2005 W 11th, Santa Ana, California 92703, Santa Ana, 92703 - 3 bed, 2 bath
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Santa Ana, California 92703
This Permit-Ready Multi-Unit Development Asset is listed at $999,000, representing a strategic acquisition in a high-demand rental market. While the $879,572 Fair Market Value reflects the 1954 structure in Fair Condition Rating, the price accounts for the rare, shovel-ready potential of permitted ADU and JADU plans. With $3,200 in immediate monthly rental income and a 6,720-square-foot lot, the property offers a clear path to triple-unit cash flow. Located in the Santa Ana Unified School District near Fremont Elementary, this is an elite opportunity for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2005 W 11th Subject | $999,000* List Price | 3 | 2 | 1,112 | $791 | - |
A 513 Nottingham Avenue Sold | $805,000 | 3 | 2 | 1,004 | $802 | 1.0 mi |
B 1618 W 9th Sold | $774,200 | 3 | 1 | 1,165 | $665 | 0.4 mi |
C 1111 5th Sold | $749,000 | 3 | 1 | 1,008 | $743 | 1.0 mi |
D 1334 W 11th Street Sold | $765,000 | 3 | 1 | 1,210 | $632 | 0.6 mi |
E 1135 W 10th Street Pending | $795,000 List Price | 2 | 2 | 1,263 | $629 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1954, has received some updates to the kitchen and bathrooms, including white shaker-style cabinets, granite-look countertops, and modern-looking stainless steel appliances in the kitchen, and updated vanities in the bathrooms. Flooring is a mix of tile and wood-look laminate. While these updates make the home functional and presentable, the overall style and age of the property, coupled with the listing's acknowledgment of potentially outdated major systems (plumbing, electrical, HVAC), indicate that it requires minor updates or repairs to meet current standards. It is well-maintained but shows signs of being aged, aligning with the 'Fair' category.
The property comes with pre-approved permits to add two additional units (ADU and JADU), offering significant potential for increased rental income and property value appreciation, making it an exceptional investment opportunity.
The main home is currently rented for $3,200 per month, providing instant cash flow for the new owner, which can help offset costs or provide income during the additional unit construction.
Situated on a substantial 6,720-square-foot lot, the property offers ample space for the planned additional units, outdoor living, gardening, and future expansion possibilities.
Built in 1954, the main residence is an older home, which may imply outdated systems (e.g., plumbing, electrical, HVAC) and could require future maintenance or upgrades to meet modern standards.
The primary residence offers 1,112 square feet of living space for three bedrooms and two bathrooms, which might be considered compact for some buyers or families seeking more expansive living areas.
While the ADU/JADU permits are a significant asset, the actual construction process will require a substantial time commitment, capital investment, and project management from the new owner, which could be a deterrent for some.
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): 748 square feet, featuring two bedrooms, two bathrooms, a full kitchen, breakfast nook, and living room. Junior ADU (JADU): 473 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 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 | 1,285 | 23% |
| Lot Size | 6,720 | 6,475 | 60% |
| Price | $999.0K | $837.0K | 83% |
| Price per sq ft | $898 | $665 | 87% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 174 | 30% |
Feb 4, 2026
$999,000
$899,000
+11% Price Increase
Initial Listing
Jan 5, 2026
$899,000
Initial Listing
May 30, 2019
$400,000
Public Record