801 S Lyon Street A111, Santa Ana, California 92705, Santa Ana, 92705 - 1 bed, 1 bath
801 S Lyon Street A111
Santa Ana, California 92705
Property Price
SUMMARY
Analysis of 801 S Lyon Street A111, Santa Ana, California 92705 is currently available with a list price of $329,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1972, this property has received functional updates including newer tile floors, new paint, Corian counters, a newer stove, and an updated bathroom. While the kitchen cabinets and bathroom vanity appear dated in style, the overall condition is move-in ready with no immediate renovations required, making it suitable for tenants. The in-wall AC and wall heater are functional but not modern systems. The property is well-maintained for its age and recent updates.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
Explicitly marketed as a 'GREAT INVESTOR'S OPPORTUNITY' with the option to purchase three units together, offering scalability and portfolio growth.
- Strong Rental Income
Units are currently renting for $2100/month, indicating a robust potential for cash flow and return on investment.
- Comprehensive HOA Coverage
HOA dues cover water, gas, trash, interior maintenance labor, landscape, exterior lighting, and insurance, significantly reducing owner's operational responsibilities. The office also manages rentals.
CONSRISKS & DEFICIENCIES
- Compact Unit Size
At 620 sqft for a 1-bedroom unit, the size is relatively small, which might limit the tenant demographic or appeal to owner-occupants seeking more space.
- Building Age
Constructed in 1972, the property is over 50 years old, which could lead to concerns about aging infrastructure and potential for future capital expenditures not covered by the standard HOA.
- Limited Cooling System
While 'in-wall AC' is present, it is generally less efficient and effective than central air conditioning, potentially impacting comfort during hotter months or increasing utility costs for tenants.
About 801 S Lyon Street A111
GREAT INVESTOR'S OPPORTUNITY.....There are 3 UNITS TO BE SOLD TOGETHER. All Condos are ON THE 1ST FLOOR with 1 bedroom 1 bath with ALL newer TILE FLOORS, NEW PAINT, CORIAN COUNTERS, STOVE, updated Bathroom, in-wall AC. UNITS IN COMPLEX ARE CURRENTLY BEING RENTED FOR $2100/MO. HOA Dues pay for Water, Gas, Trash, Labor inside the Unit for Maintenance Only, Landscape, Exterior Lighting and Insurance. Office takes care of rentals for Owners. Other Condo Units are A112 and H3, Sold for $329,000 each an Amazing Investment for all 3 at $987,000 total. JUST MINUTES TO THE SANTA ANA METROPOLITAN DISTRICT AND VERY CLOSE TO THE 5 AND 55 FREEWAYS!
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
- $372.16 / Month
Neighborhood Insights
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 | $329.0K | $590.0K | 19% |
| Price per sq ft | $531 | $509 | 57% |
| Built year | 1972 | 1974 | 38% |
| HOA | $372.16 | $400 | 43% |
| Days on market | 43 | 172 | 5% |
Pricing History
Listed for Sale
Jan 23, 2026
$329,000
Initial Listing