
Santa Ana, California 92701
This Turnkey Residential Income Duplex is listed at $875,000—positioned well below the $880,111 Fair Market Value by 1%. This valuation provides $5,111 in Instant Equity for an asset with an Excellent Condition Rating following a full 2023 renovation. The property features permitted upgrades, modern kitchens, and energy-efficient mini-split A/C systems, ensuring minimal deferred maintenance. Located in historic Heninger Park near Pio Pico Elementary and Santa Ana High, this stabilized asset offers immediate cash flow. It is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 604 S Van Ness Avenue Subject | $799,000* List Price | 0 | 0 | 1,296 | $678 | - |
A 515 S Van Ness Avenue 513 Sold | $1,040,000 | 0 | 0 | 1,597 | $651 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive, permitted renovation in 2023, placing it well within the 5-year window for an excellent rating. Upgrades include modern kitchens and bathrooms, new tile flooring, dual-pane windows, and energy-efficient mini-split HVAC systems. All major systems and cosmetic finishes are virtually new with no deferred maintenance.
The property was fully renovated in 2023 with permitted upgrades, including new kitchens, bathrooms, dual-pane windows, and energy-efficient mini-split A/C systems, ensuring low immediate maintenance costs.
Situated on a desirable corner lot in the historic Heninger Park neighborhood, the property offers high rental demand and excellent walkability to local retail, dining, and schools.
The duplex is currently occupied by stable, long-term tenants with rents at market value, providing a seamless transition and reliable income for an investor from day one.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4356, other record lot size in square feet = 4208.
Both units are 1-bedroom, 1-bathroom configurations of approximately 648 square feet, which may restrict the tenant pool to individuals or couples and limit long-term family occupancy.
The garage structure is shared with the neighboring property, which could lead to potential complications regarding shared maintenance responsibilities or privacy concerns.
Huge price drop! Bring your offers! Property Generates $4400 a month! Beautifully renovated duplex located in the heart of Santa Ana’s historic Heninger Park neighborhood. Situated on a desirable corner lot, this turnkey investment property offers charm, stability, and strong income potential in one of Santa Ana’s most established residential communities. Fully renovated in 2023 with permitted upgrades, the property features two single-story 1-bedroom, 1-bath units, thoughtfully designed side by side. Each unit offers approximately 648 square feet of well-appointed living space with modern finishes and functional layouts that appeal to today’s renters. Recent improvements include new water heaters, new dual-pane windows, energy-efficient mini-split A/C systems, fresh interior and exterior paint, tile flooring throughout, remodeled bathrooms, and beautifully upgraded modern kitchens. The renovations blend contemporary style with everyday comfort, creating a low-maintenance asset for years to come. The property is currently occupied by wonderful long-term tenants with rents at market value and upside potential for future increases, making this an excellent opportunity for both seasoned and first-time investors seeking stable cash flow. Additional features include a one-car garage space with an extended driveway for additional parking. The garage structure is shared with the neighboring property, offering practical functionality while maintaining separation between units. Ideally located within walking distance to restaurants, retail shops, and local schools, this duplex offers convenience and neighborhood charm in a prime central location. 604 S. Van Ness Avenue is a rare opportunity to own a fully renovated, income-producing property in a historic neighborhood known for its character and strong rental demand. A truly turnkey investment with great tenants already in place.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,296 | 2,049 | 14% |
| Lot Size | 4,356 | 7,405 | 14% |
| Price | $799.0K | $1.04M | 29% |
| Price per sq ft | $617 | $393 | 71% |
| Built year | 1922 | 1926 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 170 | 29% |
Apr 16, 2026
$799,000
$870,000
-8% Price Drop
Initial Listing
Apr 10, 2026
$870,000
$875,000
-1% Price Drop
Initial Listing
Mar 11, 2026
$875,000
$899,000
-3% Price Drop
Initial Listing
Feb 24, 2026
$899,000
Initial Listing
Dec 16, 2022
$525,000
Public Record
Dec 15, 2000
$173,000
Public Record