
Santa Ana, California 92703
This duplex presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned above the $1,084,496 Fair Market Value by -10%. While the property requires capital improvements due to its Fair Condition Rating, it offers immediate cash flow with a total monthly income of $4,450. The 2-unit configuration and favorable utility structure minimize overhead, making this a stable Asset for long-term growth. This property is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to optimize rental yields.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1314 N Bewley Street Subject | $1,200,000* List Price | 0 | 0 | 2,328 | $466 | - |
A 2525 W 10th Active | $899,000 List Price | 0 | 0 | 1,933 | $465 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 (60 years old) with no mentioned renovations and sold 'AS-IS'. Exterior shows significant deferred maintenance and dead landscaping. The presence of window AC units indicates a lack of modern central HVAC, and the age suggests original or severely outdated kitchen, baths, and electrical systems requiring a full rehab.
The property is fully occupied with a total monthly income of $4,450, providing immediate cash flow for investors from day one.
Tenants are responsible for electric, gas, and water payments, significantly reducing the owner's monthly operating expenses and management overhead.
The mix of a 2-bedroom and a 3-bedroom unit offers a desirable layout that caters to larger families, ensuring high demand and low vacancy rates.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5959, other record lot size in square feet = 6037.
The property is being sold in as-is condition, which may imply deferred maintenance or the need for future capital improvements to maintain value.
The requirement for an offer subject to interior inspection limits a buyer's ability to perform a physical due diligence assessment prior to entering a contract.
2 Unit Property Great For Investors. Front unit 2 beds 1 Bath and Rent $2100/mo. Back Unit 3 beds 2 baths rent $2350/mo. This is a Great investment with Positive Cash Flow. Property is being Sold AS-IS. Tenants pay Electric, Gas, & Water. Offer Subject to Interior Inspection.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,328 | 1,470 | 80% |
| Lot Size | 5,959 | 6,098 | 20% |
| Price | $1.20M | $630.0K | 80% |
| Price per sq ft | $515 | $429 | 80% |
| Built year | 1964 | 1930 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 268 | 20% |
May 11, 2026
$1,200,000
Initial Listing
Jan 13, 2004
$470,000
Public Record