year | 1972 | 1973 |
| HOA | $627.53 | $478 |
| Days on market | 15 | 65 |
Pricing History
Listed for Sale
Aug 25, 2026
$399,900
Initial Listing
Sold
Jul 11, 2018
$190,000
Public Record
Sold
Dec 5, 2005
$290,000
Public Record