4301 W Lilac, Santa Ana, California 92704, Santa Ana, 92704 - 5 bed, 2 bath
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Santa Ana, California 92704
Analysis of 4301 W Lilac, Santa Ana, California 92704 is currently available with a list price of $1,899,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Ana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel (under 5 years) including a modern kitchen with shaker cabinetry and new countertops, new hard-surface flooring, and fresh paint. Critical systems have been fully updated with a new roof, new windows, and new central heating and A/C, meeting the criteria for mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16117, living area = 1957.
The property features two fully detached homes with separate street addresses and utilities on a single lot, providing immediate rental income or a perfect setup for multigenerational living.
The massive 16,117 sq ft corner lot offers rare SB 9 urban lot split potential, allowing for a legal division into two parcels with the possibility of adding ADUs and JADUs to maximize density.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16117, other record lot size in square feet = 16010. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1957, other record living area = 1008. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Both units are currently tenant-occupied with one lease extending through October 2026, which limits immediate possession for owner-occupants or developers looking to start construction.
The property is being sold in as-is condition, placing the burden of all future repairs and the verification of complex development permits entirely on the buyer.
TWO DETACHED RIVERVIEW WEST HOMES ON A 16,117 Sq Ft R1 CORNER LOT. Discover a unique opportunity with this exceptional offering in Riverview West where each home has its own street address, separate utilities and frontage. 4301 W. Lilac Ave. features 3 bedrooms plus an office/flex room, 1 bathroom, and spans 1,008 sq ft. It has been recently remodeled with an updated kitchen, Shaker cabinetry, new countertops, fresh paint, hard-surface flooring, new central heating and A/C, a new roof, new windows, and new turf landscaping. It also includes a 2-car garage with laundry hookups. This property is positioned on the larger approximately 10,000 sq ft portion of the lot. 1223 S. Gates St. includes 2 bedrooms and 1 bathroom, covering 948 sq ft. It has a 1-car garage, washer/dryer hookups, and a large, fenced yard of about 6,000 sq ft. Both homes have been county-confirmed, permitted, and are reflected on title. Currently, both homes are tenant-occupied and generating income—the 3-bedroom home is leased through October 2026, while the 2-bedroom home is on a month-to-month lease. This setup is ideal for investors, owner-occupants, or multigenerational living situations. Massive Lot Potential for Split. A licensed surveyor has confirmed that this over 16,000 sq ft corner lot can be divided into two independent parcels. A buyer who occupies one of the homes may pursue a potential SB 9 urban lot split to officially divide the property, with the possibility of adding an Accessory Dwelling Unit (ADU) and potentially a Junior Accessory Dwelling Unit (JADU) on each side. Buyers should independently verify SB 9 eligibility, ADU/JADU allowances, and all development potential with the City of Santa Ana. Situated in a prime location this property is just minutes away from Mile Square Regional Park, which offers 640 acres of trails, ball fields, golf courses, and playgrounds. It also provides quick access to the 22 and 405 freeways. Notable locations like South Coast Plaza are only 3 miles away, with Disneyland and Knott's Berry Farm less than 7 miles away, and Old Towne Orange located 3 miles to the east. The homes are served by the Garden Grove Unified School District, which includes Fitz Intermediate Language Academy (B+ rating, 7/10 on GreatSchools), a distinguished feature for a Santa Ana address. Please note that the property is sold as-is and we kindly ask that you do not disturb the occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,957 | 1,505 |
| Lot Size | 16,117 | 6,834.5 |
| Price | $1.90M | $1.05M |
| Price per sq ft | $970 | $672 |
| Built year | 1950 | 1957 |
| HOA | $0 | $215 |
| Days on market | 21 | 50 |
Jul 1, 2026
$1,899,000
Initial Listing