1691 Bullard Lane, Santa Ana, California 92705, Santa Ana, 92705 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$699,000$1,538/sqft
1691 Bullard Lane, Santa Ana, California 92705
3Beds
2Baths
1,538Sqft
9,220Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9220, living area = 1538.
Top Cons:
Extensive Renovation Required: Marketed as a 'cosmetic fixer' and sold 'as-is,' the property requires significant renovation and capital investment to update and maximize its value.
Compared to the nearby listings
Price:$699.0K vs avg $1.75M ($-1,051,000)1%
Size:1,538 sqft vs avg 2,580 sqft6%
Price/sqft:$454 vs avg $6825%
More Insights
Built in 1961 (65 years old).
Condition: Built in 1961, this property is explicitly marketed as a 'Cosmetic Fixer' and 'ideal for renovation,' sold 'as-is,' with a preference for 'Cash or hard-money.' The exterior images reveal significant deferred maintenance, overgrown landscaping, cracked concrete, and a generally neglected appearance. The property analysis confirms 'Extensive Renovation Required' and 'Age-Related System Updates,' indicating that major systems (electrical, plumbing, HVAC, roof) likely require substantial repair or replacement. The absence of interior photos, coupled with the description, suggests the interior is also in poor condition, requiring significant rehabilitation beyond just cosmetic updates.
Year Built
1961
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$454
HOA
-
Days on market
-
Sold On
-
MLS number
25631819
Home ConditionPoor
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
Investor Opportunity - Cosmetic Fixer. Excellent value-add opportunity in Santa Ana. This cosmetic fixer offers strong upside potential for investors seeking a flip or rental hold. Functional floor plan, established neighborhood, and ideal for renovation. Property is being sold as-is. Cash or hard-money preferred.
T
Todd Stewart
Listing Agent
Price History
Date
Event
Price
09/23/94
Sold
$25,000
Condition Rating
Poor
Built in 1961, this property is explicitly marketed as a 'Cosmetic Fixer' and 'ideal for renovation,' sold 'as-is,' with a preference for 'Cash or hard-money.' The exterior images reveal significant deferred maintenance, overgrown landscaping, cracked concrete, and a generally neglected appearance. The property analysis confirms 'Extensive Renovation Required' and 'Age-Related System Updates,' indicating that major systems (electrical, plumbing, HVAC, roof) likely require substantial repair or replacement. The absence of interior photos, coupled with the description, suggests the interior is also in poor condition, requiring significant rehabilitation beyond just cosmetic updates.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9220, living area = 1538.
Investor Opportunity: Explicitly marketed as an 'Investor Opportunity' and 'Cosmetic Fixer' with 'strong upside potential' for both flipping and rental holds, indicating significant value-add potential.
Desirable Location & Neighborhood: Situated in an 'established neighborhood' within the desirable North Tustin (NTS) area of Santa Ana, and served by the reputable Tustin Unified High School District.
Generous Lot Size: The property features a substantial 9,220 sqft lot, offering ample outdoor space for landscaping, potential expansion, or recreational use.
City Lights View: Boasts desirable 'City Lights' views, enhancing the property's aesthetic appeal and potential resale value.
Functional Floor Plan: The description highlights a 'functional floor plan,' providing a solid and practical layout as a base for renovation and modernization.
Cons
Extensive Renovation Required: Marketed as a 'cosmetic fixer' and sold 'as-is,' the property requires significant renovation and capital investment to update and maximize its value.
Limited Financing Options: The preference for 'Cash or hard-money' buyers indicates potential difficulties with traditional financing, which could limit the pool of prospective purchasers.
Age-Related System Updates: Built in 1961, the property is an older home, suggesting that major systems (e.g., electrical, plumbing, HVAC, roof) may require significant updates or replacement beyond just cosmetic improvements.