2040 Kilson Drive, Santa Ana, California 92707, Santa Ana, 92707 - 4 bed, 2 bath
ACTIVE$925,000
2040 Kilson Drive, Santa Ana, California 92707
4Beds
2Baths
1,512Sqft
5,508Lot
Price Vs. Estimate
The estimated value ($576,820.07) is $348,179.93 (37%) lower than the list price ($925,000). This property may be overpriced.
Key pros and cons
Top Pros:
ADU Potential: The detached 2-car garage offers a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), providing potential rental income or flexible living space.
Top Cons:
Significant Overpricing: The current list price of $925,000 is substantially higher (37% above) the estimated property value, indicating a potential challenge in market absorption without a price adjustment.
Compared to the nearby listings
Price:$925.0K vs avg $871.5K (+$53,500)66%
Size:1,512 sqft vs avg 1,400 sqft63%
Price/sqft:$612 vs avg $65934%
More Insights
Built in 1925 (100 years old).
Condition: Built in 1925, this property shows signs of regular maintenance and some partial updates, such as recessed lighting, mini-split AC units in some rooms, and updated flooring in parts of the house. However, the kitchen features dated dark brown cabinets, a mosaic tile backsplash, and white appliances that are not contemporary. One bathroom has a very dated yellow fiberglass tub/shower insert, while the other appears to have a newer, but still basic, white fiberglass insert. The overall condition suggests the home is functional and move-in ready, but key areas like the kitchen and bathrooms would require significant cosmetic updates to meet current buyer expectations and modern styles, aligning with the 'Fair' category's description of an aged home maintained with occasional updates, where major components are functional but show signs of being outdated.
Year Built
1925
Close
-
List price
$925K
Original List price
$925K
Price/Sqft
$612
HOA
-
Days on market
-
Sold On
-
MLS number
PW25049068
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Dont miss this Rare Opportunity to move in your Dream home in Santa Ana. This 4-bedroom, 2-bathroom property offers 2 stories with 1512 sqft. plus a detached 2 car garage that can converted into an ADU! This home feels like a place you would want to stay on vacation! The home is situated on a large lot with a long driveway that can accommodate plenty of vehicles. Located in a quiet family neighborhood, less than 15 minutes to UCI, 10 minutes to South Coast Plaza, and few minutes to Irvine Valley College! Conveniently located close to the 55 freeway. Must See!
Nearby schools
2/10
Thomas A. Edison Elementary School
Public,•K-5•0.2mi
4/10
Monroe Elementary School
Public,•K-5•0.5mi
3/10
Manuel Esqueda Elementary School
Public,•K-8•0.5mi
2/10
Julia C. Lathrop Intermediate School
Public,•6-8•1.0mi
3/10
Mcfadden Intermediate School
Public,•6-8•2.2mi
3/10
Century High School
Public,•9-12•0.9mi
6/10
Saddleback High School
Public,•7-12•1.2mi
Condition Rating
Fair
Built in 1925, this property shows signs of regular maintenance and some partial updates, such as recessed lighting, mini-split AC units in some rooms, and updated flooring in parts of the house. However, the kitchen features dated dark brown cabinets, a mosaic tile backsplash, and white appliances that are not contemporary. One bathroom has a very dated yellow fiberglass tub/shower insert, while the other appears to have a newer, but still basic, white fiberglass insert. The overall condition suggests the home is functional and move-in ready, but key areas like the kitchen and bathrooms would require significant cosmetic updates to meet current buyer expectations and modern styles, aligning with the 'Fair' category's description of an aged home maintained with occasional updates, where major components are functional but show signs of being outdated.
Pros & Cons
Pros
ADU Potential: The detached 2-car garage offers a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), providing potential rental income or flexible living space.
Ample Parking: The large lot features an extended driveway capable of accommodating numerous vehicles, a valuable asset for homeowners and guests.
Desirable Neighborhood: Located in a quiet, family-friendly neighborhood, enhancing its appeal for a stable and pleasant living environment.
Strategic Location: Offers excellent proximity to major educational institutions (UCI, Irvine Valley College), premier shopping (South Coast Plaza), and convenient access to the 55 freeway.
Functional Layout: The 4-bedroom, 2-bathroom, two-story layout provides practical and ample living space suitable for families.
Cons
Significant Overpricing: The current list price of $925,000 is substantially higher (37% above) the estimated property value, indicating a potential challenge in market absorption without a price adjustment.
Property Age & Potential for Updates: Built in 1925, the home is nearly a century old. While it may possess historic charm, it likely requires significant investment in updates or maintenance to meet contemporary buyer expectations and standards, which are not explicitly detailed as completed in the description.
Lack of Detailed Modern Upgrades: The description highlights a 'dream home' feel but lacks specific mentions of recent major renovations or modern amenities (e.g., updated kitchen/baths, HVAC, electrical, plumbing) that would justify the premium price for a home of its age.