$210,000
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801 S Lyon #148 Santa Ana, CA 92705
1 Bed
1 Bath
632 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 632 sqft
Price per Sqft $300
Subdivision Village Meadows (Vlmd)
MLS Listing ID EV21003077
Bedrooms 1
Full Baths 1
HOA Fees $376/mo
Year Built 1972
Lot Size 871 Sqft
Property Description
Amazing condo with professional on-site property management! Spacious one bedroom, one bathroom with assigned covered parking with storage. The association grounds are beautifully taken care of and boast mature trees throughout. Residents have access to two pools and an on-site coin-op laundry. Low HOA dues which include: water, trash, sewer, landscaping and insurance. Residents pay all other utilities as part of their standard lease. HOA funds will cover scheduled exterior maintenance which includes roof, porch, etc. The professional onsite management team will assist with advertising any available units, as well as prequalifying & leasing to approved tenants. Property management also assists with cleanup and repairs after residents move out for an additional fee. Currently cap rate is at 6%, huge upside to raise rents to market rate for a 8% cap!
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Rooms
Ensuite Laundry Common Area, Laundry Room
Interior
Laundry Location Common Area,Laundry Room
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Common Area, Laundry Room
Exterior
Pool Fenced, Association
Community Features Street Lights, Sidewalks
Amenities Available Management, Picnic Area, Playground, Pool, Water
View Y/N Yes
View Neighborhood
Building
Lot Description 2-5 Units/Acre
Story One
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Santa Ana Unified
Others
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange, Fannie Mae, Freddie Mac, Submit
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, 1031 Exchange, Fannie Mae, Freddie Mac, Submit
Special Listing Condition Standard
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Bought with Michael Mei • Keller Williams Realty Irvine