
Santa Ana, California 92707
This Updated Single-Family Residence is a High-Potential Investment Opportunity, listed at $849,000—positioned well below the $890,574 Fair Market Value by 4%. This valuation gap offers $41,574 in Instant Equity. Boasting a Good Condition Rating, the home features Granite Countertops, New Vinyl Flooring, and a Remodeled Master Bathroom. The 6,760 sqft Lot and detached garage provide significant ADU Potential for future expansion or rental income. Located near Madison Elementary, this property combines move-in readiness with financial upside. It is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 856 E Mcfadden Avenue Subject | $849,000* List Price | 3 | 2 | 1,275 | $698 | - |
A 1230 Kilson Drive Sold | $935,000 | 3 | 2 | 1,296 | $721 | 0.3 mi |
B 1518 Cedar Sold | $980,000 | 3 | 2 | 1,215 | $807 | 0.4 mi |
C 502 E Wilshire Avenue Sold | $887,000 | 4 | 2 | 1,395 | $636 | 0.4 mi |
D 2101 S Hickory Sold | $815,000 | 3 | 2 | 1,072 | $760 | 1.0 mi |
E 1207 S Van Ness Sold | $1,080,000 | 4 | 2 | 1,465 | $737 | 0.9 mi |
F 1311 Oak Active Under Contract | $849,900 List Price | 3 | 2 | 1,296 | $656 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic and functional updates. Key improvements include new durable vinyl flooring throughout most rooms, fresh interior and exterior paint, newer windows, and a remodeled master bathroom. The kitchen is well-maintained with granite countertops and stainless steel appliances. While the home was built in 1952 and retains some older elements like the kitchen cabinetry style and laundry placement, the recent renovations and overall maintenance level meet the criteria for a 'good' condition score.
The home features fresh interior and exterior paint, new durable vinyl flooring, and a remodeled master bathroom, offering a refreshed, move-in-ready aesthetic for buyers.
With a detached two-car garage and an extended driveway on a 6,760 sqft lot, the property provides significant space for multiple vehicles and potential for a future ADU or outdoor expansion.
Ideally situated in the heart of Santa Ana near major transit corridors, this location offers excellent accessibility to employment hubs, beaches, and shopping throughout Orange County.
The assigned middle and high schools have low performance ratings (2 and 3 respectively), which may be a deterrent for families prioritizing academic district quality.
Built in 1952, the property may require future investments in aging core systems, such as plumbing or electrical, which were not explicitly mentioned as part of the recent cosmetic updates.
This charming home, conveniently located in the heart of Santa Ana, features three bedrooms and two bathrooms. Recent updates include fresh interior and exterior paint, new durable vinyl flooring in the living room, kitchen, hallway, and bedroom, a remodeled master bathroom with an updated vanity and sink, and newer windows throughout. The kitchen is appointed with granite countertops and ample cabinetry for storage. The inviting living room showcases a cozy fireplace and abundant natural light, creating a bright and comfortable space to relax or entertain. The spacious backyard offers plenty of potential for outdoor gatherings, gardening, or future improvements. A detached two-car garage and extended driveway provide ample parking. Ideally situated near schools, parks, and shopping, this home also offers excellent commuter convenience. Proximity to major transit corridors makes it easy to reach other parts of Orange County for work, shopping, beaches, and entertainment. This home is ideal as a starter home or a perfect opportunity for a savvy investor seeking value and location.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,275 | 1,315.5 | 47% |
| Lot Size | 6,760 | 6,382 | 71% |
| Price | $849.0K | $870.0K | 41% |
| Price per sq ft | $666 | $704 | 44% |
| Built year | 1952 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 173 | 3% |
Mar 25, 2026
$849,000
Initial Listing