
Santa Ana, California 92703
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,040,000—positioned well below the $1,094,210 Fair Market Value by 4%. This valuation gap provides $54,210 in Instant Equity. Featuring a Fair Condition Rating with modern interior updates, the property offers a 5-bedroom layout and a large backyard with a private patio. This is an ideal acquisition for Buy-and-Hold Investors or multi-generational households seeking a flexible, high-potential asset in the Garden Grove Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5214 W 3rd Subject 5 bd · 3 ba · 2,201 sqft · $504 | $1,070,000* List Price | 5 | 3 | 2,201 | $504 | - |
A 4303 W 5th Sold 3 bd · 2 ba · 1,884 sqft · $504 · 0.7 mi | $950,000 | 3 | 2 | 1,884 | $504 | 0.7 mi |
B 805 N Euclid Street Active 4 bd · 2 ba · 1,967 sqft · $584 · 0.4 mi | $1,149,000 List Price | 4 | 2 | 1,967 | $584 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the original build date is 1915, the property has clearly undergone a major rebuild or significant renovation in recent decades. The interior features updated bathrooms with modern glass enclosures and vanities, recessed lighting, and functional tile/laminate flooring. While the presence of a wall AC unit suggests the HVAC systems may not be fully modernized, the home is well-maintained, spacious, and move-in ready.
Boasting approximately 2,201 square feet with high vaulted ceilings and an open-concept layout, this home offers a rare sense of volume and comfort for large households.
With a 5-bedroom configuration and a functional floor plan, the property provides excellent flexibility for growing families, investors, or multi-generational living arrangements.
The 6,534 square foot lot includes a large backyard for recreation and a storage shed, complemented by ample front parking, which is a significant asset in this neighborhood.
Originally built in 1915, the property’s age may necessitate significant updates to major systems like plumbing, electrical, and foundation to meet modern standards.
There is a noted discrepancy between the advertised bedroom count and public records, which may indicate unpermitted additions and could impact appraisal values or financing options.
Welcome to 5214 W. 3rd Street in Santa Ana! This spacious home offers approximately 2,201 square feet of living space on a generous 6,534 square foot lot, with 5 bedrooms and 3 bathrooms. Step through the front door and immediately appreciate the impressive high vaulted ceilings, open and spacious concept, and functional floor plan designed for comfortable everyday living and entertaining. The generous layout provides plenty of room for a large or growing household and offers flexibility for a variety of living arrangements. With its size and potential, this property presents a wonderful opportunity for a first-time homebuyer, multi-generational household, or investor looking to add value and make the home their own. Outside, the property offers ample front parking along with a large backyard providing plenty of space for entertaining, gardening, or recreation. A large storage shed in the backyard provides additional space for tools, equipment, and storage. Conveniently located in Santa Ana near shopping, dining, schools, parks, and major freeways routes. This is a great opportunity to own a spacious property with plenty of indoor and outdoor space in the heart of Orange County. Buyer and buyer’s agent are advised to independently verify all property information, including but not limited to bedroom count, bathroom count, square footage, lot size, permits, additions, and intended use, to their own satisfaction. Bedroom count may differ from public records.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,201 | 1,542.506 |
| Lot Size | 6,480 | 6,744.358 |
| Price | $1.07M | $1.02M |
| Price per sq ft | $486 | $687 |
| Built year | 1915 | 1958 |
| HOA | $0 | $204 |
| Days on market | 12 | 49 |
Oct 24, 2026
$1,070,000
$1,040,000
+3% Price Increase
Initial Listing
Oct 13, 2026
$1,040,000
Initial Listing
Dec 23, 2011
$452,500
Public Record
Oct 31, 2007
$600,000
Public Record