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207 W Buffalo Avenue, Santa Ana, California 92706, Santa Ana, 92706 - bed, bath

207 W Buffalo Avenue, Santa Ana, California 92706 home-pic-0
ACTIVE$999,000
207 W Buffalo Avenue, Santa Ana, California 92706
0Bed
0Bath
1,968Sqft
6,970Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: The property is a duplex, offering immediate rental income potential from two separate units (2-bed/1-bath and 1-bed/1-bath), appealing to investors and owner-occupants seeking supplemental income.
Top Cons:
Advanced Age of Property: Built in 1922, the property is over a century old, which typically implies a higher likelihood of outdated infrastructure, potential for significant deferred maintenance, and higher ongoing repair costs.

Compared to the nearby listings

Price:$999.0K vs avg $975.0K (+$24,000)67%
Size:1,968 sqft vs avg 1,900 sqft67%
Price/sqft:$508 vs avg $51333%

More Insights

Built in 1922 (103 years old).
Condition: The property, built in 1922, is over 100 years old. While the exterior appears maintained and the roof looks relatively new, the interior, particularly the kitchen, is extremely dated with original or very old cabinets, countertops, and appliances. The presence of a wall-mounted AC unit also indicates older systems. The property requires substantial rehabilitation and updates to meet modern living standards, especially in the kitchen and likely bathrooms, aligning with the 'poor' condition criteria.
Year Built
1922
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$508
HOA
-
Days on market
-
Sold On
-
MLS number
OC25158850
Home ConditionPoor
Features
View-

About this home

Charming Historic Duplex in the Heart of Santa Ana. Step into a piece of Santa Ana’s rich history with this character-filled duplex, once part of the Silvey family holdings in North Santa Ana. Built in the early 1920s, this unique property blends timeless vintage charm with unbeatable convenience. Whether you're a savvy investor seeking a 1031 exchange opportunity, a person looking to live in one unit and rent the other, an investor looking for a solid investment, or simply drawn to historic homes, this property offers flexibility and long-term value. Each unit features its own comfortable layout—one is a 2-bedroom, 1-bath; the other, a 1-bedroom, 1-bath. Both enjoy access to a spacious backyard divided by a fence, providing individual outdoor space. Located just minutes from major freeways, acclaimed museums, professional sports venues, and iconic theme parks, this centrally located property places you in the heart of everything Southern California has to offer.

Condition Rating
Poor
The property, built in 1922, is over 100 years old. While the exterior appears maintained and the roof looks relatively new, the interior, particularly the kitchen, is extremely dated with original or very old cabinets, countertops, and appliances. The presence of a wall-mounted AC unit also indicates older systems. The property requires substantial rehabilitation and updates to meet modern living standards, especially in the kitchen and likely bathrooms, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Income-Generating Duplex: The property is a duplex, offering immediate rental income potential from two separate units (2-bed/1-bath and 1-bed/1-bath), appealing to investors and owner-occupants seeking supplemental income.
Historic Charm & Character: Built in 1922, the property boasts 'timeless vintage charm' and 'character-filled' aesthetics, which can be a unique and desirable selling point in the market.
Strategic Central Location: Its location in Santa Ana is highly convenient, being 'minutes from major freeways, acclaimed museums, professional sports venues, and iconic theme parks,' enhancing its desirability and tenant attraction.
Versatile Investment Opportunity: The property offers flexibility for various buyer profiles, including 1031 exchanges, owner-occupants looking to live in one unit and rent the other, or pure investors seeking a solid asset.
Individual Outdoor Spaces: Each unit benefits from access to a 'spacious backyard divided by a fence,' providing valuable individual outdoor space for privacy and recreation.

Cons

Advanced Age of Property: Built in 1922, the property is over a century old, which typically implies a higher likelihood of outdated infrastructure, potential for significant deferred maintenance, and higher ongoing repair costs.
Unspecified Condition of Systems/Updates: While highlighting vintage charm, the description lacks details on recent major upgrades or renovations to critical systems (e.g., plumbing, electrical, HVAC, roof), suggesting potential for substantial unforeseen expenses for a buyer.
Potential for Modern Amenity Deficiencies: As a historic property, it may lack modern conveniences, energy efficiencies, or contemporary layouts commonly found in newer constructions, which could impact tenant appeal or require costly upgrades to meet current standards.

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