
Santa Ana, California 92704
This Multi-Unit Estate represents a High-Potential Investment Opportunity, listed at a List Price of $2,200,000, which aligns with the $2,200,000 Fair Market Value. Featuring a Condition Rating of 3, this property offers 4,358 sq ft of living space across three distinct units, including a 2007 addition and a 2009 ADU. With 8 bedrooms and significant zoning flexibility, it is uniquely positioned for senior housing or multi-generational living. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking high-yield rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 842 S Corta Drive Subject | $2,200,000* List Price | 8 | 0 | 4,358 | $505 | - |
A 842 S Corta Drive Active | $2,200,000 List Price | 8 | 5 | 4,358 | $505 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the original structure dates to 1960, the majority of the living space consists of a 2007 addition and a 2009 ADU (15-17 years old). The property is well-maintained and functional with updated systems like a 12-panel solar array. Although the kitchen and interior finishes appear dated and reflect a mid-2000s aesthetic, the home is move-in ready and structurally sound for multi-generational use.
The property features three distinct living spaces—a main residence, a substantial 2007 addition, and a detached ADU—offering a total of 8 bedrooms and separate laundry areas, ideal for multi-generational living or high-yield rental income.
The large 12,197 sqft lot is a private retreat featuring a secure electric gate, RV access, and an impressive collection of mature exotic fruit trees including mango, dragon fruit, and avocado.
With over 4,300 sqft of living space and a flexible layout, this estate is uniquely positioned for high-demand niche markets such as senior housing, board and care, or recovery living facilities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12197, other record lot size in square feet = 12085.
The property lacks an automatic fire protection sprinkler system in all three units, which may require significant capital investment to meet city or state requirements for specific group-living uses.
The 12-panel solar system is leased rather than owned, which introduces a long-term financial obligation and may complicate the financing process for some buyers.
Seller motivated! Income producing potential!'Property may offer potential for multigenerational living, group living, recovery housing, or care-related housing opportunities, subject to buyer investigation and city/state requirements.'This is the kind of property that rarely comes to market.Featuring a main residence, a substantial private addition (built in 2007), and a detached guest house/ADU (built in 2009), this exceptional estate offers flexibility, privacy, and opportunity--all on one impressive lot.Collectively offering 8 bedrooms, 5 bathrooms, and three separate living spaces--each with its own dedicated laundry area--this property is ideally suited for multi-generational living, extended family, or multiple income streams.The 1,751 sq ft main residence welcomes you with bright, sun-filled living areas, a functional layout ideal for both daily living and entertaining, three well-sized bedrooms including a primary suite, and an attached two-car garage.The 1,904 sq ft addition has its own private entrance and three separate access points, creating exceptional independence. This spacious unit includes three oversized bedrooms, two bathrooms (including a primary suite), a large living room, dining area, and an expansive eat-in kitchen with sliding door access to the outdoors. French doors open to a private patio retreat complete with a tranquil water fountain and lush landscaping.The 842 sq ft detached ADU adds even more versatility with two bedrooms and its own dedicated living space--perfect for extended family, guests, a home office, or rental income.Additional highlights on this property includeRV access with a long driveway secured by an electric gate, abundant dedicated parking for each unit and a 12 panel leased solar system serviciing all 3 units. The outdoor grounds are a true garden sanctuary, featuring an impressive collection of mature and exotic fruit trees and plants including star fruit, mango, banana, avocado, dragon fruit, pomegranate, jasmine, plumeria, Thai medicinal plants, and more--creating a private, resort-style setting that feels worlds away.Conveniently located near Mile Square Regional Park, shopping, schools, dining, major transportation routes, and just minutes to the beaches, this property offers both lifestyle and long-term investment potential.'Potential for senior housing, board & care, or multi-generational living (buyer to verify use and zoning)'. Please note there is no automatica fire protection sprinkler system in any of the 3 units.Whether you're an owner-occupant looking for flexibility or an investor seeking strong rental upside, this is a rare opportunity to own a truly adaptable estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 4,358 | 1,505 |
| Lot Size | 12,197 | 6,834.5 |
| Price | $2.20M | $1.05M |
| Price per sq ft | $505 | $672 |
| Built year | 1960 | 1957 |
| HOA | $0 | $215 |
| Days on market | 37 | 50 |
Jun 15, 2026
$2,200,000
Initial Listing