
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 | 2 | 1 | 901 | $920 | - |
A 1410 S Olive Sold | $835,000 | 2 | 1 | 876 | $953 | 0.3 mi |
B 1817 S Van Ness Sold | $820,000 | 3 | 1 | 1,077 | $761 | 0.6 mi |
C 1231 S Baker Sold | $850,000 | 3 | 1 | 1,107 | $768 | 0.4 mi |
D 1341 S Towner Active Under Contract | $795,000 List Price | 2 | 1 | 828 | $960 | 0.3 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.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 901 | 1,371 | 11% |
| Lot Size | 6,191 | 6,199.5 | 50% |
| Price | $975.0K | $884.5K | 64% |
| Price per sq ft | $1.1K | $713 | 97% |
| Built year | 1930 | 1949 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 145 | 6% |
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