
Santa Ana, California 92707
This property presents a High-Potential Investment Opportunity with a List Price of $649,950—positioned well above the $589,303 Fair Market Value by -10%. Featuring a Fair Condition Rating (5), this 1936 bungalow offers significant value-add potential through its 5,508 sqft lot and detached garage, ideal for an ADU conversion. While the interior requires a full rehab, the permitted 306 sqft enclosed patio adds functional space. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to capitalize on the Santa Ana market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2010 Kilson Subject | $649,950* List Price | 2 | 1 | 684 | $862 | - |
A 1910 S Van Ness Ave Sold | $795,000 | 3 | 1 | 914 | $870 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1936 and on the market for the first time, this property requires a full rehab. While the HVAC (6 years) and windows (8 years) are updated, the interior—specifically the bathroom—shows significant age, exposed plumbing, and a lack of modern standards. The listing's 'investor delight' label and the rusted condition of outbuildings confirm it needs major work.
The property features a generous 5,508 sqft lot and a detached single-car garage, offering significant potential for an ADU conversion or expansion to maximize rental income or living space.
In addition to the base living area, a 306 sqft permitted enclosed patio provides valuable extra space for a hobby room or home office, effectively increasing the usable footprint to nearly 1,000 sqft.
Conveniently situated near the 55 freeway and South Coast Metro, this home offers excellent accessibility to Downtown Santa Ana and major Orange County employment hubs.
With only 684 square feet of original living space, the home's compact size may limit its appeal to larger families or buyers seeking spacious interior layouts.
Built in 1936, the property likely requires ongoing maintenance and modernization of older systems not explicitly mentioned as upgraded to meet contemporary standards.
DRASTICALLY REDUCED!! FIRST TIME ON THE MARKET! Mid-1930 classic bungalow 2br/1ba single story home approximately 684 living space PLUS PERMITTED ENCLOSED PATIO adding an approximately 306 SQFT with drop ceiling. Perfect use for Bonus or hobby room. Front yard enclosed with wrought/block wall, a wide driveway offers plenty parking and or RV possibility, Force heating (6) years old. Upgraded vinyl windows (8) years old, additional bathroom off the kitchen. Detached 1 single car garage with potential to expanded or an ADU conversion. This affordable home is located in South Santa Ana situated in an established residential neighborhood. It is conveniently closed to 55 freeway, and South Coast Metro areas, approximately 2 miles south of DTSA the heart of Santa Ana. This home offers tons of potential to the savvy buyers, or an investor delight. Don't miss out 1st showing Aug 17th, outstanding opportunity.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 684 | 1,531.136 |
| Lot Size | 5,508 | 6,702.356 |
| Price | $650.0K | $1.07M |
| Price per sq ft | $950 | $690 |
| Built year | 1936 | 1958 |
| HOA | $0 | $236 |
| Days on market | 36 | 51 |
Aug 15, 2026
$649,950
$725,000
-10% Price Drop
Initial Listing
Aug 4, 2026
$725,000
Initial Listing