519 519 S Susan, Santa Ana, California 92704, Santa Ana, 92704 - 1 bed, 1 bath
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Santa Ana, California 92704
Analysis of 519 519 S Susan, Santa Ana, California 92704 is currently available with a list price of $949,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1947, making it 77 years old. The listing description explicitly states 'Value in land,' indicating that the structure itself is not the primary asset. Furthermore, there are no interior images provided, which strongly suggests the house is not in a presentable or livable condition. Given its age and the emphasis on land value, the structure is likely beyond repair and intended for demolition to maximize the potential of the large lot.
The property boasts a substantial lot size of over 12,000 SQFT, offering ample space for expansion, landscaping, or potential redevelopment in a desirable urban area.
Situated in a 'Prime Location' within Santa Ana, the property benefits from strong regional demand, access to amenities, and potential for appreciation.
The listing explicitly states 'Value in land,' indicating that the primary asset is the large parcel, making it attractive for long-term investment or custom build projects.
The existing home is only 438 SQFT with 1 bed/1 bath, which is significantly undersized for a single-family residence and limits immediate livability without substantial investment.
Built in 1947, the current dwelling is likely outdated and may require extensive renovations, or a complete tear-down, to align with modern standards and maximize the land's potential.
The list price of $949,000 is primarily for the land, making the existing small, older structure a secondary consideration and potentially an additional cost for removal or extensive renovation.
Prime Location with huge lot over 12000 SQFT. Value in land.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 3% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 438 | 1,457 | 2% |
| Lot Size | 12,196 | 6,100 | 98% |
| Price | $949.0K | $962.5K | 47% |
| Price per sq ft | $2.2K | $670 | 98% |
| Built year | 1947 | 1963 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 203 | 154 | 77% |
Oct 1, 2025
$949,000
Initial Listing