It says apartments because they do have an onsite management office with an amazing staff!
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801 South Lyon, 163, Santa Ana, CA 92705

$400K2bd · 1ba · 923 sqft
Lot 321,403 sqft•HOA $627.53/mo•Condominium•
Active
•50d on market•MLS# PW-26186106

Property Description

This is an unbelievable opportunity! Check out K-6, this amazing 2-bedroom condominium in the heart of Orange County. This desirable upper-level corner unit features a balcony that overlooks the sparkling pool and greenbelt, boasting an estimated 923 square feet, and comes with an assigned carport and an additional parking space. Village Meadows ( a SMOKE FREE COMMUNITY ) offers a convenient lifestyle with an onsite management team making it perfect for buyers looking for a new home or investors ready to assist with screening, leasing, and managing tenants! The HOA fees include gas, water, trash, and sewer services, along with certain maintenance duties. The well-maintained grounds show off expansive green areas, two sparkling pools, and a playground to enjoy. Situated close to shopping centers, the Santa Ana Zoo, public transit, and major roadways, this condo is a must-visit and is truly a hidden jewel (Community Features: Two Swimming Pools, Community Center, Picnic Areas, Playground and Park Area, Laundry Facilities, Courtesy Patrol Service, Gated Covered Parking, Professionally Landscaped, Close to the Santa Ana 5, San Diego 405, Newport-Costa Mesa 55 and Garden Grove 22 Freeways!)

Features & Amenities

FeeBuilt 1972

Property Details

Land Type
Fee
Year Built
1972
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
View
Courtyard, Park/Greenbelt, Pool
Flooring
Carpet, Laminate
Roof
Common Roof
City
Santa Ana
Zip Code
92705
County
Orange
Listed byColdwell Banker Realty, David Silva

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,022.11
Principal & Interest
Loan Amount
$319,920
Total Interest
$408,040
Total Payment Over 30 Years
$727,960
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

801 South Lyon, 163, Santa Ana, CA 92705

Santa Ana · Condominium

$400K
Affordable Tier
Beds
2
Baths
1
Sqft
923
Lot
7.38 ac
Year
1972
$/Sqft
$433
Pool: Yes✓
Spa: No✓
View: Courtyard, Park/Greenbelt, Pool✓

Listed 17.5% below the median closed sale of $485,000. Price per sqft ($433) is a 11% discount to closed comps ($486).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $400K· $433/sqft
Total list price
Closed comps
vs closed median $485K
−$85K (−17.5%)
Active comps
vs active median $475K
−$75K (−15.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $490
−$57 (−11.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3050 BristolSanta Ana197021943245,678$504$475,0009093
1602 KING #M3 StreetSanta Ana196522930323,414$532$495,0008489
521 LyonSanta Ana196422980348,571$464$455,00014486
600 3rd StreetSanta Ana198121864223,963$385$333,00020185
2423 DeodarSanta Ana1971218517,090$563$479,0008785
Total: 5 · Average2.01.4913.6229,743.2$489.6$447,400121.2
Median930$475,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5300 1stSanta Ana197309/22/202621857309,129$570,000$530,000$6180.937390
1101 MacarthurSanta Ana197009/17/202621842516,421$420,000$410,000$4870.983489
600 3rd StreetSanta Ana198009/03/202621864223,963$299,995$274,786$3180.923588
521 LyonSanta Ana196409/08/2026221,000348,571$499,500$507,000$5071.016187
1330 Cabrillo ParkSanta Ana197410/09/202622974114,206$499,900$485,000$4980.9716287
Total: 5 · Average2.01.4907.4302,458$441,357.2$441,357.2$485.6—73
Median864$485,000$485,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.