821 S Orange, Santa Ana, California 92701, Santa Ana, 92701 - 0 bed, 0 bath
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Santa Ana, California 92701
This Duplex Residential Income property is a Strong Value Opportunity, listed at $899,000—positioned well below the $843,307 Fair Market Value by -6%. Featuring a Condition Rating of 3, the property includes a Granite Kitchen and a Spacious Patio on a 7,597 sqft lot. With one unit delivered vacant, it offers immediate flexibility for rental income or owner-occupancy. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage central Santa Ana’s strong rental demand and long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 821 S Orange Subject | $899,000* List Price | 0 | 0 | 897 | $940 | - |
A 401 S Garnsey Street Active | $899,000 List Price | 0 | 0 | 1,040 | $864 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1938, the property has undergone significant interior updates including uniform tile flooring, recessed lighting, and a functional kitchen with shaker-style cabinetry and granite countertops (estimated 10-15 years old). The roof and exterior appear well-maintained, and the units are in move-in ready condition for tenants.
One unit is delivered vacant at closing, providing an immediate opportunity for an owner-occupant to offset mortgage costs or for an investor to capture current market rents.
Located minutes from Downtown Santa Ana and the Artist Village with excellent connectivity to major freeways, ensuring consistent long-term rental demand.
The property features a generous 7,597 sqft lot and individual garages, offering significant outdoor space and utility that is rare for a duplex in this urban area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7597, other record lot size in square feet = 8127.
With only 897 total square feet across two units, the individual floor plans are exceptionally small, which may limit the tenant pool to single occupants or couples.
Built in 1938, the property may require significant capital expenditures for modernizing systems or addressing deferred maintenance common in vintage structures.
Rare owner-user and investment opportunity in the heart of Santa Ana. 821 S. Orange Avenue is a duplex consisting of two 1-bedroom, 1-bathroom units, with one unit being delivered vacant at closing, allowing an investor to immediately capture market rents or an owner-occupant to offset housing costs with rental income. The property features individual garages, a spacious lot, and strong long-term rental demand driven by its central Orange County location. Situated minutes from Downtown Santa Ana, the Artist Village, government and employment centers, shopping, dining, and public transportation, the asset benefits from excellent connectivity to the I-5, SR-55, and SR-22 freeways. With stable in-place income, immediate upside through lease-up of the vacant unit, and continued demand for affordable rental housing in a supply-constrained market, this property offers an attractive flexibility and future appreciation potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.4 mi
Grades K-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.5 |
| Square foot | 897 | 2,400 |
| Lot Size | 7,597 | 8,139.5 |
| Price | $899.0K | $1.05M |
| Price per sq ft | $1.0K | $429 |
| Built year | 1938 | 1952 |
| HOA | $0 | $0 |
| Days on market | 37 | 100 |
Jun 15, 2026
$899,000
Initial Listing
Dec 2, 2013
$395,000
Public Record