1533 S Greenville, Santa Ana, California 92704, Santa Ana, 92704 - 2 bed, 1 bath
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Santa Ana, California 92704
This Value-Add Residential Asset is listed at $650,000, representing a strategic acquisition within the Santa Ana Unified district. With a Fair Market Value of $614,749, the pricing is aligned with the property's significant ADU and Expansion Potential on an expansive 6,192 sqft lot. Currently carrying a Poor Condition Rating after serving as a rental for 20 years, the 1925 structure requires a transformative renovation to unlock its full equity potential. Situated near major shopping and parks, this high-utility project is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1533 S Greenville Subject | $650,000* List Price | 2 | 1 | 980 | $642 | - |
A 1326 S Marine Sold | $680,000 | 3 | 2 | 1,071 | $635 | 0.4 mi |
B 709 S Diamond Street Sold | $720,000 | 3 | 2 | 1,283 | $561 | 0.8 mi |
C 2004 W Mcfadden Active | $780,000 List Price | 3 | 2 | 1,133 | $688 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925 and used as a rental for the last 20 years, the property is nearly 100 years old with no evidence of recent renovations. The listing explicitly states it requires 'significant TLC' and a 'transformative renovation,' indicating that the kitchen, bath, and major systems likely need a full rehab.
The substantial 6,192 sqft lot offers clear potential for an Accessory Dwelling Unit (ADU), providing a strategic opportunity to maximize rental yield or develop a multi-generational estate.
Situated in a highly convenient area of Santa Ana, the property is moments away from major shopping hubs, schools, and community parks, ensuring long-term tenant demand and desirability.
Priced specifically for a transformative renovation, this property serves as an ideal entry-point for investors or flippers looking to build equity through significant improvements.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 6192.
After serving as a rental for 20 years, the home requires extensive 'TLC' and is being sold strictly as-is, which will necessitate a large capital expenditure for repairs.
The current 980 sqft footprint with only one bathroom is small by modern standards, potentially limiting the buyer pool to those willing to undertake structural expansions.
Welcome to 1533 Greenville St Santa Ana CA a true investment opportunity. This 2-bedroom, 1-bathroom home sits on a substantial 6,192 sqft lot. This property has served as a rental for the past 20 years and requires significant (TLC). It is priced accordingly for a transformative renovation. The expansive lot offers clear ADU potential, ideal for maximizing rental income or building a multi-generational estate. Enjoy unparalleled convenience, situated moments from major shopping, schools, and community parks. Sold strictly as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 980 | 1,505 |
| Lot Size | 6,534 | 6,834.5 |
| Price | $650.0K | $1.05M |
| Price per sq ft | $663 | $672 |
| Built year | 1925 | 1957 |
| HOA | $0 | $215 |
| Days on market | 218 | 50 |
Dec 16, 2025
$650,000
Initial Listing