801 S Lyon A205, Santa Ana, California 92705, Santa Ana, 92705 - 1 bed, 1 bath
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Santa Ana, California 92705
This High-Potential Investment Opportunity is listed at a List Price of $310,000, which aligns with the $310,000 Fair Market Value. Featuring a Condition Rating of 3, the unit offers updated stone countertops and stainless steel appliances, providing a stable, move-in ready asset. Its location within the Tustin Unified School District and access to community pools and greenbelts ensure strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a flexible, low-maintenance entry into the Orange County market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 S Lyon A205 Subject | $310,000* List Price | 1 | 1 | 668 | $464 | - |
A 801 S Lyon A105 Active | $310,000 List Price | 1 | 1 | 668 | $464 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1972, the unit has undergone significant cosmetic renovations within the last 5-15 years, including updated stone countertops, stainless steel appliances, and modern laminate flooring. The interior is well-maintained and move-in ready, though some dated elements like popcorn ceilings and older cabinetry remain.
Priced competitively for Orange County, this unit offers a unique opportunity to be purchased alongside the neighboring unit (A105), making it ideal for dual-income investors or multi-generational living.
The monthly association fee covers essential utilities including water, gas, and trash, providing simplified budgeting and significant added value for both owners and tenants.
Located with easy access to major freeways and within the desirable Tustin Unified School District, the property offers high convenience for commuters and strong rental demand.
At 668 square feet, the unit's small footprint may limit its appeal to single occupants or couples, potentially narrowing the pool of future buyers or renters.
Built in 1972, the property and community may require more frequent maintenance or future capital improvements compared to newer developments in the area.
An exceptional opportunity for investors or owner-occupants seeking value and flexibility in Orange County! This 1-bedroom, 1-bath upstairs condo in the Village Meadows community features a desirable floor plan with an upgraded bright living space, dining area, and private balcony, offering an elevated perspective and added privacy. The unit includes a spacious bedroom, full bathroom, and functional kitchen layout, along with an assigned carport (#118) and additional storage. Located in a well-maintained community with amenities including pools, greenbelts, playground, and on-site laundry. HOA dues conveniently include water, gas, and trash utilities, adding exceptional value and simplified ownership. Ideally situated near major freeways, shopping, and dining, this property offers convenience and accessibility. Also available as part of a rare opportunity to purchase both this unit and the neighboring downstairs unit (A105), creating a strong dual-income investment or multi-generational living option, which is sure to please!
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades PK-5 • 1.6 mi
Grades K-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.5 | 6% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 668 | 1,224 | 6% |
| Lot Size | 321,403 | 850.3 | 75% |
| Price | $310.0K | $605.0K | 13% |
| Price per sq ft | $464 | $485 | 50% |
| Built year | 1972 | 1972 | 50% |
| HOA | $450.0 | $444 | 63% |
| Days on market | 22 | 218 | 6% |
May 15, 2026
$310,000
Initial Listing
Sep 15, 2016
$168,000
Public Record
Mar 12, 2013
$180,000
Public Record
Dec 20, 2005
$320,000
Public Record
Apr 6, 2005
$199,000
Public Record