801 S Lyon, Santa Ana, California 92705, Santa Ana, 92705 - 1 bed, 1 bath

801 S Lyon
Santa Ana, California 92705
Property Price
SUMMARY
Analysis of 801 S Lyon, Santa Ana, California 92705 is currently available with a list price of $289,900. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property was built in 1972, making it 52 years old. Crucially, there are no interior images provided in the listing, which is a significant red flag. For a property of this age, the complete absence of photos for the kitchen, bathrooms, flooring, and other interior spaces strongly suggests that these areas are severely outdated and likely require substantial repairs and rehabilitation. If the interior had been recently renovated or was in good condition, the listing agent would undoubtedly showcase these features. Without any evidence of updates, it's highly probable that major components such as kitchen appliances, light fixtures, flooring, and potentially cooling/heating systems and electrical devices are original or from a very old renovation (30-50 years ago), placing the property in the 'Poor' category, requiring significant investment to meet modern living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Gated Community & Amenities
Well-established gated community offering enhanced security, mature landscaping, a sparkling swimming pool, playground, and leisure walkways, contributing to a desirable lifestyle.
- Comprehensive HOA Inclusions
The HOA fee covers extensive services including onsite management, maintenance, water, gas, and trash, significantly reducing monthly out-of-pocket expenses for residents.
- Strategic Orange County Location
Situated in Santa Ana, Orange County, a desirable and robust real estate market known for its potential for appreciation and strong rental demand.
CONSRISKS & DEFICIENCIES
- High HOA Fee Relative to Size
The $518 monthly HOA fee is considerably high for a 620 sqft 1 bed/1 bath unit, potentially impacting affordability and investment returns despite comprehensive inclusions.
- Compact Living Space & Age
The unit's small 620 sqft footprint may limit appeal for some buyers, and its 1972 construction year could imply a need for future updates or maintenance.
- Absence of Specific Views
The property description explicitly states 'view: None,' which might be a disadvantage for buyers seeking scenic outlooks from their home.
About 801 S Lyon
Welcome to Village Meadows, a well established gated community in Santa Ana! This picturesque condo complex showcases lots of mature trees and well maintained grounds. HOA includes onsite management, maintenance fees, water, gas and trash service. Amenities include a sparkling swimming pool, playground, and walkways for a leisure stroll. This is a great investor opportunity to own a piece of Orange County! Don't miss out, call today for more information!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $518.0 / Month
Neighborhood Insights
Santa Ana Unified Schools
Robert Heideman Elementary School
Grades PK-5 • 0.2 mi
C. C. Lambert Elementary School
Grades PK-5 • 1.6 mi
Tustin Connect Academy
Grades K-8 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 5% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 620 | 1,267 | 5% |
| Lot Size | - | - | 50% |
| Price | $289.9K | $590.0K | 10% |
| Price per sq ft | $468 | $507 | 38% |
| Built year | 1972 | 1974 | 38% |
| HOA | $518.0 | $449 | 71% |
| Days on market | 133 | 172 | 24% |
Pricing History
Listed for Sale
Dec 16, 2025
$289,900
$299,900
-3% Price Drop
Initial Listing
Price Change
Oct 25, 2025
$299,900
Initial Listing






