
Santa Ana, California 92703
This Residential Income Duplex is a Strong Value Opportunity, listed at $1,089,000—positioned well below the $1,109,180 Fair Market Value by 1.8%. This valuation gap offers $20,180 in Instant Equity for the buyer. With a Fair Condition Rating, the property features recent interior refreshes while offering significant upside through exterior modernization. Its large lot and central location provide excellent rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through steady rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4619 W 3rd Subject | $1,089,000* List Price | 0 | 0 | 2,077 | $534 | - |
A 1314 N Bewley Street Active | $1,200,000 List Price | 0 | 0 | 2,328 | $515 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, the property has received a recent cosmetic interior refresh including new laminate flooring and paint, making it functional for tenants. However, the exterior shows significant age with boarded-up garage doors and older aluminum windows, and there is no evidence of recent major system (HVAC/Electric) or full kitchen/bath renovations, necessitating minor repairs and updates.
This well-maintained duplex offers two separate residences with private entrances, providing an ideal opportunity for house-hacking owner-occupants or investors seeking steady rental income with significant upside.
The property features a large side and backyard area, a rare amenity for multi-family units that enhances tenant appeal for families and outdoor entertaining.
Centrally located in Orange County with easy access to major freeways, shopping, and dining, ensuring high demand and long-term desirability for both owners and tenants.
Built in 1965, the property may require ongoing maintenance or capital improvements to modernize systems and maintain its competitive edge in the rental market.
While some nearby schools are highly rated, others in the immediate vicinity have lower scores, which may impact the property's appeal to education-focused families.
Exceptional opportunity to own a well-maintained duplex in the heart of Santa Ana. Located at 4617-4619 W. 3rd Street, this income-producing property offers two separate residences, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking steady rental income with significant upside potential. Each unit features its own private entrance, functional floor plan and dedicated living spaces designed for comfort. The property and surrounding neighborhood offer ample parking for added convenience and tenant appeal. In addition a large side yard / backyard area makes it ideal for young families or backyard grillers. Conveniently situated near shopping, dining, schools, parks and major freeways, this centrally located property provides easy access to all that Orange County has to offer. Whether you are looking to expand your investment portfolio or purchase a property with long-term income potential, this is an opportunity you wont want to miss.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades PK-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.5 |
| Square foot | 2,077 | 2,400 |
| Lot Size | 6,534 | 8,139.5 |
| Price | $1.09M | $1.05M |
| Price per sq ft | $524 | $429 |
| Built year | 1965 | 1952 |
| HOA | $0 | $0 |
| Days on market | 22 | 100 |
Jun 30, 2026
$1,089,000
Initial Listing
May 11, 2017
$500,000
Public Record
Aug 22, 1997
$120,000
Public Record