435 E Adams, Santa Ana, California 92707, Santa Ana, 92707 - 2 bed, 1 bath
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Santa Ana, California 92707
This Development-Ready Residential Asset is listed at $849,000, representing a strategic acquisition in the Santa Ana Unified district. While the $765,948 Fair Market Value reflects the current 2-bedroom footprint, the valuation is anchored by the expansive 6,840 sq.ft. Lot and its significant Dual-Unit Potential. The home maintains a Condition Rating of 3 with a renovated Granite Kitchen, updated flooring, and a private Patio. Located steps from Monroe Elementary, this property balances immediate move-in comfort with massive expansion upside. It is perfectly suited for Owner-Occupants or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 435 E Adams Subject | $849,000* List Price | 2 | 1 | 723 | $1,059 | - |
A 2234 Standard Avenue Sold | $815,000 | 3 | 1 | 832 | $980 | 0.4 mi |
B 2125 Rousselle Street Active | $908,000 List Price | 3 | 1 | 978 | $928 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1935, the property is move-in ready due to significant interior updates. The kitchen features modern wood cabinetry, granite countertops, and stainless steel appliances, while the bathroom has been renovated with contemporary large-format tiling. The home also boasts updated laminate flooring, recessed lighting, and neutral paint throughout, though the exterior and driveway show some age-related wear.
The generous 6,840 sq.ft. lot provides a rare opportunity for expansion or the addition of an ADU, making it ideal for investors or developers looking for dual-unit potential.
Situated just minutes from major shopping centers, groceries, and local eateries, the property offers high walkability and easy access to daily essentials.
The home is located less than 0.1 miles from Monroe Elementary School, offering exceptional convenience for families with young children.
At only 723 square feet, the 2-bedroom layout is quite compact by modern standards, which may limit its appeal to buyers seeking spacious indoor living.
Built in 1935, the property likely requires significant 'sweat equity' or capital investment to modernize systems and finishes to meet current building standards.
Charming 2-Bedroom, 1 -bathroom Gem with Immense Development Potential Maximize your investment with this unique opportunity located on a generous 6,840 sq.ft. lot, Whether you are a first-time buyer looking to build sweat equity or a seasoned developer searching for a dual-unit opportunity, this property is a must-see. Located just minutes from a major shopping center, you’ll have quick access to groceries, popular retailers, and local eateries. Don’t miss out on one of the most versatile lots currently on the market!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 723 | 1,315.5 | 3% |
| Lot Size | 6,840 | 6,382 | 79% |
| Price | $849.0K | $870.0K | 41% |
| Price per sq ft | $1.2K | $721 | 97% |
| Built year | 1935 | 1952 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 174 | 3% |
Apr 7, 2026
$849,000
Initial Listing
Jun 24, 2021
$550,000
Public Record
Apr 22, 2011
$210,000
Public Record