323 S Jackson, Santa Ana, California 92704, Santa Ana, 92704 - 0 bed, 0 bath
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Santa Ana, California 92704
This Value-Add Residential Income Asset presents a Prime Investment Opportunity with a List Price of $750,000—positioned well below the $778,305 Fair Market Value by 3%. This valuation gap provides $28,305 in Instant Equity. Featuring a Fair Condition Rating, the duplex offers a recently renovated rear unit and a front unit primed for cosmetic updates to capture significant rental upside. Located near South Coast Plaza and Little Saigon, the property includes private patios for each unit. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand rental area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 323 S Jackson Subject | $750,000* List Price | 0 | 0 | 1,733 | $449 | - |
A 3510 & 3512 W Pine Street Active | $899,000 List Price | 0 | 0 | 1,658 | $542 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this duplex presents a split condition profile. While the rear unit has been recently updated with newer kitchen cabinets, countertops, and tile flooring, the front unit is noted as needing cosmetic updates and likely suffers from deferred maintenance. Given the age of the property and the need for rehabilitation in one of the two units to meet modern standards, it fits the 'fair' criteria as a functional but aged value-add opportunity.
Offered for the first time since 1971, this duplex provides a rare opportunity for significant rental upside and equity growth through cosmetic improvements to the front unit.
The property is ideally situated near major hubs like South Coast Plaza and Little Saigon, ensuring high tenant demand and long-term desirability in a vibrant neighborhood.
The rear unit has been recently upgraded with new tile flooring, fresh interior paint, and newer kitchen cabinets, reducing immediate capital expenditure for the new owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 6000.
The front unit requires cosmetic updates to reach its full market potential, necessitating an immediate post-closing budget for renovations.
A significant $100,000 price reduction and multiple status changes suggest initial overvaluation or challenges during previous escrow periods.
Price improvement for a faster sale!!! Welcome to 323 & 321 S. Jackson St., Santa Ana — excellent investment opportunity in a vibrant, multicultural neighborhood. Ideally located close to shops, schools, South Coast Plaza and minutes from Little Saigon in Fountain Valley. The rear unit was recently upgraded with tile flooring, fresh interior paint, and newer kitchen cabinets and countertops. The front unit features tile flooring and is ready for cosmetic updates. Each unit has its own private patio — perfect for BBQs or enjoying warm Southern California days. These units are being offered for the first time since 1971, presenting strong upside potential for a new owner or investor.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,733 | 4,322.5 | 17% |
| Lot Size | 6,098 | 7,623 | 17% |
| Price | $750.0K | $1.63M | 17% |
| Price per sq ft | $433 | $378 | 83% |
| Built year | 1962 | 1969 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 211 | 17% |
Apr 17, 2026
$750,000
$850,000
-12% Price Drop
Initial Listing
Mar 25, 2026
$850,000
$775,000
+10% Price Increase
Initial Listing
Mar 22, 2026
$775,000
$850,000
-9% Price Drop
Initial Listing
Mar 14, 2026
$850,000
Initial Listing