
Santa Ana, California 92706
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $980,908 Fair Market Value by 13%. This valuation gap offers $130,908 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires cosmetic updates to modernize its 1951 infrastructure. The oversized 8,457 sq. ft. lot, sparkling pool, and 368 sq. ft. backyard cabana provide significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-driven project.
Property is moderate renovation needed.
The property was built in 1951 and shows signs of a renovation that is likely 25-35 years old, evidenced by the popcorn ceilings, floral wallpaper borders, and older carpet styles. While the exterior and landscaping appear well-maintained and the home is functional, the interior is significantly dated and will require cosmetic updates and likely mechanical system overhauls 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 = 8457, living area = 1788.
The oversized 8,457 sq. ft. lot features a sparkling pool, spacious patio, and RV access, providing a rare level of outdoor utility and entertainment space for the area.
A separate 368 sq. ft. backyard cabana with a half-bath offers significant value as a potential home office, guest suite, or creative studio, independent of the main living area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8457, other record lot size in square feet = 8160. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1788, other record living area = 810. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1951, the property may require updates to its core systems or interior finishes to meet the expectations of buyers seeking modern luxury standards.
The property does not offer any significant views, which may be a disadvantage compared to other homes in the region that feature city light or coastal vistas.
Charming single family home for sale in a quiet North Santa Ana neighborhood. This 3 bedrrom, 2 bath home features a spacious floor plan filled with natural light. Living room is adorned with an ornate stone wall with a fireplace. Situated on an oversized 8100% sq ft lot, this property also offers RV access. Laundry room is 100 square feet and also includes a pantry area. Enjoy the sparkling pool with a great patio,and plenty of room for seamless, outdoor entertainment. The property also features a separate 368 sq. ft. backyard cabana, a stand alone structure with 1/2 bath. Lush landscaping in both the front and back yards adds beautiful curb appeal. This gem has a cozy front porch and just the perfect spot for enjoying morning coffee. Lush landscaping in both the front and back yards adds beautiful curb appeal. Property is minutes away from South Coast Plaza, Newport Beach, restaurants, shopping malls and entertainment centers.! There is no mello roos or HOA fees. Price to sell! Alot of property for a great price.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 1,788 | 1,878 | 42% |
| Lot Size | 8,457 | 7,564 | 65% |
| Price | $850.0K | $1.19M | 7% |
| Price per sq ft | $475 | $678 | 12% |
| Built year | 1951 | 1952 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 156 | 7% |
May 16, 2026
$850,000
Initial Listing