801 S Lyon Street 21 (a-123), Santa Ana, California 92705, Santa Ana, 92705 - 2 bed, 2 bath
, Santa Ana, California 92705)
, Santa Ana, California 92705)
, Santa Ana, California 92705)
ACTIVE$459,900$981/sqft
801 S Lyon Street 21 (a-123), Santa Ana, California 92705
2Beds
2Baths
981Sqft
321,403Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Investor Opportunity: The property is explicitly marketed as a 'great investor opportunity,' suggesting strong rental potential or future appreciation.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 981, other record living area = 654. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Compared to the nearby listings
Price:$459.9K vs avg $602.5K ($-142,600)27%
Size:981 sqft vs avg 1,283 sqft19%
Price/sqft:$469 vs avg $50542%
More Insights
Built in 1972 (54 years old).
Condition: Built in 1972, this property is 52 years old. With no interior images provided and no mention of recent renovations in the listing description, it is highly probable that the kitchen, bathrooms, flooring, and major systems are original or significantly outdated. While the exterior appears maintained for its age, the lack of interior updates suggests the unit would require substantial repairs and rehabilitation to meet current living standards, aligning with the 'poor' condition criteria.
Year Built
1972
Close
-
List price
$460K
Original List price
$460K
Price/Sqft
$469
HOA
$632.5
Days on market
-
Sold On
-
MLS number
OC26001930
Home ConditionPoor
Features
View-
About this home
This is a great investor opportunity, well established gated community Condo complex in Santa Ana, lots of mature trees and well-maintained grounds. HOA includes onsite management.
H
Hayal Forshey
Listing Agent
Nearby schools
3/10
Robert Heideman Elementary School
Public,•PK-5•0.2mi
2/10
C. C. Lambert Elementary School
Public,•PK-5•1.6mi
7/10
Tustin Connect Academy
Public,•K-8•1.6mi
6/10
Columbus Tustin Middle School
Public,•6-8•1.7mi
8/10
Arnold O. Beckman High School
Public,•9-12•3.8mi
Price History
Date
Event
Price
11/13/08
Sold
$72,000
06/16/06
Sold
$197,000
Condition Rating
Poor
Built in 1972, this property is 52 years old. With no interior images provided and no mention of recent renovations in the listing description, it is highly probable that the kitchen, bathrooms, flooring, and major systems are original or significantly outdated. While the exterior appears maintained for its age, the lack of interior updates suggests the unit would require substantial repairs and rehabilitation to meet current living standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Investor Opportunity: The property is explicitly marketed as a 'great investor opportunity,' suggesting strong rental potential or future appreciation.
Gated Community & Well-Maintained Grounds: Located within a well-established gated community with mature trees and well-maintained grounds, enhancing security and aesthetic appeal.
Onsite Management: The HOA includes onsite management, providing convenience for residents and ensuring professional upkeep of the complex.
Highly-Rated High School: The property is zoned for Arnold O. Beckman High School, which boasts a strong rating of 8, a significant draw for families.
Established Community: Part of a well-established community with mature trees, contributing to a pleasant and settled living environment.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 981, other record living area = 654. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
High Association Fees: The monthly association fee of $632.5 is substantial, impacting overall affordability and potential investment returns.
Older Building Age: Built in 1972, the property's age suggests potential for outdated interiors, systems, or the need for future renovations.
Low-Rated Nearby Elementary Schools: The closest elementary schools (C. C. Lambert and Robert Heideman) have low ratings (2 and 3 respectively), which could be a concern for families with young children.