1246 S Baker Street, Santa Ana, California 92707, Santa Ana, 92707 - 5 bed, 4 bath
1246 S Baker Street
Santa Ana, California 92707
Property Price
SUMMARY
Analysis of 1246 S Baker Street, Santa Ana, California 92707 reveals a Fairly Priced Property with a current list price of $1,239,000 aligned with the estimated $1,239,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Ana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1246 S Baker Street Subject | $1,239,000* List Price | 5 | 4 | 2,107 | $588 | - |
A 1206 1206 S Towner Street Sold | $925,000 | 3 | 2 | 1,669 | $554 | 0.2 mi |
B 1326 S Baker Street Sold | $1,100,000 | 4 | 2 | 1,616 | $681 | 0.1 mi |
C 1114 S Birch Active Under Contract | $1,025,000 List Price | 4 | 2 | 1,724 | $595 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Income Potential
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.
- Newly Built ADU
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.
- Energy-Efficient ADU
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.
CONSRISKS & DEFICIENCIES
- Sold As-Is Condition
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.
- Age of Main Structure
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.
- Significant Price Reductions
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.
About 1246 S Baker Street
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 8,198 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Ana Unified Schools
Martin Elementary School
Grades K-5 • 0.3 mi
Martin Luther King Jr. Elementary School
Grades K-5 • 0.3 mi
Jose Sepulveda Elementary School
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 2,107 | 1,397.5 | 88% |
| Lot Size | 8,198 | 6,726.5 | 91% |
| Price | $1.24M | $881.0K | 88% |
| Price per sq ft | $588 | $669 | 26% |
| Built year | 1947 | 1952 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 334 | 172 | 0% |
Pricing History
Listed for Sale
Jan 30, 2026
$1,239,000
$1,249,000
-1% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$1,249,000
$1,255,000
+0% Price Increase
Initial Listing
Price Change
Jan 5, 2026
$1,255,000
$1,269,000
-1% Price Drop
Initial Listing
Price Change
Dec 12, 2025
$1,269,000
$1,249,000
+2% Price Increase
Initial Listing
Price Change
Nov 23, 2025
$1,249,000
$1,259,000
-1% Price Drop
Initial Listing
Price Change
Nov 2, 2025
$1,259,000
$1,275,000
-1% Price Drop
Initial Listing
Price Change
Sep 26, 2025
$1,275,000
$1,295,000
-2% Price Drop
Initial Listing
Price Change
Sep 8, 2025
$1,295,000
Initial Listing
Price Change
Apr 7, 2025
$1,345,000
Initial Listing