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2528 Park Lk #108
B Composite 71.43
Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +26.8/30.0
  • ARV discount +15.0/15.0
  • DSCR +9.2/10.0
  • 1% rule +7.2/10.0
  • Schools +4.5/10.0
  • Rent growth +3.4/5.0
  • Livability +2.8/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$299,900

2528 Park Lk #108 · Santa Ana, CA 92705
2 bd · 2.0 ba · 1,556 sqft · Manufactured · 81 Days on market
Built 1983 $193/sqft · 19% below area Est $370k · 19% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Big price drop. Senior Living 55 +. Don't let the little bit of work fool you from seeing this real gem. Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier community with gorgeous man made lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. Dual-pane windows allow loads of natural light into the home and are energy efficient. Monthly lease includes water and gas. Central air conditioning, forced air heater, and a great central location within this amazing complex make this one a MUST SEE!

Key facts

  • 2 garage spots
  • Community pool
  • Built 1983

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $300k.

Deal economics

  • At list price, monthly cash flow is $820 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $300k).
  • Recommended offer: $282k (6.0% below list) — sets the bar for market timing.
  • Cap rate 9.6% vs local median 2.5% in Santa Ana — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 55/100 on livability (#871 in CA) — a working-class tenant base; expect higher turnover. Strengths: employment A; Watch: schools D, crime D-, amenities F.
  • Orange Unified (urban): math 39% / reading 60% proficiency, ranked #127 of 517 in CA (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+3.7%/yr); 100 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($129k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 3.7% rent growth), your $84k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 81 days — a 6% lower offer ($282k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 14y ago; this cycle's ask has dropped $30k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $234k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $281,906 (6.0% below list)

Questions for the listing agent

  1. It's been on market 81 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.22%
Cap rate
9.57%
Cash-on-cash
11.71%
DSCR
1.52
GRM
6.8

CMA / ARV

ARV (median comp)
$370,000
List price
$299,900
Delta
-18.95%
Verdict
UNDERPRICED
Comps
12 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2508 Park Lk 0.09mi 2/2.0 1,600 (+3%) 2mo $425,000 $266 89
1529 Canyon Lk #140 0.14mi 2/2.0 1,540 (-1%) 6mo $438,700 $285 87
2605 View 0.10mi 2/2.0 1,600 (+3%) 10mo $375,000 $234 82
2508 View Lk #160 0.07mi 2/2.0 1,703 (+9%) 2mo $332,500 $195 79
2544 Park Lk 0.02mi 2/2.0 1,344 (-14%) 2mo $370,000 $275 75
2533 Shadow Lk #124 0.05mi 2/2.0 1,708 (+10%) 9mo $407,000 $238 74
2621 Forest Lk 0.14mi 2/2.0 1,745 (+12%) 4mo $377,000 $216 70
2545 Shadow Lk #127 0.03mi 2/2.0 1,344 (-14%) 9mo $325,000 $242 69
2616 View Lk 0.07mi 2/2.0 1,700 (+9%) 17mo $449,000 $264 67
1621 Wood Lake Ave 0.10mi 2/2.0 1,700 (+9%) 18mo $320,000 $188 65
2624 View Lk 0.07mi 2/2.0 1,350 (-13%) 13mo $397,000 $294 64
1500 Canyon Lk #163 0.20mi 2/2.0 1,708 (+10%) 18mo $465,000 $272 60

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.72% rent growth · sell at horizon

5-year hold
IRR
2.0%
Equity multiple
1.08×
Total profit
$6,333
Equity at exit
$44,716
10-year hold
IRR
12.3%
Equity multiple
2.00×
Total profit
$84,083
Equity at exit
$25,930

Cash invested: $83,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
18 Strongly Tenant-Friendly
State California
18 Strongly Tenant-Friendly · D+13
County
— inherits STATE
City
— inherits STATE
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

ZIP-level market 92705

Rents YoY
3.7%
Active inventory
100
Price-to-rent
6.8×

Monthly cashflow live

Estimated rent
$3,661 high interval (Pro) →
Mortgage (P&I)
$1,573
Tax est. 1.5%
$375 /mo · $4,498/yr
Insurance
$125
HOA
$0
Vacancy / Maint / Mgmt
$769
Net cashflow
$820

Break-even live

Break-even rent $2,623
Max offer price $299,900
Occupancy floor 73%

Sensitivity live

Price -10% $1,027 -5% $923 +0% $820 +5% $716 +10% $612
Rent -10% $530 -5% $675 +0% $820 +5% $964 +10% $1,109
Rate -1.0pp $971 -0.5pp $896 base $820 +0.5pp $742 +1.0pp $663

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$74,975
Closing costs
$8,997
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1300 Fairhaven Ave Santa Ana, CA 1.0–2.0 1.0–2.0 900 $2,879 $3.20 8d 5 0.39mi
819 S Ponderosa St Orange, CA 2.0 2.0 1300 $2,980 $2.29 44d 1 0.67mi
1920 Sherry Ln Santa Ana, CA 2.0 2.0 1080 $2,995 $2.77 25d 1 0.71mi
478 S Grand St Orange, CA 3.0 1.0 1066 $4,195 $3.94 16d 1 0.72mi
478 S Grand St Orange, CA 3.0 1.0 1066 $3,995 $3.75 11d 1 0.72mi
480 S Grand St Unit 478 Orange, CA 3.0 1.0 1066 $3,995 $3.75 6d 1 0.72mi
2215 E Avalon Ave Santa Ana, CA 3.0 2.0 1315 $1,400 $1.06 44d 1 0.75mi
2210 E Avalon Ave Unit 2210 Santa Ana, CA 3.0 2.0 1325 $3,800 $2.87 44d 1 0.76mi
2243 E Santa Clara Ave Santa Ana, CA 1.0–2.0 1.0–2.0 991 $2,925 $2.95 25d 3 0.77mi
817 E Palmyra Ave Orange, CA 2.0 2.0 1656 $3,000 $1.81 22d 1 0.86mi
336 W La Veta Ave Unit D Orange, CA 2.0 2.0 1080 $2,750 $2.55 44d 1 0.86mi
408 W La Veta Ave Orange, CA 3.0 2.0 1439 $4,000 $2.78 44d 1 0.88mi
401 W La Veta Ave Orange, CA 2.0–3.0 2.0–2.5 1152 $2,595 $2.25 11d 6 0.92mi
1600 Mabury St Santa Ana, CA 3.0 2.0 1480 $3,595 $2.43 44d 1 0.92mi
850 W Town and Country Rd Orange, CA 3.0 1.0–2.0 1008 $3,775 $3.75 2d 27 0.95mi
1000 W Town and Country Rd Orange, CA 3.0 1.0–2.0 1008 $3,870 $3.84 2d 27 1.05mi
1055 W Town and Country Rd Orange, CA 1.0–3.0 1.0–2.0 1053 $3,525 $3.35 2d 5 1.07mi
301 E Jeanette Ln Santa Ana, CA 1.0–2.0 1.0–2.0 986 $3,700 $3.75 2d 11 1.12mi
1110 W Town and Country Rd Orange, CA 2.0 1.0–2.0 857 $3,864 $4.51 2d 25 1.16mi
177 E City Place Dr Santa Ana, CA 3.0 2.5 1622 $4,800 $2.96 5d 1 1.17mi
166 N Cambridge St Orange, CA 3.0 2.0 1100 $3,995 $3.63 17d 1 1.18mi
181 N Waverly St Orange, CA 3.0 2.0 1522 $4,900 $3.22 44d 1 1.20mi
2015 French St Santa Ana, CA 3.0 2.0 1482 $4,000 $2.70 22d 1 1.23mi
1235 W Town and Country Rd Orange, CA 1.0–2.0 1.0–2.0 922 $3,490 $3.78 3d 12 1.25mi
227 N Cleveland St Orange, CA 3.0 2.0 1200 $5,495 $4.58 13d 1 1.26mi
817 W Palmyra Ave Orange, CA 2.0 2.0 1656 $3,000 $1.81 21d 1 1.27mi
250 N Cleveland St Orange, CA 3.0 1.0 1280 $4,500 $3.52 19d 1 1.30mi
243 N Grand St Orange, CA 3.0 2.0 1934 $4,950 $2.56 25d 1 1.32mi
2055 N Bush St Santa Ana, CA 2.0 1.0 1467 $2,800 $1.91 13d 1 1.33mi
137 S Parker St Orange, CA 2.0 2.0 1400 $3,600 $2.57 44d 1 1.34mi
1710 E Fruit St Santa Ana, CA 3.0 2.0 2000 $4,200 $2.10 25d 1 1.34mi
268 N Grand St Orange, CA 3.0 2.0 1671 $4,795 $2.87 2d 1 1.35mi
264 N Grand St Unit 268N Orange, CA 3.0 2.0 1166 $4,995 $4.28 8d 1 1.36mi
281 N Grand St Orange, CA 3.0 2.0 1200 $3,500 $2.92 44d 1 1.36mi
306 N Shaffer St Orange, CA 3.0 2.0 1343 $5,495 $4.09 7d 1 1.38mi
126 S Batavia St Orange, CA 3.0 2.0 1200 $3,695 $3.08 4d 1 1.44mi
642 W Maple Ave Apt C Orange, CA 2.0 2.0 1115 $3,195 $2.87 11d 1 1.46mi
331 N Olive St Unit 333 Orange, CA 1.0 1.0 1100 $2,250 $2.05 20d 1 1.48mi
345 N Shattuck Pl Orange, CA 3.0 1.5 1434 $5,195 $3.62 17d 1 1.48mi
345 N Shattuck Pl Orange, CA 3.0 2.0 1421 $5,195 $3.66 13d 1 1.48mi

Listing history 29 events

  1. 2026-06-18
    days on market $299,900 Active 81 DOM
  2. 2026-06-17
    days on market $299,900 Active 80 DOM
  3. 2026-06-16
    days on market $299,900 Active 79 DOM
  4. 2026-06-15
    days on market $299,900 Active 78 DOM
  5. 2026-06-13
    days on market $299,900 Active 76 DOM
  6. 2026-06-13
    days on market $299,900 Active 75 DOM
  7. 2026-06-09
    days on market $299,900 Active 72 DOM
  8. 2026-06-08
    days on market $299,900 Active 71 DOM
  9. 2026-06-07
    days on market $299,900 Active 70 DOM
  10. 2026-06-04
    days on market $299,900 Active 67 DOM
  11. 2026-06-03
    days on market $299,900 Active 66 DOM
  12. 2026-06-02
    days on market $299,900 Active 65 DOM
  13. 2026-06-01
    days on market $299,900 Active 64 DOM
  14. 2026-05-31
    days on market $299,900 Active 63 DOM
  15. 2026-04-30
    price $299,900 1575-char remark
    Show marketing remark (1575 chars)

    Big price drop. Senior Living 55 +. Don't let the little bit of work fool you from seeing this real gem. Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier community with gorgeous man made lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. Dual-pane windows allow loads of natural light into the home and are energy efficient. Monthly lease includes water and gas. Central air conditioning, forced air heater, and a great central location within this amazing complex make this one a MUST SEE!

  16. 2026-04-18
    status Active 1575-char remark
    Show marketing remark (1575 chars)

    Big price drop. Senior Living 55 +. Don't let the little bit of work fool you from seeing this real gem. Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier community with gorgeous man made lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. Dual-pane windows allow loads of natural light into the home and are energy efficient. Monthly lease includes water and gas. Central air conditioning, forced air heater, and a great central location within this amazing complex make this one a MUST SEE!

  17. 2026-04-04
    status Pending Sale 1575-char remark
    Show marketing remark (1575 chars)

    Big price drop. Senior Living 55 +. Don't let the little bit of work fool you from seeing this real gem. Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier community with gorgeous man made lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. Dual-pane windows allow loads of natural light into the home and are energy efficient. Monthly lease includes water and gas. Central air conditioning, forced air heater, and a great central location within this amazing complex make this one a MUST SEE!

  18. 2026-03-15
    listed $329,900 Active 1575-char remark
    Show marketing remark (1575 chars)

    Big price drop. Senior Living 55 +. Don't let the little bit of work fool you from seeing this real gem. Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier community with gorgeous man made lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. Dual-pane windows allow loads of natural light into the home and are energy efficient. Monthly lease includes water and gas. Central air conditioning, forced air heater, and a great central location within this amazing complex make this one a MUST SEE!

  19. 2026-03-06
    historical $329,900 1575-char remark
    Show marketing remark (1575 chars)

    Big price drop. Senior Living 55 +. Don't let the little bit of work fool you from seeing this real gem. Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier community with gorgeous man made lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. Dual-pane windows allow loads of natural light into the home and are energy efficient. Monthly lease includes water and gas. Central air conditioning, forced air heater, and a great central location within this amazing complex make this one a MUST SEE!

  20. 2017-10-31
    soldstatus $234,000 Closed Sale 1490-char remark
    Show marketing remark (1490 chars)

    Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier 55+ community with gorgeous lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area with wet bar and glass shelving. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. New dual-pane windows allow loads of natural light into the home and are energy efficient. Central air conditioning, newer forced air heater, fresh interior paint and a great central location within this amazing complex make this one a MUST SEE!

  21. 2017-10-14
    status Pending Sale 1490-char remark
    Show marketing remark (1490 chars)

    Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier 55+ community with gorgeous lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area with wet bar and glass shelving. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. New dual-pane windows allow loads of natural light into the home and are energy efficient. Central air conditioning, newer forced air heater, fresh interior paint and a great central location within this amazing complex make this one a MUST SEE!

  22. 2017-09-20
    historical Active Under Contract 1490-char remark
    Show marketing remark (1490 chars)

    Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier 55+ community with gorgeous lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area with wet bar and glass shelving. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. New dual-pane windows allow loads of natural light into the home and are energy efficient. Central air conditioning, newer forced air heater, fresh interior paint and a great central location within this amazing complex make this one a MUST SEE!

  23. 2017-07-17
    price $234,000 1490-char remark
    Show marketing remark (1490 chars)

    Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier 55+ community with gorgeous lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area with wet bar and glass shelving. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. New dual-pane windows allow loads of natural light into the home and are energy efficient. Central air conditioning, newer forced air heater, fresh interior paint and a great central location within this amazing complex make this one a MUST SEE!

  24. 2017-05-23
    status Active 1490-char remark
    Show marketing remark (1490 chars)

    Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier 55+ community with gorgeous lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area with wet bar and glass shelving. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. New dual-pane windows allow loads of natural light into the home and are energy efficient. Central air conditioning, newer forced air heater, fresh interior paint and a great central location within this amazing complex make this one a MUST SEE!

  25. 2017-05-22
    historical Active Under Contract 1490-char remark
    Show marketing remark (1490 chars)

    Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier 55+ community with gorgeous lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area with wet bar and glass shelving. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. New dual-pane windows allow loads of natural light into the home and are energy efficient. Central air conditioning, newer forced air heater, fresh interior paint and a great central location within this amazing complex make this one a MUST SEE!

  26. 2017-05-02
    listed $249,000 Active 1490-char remark
    Show marketing remark (1490 chars)

    Wonderful 2 bedroom, 2 bathroom home in the highly sought after Lake Park Santa Ana community! Enjoy this premier 55+ community with gorgeous lake, community room, pool, spa, activities and meandering walkways! This home has great curb appeal with brick driveway and brick accented hardscape plus beautiful landscape. With approximately 1578 square feet of living area, the open floor plan is perfect for all of your needs. The living room with vaulted beamed ceiling and built-in entertainment area has double doors that lead to a WONDERFUL rear covered patio. .. the perfect spot for morning coffee or dining al fresco! The large kitchen with breakfast bar, double sink and pantry, has an adjacent formal dining area with wet bar and glass shelving. The master bedroom has an attached full bath with oval soaking tub and separate walk in shower. The guest room is adjacent to the former atrium which has been converted to an expanded indoor space. .. a wonderful place for home office/crafting or reading corner! The guest bath offers a large enclosed shower. A convenient indoor laundry room with sink & utility closet has plenty of extra storage. The attached 2-car garage with roll up door allows for easy access to unload groceries. New dual-pane windows allow loads of natural light into the home and are energy efficient. Central air conditioning, newer forced air heater, fresh interior paint and a great central location within this amazing complex make this one a MUST SEE!

  27. 2012-11-09
    soldstatus $130,000 Closed
  28. 2012-10-12
    status Pending
  29. 2012-08-11
    listed $139,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 6/10 Major 7 d/yr ≥92°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$43,932
− Mortgage interest
−$16,799
− Property taxes
−$4,498
− Insurance
−$1,500
− Repairs & maintenance
−$3,515
− Management
−$3,515
− Depreciation
−$8,724
Taxable income
$5,381
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,292
After-tax cash flow
$8,544/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Orange Unified
NCES district ID
0628650
Math proficiency
39% ▼ -6.00%
Reading proficiency
60% ▲ 3.00%
Median HH income
$83,557
Composite
45.5/100
National rank
#2609
State rank
#127 of 517 in CA

Livability — Santa Ana

Score
55/100
State rank
#871
US rank
#23502

Category grades

Amenities F Commute F Cost of living F Crime D- Employment A Housing B- Health & safety F User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Santa Ana, CA
County
Orange County · 3,096,323 people
City population
288,255
Metro
Los Angeles-Long Beach-Anaheim, CA
Population (ZIP)
48,781
Household income
$129,331
Rent vs Own
38.7% rent · 61.3% own
Severe rent burden
1962.0

Population outlook (Orange County) Hauer SSP2

Today (2025)
3,477,456 people
By 2030
3,613,117 · +3.9%
By 2040
3,835,945 · +10.3%
By 2050
3,968,736 · +14.1%
By 2075
4,097,053 · +17.8%
By 2100
3,903,633 · +12.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
Hispanic / Latino 48% White 34% Two or more races 17% Asian 11% Black 1%
Hispanic origin (detail)
Mexican 42%
Common ancestry
Lithuanian 2% Italian 1% Romanian 1%
Foreign-born
25% · Canada, Vietnam, China
Languages at home
53% English-only · Spanish 36% Other Indo-European 3% Chinese 2%

Political lean MEDSL · Orange

2024 margin
Toss-up / Even · D 49.7% · R 47.1% · Other 3.2%
2008→2024 swing
+5.2pp toward D · 2008: -2.6pp · 2024: 2.6pp
All cycles
2024: D+2.6 2020: D+9.0 2016: D+7.7 2012: R+8.3 2008: R+2.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -831.43%
Current HPI
453.5303
Rent YoY
▲ 3.72%
Metro
Los Angeles-Long Beach-Anaheim, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+114.4% since first listed
15 events — show timeline
  • 2026-04-30 Price Changed $299,900 CRMLS
  • 2026-04-18 Relisted CRMLS
  • 2026-04-04 Pending CRMLS
  • 2026-03-15 Listed $329,900 CRMLS
  • 2026-03-06 Coming Soon $329,900 CRMLS
  • 2017-10-31 Sold (MLS) $234,000 CRMLS
  • 2017-10-14 Pending CRMLS
  • 2017-09-20 Contingent CRMLS
  • 2017-07-17 Price Changed $234,000 CRMLS
  • 2017-05-23 Relisted CRMLS
  • 2017-05-22 Contingent CRMLS
  • 2017-05-02 Listed $249,000 CRMLS
  • 2012-11-09 Sold (MLS) $130,000 CRMLS
  • 2012-10-12 Pending CRMLS
  • 2012-08-11 Listed $139,900 CRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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