18122 Romelle, Santa Ana, California 92705, Santa Ana, 92705 - 3 bed, 2 bath
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18122 Romelle
Santa Ana, California 92705
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,574Sq Ft
8,270Lot Size
Property Price
LIST PRICE$1,095,000
EST. MARKET VALUE
$1,038,978
5% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,095,000—positioned well below the $1,038,979 Fair Market Value by -5%. Featuring a Fair Condition Rating, this 1957 residence offers significant upside through renovation. The 8,270-square-foot lot provides excellent utility for expansion, while the Orange Unified School District location ensures long-term neighborhood desirability. With dual fireplaces and a detached garage, this asset is a prime candidate for Fix-and-Flip Investors or Contractors seeking to modernize a high-potential home in a sought-after area.
Estimated Market Value
$1,038,978
Based on Realkey algorithm analyzing recent comparable sales in Santa Ana.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18122 Romelle Subject 3 bd · 2 ba · 1,574 sqft · $660 | $1,095,000* List Price | 3 | 2 | 1,574 | $660 | - |
A 12942 Yorba Sold 2 bd · 1 ba · 999 sqft · $861 · 0.6 mi | $860,000 | 2 | 1 | 999 | $861 | 0.6 mi |
B 13282 Loretta Drive Sold 4 bd · 3 ba · 1,871 sqft · $644 · 0.7 mi | $1,205,000 | 4 | 3 | 1,871 | $644 | 0.7 mi |
C 13381 Malena Sold 4 bd · 3 ba · 2,005 sqft · $629 · 0.7 mi | $1,260,888 | 4 | 3 | 2,005 | $629 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1957 (67 years old) and explicitly marketed as a 'fixer' for investors or contractors. The property features dated popcorn ceilings, original-style windows, and worn carpeting, indicating a lack of recent renovations to major systems, kitchen, or bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 8270, living area = 1574.
- Prime Location
Situated in the highly sought-after North Tustin area within the Orange Unified School District, ensuring strong long-term value and neighborhood desirability.
- Generous Lot Size
The 8,270-square-foot lot features a long driveway, detached garage, and mature fruit trees, providing ample space for outdoor living or potential expansion.
CONSRISKS & DEFICIENCIES
- Fixer-Upper Condition
The property is explicitly marketed as a fixer, indicating that significant renovation and immediate capital investment are necessary to modernize the home.
- Premium Entry Price
At over $1 million for a home in need of major repairs, the high initial cost may limit the profit margins for contractors or the remaining budget for custom upgrades.
About 18122 Romelle
Excellent purchase opportunity for investors, contractors, or buyers seeking to customize a fixer located in a desirable Orange County neighborhood. This single-story home offers three bedrooms, two bathrooms, a family room with a fireplace, a living room with fireplace, a spacious kitchen with breakfast nook, and indoor laundry. The property is situated on a large 8,270-square-foot lot and features a long driveway leading to a detached two-car garage. The rear yard is highlighted with fruit trees and large concrete patio. Lots of potential for investors or new homeowner.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 8,270 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,574 | 1,542.506 |
| Lot Size | 8,270 | 6,744.358 |
| Price | $1.09M | $1.02M |
| Price per sq ft | $696 | $687 |
| Built year | 1957 | 1958 |
| HOA | $0 | $204 |
| Days on market | 5 | 49 |
Pricing History
Listed for Sale
Oct 20, 2026
$1,095,000
Initial Listing