
Santa Ana, California 92707
This High-Potential Investment Opportunity is listed at $975,000, which sits above the $828,589 Fair Market Value. While the price reflects a premium, the property offers significant income-generating utility through its detached 1-bedroom ADU and potential for a second unit. Featuring a Condition Rating of 2, the home includes modern upgrades like solar panels and a remodeled kitchen. Its location in a walkable neighborhood near major transit hubs makes it a strategic asset for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1205 S Flower Subject | $975,000* List Price | 3 | 2 | 1,301 | $725 | - |
A 1119 Magnolia Sold | $940,000 | 3 | 2 | 1,450 | $648 | 0.4 mi |
B 1207 S Van Ness Sold | $1,080,000 | 4 | 2 | 1,465 | $737 | 0.2 mi |
C 1311 Oak Sold | $892,000 | 3 | 2 | 1,296 | $688 | 0.8 mi |
D 502 E Russell Sold | $920,000 | 3 | 2 | 1,071 | $859 | 0.7 mi |
E 1221 Carlton Sold | $890,000 | 3 | 2 | 1,233 | $722 | 0.8 mi |
F 1808 S Van Ness Avenue Sold | $855,000 | 3 | 2 | 1,187 | $720 | 0.6 mi |
G 1442 S Van Ness Sold | $780,000 | 2 | 1 | 1,082 | $721 | 0.4 mi |
H 1229 S Flower Active | $998,000 List Price | 3 | 2 | 1,487 | $671 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1930, the property has undergone a comprehensive renovation within the last 5 years. The kitchen and bathrooms feature modern cabinetry, quartz countertops, and stainless steel appliances. Key systems have been updated, including the installation of central HVAC, a newer roof, and solar panels, meeting the criteria for a high-quality, move-in ready renovation.
The property includes a detached 1-bedroom ADU and offers the rare potential to build a second ADU on the spacious lot, providing significant rental income opportunities or multigenerational living flexibility.
Equipped with solar panels, a newer roof, and central AC/heat, this home blends 1930s bungalow charm with modern efficiency to ensure low utility costs and long-term structural reliability.
Located in the historic Wilshire Square neighborhood with a high Walk Score of 74, the property is minutes from Downtown Santa Ana, South Coast Plaza, and major transit hubs, enhancing its desirability.
With a list price of $999,000 for a 901-square-foot main residence, the property sits at a premium price point that may challenge appraisals or limit the pool of entry-level buyers.
The main house features only one bathroom shared between two bedrooms, which may be a drawback for modern families or buyers seeking a dedicated primary suite.
Stylishly Upgraded Santa Ana Bungalow with Massive Income Potential and Solar Panels! This thoughtfully renovated single-story property features a 2 bedroom, 1-bathroom main home alongside a detached 1-bedroom, 1-bathroom ADU, perfectly blending timeless charm with modern, eco-friendly upgrades for multigenerational living or rental income. Inside the main house, you will find a light-filled living space, updated flooring, and a beautifully remodeled kitchen complete with newer counters, upgraded cabinetry, and a functional island. The fully refreshed bathroom sits directly in between the two comfortably sized bedrooms for ultimate convenience. Outside, the low-maintenance, mostly paved backyard includes solar panels to keep utility costs low and offers unique investment flexibility with the potential to build a second ADU. Lovingly upgraded and not a flip, the property features a newer roof and a secure fence. This property is located in the Wilshire Square neighborhood, which is the 7th most walkable neighborhood in Santa Ana with a neighborhood Walk Score of 74. This gem offers easy parking and is located under 10-15 minutes from Downtown Santa Ana, South Coast Plaza, and John Wayne Airport, and less than 20 minutes from Disneyland and Newport Beach. Main House is 901 sqft and ADU is 400 sqft aprox.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.4 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,301 | 1,505 |
| Lot Size | 6,191 | 6,834.5 |
| Price | $975.0K | $1.05M |
| Price per sq ft | $749 | $672 |
| Built year | 1930 | 1957 |
| HOA | $0 | $215 |
| Days on market | 53 | 50 |
Jun 1, 2026
$975,000
Initial Listing
May 30, 2026
$999,000
Initial Listing
Jul 15, 2008
$255,000
Public Record
May 11, 2005
$475,000
Public Record
Jul 25, 2003
$280,000
Public Record