
Santa Ana, California 92707
This property presents a High-Potential Investment Opportunity with a List Price of $829,000—positioned well below the $821,838 Fair Market Value (Note: Market is currently priced at a premium). Featuring R-2 Zoning and a 5,417 sqft corner lot, this asset offers significant development potential for a second residence. While the home has a Condition Rating of 4 due to deferred exterior maintenance, the interior boasts a renovated kitchen. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage long-term development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2101 S Sycamore Subject | $829,000* List Price | 3 | 1 | 1,122 | $732 | - |
A 1265 Halladay Sold | $820,000 | 3 | 2 | 1,071 | $766 | 1.0 mi |
B 2118 Hickory Street Sold | $790,000 | 3 | 1 | 1,056 | $748 | 0.4 mi |
C 2101 S Hickory Sold | $815,000 | 3 | 2 | 1,072 | $760 | 0.5 mi |
D 1910 S Van Ness Ave Sold | $795,000 | 3 | 1 | 914 | $870 | 0.4 mi |
E 1808 S Van Ness Avenue Sold | $855,000 | 3 | 2 | 1,187 | $720 | 0.4 mi |
F 1030 W Glenwood Pl Sold | $820,000 | 2 | 1 | 973 | $843 | 0.7 mi |
G 2235 S Parton Street Sold | $740,000 | 2 | 1 | 837 | $884 | 0.3 mi |
H 2211 Oak Street Active | $900,000 List Price | 3 | 2 | 1,487 | $605 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956. While the interior features a recently renovated kitchen with modern cabinetry and stainless appliances, the exterior shows significant deferred maintenance including peeling stucco, older windows, and aged exposed systems that require attention.
The R-2 zoning provides a rare opportunity to add a second residence or develop two units, offering significant long-term value and income potential for investors or multi-generational families.
Situated on a corner lot, the property offers enhanced privacy and curb appeal, featuring a private garden space ideal for outdoor dining and relaxation.
The home is presented in move-in-ready condition, allowing buyers to occupy the property immediately without the need for urgent renovations or repairs.
With three bedrooms but only one bathroom, the property may face functional challenges for larger families and could be less competitive compared to homes with a higher bath-to-bed ratio.
The assigned elementary and middle schools currently hold lower performance ratings (2 and 3), which may be a deterrent for families prioritizing high-ranking educational districts.
Exceptional opportunity in the heart of Santa Ana! Situated on a desirable corner lot, this move-in-ready home combines comfortable living with excellent income and future development potential. The property features a cozy, private garden—an ideal setting for barbecues, outdoor dining, gardening, and relaxation. R-2 zoning provides the opportunity to add a second residence or accommodate two residential units. Conveniently located near shopping, dining, schools, parks, and major transportation routes, this unique property is ready to enjoy today while offering valuable long-term possibilities.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-8 • 0.2 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,122 | 1,531.136 |
| Lot Size | 5,417 | 6,702.356 |
| Price | $829.0K | $1.07M |
| Price per sq ft | $739 | $690 |
| Built year | 1956 | 1958 |
| HOA | $0 | $236 |
| Days on market | 14 | 51 |
Aug 26, 2026
$829,000
Initial Listing
Mar 8, 2016
$375,000
Public Record
Mar 23, 2015
$327,000
Public Record
Dec 21, 2005
$592,000
Public Record