626 N Grand, Santa Ana, California 92701, Santa Ana, 92701 - 0 bed, 0 bath
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Santa Ana, California 92701
This Turnkey Multi-Unit Income Property is listed at $1,200,000, representing a premium asset in Santa Ana’s high-demand rental corridor. While the Fair Market Value is $1,057,507, the valuation is supported by a Condition Rating of 3 and significant capital improvements, including Solar Panels and a Private Pool. The rare "two-on-a-lot" configuration, featuring a main house and bachelor unit, offers immediate cash flow and versatility. With 6 Dedicated Parking Spaces and easy I-5 access, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 626 N Grand Subject | $1,200,000* List Price | 0 | 0 | 1,519 | $696 | - |
A 500 E 15th Active | $1,250,000 List Price | 0 | 0 | 1,826 | $685 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1940, the property is move-in ready and shows evidence of extensive updates within the last 5-15 years. The kitchen features modern white shaker-style cabinetry, stone countertops, and stainless steel appliances. The interior includes updated laminate/LVP flooring, recessed lighting, and modernized bathrooms. The presence of energy-efficient solar panels and a well-maintained pool area indicates proactive maintenance and recent capital improvements, meeting the criteria for a well-maintained, functional property.
This rare 'two-on-a-lot' configuration includes a main residence, a bachelor apartment, and a permitted playroom, providing immediate cash flow and versatility for investors or multi-generational families.
The property features energy-efficient solar panels and a private pool, a combination that significantly reduces utility overhead while increasing tenant desirability and property value.
Offering six dedicated parking spaces in a dense urban market and immediate access to the I-5 freeway, the property solves common local pain points for commuters and multi-tenant households.
Built in 1940, the property may require more frequent maintenance or future capital expenditures to address aging systems typical of homes from this era.
With multiple units, a pool, and six parking spaces squeezed into 1,519 square feet of living space, the individual units may feel compact and lack significant private outdoor yard space.
Amazing Income Producing Two-on-a-Lot Opportunity + Private Pool + Solar + Easy Freeway Access Nestled in the heart of Santa Ana’s highly sought after 92701 corridor, this rare two-on-a-lot property is a must-see gem for savvy investors or large families seeking flexible living space and strong income potential. Boasting a main residence, a bachelor apartment, and a permitted playroom, with a private pool and expansive outdoor space perfect for entertaining, relaxing, or supplemental rental income. Key Highlights: Fully rented and income producing, exceptional tenant demand in a central, commuter-friendly location. Private pool a standout amenity for tenant attraction or family enjoyment. Solar panels energy-efficient and cost-saving, adding both sustainability and buyer appeal. 6 dedicated parking spaces unmatched convenience in Santa Ana’s urban market. Easy access to the I-5 Freeway, making this a commuter-friendly hub for tenants and owners alike. Great for multi-generational living or effective portfolio addition combine owner use with income generation. Whether you’re an investor seeking a solid cash-flow asset or a homeowner wanting flexible living with built-in return, this versatile property delivers with potential for appreciation and turnkey stability in a central Orange County location.
No exterior & parking available.
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 | 1,519 | 2,049 | 14% |
| Lot Size | 6,350 | 7,405 | 43% |
| Price | $1.20M | $1.08M | 57% |
| Price per sq ft | $790 | $393 | 86% |
| Built year | 1940 | 1939 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 170 | 14% |
Mar 5, 2026
$1,200,000
Initial Listing
Apr 2, 2018
$697,500
Public Record
May 17, 1999
$153,500
Public Record
Mar 27, 1998
$125,000
Public Record