1401 S Joane Way, Santa Ana, California 92704, Santa Ana, 92704 - 4 bed, 2 bath
Loading property details...
Santa Ana, California 92704
This property presents a High-Potential Investment Opportunity with a List Price of $935,000—positioned well below the $937,435 Fair Market Value by 0.26%. This valuation gap offers $2,435 in Instant Equity for buyers. Featuring a 4-bedroom, 2-bath floor plan with a private pool and cul-de-sac location, the home has a Condition Rating of 4. While it requires modernization, the layout provides significant value-add potential. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1401 S Joane Way Subject | $935,000* List Price | 4 | 2 | 1,407 | $666 | - |
A 2014 S Poplar Sold | $960,000 | 3 | 2 | 1,521 | $631 | 0.5 mi |
B 1626 W Mcfadden Sold | $799,000 | 4 | 2 | 1,440 | $555 | 0.4 mi |
C 1820 Marine Street Sold | $850,000 | 3 | 2 | 1,282 | $663 | 1.0 mi |
D 709 S Diamond Street Sold | $720,000 | 3 | 2 | 1,283 | $561 | 0.8 mi |
E 2113 S Forest Avenue Sold | $783,000 | 4 | 2 | 1,500 | $522 | 0.7 mi |
F 1326 S Marine Sold | $680,000 | 3 | 2 | 1,071 | $635 | 0.8 mi |
G 1427 S Rene Sold | $820,000 | 3 | 2 | 1,027 | $798 | 0.1 mi |
H 1517 W Borchard Avenue Active | $799,900 List Price | 4 | 2 | 1,230 | $650 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the home is over 70 years old and the listing explicitly states it needs updating and repairs. While the interior shows some newer flooring and is currently livable, the presence of a wall heater indicates dated HVAC systems, and the overall condition requires modernization to meet current market standards.
The layout features a privately situated fourth bedroom, offering excellent flexibility for a home office, guest suite, or multi-generational living arrangements.
The property includes a refreshing swimming pool and is situated near a quiet cul-de-sac, providing a peaceful setting and a strong foundation for outdoor entertainment.
As a spacious 4-bedroom home requiring updates, it presents a significant opportunity for investors or homeowners to build equity through customization and modernization.
The property requires extensive updating and repairs, which will necessitate a substantial additional budget and time commitment beyond the purchase price.
Built in 1954, the home likely features aged systems and finishes that may not meet the expectations of buyers looking for move-in-ready conditions.
Bring your imagination and transform this spacious 4-bedroom, 2-bath home into something truly special! Featuring a desirable floor plan with one bedroom privately located on the side of the home, this property offers flexibility for guests, extended family, or a home office. Enjoy a cozy fireplace, a refreshing pool, and a 2-car garage. Located near a quiet cul-de-sac, the property offers added privacy and a peaceful setting. While the home needs updating and repairs, it presents an excellent opportunity for buyers looking to customize, add value, and create their dream home. Don't miss this incredible opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,407 | 1,505 |
| Lot Size | 6,000 | 6,834.5 |
| Price | $935.0K | $1.05M |
| Price per sq ft | $665 | $672 |
| Built year | 1954 | 1957 |
| HOA | $0 | $215 |
| Days on market | 8 | 50 |
Jul 14, 2026
$935,000
Initial Listing
Dec 17, 2013
$400,000
Public Record