435 S Ross Street, Santa Ana, California 92701, Santa Ana, 92701 - bed, bath
ACTIVE$930,000
435 S Ross Street, Santa Ana, California 92701
0Bed
0Bath
1,790Sqft
4,792Lot
Year Built
1923
Close
-
List price
$930K
Original List price
$965K
Price/Sqft
$520
HOA
-
Days on market
-
Sold On
-
MLS number
PW25051485
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $930.0K(43th), sqft - 1790(50th), beds - undefined(50th), baths - undefined(50th).
3 Unit Property Great For Investors. 2 Front units are both 2 beds 1 Bath with 1 Car Garage space. Back Unit is a Detached 1 bedroom 1 bath. This is a Great investment with Positive Cash Flow. Property needs some TLC. Property is being Sold AS-IS. Address for units are 435 / 437 / 437-1/2. Offer subject to Interior Inspection.
Nearby schools
3/10
Lowell Elementary School
Public,•K-5•0.3mi
4/10
Pio Pico Elementary School
Public,•K-5•0.4mi
3/10
Martin R. Heninger Elementary School
Public,•K-8•0.2mi
2/10
Julia C. Lathrop Intermediate School
Public,•6-8•0.5mi
2/10
Willard Intermediate School
Public,•5-8•1.1mi
3/10
Santa Ana High School
Public,•9-12•0.3mi
Price History
Date
Event
Price
08/13/25
Price Change
$930,000
03/08/25
Listing
$965,000
Condition Rating
Poor
Built in 1923, this property is over 100 years old. The listing explicitly states it 'needs some TLC' and is being 'Sold AS-IS,' with the property analysis noting it 'likely requires substantial updates to plumbing, electrical, and other core systems.' The exterior images show significant age and wear, consistent with a lack of recent renovation. While no interior images are provided, the age and description strongly suggest that kitchens, bathrooms, and major systems are severely outdated and in poor condition, requiring substantial repairs and rehabilitation to meet modern standards.
Pros & Cons
Pros
Income-Generating Triplex: The property is a triplex, offering three distinct rental units, making it an excellent income-generating asset for investors seeking multiple revenue streams.
Positive Cash Flow Potential: Explicitly marketed with 'Positive Cash Flow,' indicating a strong financial return opportunity and attractive investment for a buyer.
Diverse Unit Configuration: Features two 2-bedroom/1-bath units and one detached 1-bedroom/1-bath unit, providing flexibility in tenant demographics and rental strategies.
Included Garage Space: The front units benefit from dedicated 1-car garage spaces, a valuable amenity for tenants that enhances rental appeal and convenience.
Recent Price Reduction: The list price has been reduced from $965,000 to $930,000, potentially offering a more attractive entry point and value proposition for buyers.
Cons
As-Is Condition & Required TLC: The property is sold 'AS-IS' and 'needs some TLC,' implying significant immediate investment for repairs, renovations, and upgrades by the buyer.
Historic Property (Built 1923): As a property built in 1923, it likely requires substantial updates to plumbing, electrical, and other core systems to meet modern standards and tenant expectations, incurring additional costs.
Interior Inspection Contingency: Offers are subject to interior inspection, which, combined with the 'AS-IS' condition, suggests potential for unforeseen issues and costs to be discovered post-offer.