408 S Flower Street, Santa Ana, California 92703, Santa Ana, 92703 - bed, bath
ACTIVE$1,099,900
408 S Flower Street, Santa Ana, California 92703
0Bed
0Bath
1,722Sqft
6,750Lot
Price Vs. Estimate
The estimated value ($1,086,191.02) is $13,708.98 (1%) lower than the list price ($1,099,900). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating Potential: The property includes a separate Accessory Dwelling Unit (ADU), offering significant flexibility for rental income, multi-generational living, or a dedicated home office space.
Top Cons:
Age of Property: Built in 1922, the property is over a century old. While remodeled, older homes can present unforeseen maintenance challenges or require updates to underlying infrastructure (e.g., plumbing, electrical) not covered by cosmetic renovations.
Compared to the nearby listings
Price:$1.10M vs avg $810.0K (+$289,900)95%
Size:1,722 sqft vs avg 1,224 sqft84%
Price/sqft:$639 vs avg $66147%
More Insights
Built in 1922 (103 years old).
Condition: Despite being built in 1922, the property has undergone a comprehensive and recent renovation, as described and evidenced by the images. The main home is a 'turn-key unit' with 'brand new luxury vinyl flooring, brand-new paint, and recessed lights throughout.' The kitchen is 'fully modern' with white cabinetry, quartz countertops, and stainless-steel appliances, all appearing new. The bathroom is 'luxuriously upgraded' with large format tile, a glass shower enclosure, dual vanity, and an LED light-up mirror, presenting a pristine, modern finish. All visible components meet current quality standards with no signs of wear or deferred maintenance, indicating an extensive renovation within the last 5 years.
Year Built
1922
Close
-
List price
$1.1M
Original List price
$1.25M
Price/Sqft
$639
HOA
-
Days on market
-
Sold On
-
MLS number
OC25071960
Home ConditionExcellent
Features
Patio
View-
About this home
Property to be delivered vacant by close of escrow. Beautifully Remodeled Home with a Separate ADU. Rent one and Live in the other. The Main Home has 3 bedrooms, 1 bathroom, and 1148 sq ft living space. Step inside to a turn-key unit with a large open living room to the kitchen area. This open floor plan features the living room, dining, and kitchen all together in one cohesive space. This unit offers brand new luxury vinyl flooring, brand-new paint, and recessed lights throughout. The kitchen is fully modern with white cabinetry, quartz countertops, and stainless-steel appliances. The bedrooms have ample closet space. The bathroom is luxuriously upgraded with large format tile detailed walls, LED light-up mirror, brand new vanity, and shower. Other great features include recessed windows. ADU has 1 bedroom 2 bath with an office that you can put up a wall and make it another room. The back of the lot has a 2-car garage.
Nearby schools
3/10
Lowell Elementary School
Public,•K-5•0.3mi
4/10
Pio Pico Elementary School
Public,•K-5•0.3mi
2/10
Julia C. Lathrop Intermediate School
Public,•6-8•0.7mi
2/10
Willard Intermediate School
Public,•5-8•1.0mi
3/10
Santa Ana High School
Public,•9-12•0.2mi
Condition Rating
Excellent
Despite being built in 1922, the property has undergone a comprehensive and recent renovation, as described and evidenced by the images. The main home is a 'turn-key unit' with 'brand new luxury vinyl flooring, brand-new paint, and recessed lights throughout.' The kitchen is 'fully modern' with white cabinetry, quartz countertops, and stainless-steel appliances, all appearing new. The bathroom is 'luxuriously upgraded' with large format tile, a glass shower enclosure, dual vanity, and an LED light-up mirror, presenting a pristine, modern finish. All visible components meet current quality standards with no signs of wear or deferred maintenance, indicating an extensive renovation within the last 5 years.
Pros & Cons
Pros
Income-Generating Potential: The property includes a separate Accessory Dwelling Unit (ADU), offering significant flexibility for rental income, multi-generational living, or a dedicated home office space.
Extensive Modern Remodel: Both the main home and ADU have undergone beautiful and modern remodels, featuring brand new luxury vinyl flooring, fresh paint, recessed lighting, a fully updated kitchen with quartz countertops and stainless-steel appliances, and a luxuriously upgraded bathroom.
Turn-Key Condition: Described as a 'turn-key unit,' the property is ready for immediate occupancy, minimizing initial renovation costs and effort for the new owner.
Open Concept Living: The main home features a large, open floor plan seamlessly connecting the living room, dining area, and kitchen, which is highly desirable for modern lifestyles and entertaining.
Generous Lot Size: With a 6750 sq ft lot, the property offers ample outdoor space, which is a valuable asset in an urban setting like Santa Ana.
Cons
Age of Property: Built in 1922, the property is over a century old. While remodeled, older homes can present unforeseen maintenance challenges or require updates to underlying infrastructure (e.g., plumbing, electrical) not covered by cosmetic renovations.
Lack of Mentioned Cooling System: The property description does not specify the presence of a cooling system (e.g., central air conditioning), which could be a significant drawback during warmer months in Santa Ana.
Significant Price Reductions: The listing history shows multiple price reductions from an original list price of $1.25M to the current $1.0999M, which may suggest initial overpricing or market resistance to the current value.