Orange: La Veta Monterey Condos
There’s been a flurry of action in La Veta Monterey condos. A few sold in July and many more are on the market. What’s this complex have to offer? Well, the location is ideal for many… near St. Joseph Hospital, CHOC, the 22 freeway, and the 5 freeway. The complex has two pools (one that is saltwater), a partial basketball court, clubhouse, laundry facilities, and a playground for the little ones. What’s this complex got going against it? Well, the HOA dues for a one-bedroom are $245 and $280 for a two-bedroom. It’s also in a “moderately” desirable area, on the border of Santa Ana and Mainplace Mall. The one-bedrooms on the market are priced pretty fairly, although I’d still offer lower. Meanwhile, some of the two-bedrooms seem to be out of the ball park with only a couple that are priced competitively. See below for details.
(Photo courtesy GoogleMaps)
Sold:
Unit P13; 1 bed/1 bath; 596 sq ft; sold for $156,000 on Jul 17, 2008
Unit G6; 2 bed/2 bath; 944 sq ft; sold for $211,650 on Jul 15, 2008
Unit T6; 2 bed/2 bath; 944 sq ft; sold (or foreclosed) for $180,400 on Jul 16, 2008; now listed for $245,000
On the Market:
Unit O9; 1 bed/1 bath; 650 sq ft; listed for $154,900 on Jul 30, 2008
Unit O15; 1 bed/1 bath; 650 sq ft; listed for $140,000 (down from $165,000) on Jun 19, 2008
Unit O16; 1 bed/1 bath; 653 sq ft; listed for $159,900 in late May 2008
Unit A12; 2 bed/2 bath; 990 sq ft; listed for $269,900 on Jun 2, 2008
Unit R1; 2 bed/2 bath; 943 sq ft; listed for $249,000 (down from $269,000) on May 13, 2008
Unit F2; 2 bed/2 bath; 989 sq ft; listed for $200,00 (down from $260,000) on Jul 23, 2008
Unit C6; 2 bed/2 bath; 990 sq ft; listed for $245,500 on Jul 25, 2008
Unit M6; 2 bed/2 bath; 990 sq ft; listed for $265,000 on May 11, 2008
