2005 W 11th, Santa Ana, California 92703, Santa Ana, 92703 - 3 bed, 2 bath
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Santa Ana, California 92703
This property represents a Strong Value Opportunity, listed at $899,000—positioned above the $825,939 Fair Market Value. While priced at a premium, the asset offers significant development potential with existing permits for an 800 sqft ADU and 500 sqft JADU. Currently in Condition Rating 3, the home generates immediate rental income of $3,200/month. Its proximity to Santa Ana College and major freeways ensures high tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage multi-unit expansion for long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2005 W 11th Subject | $899,000* List Price | 3 | 2 | 1,112 | $743 | - |
A 1020 N Raitt Sold | $886,000 | 3 | 2 | 1,190 | $745 | 0.2 mi |
B 1205 English Sold | $935,000 | 3 | 2 | 1,332 | $702 | 0.1 mi |
C 609 N Townsend Street Sold | $750,000 | 3 | 1 | 1,026 | $731 | 0.3 mi |
D 519 English Sold | $820,000 | 3 | 2 | 1,326 | $618 | 0.3 mi |
E 825 N Raitt Street Sold | $810,000 | 3 | 3 | 1,300 | $623 | 0.3 mi |
F 513 Nottingham Avenue Sold | $805,000 | 3 | 2 | 1,004 | $802 | 1.0 mi |
G 2205 W 7th Active Under Contract | $749,000 List Price | 3 | 1 | 1,072 | $699 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1954, the property has undergone renovations within the 5-15 year range, featuring updated laminate flooring, granite countertops, and stainless steel appliances. The home is well-maintained, functional, and currently move-in ready as an income-generating rental.
The property includes existing permits for both an 800 sqft ADU and a 500 sqft JADU, offering a rare and valuable opportunity for investors or multi-generational families to maximize the 6,720 sqft lot.
Currently rented for $3,200 per month, the property provides immediate rental income, allowing a new owner to offset mortgage costs while finalizing construction plans or permits.
Ideally situated within walking distance to Santa Ana College and providing rapid access to the I-5, 22, and 55 freeways, making it highly attractive for students and professionals.
At 1,112 square feet for a three-bedroom, two-bathroom configuration, the primary living space may feel undersized for larger families or those seeking modern, open-concept layouts.
The property is served by several schools with low performance ratings, such as Spurgeon Intermediate (2/10) and Lydia Romero-Cruz Elementary (3/10), which may deter education-focused buyers.
Welcome to 2005 W 11th Street, a beautifully maintained residence located in the heart of Santa Ana. This inviting home offers three bedrooms and two bathrooms, along with a spacious enclosed patio/bonus room, all within an approximately 1,112-square-foot floor plan. An attached two-car garage adds convenience, functionality, and additional storage. Situated on a generous 6,720-square-foot lot, the property features a large backyard ideal for entertaining, gardening, or future expansion. The seller currently holds permits to add two additional units, creating a rare and valuable opportunity for both homeowners and investors: Accessory Dwelling Unit (ADU): Nearly 800 square feet, featuring two bedrooms, two bathrooms, a full kitchen, breakfast nook, and living room. Junior ADU (JADU): Approximately 500 square feet, offering two bedrooms, one bathroom, a boutique kitchen, and a cozy living area. The main home is currently rented for $3,200 per month, allowing the new owner to collect immediate rental income while pulling permits and throughout the construction process. The expansive driveway and attached garage provide ample parking and storage. Located in a quiet, friendly neighborhood, this home is conveniently close to shopping, dining, parks, and recreation. It is situated within the Santa Ana Unified School District and is within walking distance to Santa Ana College. Easy access to the I-5, 22, and 55 freeways makes commuting simple and efficient. With rising property values in Santa Ana, this property represents an outstanding opportunity to enjoy comfortable living while capitalizing on future growth and income potential. Don’t miss this move-in-ready gem in a desirable location. Schedule a private showing today and make 2005 W 11th Street yours.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,112 | 1,310 | 20% |
| Lot Size | 6,720 | 6,405 | 59% |
| Price | $899.0K | $857.0K | 59% |
| Price per sq ft | $808 | $687 | 85% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 128 | 2% |
May 30, 2026
$899,000
Initial Listing
May 30, 2019
$400,000
Public Record