701 Sunset N, Santa Ana, California 92703, Santa Ana, 92703 - 4 bed, 2 bath
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Santa Ana, California 92703
This Multi-Unit Income Property is a High-Potential Investment Opportunity, listed at $870,000—positioned well below the $909,252 Fair Market Value by 4%. This valuation gap provides $39,252 in Instant Equity for the incoming buyer. Featuring a renovated kitchen with shaker cabinetry and two rear studios currently generating $1,630 monthly income, the home maintains a Good Condition Rating. Located on a quiet cul-de-sac near Willowick Golf Course and the top-rated Santiago High School, it offers a rare blend of lifestyle and cash flow. This is an ideal acquisition for Owner-Occupants seeking a mortgage helper or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 Sunset N Subject | $870,000* List Price | 4 | 2 | 1,550 | $587 | - |
A 825 N Raitt Street Sold | $810,000 | 3 | 3 | 1,300 | $623 | 0.3 mi |
B 1205 English Sold | $935,000 | 3 | 2 | 1,332 | $702 | 0.3 mi |
C 1014 N Daisy Avenue Sold | $843,000 | 3 | 2 | 1,479 | $570 | 0.3 mi |
D 2142 W 11th Street Sold | $900,000 | 4 | 3 | 1,663 | $541 | 0.3 mi |
E 519 English Active | $775,000 List Price | 3 | 2 | 1,326 | $584 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a recently renovated kitchen with modern shaker cabinetry, stone countertops, and stainless steel appliances, as well as updated bathrooms. While the home retains some original 1954 elements like popcorn ceilings and older built-ins, the primary living areas have been upgraded with new flooring and contemporary finishes, making it move-in ready.
The property features two rear studio units currently generating $1,630 per month, offering an excellent mortgage helper for owner-occupants or a high-yield opportunity for investors.
The main residence provides a functional 4-bedroom, 2-bathroom layout complemented by an expansive driveway and a 1-car garage, accommodating large families and multiple vehicles with ease.
Situated on a quiet cul-de-sac near the Willowick Golf Course, the home offers a peaceful setting while remaining minutes away from major freeways, shopping centers, and dining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1550, other record living area = 1205. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1954, the property may require updates to its core systems and cosmetic finishes to meet modern energy efficiency and aesthetic standards.
While some nearby schools perform well, several assigned institutions have lower ratings, which may be a consideration for families prioritizing high-performing educational districts.
Experience the perfect blend of comfort and income potential with this charming single-family residence situated on a quiet cul-de-sac near the scenic Willowick Golf Course. Spanning 1,550 square feet of functional living space, the main home features 4 bedrooms and 2 bathrooms, including a versatile fourth bedroom perfect for large families or a home office. The property boasts a convenient 1-car garage complemented by an expansive driveway providing ample parking for multiple vehicles. A standout feature of this investment opportunity is the two studio units located in the rear, currently generating $1,630 per month in rental income. Perfectly positioned for modern convenience, you are just minutes away from the Walmart Supercenter, diverse shopping, dining, professional offices, and major freeway access. Whether you are looking for a primary residence with a mortgage helper or a savvy addition to your portfolio, this Santa Ana gem offers unparalleled value in a prime location.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,550 | 1,300 | 77% |
| Lot Size | 6,036 | 6,405 | 28% |
| Price | $870.0K | $837.0K | 57% |
| Price per sq ft | $561 | $661 | 28% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 174 | 2% |
Apr 14, 2026
$870,000
Initial Listing
Dec 24, 2008
$300,000
Public Record
Nov 10, 2005
$600,000
Public Record
Oct 1, 2004
$473,000
Public Record