
Santa Ana, California 92703
This High-Potential Investment Opportunity is a Dual-Unit Residential Asset listed at $1,295,000—positioned well below the $1,362,564 Fair Market Value by 4%. This valuation gap offers $67,564 in Instant Equity. Featuring an Excellent Condition Rating with a fully rebuilt main home and a brand-new 2026 ADU, the property provides significant rental income potential. With RV access and parking for 10 vehicles, this is an ideal acquisition for Buy-and-Hold Investors or multi-generational households seeking a turnkey, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1050 W Chestnut Subject | $1,295,000* List Price | 0 | 0 | 2,016 | $677 | - |
A 1431 Raymar Sold | $925,000 | 4 | 2 | 1,238 | $747 | 0.5 mi |
B 1112 N Lowell Sold | $1,185,000 | 3 | 2 | 1,641 | $722 | 0.9 mi |
C 1147 W 10th Sold | $1,175,000 | 3 | 2 | 1,513 | $777 | 0.8 mi |
D 1107 N Towner Sold | $1,188,500 | 3 | 2 | 1,538 | $773 | 0.9 mi |
E 408 S Flower Street Active | $999,999 List Price | 4 | 3 | 1,722 | $581 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property qualifies as excellent due to a brand-new 2026 ground-up ADU and a front residence that has been completely gutted and rebuilt. Both units feature mint-condition kitchens with quartz countertops and shaker cabinetry, modern bathrooms, updated electrical systems, ductless HVAC, and new solar panels, requiring zero maintenance.
The property features two separate residences—a rebuilt main home and a brand-new 2026 ADU—offering a high estimated rental income of $8,000 per month, perfect for investors or multi-generational families.
Situated on an expansive 8,400+ sq. ft. lot, the property provides rare RV access and off-street parking for up to 10 vehicles, a significant premium for the Santa Ana area.
Both homes are move-in ready with contemporary finishes, ductless HVAC systems, and fully paid-off solar panels for the ADU, ensuring low maintenance and reduced utility costs.
The property listing explicitly notes there are no views, which may limit its appeal to buyers prioritizing a scenic or elevated outlook.
Located in a busy part of Santa Ana, the property may experience higher neighborhood density and noise levels compared to more secluded suburban subdivisions.
INCREDIBLE OPPORTUNITY TO OWN 2 HOMES ON ONE EXPANSIVE 8,400+ SQ. FT. LOT IN SANTA ANA - LIVE IN ONE AND RENT THE OTHER! Featuring RV access and parking for up to 10 vehicles, this exceptional property includes a completely rebuilt and remodeled front residence, plus a brand-new, ground-up 2026 ADU. With estimated combined monthly rental income of approximately $8,000, this is an outstanding opportunity for investors, 1031 exchange buyers, multi-generational households, extended families or buyers seeking additional income. The front residence offers 3 bedrooms, 2 bathrooms, approximately 1,016 sq. ft. of living space, and impressive 9-foot ceilings. Completely gutted and rebuilt from the inside out, it features modern finishes, updated systems, ductless heating and air conditioning and the comfort and functionality of a beautifully renovated home. The brand-new rear ADU features 2 generously sized bedrooms, 1 bathroom, approximately 1,000 sq. ft. of living space and dramatic ceilings exceeding 10 feet, creating a bright, open, and spacious living environment. The open-concept interior showcases abundant natural light, recessed lighting, contemporary flooring and a stylish kitchen with quartz countertops, shaker cabinetry, stainless steel appliances and a large center island. Each residence enjoys its own private outdoor space, providing valuable separation, privacy and flexibility. The rare oversized lot also offers an expansive backyard, RV access, and parking for up to 10 vehicles - exceptional features for a two-home property. Additional highlights include fully paid-off solar panels serving the rear residence, ductless heating and air conditioning in both homes, low-maintenance desert landscaping, and integrated Ring security systems for added convenience and peace of mind. With approximately 2,016 sq. ft. of combined living space, a total of 5 bedrooms and 3 bathrooms, this distinctive property offers two move-in-ready homes, excellent rental potential, and multiple living possibilities - all conveniently located near schools, shopping, dining, parks and major transportation routes. A rare opportunity to own two exceptional homes on one large lot in the heart of Santa Ana!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,016 | 1,531.136 |
| Lot Size | 8,432 | 6,702.356 |
| Price | $1.29M | $1.07M |
| Price per sq ft | $642 | $690 |
| Built year | 2026 | 1958 |
| HOA | $0 | $236 |
| Days on market | 41 | 51 |
Jul 30, 2026
$1,295,000
Initial Listing
May 13, 2024
$600,000
Public Record
Aug 31, 2022
$520,000
Public Record