1831 W 3rd, Santa Ana, California 92703, Santa Ana, 92703 - 0 bed, 0 bath
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Santa Ana, California 92703
Analysis of 1831 W 3rd, Santa Ana, California 92703 is currently available with a list price of $780,000. 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 1910 with no mention of renovations, this property is over 100 years old. The 'as-is' condition, small unit footprints, and marketing focus on ADU potential and lot size indicate the value is primarily in the land.
The property features a generous 5,558 sqft lot with explicit potential to build an Accessory Dwelling Unit (ADU), offering a significant opportunity for investors to increase rental yield and property value.
A rare asset for a multi-family property in Santa Ana, the spacious driveway accommodates up to six cars, providing a major competitive advantage for attracting and retaining tenants.
Ideally situated near schools, grocery stores, and retail centers, the property offers high convenience for residents, ensuring strong rental demand in a well-established neighborhood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5558, other record lot size in square feet = 5275. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1024, other record living area = 512.
Originally constructed in 1910 and sold in as-is condition, the property likely requires significant capital expenditure for repairs, structural updates, and modernization.
At only 512 square feet per two-bedroom unit, the living spaces are exceptionally compact, which may restrict the tenant profile and limit the maximum achievable market rent.
Nice Duplex in Santa Ana. Each has two bedrooms and 1 bath. Large and spacious driveway long enough to fit up to 6 cars. Each unit has a living room, bathrooms, kitchen and two bedrooms. Located in a good area close to schools, grocery stores, restaurants and retail stores. Each unit 512 sf. Sold AS-IS.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,024 | 1,470 | 20% |
| Lot Size | 5,558 | 6,098 | 20% |
| Price | $780.0K | $630.0K | 80% |
| Price per sq ft | $762 | $429 | 80% |
| Built year | 1910 | 1929 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 268 | 20% |
May 9, 2026
$780,000
Initial Listing
Aug 1, 2014
$390,000
Public Record
Jan 6, 2011
$258,000
Public Record
Feb 1, 2010
$315,000
Public Record
Aug 27, 2009
$100,000
Public Record