1246 S Baker Street, Santa Ana, California 92707, Santa Ana, 92707 - 5 bed, 4 bath
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Santa Ana, California 92707
This Income-Generating Residential Asset is listed at $1,239,000, positioned accurately at its $1,239,000 Fair Market Value. The property’s standout feature is a Newly Built 1,000 Sq. Ft. ADU with Paid-Off Solar and central AC, driving a substantial $6,650 Monthly Rental Income. Maintaining a Good Condition Rating, the estate offers separate utility meters and a City Lights View, located within the Santa Ana Unified district near Martin Elementary. This turnkey multi-unit setup provides immediate cash flow and long-term stability, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1246 S Baker Street Subject | $1,245,000* List Price | 5 | 4 | 2,107 | $591 | - |
A 1114 S Birch Sold | $1,049,000 | 4 | 2 | 1,724 | $608 | 0.7 mi |
B 1206 1206 S Towner Street Sold | $925,000 | 3 | 2 | 1,669 | $554 | 0.2 mi |
C 1207 S Van Ness Sold | $1,080,000 | 4 | 2 | 1,465 | $737 | 0.6 mi |
D 1128 S Parton Active | $1,025,000 List Price | 4 | 3 | 2,248 | $456 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property presents a mixed condition. The newly built 1,000 sq. ft. ADU is in excellent condition, featuring modern grey shaker cabinets, white quartz countertops, subway tile backsplash, new wood-look laminate flooring, recessed lighting, and a contemporary bathroom with a glass-enclosed shower. It meets current quality standards and is virtually new. The main house, built in 1947, shows signs of being older but has received some updates, including wood-look laminate flooring in the living areas, a modern ceiling fan, and a fireplace with updated tile. The main house kitchen has older wood cabinets and granite-look laminate countertops, while the bathroom is basic with a pedestal sink. While the main house's components are functional, they are dated and would fall into the 'fair' category on their own. However, the presence of the brand-new, fully updated ADU significantly elevates the overall property condition, making it move-in ready with no immediate major renovations required for either unit, justifying a 'good' overall score. The 'As-Is' sale for the main house is noted, but the visible condition suggests functionality.
The property generates a substantial total rental income of $6,650/month from the main home and ADU, offering strong passive income for investors or significant mortgage offset for owner-occupants.
Features a newly constructed 1,000 sq. ft. Accessory Dwelling Unit (ADU), providing modern living space and enhancing the property's overall value and rental appeal.
The ADU is equipped with paid-off solar panels and central air conditioning, ensuring energy efficiency and lower utility costs, which is highly attractive to tenants.
The property is being sold 'As-Is,' which may imply potential deferred maintenance or necessary repairs on the main home that the seller will not address, requiring buyer investment.
The main home was built in 1947, suggesting it may require significant updates, renovations, or maintenance to meet modern standards and preferences, despite the new ADU.
The listing has undergone multiple price reductions from its original list price of $1.345M to $1.239M, potentially indicating market resistance or an initial overvaluation.
Income-Generating Property. 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!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 2,107 | 1,348.5 | 85% |
| Lot Size | 8,198 | 6,382 | 91% |
| Price | $1.25M | $881.0K | 85% |
| Price per sq ft | $591 | $704 | 26% |
| Built year | 1947 | 1952 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 380 | 179 | 0% |
Apr 9, 2026
$1,245,000
$1,239,000
+0% Price Increase
Initial Listing
Jan 30, 2026
$1,239,000
$1,249,000
-1% Price Drop
Initial Listing
Jan 9, 2026
$1,249,000
$1,255,000
+0% Price Increase
Initial Listing
Jan 5, 2026
$1,255,000
$1,269,000
-1% Price Drop
Initial Listing
Dec 12, 2025
$1,269,000
$1,249,000
+2% Price Increase
Initial Listing
Nov 23, 2025
$1,249,000
$1,259,000
-1% Price Drop
Initial Listing
Nov 2, 2025
$1,259,000
$1,275,000
-1% Price Drop
Initial Listing
Sep 26, 2025
$1,275,000
$1,295,000
-2% Price Drop
Initial Listing
Sep 8, 2025
$1,295,000
Initial Listing
Apr 7, 2025
$1,345,000
Initial Listing