
Santa Ana, California 92703
This property presents a Strong Value Opportunity with a List Price of $990,000—positioned above the $920,773 Fair Market Value. While currently priced above the estimated market value, the Dual-Unit Configuration and Separate Utility Metering provide a distinct Asset for income generation. With a Condition Rating of 5, the property requires significant capital expenditure to address deferred maintenance. This Value-Add project is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to maximize long-term rental yields.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 816 N Jackson Subject 0 bd · 0 ba · 2,061 sqft · $447 | $990,000* List Price | 0 | 0 | 2,061 | $447 | - |
A 4303 W 5th Sold 3 bd · 2 ba · 1,884 sqft · $504 · 0.6 mi | $950,000 | 3 | 2 | 1,884 | $504 | 0.6 mi |
B 901 N Mountain View Sold 3 bd · 2 ba · 1,498 sqft · $611 · 0.6 mi | $915,000 | 3 | 2 | 1,498 | $611 | 0.6 mi |
C 2125 W 11th Active 3 bd · 2 ba · 1,493 sqft · $553 · 0.9 mi | $824,900 List Price | 3 | 2 | 1,493 | $553 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965 with no evidence of recent renovations. The interior shows significant deferred maintenance, including missing kitchen cabinet doors, damaged walls, and outdated bathroom fixtures. The listing explicitly states the homes need 'TLC' after 15 years of tenancy, indicating a requirement for a full rehab.
The property features two separate houses with individual addresses on a single lot, providing exceptional flexibility for multi-generational living or dual rental income streams.
Equipped with two gas and two electric meters, the property simplifies property management by allowing tenants to be billed independently for their own consumption.
With a two-car garage and a three-car carport, the property offers significant parking capacity, which is a highly sought-after commodity in the Santa Ana market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2061, other record living area = 919.
Both residences require significant 'TLC' after 15 years of continuous tenancy, indicating the need for immediate capital expenditure for renovations and repairs.
Given the 1965 construction and long-term occupancy, the interiors likely lack modern amenities and energy-efficient systems, potentially impacting initial rental yields.
Two separate houses in one lot. 2 different addresses 814 and 816 N. Jackson Street. 2 Gas meters, 2 electric meters. Front house 2 bedroom one bath with a front carport for 3 cars. Back house 3 bedrooms 1 bath. 2 car garage attached. Both houses need TLC they were rented to same tenants for almost 15 years.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,061 | 1,542.506 |
| Lot Size | 6,098 | 6,744.358 |
| Price | $990.0K | $1.02M |
| Price per sq ft | $480 | $687 |
| Built year | 1965 | 1958 |
| HOA | $0 | $204 |
| Days on market | 6 | 49 |
Oct 19, 2026
$990,000
Initial Listing
Mar 21, 2017
$400,000
Public Record
Nov 28, 2006
$657,000
Public Record
Jul 27, 2004
$510,000
Public Record