821 823 Gunther Street, Santa Ana, California 92703, Santa Ana, 92703 - bed, bath
ACTIVE$1,650,000$2,391/sqft
821 823 Gunther Street, Santa Ana, California 92703
0Bed
0Bath
2,391Sqft
6,100Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a well-maintained duplex, explicitly designed as a residential income property, offering strong rental income potential for investors or owner-occupants.
Top Cons:
Age of Construction: Built in 1947, the property's age suggests potential for original systems (plumbing, electrical, HVAC) that may require future upgrades or significant maintenance, despite being well-maintained overall.
Compared to the nearby listings
Price:$1.65M vs avg $965.0K (+$685,000)91%
Size:2,391 sqft vs avg 1,474 sqft82%
Price/sqft:$690 vs avg $60564%
More Insights
Built in 1947 (79 years old).
Condition: Built in 1947, this duplex shows its age despite being described as 'well-maintained.' While the rear unit has 'new carpet and fresh paint,' these are cosmetic updates. The front unit's kitchen features dated white cabinets, granite-look laminate countertops, a pinkish-brown tile backsplash, and older white appliances, suggesting a renovation from 15-30 years ago. Bathrooms in the rear unit are clean and functional but basic in style, not reflecting modern extensive renovations. The property lacks central HVAC (window units visible) and has basic light fixtures and older-style flooring (tile and older carpet in the front unit). Major systems are likely functional but outdated, requiring significant modernization beyond the recent cosmetic refresh in one unit.
Year Built
1947
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$690
HOA
-
Days on market
-
Sold On
-
MLS number
PW26008072
Home ConditionFair
Features
Patio
View-
About this home
Are you looking for a great investment? Look no further! This well-maintained duplex sits on a beautiful corner lot and offers exceptional potential. Located in a very nice, quiet neighborhood with high rental demand, the property is in the heart of Little Saigon—just minutes from Vietnam Town, supermarkets, schools, and hospitals. The front unit features 2 bedrooms, 1 bathroom, and a 2-car garage. The rear unit offers 3 bedrooms and 3 bathrooms and has been recently renovated with new carpet and fresh paint. The property also includes three driveways with parking for up to six vehicles, a rare and valuable feature. This is an excellent opportunity for investors or owner-occupants seeking strong rental income in a prime location.
A
Anh Quan Vu Nguyen
Listing Agent
Condition Rating
Fair
Built in 1947, this duplex shows its age despite being described as 'well-maintained.' While the rear unit has 'new carpet and fresh paint,' these are cosmetic updates. The front unit's kitchen features dated white cabinets, granite-look laminate countertops, a pinkish-brown tile backsplash, and older white appliances, suggesting a renovation from 15-30 years ago. Bathrooms in the rear unit are clean and functional but basic in style, not reflecting modern extensive renovations. The property lacks central HVAC (window units visible) and has basic light fixtures and older-style flooring (tile and older carpet in the front unit). Major systems are likely functional but outdated, requiring significant modernization beyond the recent cosmetic refresh in one unit.
Pros & Cons
Pros
Income-Generating Duplex: The property is a well-maintained duplex, explicitly designed as a residential income property, offering strong rental income potential for investors or owner-occupants.
Prime Location & High Demand: Located in the heart of Little Saigon, minutes from key amenities like Vietnam Town, supermarkets, schools, and hospitals, in a quiet neighborhood with high rental demand.
Exceptional Parking & Corner Lot: Features three driveways with parking for up to six vehicles, a rare and valuable asset, situated on a desirable beautiful corner lot.
Partially Renovated Unit: The rear unit has been recently renovated with new carpet and fresh paint, enhancing its appeal and readiness for tenants.
Versatile Investment Opportunity: Presents an excellent opportunity for both seasoned investors and owner-occupants looking to generate strong rental income.
Cons
Age of Construction: Built in 1947, the property's age suggests potential for original systems (plumbing, electrical, HVAC) that may require future upgrades or significant maintenance, despite being well-maintained overall.
Limited Renovation Scope: Only the rear unit is specified as recently renovated with new carpet and paint, implying the front unit may be less updated and could require additional investment to modernize.
Lack of Specific Modern Upgrades: The description does not detail updates to major systems or modern amenities (e.g., central air conditioning, updated kitchens/bathrooms beyond cosmetic in one unit), which could be a drawback for some prospective tenants or buyers.