1507 South Raitt, Santa Ana, CA 92704
1507 South Raitt, Santa Ana, CA 92704
Property Description
Welcome to Santiago Springs! This charming 424 sq. ft. studio condo is a great opportunity to own in Orange County while enjoying the convenience of low-maintenance living in a gated community. Ideally situated in a desirable lower-level corner location, this end unit offers added privacy and is just a short stroll from the community pool and spa. The thoughtfully designed studio floor plan makes efficient use of the space and features an in-unit stackable washer and dryer, wall-unit heating and air conditioning, additional interior storage, and a private balcony, perfect for enjoying Southern California’s year-round weather. One assigned covered carport is included, with additional parking available throughout the community. The interior is ready for its new owner to bring their personal style and make the space their own. Santiago Springs is known for its lush, beautifully maintained grounds, peaceful atmosphere, and picturesque water features throughout the community. Shopping, dining, recreation, and everyday conveniences are all close by, with South Coast Plaza and the South Coast Metro area just minutes away. Centennial Park and Mile Square Regional Park provide plenty of options for outdoor recreation, while John Wayne Airport and the 405 and 55 freeways are also conveniently accessible. Whether you’re a first-time buyer, looking to simplify your lifestyle, or considering an investment opportunity, this well-located studio offers an appealing combination of privacy, convenience, community amenities, and an opportunity to make homeownership in Orange County a reality.
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Santa Ana · Condominium
Listed 19.2% below the median closed sale of $380,000. Price per sqft ($724) is a 14% premium to closed comps ($635).
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1040 Macarthur Boulevard | Santa Ana | 1970 | 0 | 1 | 468 | 255,418 | $641 | $299,900 | 34 | 81 |
| 1505 Raitt Street | Santa Ana | 1982 | 1 | 1 | 624 | 60,975 | $623 | $389,000 | 27 | 80 |
| 1030 Macarthur | Santa Ana | 1969 | 1 | 1 | 504 | 227,330 | $704 | $355,000 | 60 | 77 |
| 1030 MacArthur Boulevard | Santa Ana | 1969 | 0 | 1 | 504 | 227,330 | $673 | $339,000 | 73 | 77 |
| 801 Lyon | Santa Ana | 1972 | 1 | 1 | 620 | 0 | $468 | $289,900 | 32 | 75 |
| Total: 5 · Average | 0.6 | 1.0 | 544 | 192,763.25 | $621.8 | $334,560 | 45.2 | |||
| Median | 504 | $339,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1345 Cabrillo Park | Santa Ana | 1976 | 09/18/2026 | 1 | 1 | 492 | 475,139 | $350,000 | $342,000 | $695 | 0.98 | 228 | 81 |
| 2815 Fairview | Santa Ana | 1974 | 10/06/2026 | 1 | 1 | 621 | 0 | $379,900 | $379,900 | $612 | 1.00 | 33 | 76 |
| 627 Bristol | Santa Ana | 1979 | 07/28/2026 | 1 | 1 | 630 | 149,695 | $390,000 | $380,000 | $603 | 0.97 | 60 | 73 |
| 2819 Fairview | Santa Ana | 1974 | 09/24/2026 | 1 | 1 | 621 | 512,958 | $389,000 | $380,000 | $612 | 0.98 | 146 | 71 |
| 2841 Fairview | Santa Ana | 1974 | 08/13/2026 | 1 | 1 | 621 | 512,958 | $400,000 | $405,000 | $652 | 1.01 | 78 | 71 |
| Total: 5 · Average | 1.0 | 1.0 | 597 | 412,687.5 | $377,380 | $377,380 | $634.8 | — | 109 | ||||
| Median | 621 | $380,000 | $380,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.