
Santa Ana, California 92701
Analysis of 1532 E 4th, Santa Ana, California 92701 is currently available with a list price of $1,100,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1909 with no evidence of renovation in over 50 years, this property is marketed as a development opportunity. Images show significant exterior wood rot, severe interior wall damage, and obsolete systems, indicating the value lies primarily in the 11,550 sq ft lot.
The expansive 11,550 sq ft lot offers a rare and significant footprint in Santa Ana, providing ample space for high-density redevelopment or a large-scale value-add project.
The existing vacant 5-bedroom, 3-bathroom layout allows for immediate renovation into income-producing units, offering flexibility for investors to either flip or hold for cash flow.
Situated in a central area surrounded by residential, multifamily, and commercial uses, the property is perfectly positioned to benefit from the neighborhood's diverse urban growth.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1909, the structure likely requires extensive capital expenditure to address deferred maintenance and bring systems up to modern building codes.
The requirement for the buyer to verify all land use and zoning possibilities with the city introduces uncertainty and potential delays in the development timeline.
Development opportunity in the heart of Santa Ana. This expansive 11,550 sq ft parcel presents a rare chance to acquire a property with outstanding upside in an area surrounded by residential, multifamily, and commercial uses. The existing improvements include a vacant multifamily configuration with 5 bedrooms, 3 bathrooms, and a detached garage, providing multiple options for renovation, redevelopment, or reimagining the site. Whether you’re looking to add value, create income-producing units, or explore future development potential, this property offers an exceptional canvas for your next project. Buyer to verify all zoning, land use, and development possibilities with the City of Santa Ana.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,084 | 1,531.136 |
| Lot Size | 11,550 | 6,702.356 |
| Price | $1.10M | $1.07M |
| Price per sq ft | $357 | $690 |
| Built year | 1909 | 1958 |
| HOA | $0 | $236 |
| Days on market | 37 | 51 |
Aug 3, 2026
$1,100,000
Initial Listing