2320 W 12th, Santa Ana, California 92703, Santa Ana, 92703 - 4 bed, 3 bath
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Santa Ana, California 92703
This property presents a High-Potential Investment Opportunity with a List Price of $799,890—positioned well below the $832,421 Fair Market Value by 3%. This valuation gap offers $32,531 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant rehabilitation, yet its 2,077 sqft floor plan and proximity to multiple schools provide strong long-term upside. This is a strategic acquisition ideal for Buy-and-Hold Investors or Fix-and-Flip Investors capable of managing a comprehensive renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2320 W 12th Subject | $799,890* List Price | 4 | 3 | 2,077 | $401 | - |
A 1638 W Pine Street Sold | $730,000 | 4 | 2 | 1,647 | $443 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 (62 years old) and listed 'Sold as is' with no mention of renovations, the property exceeds the 30-year threshold for original systems. The exterior shows signs of deferred maintenance such as cracked concrete and unkept landscaping, suggesting the home requires a significant rehab rather than minor updates.
With 2,077 square feet of living area and four bedrooms, this home offers a spacious floor plan that is significantly larger than many comparable properties in the neighborhood.
Situated in a quiet residential pocket of Santa Ana North of First, the property provides a peaceful living environment while maintaining easy access to local amenities.
The property is ideally located within walking distance (under 0.5 miles) of multiple elementary and middle schools, making it a highly convenient choice for families.
The property is being sold in 'as-is' condition, which may necessitate additional capital investment for repairs, upgrades, or modernizations by the future owner.
Being currently tenant-occupied with restricted access complicates the viewing process and may present challenges for buyers looking for immediate possession.
Spacious 2077 square foot with 4 bedroom and 2.5 bedroom located in a quiet neighborhood. Sold as is Tenant occupied. Please do not disturb. Will set up and open house day.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,077 | 1,505 |
| Lot Size | 5,977 | 6,834.5 |
| Price | $799.9K | $1.05M |
| Price per sq ft | $385 | $672 |
| Built year | 1962 | 1957 |
| HOA | $0 | $215 |
| Days on market | 35 | 50 |
Jun 18, 2026
$799,890
Initial Listing
Jun 17, 2026
$79,989
Initial Listing
Jul 5, 2001
$245,000
Public Record
Mar 30, 2000
$200,000
Public Record