601 S Newhope Street 5, Santa Ana, California 92704, Santa Ana, - bed, bath
ACTIVE$475,000
601 S Newhope Street 5, Santa Ana, California 92704
2Beds
2Baths
850Sqft
950Lot
Year Built
1983
Close
-
List price
$475K
Original List price
$475K
Price/Sqft
-
HOA
$420
Days on market
-
Sold On
-
MLS number
DW25087719
Home ConditionFair
Features
Patio
View-
About this home
BACK ON THE MARKET. Welcome to affortable Newhope Gardens gated community 601 S. Newhope Street, Unit#5 in the city of Santa Ana, 2 story Condominium with 2 bedrooms, master bedroom has a private balcony, 1 1/2 bathrooms, living space 850 sq ft. , a 1 car garage with laundry hook ups inside of garage. End unit with a private gated patio area . Close to shopping, dining, Little Saigon community and easy access to freeways. A must see!
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (46 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 850 | 882 | 40% |
| Lot Size | 950 | 368,450 | 4% |
| Price | $475K | $475K | 50% |
| Price per square foot | $559 | $559 | 50% |
| Built year | 1983 | 1977 | 77% |
| HOA | $420 | $426 | 47% |
| Days on market | 198 | 160 | 70% |
Condition Rating
Fair
The property was built in 1983. The kitchen and bathroom appear dated with older style cabinets and fixtures. While the property seems maintained, it would benefit from updates to bring it to modern standards. The appliances in the kitchen appear functional but are not new. The flooring and overall style suggest it has not been significantly renovated in recent years.
Pros & Cons
Pros
Affordable Price Point: The property offers an affordable entry point into the Santa Ana housing market, potentially appealing to first-time homebuyers or investors.
Gated Community: Located within the Newhope Gardens gated community, providing added security and privacy for residents.
Private Balcony: The master bedroom features a private balcony, offering a personal outdoor space.
Attached Garage with Laundry: Includes a one-car garage with laundry hookups, adding convenience for residents.
Convenient Location: Close proximity to shopping, dining, Little Saigon, and easy access to freeways, enhancing lifestyle convenience.
Cons
Smaller Living Space: The living space is relatively small at 850 sq ft, which may not be suitable for larger families or those desiring more room.
Age of Property: Built in 1983, the property may require updates or renovations to meet modern standards.
Association Fees: The monthly association fee of $420 could be a significant expense for some buyers.