450 E 4th Street 316, Santa Ana, California 92701, Santa Ana, - bed, bath
ACTIVE$369,999
450 E 4th Street 316, Santa Ana, California 92701
2Beds
2Baths
808Sqft
122,149Lot
Year Built
1989
Close
-
List price
$370K
Original List price
$370K
Price/Sqft
-
HOA
$503
Days on market
-
Sold On
-
MLS number
PW25174465
Home ConditionFair
Features
Deck
Pool
Spa
ViewNeighborhood
About this home
2 Bedroom 2 Bath Downtown Santa Ana Condo! Living room with fireplace and balcony. This condo has central A/C, secure underground parking with 2 assigned spaces and elevator access with 24-hour security cameras. Community amenities include laundry, pool, spa, clubhouse, racquetball and basketball courts, playground, and picnic area. Monthly HOA includes water and trash, convenient on-site manager. Great location near schools, restaurants, public transportation and easy freeway access. This one is perfect for investors and is located in a high-demand rental market.
Price History
Date
Event
Price
08/04/25
$369,999
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (50 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 2 | 1 | 53% |
| Square foot | 808 | 825 | 45% |
| Lot Size | 122,149 | 208,289 | 33% |
| Price | $370K | $390K | 39% |
| Price per square foot | $458 | $502 | 37% |
| Built year | 1989 | 1976 | 80% |
| HOA | $503 | $420 | 80% |
| Days on market | 93 | 153 | 12% |
Condition Rating
Fair
The property was built in 1989, making it 36 years old. The listing description provides no details or images of the interior, specifically the kitchen or bathrooms, nor does it mention any recent renovations. Given its age and the absence of renovation information, it's highly probable that the interior, including kitchen appliances, light fixtures, flooring, and bathroom styles, are original or significantly dated, requiring minor updates to meet current standards. The exterior image shows a well-maintained building, but this does not reflect the unit's interior condition.
Pros & Cons
Pros
Prime Downtown Location: Strategically located in Downtown Santa Ana, offering excellent walkability to schools, diverse restaurants, public transportation, and convenient freeway access, enhancing urban living appeal.
Comprehensive Community Amenities: Residents benefit from a wide array of on-site amenities including a pool, spa, clubhouse, racquetball/basketball courts, playground, and picnic area, providing extensive recreational options.
Strong Investment Potential: Positioned in a high-demand rental market, this property is explicitly noted as ideal for investors, suggesting robust rental income potential and long-term appreciation.
Enhanced Security & Convenience: Features secure underground parking with two assigned spaces, elevator access, and 24-hour security cameras, ensuring peace of mind and ease of access for residents.
Essential Comforts & HOA Value: Includes central A/C for year-round comfort, and the HOA fee covers water, trash, and an on-site manager, adding significant value and reducing out-of-pocket expenses.
Cons
Substantial Monthly HOA Fee: The monthly association fee of $503 is relatively high, which can significantly impact affordability and the overall cost of ownership for potential buyers or investors.
Compact Unit Size: At 808 sqft for a 2-bedroom, 2-bath unit, the living space is quite compact, which may be a limiting factor for buyers seeking more spacious accommodations.
Building Age & Potential for Updates: Built in 1989, the property is over 30 years old, which may suggest the need for interior updates or potential for future building system maintenance/assessments, despite current amenities.