1042 W Mcfadden Avenue, Santa Ana, California 92707, Santa Ana, 92707 - 5 bed, 4 bath
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1042 W Mcfadden Avenue
Santa Ana, California 92707
ACTIVE
CONDITION: GOOD
5Beds
4Baths
3,649Sq Ft
10,000Lot Size
Property Price
LIST PRICE$1,295,000
EST. MARKET VALUE
$1,428,438
9% BelowMARKET VALUE
SUMMARY
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $1,295,000—positioned well below the $1,428,438 Fair Market Value by 9%. This valuation gap provides $133,438 in Instant Equity for the buyer. Featuring a 3,649 sqft layout with a 10,000 sqft lot and Condition Rating 3, the home offers modern kitchen upgrades and central HVAC. While school ratings vary, the property’s size and versatility make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking significant space in Santa Ana.
Estimated Market Value
$1,428,438+$133,438 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Ana.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1042 W Mcfadden Avenue Subject | $1,295,000* List Price | 5 | 4 | 3,649 | $391 | - |
A 1128 S Parton Sold | $980,000 | 4 | 3 | 2,248 | $436 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1945, the property has been significantly updated with a modern kitchen featuring white shaker cabinets and stone countertops, new luxury vinyl plank flooring, and recessed lighting. The presence of central HVAC and the overall clean, move-in ready condition of the interior and exterior suggest a renovation within the 5-15 year range, though some bathroom fixtures and tile work appear slightly more dated.
PROSSTRENGTHS & OPPORTUNITIES
- Substantial Living Space
Boasting approximately 3,649 square feet with five bedrooms, this home offers a rare level of interior space and versatility, including a desirable main-floor primary suite perfect for multi-generational living.
- Expansive Lot Size
The 10,000-square-foot lot is significantly larger than average for the area, providing ample room for a private garden, outdoor entertainment, or the potential addition of an Accessory Dwelling Unit (ADU).
- Modern Infrastructure Upgrades
Despite its 1945 origins, the property includes essential modern comforts such as central air conditioning, gated parking, and an indoor laundry room, enhancing its daily functionality.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-06-09. The sold price is $1,000,000.00.
- Local School Ratings
The property is served by schools with lower performance ratings, such as Lathrop Intermediate (2/10) and Santa Ana High (3/10), which may be a concern for education-focused buyers.
- Vintage Property Maintenance
Built in 1945, the home's age may require a more rigorous maintenance schedule or future capital investments to update older structural or mechanical systems compared to newer constructions.
About 1042 W Mcfadden Avenue
Discover space, versatility, and opportunity at 1042 W McFadden Ave, an impressive 5-bedroom, 3.5-bath home offering around 3,649 square feet of living space on an expansive 10,000-square-foot lot in Santa Ana. This flexible two-story layout features two main-level bedrooms, including a primary suite with a walk-in closet, ideal for easy living. Upstairs, three additional bedrooms provide privacy, making it perfect for extended family, guests, or home offices. The generous living and family areas are perfect for entertaining and creating lasting memories, while a fireplace adds warmth to the family room. Enjoy central air conditioning, an indoor laundry room, and plenty of interior space for comfort. The outdoor 10,000-square-foot lot offers endless potential for a private retreat, entertainment area, or garden. Gated parking, a private driveway, and a two-car garage enhance convenience. Located near Santa Ana’s best parks, cultural attractions, dining options, and the vibrant downtown area, this home provides easy access to shopping, employment centers, and major roadways. With plenty of space and a central location, 1042 W McFadden Ave is a rare opportunity to create a home tailored to your lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 10,000 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Ana Unified Schools
Martin Elementary School
Grades K-5 • 0.3 mi
5/10
Pio Pico Elementary School
Grades K-5 • 0.3 mi
4/10
Martin Luther King Jr. Elementary School
Grades K-5 • 0.4 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,649 | 1,531.136 |
| Lot Size | 10,000 | 6,702.356 |
| Price | $1.29M | $1.07M |
| Price per sq ft | $355 | $690 |
| Built year | 1945 | 1958 |
| HOA | $0 | $236 |
| Days on market | 26 | 51 |
Pricing History
Listed for Sale
Aug 14, 2026
$1,295,000
Initial Listing
Sold
Jun 9, 2026
$1,000,000
Public Record