
Santa Ana, California 92704
This property presents a High-Potential Investment Opportunity with a List Price of $775,000—positioned well below the $778,693 Fair Market Value by 0.47%. Featuring a 10,440 square foot lot and a Condition Rating of 5, this asset is a prime candidate for a full rehab or ADU development. The expansive lot size offers significant upside for forced appreciation. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in a central Santa Ana location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2425 W Occidental Street Subject 2 bd · 2 ba · 1,124 sqft · $693 | $775,000* List Price | 2 | 2 | 1,124 | $693 | - |
A 1533 S Greenville Sold 2 bd · 1 ba · 980 sqft · $571 · 0.2 mi | $560,000 | 2 | 1 | 980 | $571 | 0.2 mi |
B 2004 W Mcfadden Sold 3 bd · 2 ba · 1,133 sqft · $724 · 0.8 mi | $820,000 | 3 | 2 | 1,133 | $724 | 0.8 mi |
C 1013 S Shawnee Drive Sold 3 bd · 2 ba · 1,231 sqft · $711 · 0.9 mi | $875,000 | 3 | 2 | 1,231 | $711 | 0.9 mi |
D 1623 S Pacific Active Under Contract 4 bd · 2 ba · 1,382 sqft · $687 · 0.8 mi | $950,000 | 4 | 2 | 1,382 | $687 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938, this property is a prime candidate for a full rehab. The interior features dated wood paneling, worn carpeting, and obsolete wall heating units. Photos show significant wear in the utility areas with cracked concrete and unfinished surfaces. The listing description explicitly targets flippers and value-add investors, confirming the home requires major updates to the kitchen, baths, and core systems to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10440, living area = 1124.
The property features a massive 10,440 square foot level lot, which is double the size of neighboring parcels, offering rare outdoor space and privacy in a dense urban area.
Marketed as a 'blank canvas' with a detached garage, this property provides an exceptional opportunity for investors or owners to add value through an ADU, room additions, or a full custom remodel.
Built in 1938 and described as needing a personal touch, the home likely requires a substantial capital investment to modernize its systems, layout, and finishes.
The assigned local schools currently hold lower ratings (ranging from 3 to 4), which may be a consideration for families prioritizing high-performing school districts.
This is a great opportunity for a primely located home on an HUGE 10,440 square foot lot! 2425 W. Occidental Street is a 1,124 square foot 2 bedroom/1.5 bathroom home with endless potential. Whether you are an owner/occupant looking for a home for yourself, an investor looking for your next flip, or someone looking for a value-add project (i.e. ADU, Room Additions, etc.), this property is an opportunity to own a blank canvas, on a lot that is double the size of the neighboring lots, ready for you to put your own design touches on it. The large lot is level, and features a large front yard, an expansive back yard, and a long driveway that leads to a detached 2 car garage. The home is primely located conveniently close to shopping, dining, entertainment, schools, parks, markets, freeways, train station, and much more. Properties like this don't come around often. Don't miss the opportunity to make it yours!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,124 | 1,542.506 |
| Lot Size | 10,440 | 6,744.358 |
| Price | $775.0K | $1.02M |
| Price per sq ft | $690 | $687 |
| Built year | 1938 | 1958 |
| HOA | $0 | $204 |
| Days on market | 31 | 49 |
Sep 24, 2026
$775,000
Initial Listing