2232 Joana, Santa Ana, California 92705, Santa Ana, 92705 - bed, bath

2232 Joana
Santa Ana, California 92705
Property Price
SUMMARY
Analysis of 2232 Joana, Santa Ana, California 92705 is currently available with a list price of $1,698,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Ana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1969, the property has undergone extensive interior renovations within the last few years. The kitchens feature modern white shaker cabinetry, quartz or stone countertops, and stainless steel appliances. Bathrooms have been updated with contemporary vanities and modern tile surrounds. The flooring consists of updated luxury vinyl plank and fresh carpeting. The property is move-in ready with no immediate renovations required, though the 1969 exterior and systems prevent an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Diverse Unit Mix
The property features a versatile configuration including a large 3-bedroom owner's unit and various smaller units, maximizing rental income potential and appealing to a wide range of tenant profiles.
- Private Outdoor Amenities
Each of the four units is equipped with its own private patio or deck, a premium feature for multi-family housing that significantly enhances tenant satisfaction and property desirability.
- Strategic Commuter Location
Situated with convenient freeway access and proximity to diverse shopping and dining, the location is ideal for professionals, ensuring historically low vacancy rates.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7841, other record lot size in square feet = 7789.
- Aging Infrastructure
Built in 1969, the property may require significant capital expenditures for modernizing major systems or improving energy efficiency to meet contemporary standards.
- Recent Price Appreciation
The property sold for $1.44M in early 2024; the current list price reflects a substantial year-over-year increase that may challenge appraisal valuations or investor yield requirements.
About 2232 Joana
Seize this remarkable opportunity to own a Covington-style fourplex that promises both comfort and strong investment potential. Each unit is thoughtfully designed to maximize space and livability. The front unit is a spacious three-bedroom, two-bathroom residence, featuring a welcoming layout and a private back patio, perfect for outdoor relaxation or entertaining guests. Located directly behind it, the downstairs unit offers two well-sized bedrooms and two bathrooms, along with a generous patio area that provides ample outdoor space. On the upper level, you’ll discover two additional units: one offering two bedrooms and two bathrooms, ideal for small families or professionals seeking extra space. The other is a cozy one-bedroom, one-bathroom unit that can serve as a comfortable retreat or an excellent rental option. Both upstairs units come with their own patio decks, providing lovely outdoor views and a perfect spot to enjoy a morning coffee or unwind after a long day. This property boasts a prime location, conveniently situated close to freeway access for easy commuting, along with a variety of shopping options and diverse dining establishments just a short drive away. With its combination of spacious living, desirable features, and strategic location, this fourplex stands out as an outstanding investment opportunity. Don’t wait—make it yours today!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1969
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Ana Unified Schools
La Veta Elementary School
Grades K-6 • 0.9 mi
El Modena High School
Grades 9-12 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1969 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Feb 22, 2026
$1,698,000
$1,745,000
-3% Price Drop
Initial Listing
Price Change
Dec 3, 2025
$1,745,000
Initial Listing
Sold
Feb 6, 2024
$1,440,000
Public Record











