1825 W 2nd Street, Santa Ana, California 92703, Santa Ana, 92703 - 2 bed, 1 bath
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Santa Ana, California 92703
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned well above the $841,099 Fair Market Value by 30%. While the current valuation reflects a premium, the inclusion of an ADU on a 5,700 sqft lot provides significant Dual Living Potential and rental income upside. Given the Condition Rating of 5, the home requires substantial modernization of its 1925 infrastructure. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive value-add renovation strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1825 W 2nd Street Subject | $1,100,000* List Price | 2 | 1 | 832 | $1,011 | - |
A 1134 W Chestnut Sold | $825,000 | 2 | 2 | 831 | $993 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1925 (99 years old) and the listing provides no evidence of recent renovations to the kitchen, bathrooms, or core systems like HVAC and electric. Based on the age and lack of reported updates, the home likely requires significant rehabilitation to address safety, structural, and systemic obsolescence.
The inclusion of an Accessory Dwelling Unit (ADU) alongside the primary residence provides exceptional versatility for rental income or multi-generational living.
The property boasts a high convenience factor, situated within walking distance to local schools, diverse shopping centers, and various dining options.
A generous 5,700 sqft lot paired with a smaller 1925 structure offers significant potential for expansion, renovation, or creative redevelopment in a high-demand area.
At a list price of $1.1M for an 832 sqft main residence, the property carries a premium valuation that may challenge appraisal expectations.
Built in 1925, the home likely requires substantial modernization of its century-old systems and features a limited 2-bedroom, 1-bathroom configuration.
Great location!! A Single family plus an ADU. Walking distance to schools, shopping centers and restaurants.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 832 | 1,310 | 15% |
| Lot Size | 5,700 | 6,360 | 12% |
| Price | $1.10M | $857.0K | 93% |
| Price per sq ft | $1.3K | $687 | 95% |
| Built year | 1925 | 1954 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 128 | 2% |
May 29, 2026
$1,100,000
Initial Listing
Nov 22, 1996
$135,000
Public Record