2005 W 11th, Santa Ana, California 92703, Santa Ana, 92703 - 3 bed, 2 bath
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2005 W 11th
Santa Ana, California 92703
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,112Sq Ft
6,720Lot Size
Property Price
LIST PRICE$888,000
EST. MARKET VALUE
$868,558
SUMMARY
This High-Potential Investment Opportunity is listed at $888,000, positioned slightly above the $868,558 Fair Market Value. While the property currently generates $3,700 in monthly rental income, its primary value lies in the seller-held approved permits for an 800-square-foot ADU. With a Condition Rating of 4, the home offers immediate cash flow while providing significant upside through development. This asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage the large lot and ADU potential to maximize long-term rental yields.
Estimated Market Value
$868,558
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 |
|---|---|---|---|---|---|---|
★ 2005 W 11th Subject 3 bd · 2 ba · 1,112 sqft · $781 | $888,000* List Price | 3 | 2 | 1,112 | $781 | - |
A 1115 N Townsend Street Sold 3 bd · 2 ba · 1,110 sqft · $752 · 0.1 mi | $835,000 | 3 | 2 | 1,110 | $752 | 0.1 mi |
B 2205 W 9th St Sold 3 bd · 2 ba · 1,101 sqft · $749 · 0.3 mi | $825,000 | 3 | 2 | 1,101 | $749 | 0.3 mi |
C 2205 W 7th Sold 3 bd · 1 ba · 1,072 sqft · $746 · 0.3 mi | $800,000 | 3 | 1 | 1,072 | $746 | 0.3 mi |
D 526 Nottingham Avenue Sold 4 bd · 2 ba · 1,248 sqft · $565 · 1.0 mi | $705,000 | 4 | 2 | 1,248 | $565 | 1.0 mi |
E 1135 W 10th Street Pending 2 bd · 2 ba · 1,263 sqft · $629 · 0.9 mi | $795,000 List Price | 2 | 2 | 1,263 | $629 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1954 (70+ years old). While the description states it is 'beautifully maintained' and currently generates $3,700/month in rent, the age of the structure and lack of documented recent major renovations to the kitchen, bathrooms, or HVAC/electrical systems suggest the home is likely dated and requires minor updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Development Potential
The property includes seller-held approved permits for a nearly 800-square-foot, 2-bedroom, 2-bathroom ADU, offering a significant opportunity to increase rental income and long-term property value.
- Immediate Rental Income
Currently generating $3,700 per month in rental income, this property provides immediate cash flow for investors or owner-occupants while they navigate future construction.
- Generous Lot and Parking
The 6,720-square-foot lot features a two-car garage and an expansive driveway, providing ample space for multiple vehicles and outdoor utilization rarely found in this price bracket.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned elementary and middle schools have low ratings (3 and 2 respectively), which may deter families prioritizing high-performing public education districts.
- Compact Living Space
With only 1,112 square feet for a three-bedroom layout, the interior living areas may feel constrained, resulting in a relatively high price-per-square-foot for the existing structure.
About 2005 W 11th
APPROVED ADU OPPORTUNITY | 2-CAR GARAGE | LARGE LOT | $3,700/MONTH RENTAL INCOME. A compelling opportunity for investors and owner-occupants alike! This beautifully maintained 3-bedroom, 2-bath home offers current rental income along with significant future potential. The functional floor plan features an enclosed patio/bonus room, attached 2-car garage, expansive driveway, and a spacious backyard with room to enjoy or further utilize. The standout feature is the seller-held approved permits for a nearly 800-square-foot ADU, offering the potential to expand the property's income-producing capabilities. The proposed ADU includes 2 bedrooms, 2 bathrooms, a full kitchen, breakfast nook, and living room. Currently rented for $3,700 per month, the property provides immediate rental income while the approved ADU opportunity may allow for additional rental income and long-term value, subject to applicable approvals and construction requirements. Conveniently located near Santa Ana College, shopping, dining, parks, and major freeways, this property offers both everyday convenience and attractive investment potential. Current rental income + approved ADU plans + large lot + 2-car garage = an opportunity worth exploring.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 6,720 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
Santa Ana Unified Schools
Fremont Elementary School
Grades K-5 • 0.1 mi
3/10
Lydia Romero-Cruz Elementary School
Grades K-5 • 0.5 mi
3/10
Riverdale Elementary School
Grades K-6 • 1.1 mi
5/10
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 | 1,112 | 1,542.506 |
| Lot Size | 6,720 | 6,744.358 |
| Price | $888.0K | $1.02M |
| Price per sq ft | $799 | $687 |
| Built year | 1954 | 1958 |
| HOA | $0 | $204 |
| Days on market | 20 | 49 |
Pricing History
Listed for Sale
Oct 5, 2026
$888,000
Initial Listing
Sold
May 30, 2019
$400,000
Public Record