2205 W 7th, Santa Ana, California 92703, Santa Ana, 92703 - 3 bed, 1 bath
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Santa Ana, California 92703
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $749,000—positioned well below the $777,759 Fair Market Value by 3%. This valuation gap secures $28,759 in Instant Equity for the incoming buyer. While the home holds a Condition Rating of 4 and requires modernization, the expansive 7,830 sq. ft. lot provides significant ADU Potential and expansion upside. Located in desirable North Santa Ana near Lydia Romero-Cruz Elementary, this property is a strategic acquisition for Fix-and-Flip Investors or first-time buyers seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2205 W 7th Subject | $749,000* List Price | 3 | 1 | 1,072 | $721 | - |
A 1618 W 9th Sold | $774,200 | 3 | 1 | 1,165 | $665 | 0.6 mi |
B 2210 W 7th Street Sold | $810,000 | 3 | 2 | 1,451 | $558 | 0.0 mi |
C 513 Nottingham Avenue Sold | $805,000 | 3 | 2 | 1,004 | $802 | 0.8 mi |
D 110 N Western Sold | $565,000 | 3 | 1 | 808 | $699 | 0.6 mi |
E 1014 N Daisy Avenue Sold | $843,000 | 3 | 2 | 1,479 | $570 | 0.4 mi |
F 401 Franklin Active | $775,000 List Price | 3 | 1 | 1,206 | $643 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this home shows signs of a partial cosmetic refresh in the kitchen (newer countertops and dishwasher), but retains original cabinetry and lacks central HVAC as evidenced by window units. The single-bathroom configuration for a three-bedroom home is dated, and the overall interior finishes and systems require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7830, living area = 1072.
The property features a generous 7,830 sq. ft. lot, providing significant space for a backyard oasis, home expansion, or the addition of an Accessory Dwelling Unit (ADU) to maximize property value.
Situated in a desirable neighborhood north of 1st Street, the home offers excellent accessibility to major freeways, local shopping, and dining, making it a highly convenient location for commuters.
With only one bathroom serving three bedrooms, the current configuration may pose a challenge for modern families and could impact the home's competitive appeal compared to updated properties.
Built in 1954 and marketed for its 'potential,' the home likely requires investment in cosmetic updates and potential system upgrades to meet current contemporary standards.
Charming single-level home located in a desirable neighborhood of North Santa Ana, just above 1st Street. Built in 1954, this 3-bedroom, 1-bath residence sits on an expansive approximate 7,830 sq. ft. lot, offering incredible potential for customization, expansion, or outdoor living. Step inside to find a warm and inviting layout with abundant natural light and classic character throughout. The functional floor plan provides comfortable living spaces, ideal for first-time buyers looking to create their dream home. The oversized lot is a standout feature—perfect for adding an ADU, creating a backyard oasis, or future expansion. With ample space for entertaining, gardening, or play, the possibilities are endless. Conveniently located near schools, shopping, dining, and major freeways, this home offers both comfort and accessibility. A fantastic opportunity for first-time buyers to own a home with charm, space, and long-term potential in a well-established Santa Ana neighborhood.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-3 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 1,072 | 1,300 | 18% |
| Lot Size | 7,830 | 6,440 | 84% |
| Price | $749.0K | $846.5K | 21% |
| Price per sq ft | $699 | $688 | 53% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 131 | 5% |
Apr 23, 2026
$749,000
Initial Listing