
Santa Ana, California 92703
This property presents a High-Potential Investment Opportunity with a List Price of $1,000,000—positioned well below the $1,000,612 Fair Market Value by 0.06%. Featuring Dual Detached Residences on an expansive 17,860 SF lot, this asset offers significant redevelopment potential and rental flexibility. With a Condition Rating of 6, the aging infrastructure requires capital investment, yet the Zoning/Development Potential provides a clear path to forced appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in Santa Ana.
Property is land value only, full reconstruction required.
Originally built in 1910 (116 years old) with no evidence of recent renovations. The listing emphasizes the expansive 17,860 SF lot and redevelopment potential, indicating the primary value is in the land rather than the aging structures.
The massive 17,860 SF lot in a private cul-de-sac offers rare redevelopment opportunities, including significant potential for ADUs or multi-unit expansion in a high-demand area.
Featuring two separate, single-story homes that are individually metered for utilities, this property provides excellent flexibility for rental income, multi-generational living, or owner-occupancy.
The property includes a detached two-car garage and a generous driveway with ample space for RV or recreational vehicle parking, a highly sought-after feature in Santa Ana.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =17860, other record lot size in square feet = 17927.
With the original structure dating back to 1910, the property may require substantial capital investment for modern upgrades, repairs, and system overhauls to meet current standards.
The assigned elementary and middle schools carry low performance ratings (3 and 2 respectively), which may limit the property's appeal to families prioritizing high-performing educational districts.
LUXURY LIVE AUCTION – BIDDING TO START FROM $1,000,000! Rare opportunity to own two detached single-story residences on an expansive approximately 17,860 SF lot in a private cul-de-sac setting. Ideal for an owner-user, multigenerational living, extended family, or buyers seeking rental-income flexibility. The front residence offers approximately 960 SF with 2 bedrooms, 1 bath, private yard space, and a separate laundry/storage area. The rear residence offers approximately 1,153 SF with 3 bedrooms, 2 baths, an open living/kitchen layout, private yard space, and ample parking. Both homes are separately metered for gas and electricity. Additional features include a detached 2-car garage, generous driveway/parking areas, and room for RV or recreational vehicle parking. Conveniently located near Santa Ana College, shopping, dining, La Placita, major freeways, and the OC Streetcar corridor. Property offers significant flexibility and future potential; buyers are encouraged to independently verify zoning, permits, square footage, ADU possibilities, redevelopment potential, and allowable uses with the City of Santa Ana.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-3 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.1 |
| Square foot | 2,113 | 1,895.889 |
| Lot Size | 17,860 | 28,507.667 |
| Price | $1.00M | $911.2K |
| Price per sq ft | $473 | $477 |
| Built year | 1910 | 1956 |
| HOA | $0 | $438 |
| Days on market | 9 | 83 |
Aug 31, 2026
$1,000,000
Initial Listing
Jul 27, 2022
$1,021,500
Public Record