801 S Lyon Street 167(l-5), Santa Ana, California 92705, Santa Ana, 92705 - 2 bed, 1 bath
, Santa Ana, California 92705)
, Santa Ana, California 92705)
, Santa Ana, California 92705)
ACTIVE$439,900$947/sqft
801 S Lyon Street 167(l-5), Santa Ana, California 92705
2Beds
1Bath
947Sqft
321,403Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Gated Community: The property is located within Village Meadows, a gated condo complex, offering enhanced security and a sense of exclusivity.
Top Cons:
High Monthly HOA Fee: The association fee of $632.18 per month is substantial and could impact affordability for buyers or reduce cash flow for investors.
Compared to the nearby listings
Price:$439.9K vs avg $602.5K ($-162,600)27%
Size:947 sqft vs avg 1,283 sqft19%
Price/sqft:$465 vs avg $50538%
More Insights
Built in 1972 (54 years old).
Condition: Built in 1972, this property is 52 years old with no indication of major renovations. The exterior images show an aged building and an outdated window AC unit, suggesting original or very old systems and finishes. Without interior photos, it's highly probable the kitchen, bathroom, and other components are also significantly outdated and would require substantial rehabilitation to meet current quality and comfort standards.
Year Built
1972
Close
-
List price
$440K
Original List price
$440K
Price/Sqft
$465
HOA
$632.18
Days on market
-
Sold On
-
MLS number
OC26002223
Home ConditionPoor
Features
View-
About this home
Village Meadows gated condo complex community, HOA includes onsite management great investor opportunity. Lots of mature trees and well-maintained grounds. HOA includes onsite management.
H
Hayal Forshey
Listing Agent
Condition Rating
Poor
Built in 1972, this property is 52 years old with no indication of major renovations. The exterior images show an aged building and an outdated window AC unit, suggesting original or very old systems and finishes. Without interior photos, it's highly probable the kitchen, bathroom, and other components are also significantly outdated and would require substantial rehabilitation to meet current quality and comfort standards.
Pros & Cons
Pros
Gated Community: The property is located within Village Meadows, a gated condo complex, offering enhanced security and a sense of exclusivity.
Onsite HOA Management: The HOA includes onsite management, suggesting efficient maintenance, responsive service, and well-managed common areas.
Well-Maintained Grounds: The community boasts lots of mature trees and well-maintained grounds, contributing to a pleasant and aesthetically appealing living environment.
Investor Opportunity: Explicitly described as a 'great investor opportunity,' indicating potential for rental income or future appreciation.
Practical Unit Configuration: With 2 bedrooms and 1 bathroom across 947 sqft, the unit offers a practical and desirable layout for many residents or renters.
Cons
High Monthly HOA Fee: The association fee of $632.18 per month is substantial and could impact affordability for buyers or reduce cash flow for investors.
Property Age: Built in 1972, the property is over 50 years old, which may imply older systems, finishes, or a potential need for future renovations or updates.
Lack of View: The property description explicitly states 'view: None,' indicating a lack of a desirable scenic outlook that could otherwise enhance its appeal and value.