1020 N Raitt, Santa Ana, California 92703, Santa Ana, 92703 - 3 bed, 2 bath

1020 N Raitt, Santa Ana, California 92703 home-pic-0

1020 N Raitt

Santa Ana, California 92703

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,190Sq Ft
6,475Lot Size

Property Price

LIST PRICE$881,000
EST. MARKET VALUE
$859,005

SUMMARY

Analysis of 1020 N Raitt, Santa Ana, California 92703 reveals a Fairly Priced Property with a current list price of $881,000  aligned with the estimated $859,005 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Ana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$859,005
Based on Realkey algorithm analyzing recent comparable sales in Santa Ana.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1020 N Raitt
Subject
$881,000*
List Price
321,190$722-
A
825 N Raitt Street
Sold
$810,000331,300$6230.1 mi
B
413 S Poplar
Sold
$899,000321,233$7290.9 mi
C
1026 W 3rd Street
Sold
$775,000321,050$7381.0 mi
D
518 S Forest Avenue
Sold
$885,000321,275$6941.0 mi
E
2142 W 11th Street
Sold
$900,000431,663$5410.4 mi
F
1205 English Street
Active Under Contract
$939,000
List Price
321,252$7500.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone an extensive recent renovation within the last 5 years, featuring a new roof, upgraded flooring, and a fully modernized kitchen with quartz countertops and industrial-style appliances. The open-concept layout and updated bathrooms indicate that all major components meet current quality standards with no deferred maintenance, despite the original 1947 build date.

PROSSTRENGTHS & OPPORTUNITIES

  • Modernized Interior & Key Systems

    The home features significant recent upgrades including a new roof, upgraded flooring, and a contemporary kitchen with quartz countertops and industrial-grade appliances, offering a move-in-ready experience.

  • Ample Parking & Lot Utility

    With a detached garage, a long driveway for multiple vehicles, and a spacious 6,475 sq. ft. lot featuring a mature Longan tree, the property provides excellent outdoor utility and privacy.

  • Prime Commercial Proximity

    Situated within walking distance or a short drive to major retail and dining hubs like Target, In-N-Out, and Raising Cane’s, the location offers exceptional convenience for daily needs.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1190, other record living area = 1130.

  • Vintage Infrastructure

    Originally built in 1947, the property may have aged underlying plumbing or electrical systems typical of mid-century homes that were not explicitly noted as modernized.

  • Local School Ratings

    The assigned elementary and middle schools carry lower performance ratings (3 and 2 respectively), which may be a consideration for families prioritizing public education metrics.

About 1020 N Raitt

Charming 3-bedroom, 2-bath home featuring upgraded flooring, new roof, and an open-concept layout. Modern kitchen with quartz countertops and an industrial-style refrigerator. Bright, airy living spaces throughout. Spacious backyard with a Longan tree — perfect for relaxing or entertaining. Detached garage and a long driveway for ample parking. Conveniently located near Target, In-N-Out Burger, McDonald’s, Raising Cane’s, Better Buzz, and more popular dining options coming soon!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1947
Lot Size
6,475 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Santa Ana Unified Schools

Fremont Elementary School

Grades K-5 • 0.2 mi

3/10

Lydia Romero-Cruz Elementary School

Grades K-5 • 0.7 mi

3/10

Riverdale Elementary School

Grades K-6 • 1.2 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,1901,275
38%
Lot Size6,4756,475
50%
Price$881.0K$815.0K
62%
Price per sq ft$740$632
74%
Built year19471952
31%
HOA$0$0
50%
Days on market14169
3%

Pricing History

Listed for Sale

Feb 21, 2026

$881,000

Initial Listing

Sold

Jan 20, 2022

$675,000

Public Record

Sold

Jan 29, 2018

$365,000

Public Record

Sold

Aug 25, 2009

$272,000

Public Record

Sold

Apr 8, 2005

$505,000

Public Record

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