
Santa Ana, California 92704
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned above the $813,628 Fair Market Value. While the property currently lacks instant equity, its Fair Condition Rating and 6,578-square-foot lot provide a clear path for value-add renovations. The tenant-occupied status offers immediate rental income, though restricted access requires a strategic approach to due diligence. This is a long-term asset ideal for Buy-and-Hold Investors or experienced renovators looking to capitalize on the central Orange County location near Mile Square Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1213 S Corta Drive Subject | $899,000* List Price | 3 | 2 | 1,242 | $655 | - |
A 3621 W Crystal Ln. Sold | $850,000 | 3 | 1 | 1,059 | $803 | 0.9 mi |
B 4512 W Watkins Way Sold | $885,000 | 3 | 2 | 1,128 | $785 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 (67 years old) with no evidence of recent renovations and last sold over 30 years ago. Marketed as an investor opportunity with limited access and visible deferred exterior maintenance, suggesting the kitchen, baths, and major systems (HVAC/Electric) likely require a full rehab to meet modern standards.
Situated in a desirable Santa Ana neighborhood near Mile Square Park, this property offers excellent proximity to schools, shopping, dining, and major freeways in central Orange County.
The property features a spacious 6,578-square-foot lot, providing ample space for potential expansions, ADU possibilities, or enhanced outdoor living areas.
As a tenant-occupied residence, this property presents a turnkey opportunity for investors seeking long-term value and immediate rental income in a high-demand area.
The 'do not disturb tenants' requirement and limited showing availability pose significant challenges for thorough inspections and traditional buyer due diligence.
Buyers must navigate the complexities of tenant occupancy and verify local/state requirements regarding possession, which may delay move-in for owner-users.
DO NOT DISTURB TENANTS. Tenant-occupied property in a desirable Santa Ana location near Mile Square Park. 1213 S Corta Dr offers a great opportunity for investors, owner-users, or buyers looking for long-term value in central Orange County. Property is currently occupied, and showings/access may be limited. Buyer to verify all information, occupancy status, rents, leases, and any local/state requirements regarding possession. Conveniently located near parks, schools, shopping, dining, and major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,242 | 1,531.136 |
| Lot Size | 6,578 | 6,702.356 |
| Price | $899.0K | $1.07M |
| Price per sq ft | $724 | $690 |
| Built year | 1959 | 1958 |
| HOA | $0 | $236 |
| Days on market | 49 | 51 |
Jul 22, 2026
$899,000
Initial Listing
Sep 21, 1993
$163,000
Public Record