
Santa Ana, California 92704
This property presents a High-Potential Investment Opportunity with a List Price of $824,777—positioned well below the $797,441 Fair Market Value by -3%. While the home carries a Condition Rating of 5, the 7,104 sqft corner lot offers significant ADU Potential for forced appreciation. Located in the Garden Grove Unified school district, this asset provides a strategic foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to modernize a classic 1962 floor plan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 617 S Corwin Court Subject | $824,777* List Price | 3 | 2 | 1,200 | $665 | - |
A 3621 W Crystal Ln. Sold | $850,000 | 3 | 1 | 1,059 | $803 | 0.4 mi |
B 1013 S Shawnee Drive Sold | $875,000 | 3 | 2 | 1,231 | $711 | 0.3 mi |
C 506 S Arapaho Drive Sold | $775,000 | 3 | 2 | 1,302 | $595 | 0.2 mi |
D 709 S Diamond Street Sold | $720,000 | 3 | 2 | 1,283 | $561 | 0.8 mi |
E 4512 W Watkins Way Sold | $885,000 | 3 | 2 | 1,128 | $785 | 0.9 mi |
F 1326 S Marine Sold | $680,000 | 3 | 2 | 1,071 | $635 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 (62 years old) with no evidence of major renovations; interior features dated popcorn ceilings and accordion doors, while the listing emphasizes 'potential' and a 'blank canvas,' indicating the home requires significant rehab and likely system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7104, living area = 1200.
The generous 7,104 sqft corner lot with a rectangular backyard provides an ideal 'blank canvas' for a future Accessory Dwelling Unit (ADU) or property expansion.
Conveniently situated across from an elementary school and near major freeways, shopping, and dining, this home offers excellent accessibility for families and commuters.
Built in 1962, the property may require modernization or cosmetic upgrades to meet current energy efficiency and contemporary design standards.
The listing specifies no scenic views, which may be a disadvantage for buyers seeking the aesthetic premiums often found in the Southern California market.
Great corner lot with a large backyard has a classic 3-bedroom, 2-bathroom home offering the perfect blend of comfort and a lot potential. The property is situated within an established residential area and is conveniently located across from the elementary school, shopping, dining, and offers quick access to major freeways. This location provides easy access to everything Orange County has to offer. This property presents an exceptional opportunity with the generous backyard—a blank canvas ready for a future ADU or anything your heart desires.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,200 | 1,505 |
| Lot Size | 7,104 | 6,834.5 |
| Price | $824.8K | $1.05M |
| Price per sq ft | $687 | $672 |
| Built year | 1962 | 1957 |
| HOA | $0 | $215 |
| Days on market | 21 | 50 |
Jul 1, 2026
$824,777
Initial Listing