801 S Lyon, Santa Ana, California 92705, Santa Ana, - bed, bath
ACTIVE$299,900
801 S Lyon, Santa Ana, California 92705
1Bed
1Bath
620Sqft
Lot
Year Built
1972
Close
-
List price
$300K
Original List price
$300K
Price/Sqft
-
HOA
$518
Days on market
-
Sold On
-
MLS number
PW25244272
Home ConditionPoor
Features
View-
About this home
Welcome to Village Meadows, a well established gated community in Santa Ana! This picturesque condo complex showcases lots of mature trees and offers onsite management and amenities. Great investor opportunity. Don't miss out, Call Today for more information!
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
10/25/25
Listing
$299,900
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (28 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 3% |
| Baths | 1 | 3 | 14% |
| Square foot | 620 | 1,224 | 3% |
| Lot Size | 0 | 0 | |
| Price | $300K | $560K | 3% |
| Price per square foot | $484 | $533 | 38% |
| Built year | 1972 | 1975 | 34% |
| HOA | $518 | $449 | 79% |
| Days on market | 11 | 187 | 3% |
Condition Rating
Poor
The property was built in 1972, making it 52 years old. The listing description provides no information about any renovations, and the exterior image shows window AC units, strongly suggesting that major systems and interior finishes, especially the kitchen and bathroom, are original or have only received very minor, dated updates. Without any evidence of recent renovations, it's highly probable that the interior is significantly outdated and requires substantial repairs and rehabilitation to meet current quality standards and comfort levels. This aligns with the 'Poor' condition criteria, indicating major components are functional but show significant signs of being outdated and likely require extensive system replacements or full remodels.
Pros & Cons
Pros
Gated Community & Onsite Management: The property is located within Village Meadows, a well-established gated community, offering enhanced security and the convenience of onsite management for common area maintenance and resident support.
Attractive Price Point: Listed at $299,900, this condominium offers a relatively affordable entry point into the Santa Ana real estate market, appealing to first-time homebuyers or budget-conscious investors.
Established Community with Mature Landscaping: The complex boasts a picturesque environment with mature trees, contributing to a pleasant living atmosphere and curb appeal within a well-maintained, established community.
Investor Opportunity: Explicitly marketed as a 'Great investor opportunity,' the property's price point and community features suggest potential for rental income or future appreciation.
Access to Highly-Rated High School: The property is zoned within the Tustin Unified High School District, with access to Arnold O. Beckman High School, which holds a strong rating of 8.
Cons
High Monthly Association Fee: The association fee of $518.00 per month is substantial for a 620 sqft 1-bedroom unit, significantly impacting the overall monthly cost of ownership.
Compact Living Space: With only 620 sqft, the unit offers limited living space, which may restrict its appeal to individuals or couples and could feel cramped for those desiring more room.
Older Building & Potential for Updates: Built in 1972, the property is over 50 years old, suggesting that major systems (plumbing, electrical, HVAC) and interior finishes may be original and could require significant updates or maintenance in the near future.