1246 S Baker Street, Santa Ana, California 92707, Santa Ana, 92707 - 5 bed, 4 bath
ACTIVE$1,269,000
1246 S Baker Street, Santa Ana, California 92707
5Beds
4Baths
2,107Sqft
8,198Lot
Price Vs. Estimate
The estimated value ($1,269,000) is $0 (0%) lower than the list price ($1,269,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Rental Income Potential: Generates a substantial $6,650/month in consistent rental income from both the main home and the ADU, offering immediate cash flow.
Top Cons:
As-Is Sale Condition: The property is being sold 'As-Is,' indicating potential for required repairs or upgrades, particularly for the older main residence.
Compared to the nearby listings
Price:$1.27M vs avg $871.5K (+$397,500)91%
Size:2,107 sqft vs avg 1,400 sqft91%
Price/sqft:$602 vs avg $65929%
More Insights
Built in 1947 (78 years old).
Condition: This property features two distinct units. The newly built 1,000 sq. ft. ADU is in excellent condition, boasting modern gray shaker cabinets, white subway tile backsplash, white countertops, new wood-look laminate flooring, and recessed lighting. It is virtually new and meets current quality standards. The main house, built in 1947, while older, appears well-maintained. It has updated wood-look laminate flooring and fresh paint throughout. The kitchen in the main house features older wood cabinets and laminate countertops, and the bathrooms have dated vanities and tile. However, both the kitchen and bathrooms appear clean and functional, not requiring immediate critical repairs, though they would benefit from cosmetic updates to meet modern tastes. The overall property is move-in ready, with the excellent ADU significantly contributing to its quality, balancing the dated but functional main residence.
Year Built
1947
Close
-
List price
$1.27M
Original List price
$1.34M
Price/Sqft
$602
HOA
-
Days on market
-
Sold On
-
MLS number
OC25074239
Home ConditionGood
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
Income-Generating Property – Selling As-Is! Total Rental Income: $6,650/Month Exceptional investment opportunity featuring a newly built 1,000 sq. ft. ADU with paid-off solar panels and central air conditioning, offering modern, energy-efficient living and strong passive income potential. Property Highlights: • Main Home + ADU generating $6,650/month in consistent rental income • Separate water meters and utilities for simplified management • Desirable location near Mater Dei High School and Santa Ana College • Ideal for families, students, professionals, or multi-generational living • Flexible use for owner-occupants or investors seeking long-term returns Whether you're looking for a turnkey rental or a sustainable housing solution, this property checks all the boxes. Don’t wait—schedule a showing today!
Nearby schools
5/10
Martin Elementary School
Public,•K-5•0.3mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•0.3mi
4/10
Jose Sepulveda Elementary School
Public,•K-5•0.5mi
4/10
Pio Pico Elementary School
Public,•K-5•0.6mi
5/10
Diamond Elementary School
Public,•K-5•0.9mi
4/10
Monte Vista Elementary School
Public,•K-5•1.0mi
3/10
Gerald P. Carr Intermediate School
Public,•6-8•0.8mi
2/10
Julia C. Lathrop Intermediate School
Public,•6-8•0.8mi
3/10
Santa Ana High School
Public,•9-12•1.1mi
4/10
Valley High School
Public,•9-12•1.2mi
6/10
Saddleback High School
Public,•7-12•1.6mi
Condition Rating
Good
This property features two distinct units. The newly built 1,000 sq. ft. ADU is in excellent condition, boasting modern gray shaker cabinets, white subway tile backsplash, white countertops, new wood-look laminate flooring, and recessed lighting. It is virtually new and meets current quality standards. The main house, built in 1947, while older, appears well-maintained. It has updated wood-look laminate flooring and fresh paint throughout. The kitchen in the main house features older wood cabinets and laminate countertops, and the bathrooms have dated vanities and tile. However, both the kitchen and bathrooms appear clean and functional, not requiring immediate critical repairs, though they would benefit from cosmetic updates to meet modern tastes. The overall property is move-in ready, with the excellent ADU significantly contributing to its quality, balancing the dated but functional main residence.
Pros & Cons
Pros
High Rental Income Potential: Generates a substantial $6,650/month in consistent rental income from both the main home and the ADU, offering immediate cash flow.
Modern, Energy-Efficient ADU: Features a newly built 1,000 sq. ft. ADU equipped with paid-off solar panels and central air conditioning, enhancing its appeal and sustainability.
Simplified Property Management: Separate water meters and utilities for each unit streamline management and billing, making it attractive for landlords.
Flexible Investment & Living Options: Catters to a broad market, suitable for pure investors, owner-occupants seeking income, or multi-generational families.
Strategic Location: Situated near Mater Dei High School and Santa Ana College, ensuring a steady demand from students, faculty, and families.
Cons
As-Is Sale Condition: The property is being sold 'As-Is,' indicating potential for required repairs or upgrades, particularly for the older main residence.
Age of Main Residence: The main home, built in 1947, likely requires significant modernization and maintenance to match contemporary standards and appeal.
Recent Price Reductions: Multiple price drops from the original listing suggest the property may have been initially overpriced or is facing challenges in attracting buyers at its current valuation.