
Santa Ana, California 92703
This property represents a High-Potential Investment Opportunity, listed at a List Price of $870,000—positioned above the $826,373 Fair Market Value. While priced at a premium, the asset features Approved ADU Plans for an 898-square-foot unit, providing significant Development Potential on its 7,505 sqft Corner Lot. With a Condition Rating of 2, the main residence is fully turnkey. This property is a strategic acquisition for Buy-and-Hold Investors or multi-generational buyers looking to leverage immediate rental income or expansion capabilities in Santa Ana.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 408 N Jackson Street Subject | $870,000* List Price | 2 | 1 | 926 | $892 | - |
A 802 N Gunther Street Pending | $865,000 List Price | 3 | 2 | 1,259 | $687 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1955, the property is described as recently remodeled and freshly updated. Interior photos confirm a modern renovation with new laminate flooring, recessed lighting, and smooth ceilings, meeting the criteria for a high-quality renovation within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7505, living area = 926.
The property includes approved plans for a detached 898-square-foot ADU featuring 3 bedrooms and 3 bathrooms, offering immediate value-add for rental income or multi-generational living.
Situated on a large 7,500+ square foot corner lot with alley access, the property provides significant outdoor space and logistical ease for future construction and expansion.
The property was recently sold within the past year on 2025-11-18. The sold price is $837,000.00.
The current main residence offers only 926 square feet of living space and a single bathroom, which may be restrictive for larger families or those seeking more spacious primary quarters.
At a list price of $870,000, the property commands a premium price relative to its current finished square footage, placing heavy emphasis on the buyer's ability to execute the ADU plans.
2 HOUSE ON A LOT 7500+ SQFT, READY TO BUILT. Welcome to this recently remodeled single-story home, perfectly situated on a expansive corner lot exceeding 7,500 square feet in the heart of Santa Ana. Freshly updated and completely move-in ready, this inviting residence offers an exceptional blend of modern comfort, classic style, and location convenience. Just 7 minutes from vibrant Bolsa Little Saigon, you will enjoy effortless access to top-tier dining, local shopping, major freeways, and everything Orange County has to offer. Step inside to a light-filled 2-bedroom, 1-bathroom floor plan designed for effortless living. Beyond the main residence, the substantial corner lot features convenient alley access and abundant outdoor space with endless potential—ideal for gardening, entertaining, or future expansion. Adding unmatched value for investors or multi-generational buyers, the property comes complete with approved plans to build a detached 898-square-foot ADU featuring 3 bedrooms, 3 bathrooms, a private patio, and its own separate address—ready to begin construction immediately. Whether you are a first-time homebuyer searching for a turnkey oasis or a savvy investor looking to build instant rental income, this high-demand opportunity is one you cannot afford to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 926 | 1,531.136 |
| Lot Size | 7,505 | 6,702.356 |
| Price | $870.0K | $1.07M |
| Price per sq ft | $940 | $690 |
| Built year | 1955 | 1958 |
| HOA | $0 | $236 |
| Days on market | 20 | 51 |
Aug 20, 2026
$870,000
Initial Listing
Nov 18, 2025
$837,000
Public Record