
Santa Ana, California 92707
Analysis of 1042 W Mcfadden, Santa Ana, California 92707 is currently available with a list price of $1,139,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is in a state of significant disrepair and requires substantial rehabilitation. Interior images reveal extremely stained and worn carpeting, unfinished drywall patches, and dated, damaged bathroom vanities. While the kitchen features some previous updates like granite countertops and dark cabinetry, the overall condition shows heavy wear and deferred maintenance, consistent with the listing's 'as-is' status and call for contractors.
With five bedrooms, four bathrooms, and living areas on both levels, the versatile floor plan is perfectly suited for large families or multi-generational living arrangements.
The property sits on a rare 10,000-square-foot oversized lot, offering significant space for outdoor entertaining, landscaping, or the potential addition of an ADU.
At 3,649 square feet, this home provides a much larger interior footprint than the average neighborhood residence, offering a massive canvas for a high-value custom renovation.
The property is sold in 'as-is' condition and requires substantial TLC, meaning buyers will need a significant budget and a contractor to address deferred maintenance and modernization.
Built in 1945, the home's core systems—such as electrical, plumbing, and HVAC—may require costly updates to meet modern building codes and efficiency standards.
Calling all visionaries! This spacious two-story home offers the perfect canvas for a custom renovation designed for multi-generational living. The versatile floor plan features generous living areas on both levels, providing the separation and privacy needed for extended family, with two bedrooms on the first level including the primary suite with walk-in closet, and three additional guest bedrooms on the second level. With a little TLC, you can transform this space into your own modern masterpiece. Situated on an oversized lot with plenty of room for outdoor entertaining, this is a rare opportunity to build equity while creating a forever home that fits everyone under one roof. Sold as-is, bring your contractor and your imagination!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 3,649 | 1,348.5 | 94% |
| Lot Size | 10,000 | 6,382 | 94% |
| Price | $1.14M | $881.0K | 79% |
| Price per sq ft | $312 | $704 | 6% |
| Built year | 1945 | 1952 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 173 | 3% |
Apr 16, 2026
$1,139,000
$1,169,000
-3% Price Drop
Initial Listing
Apr 8, 2026
$1,169,000
$1,220,000
-4% Price Drop
Initial Listing
Apr 2, 2026
$1,220,000
$1,270,000
-4% Price Drop
Initial Listing
Mar 30, 2026
$1,270,000
Initial Listing