
Santa Ana, California 92701
This property presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned well below the $669,605 Fair Market Value by 2%. This valuation gap offers $19,605 in Instant Equity. Featuring a 7,000 sqft lot and a rare 3-bath/2-bed configuration, the home requires a full rehab given its Condition Rating of 5. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on the significant value-add potential of this century-old asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 905 S Ross Subject | $650,000* List Price | 2 | 3 | 1,254 | $534 | - |
A 615 E Bishop Sold | $799,900 | 3 | 2 | 1,382 | $579 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921 (103 years old) with no documented major renovations to systems or interiors. The exterior shows significant deferred maintenance and overgrown vegetation, suggesting the property requires a full rehab to address likely safety and structural defects associated with its age.
The property features a substantial 7,000 square foot lot, offering significant outdoor space and excellent potential for future expansions or the addition of an Accessory Dwelling Unit (ADU).
With three bathrooms serving only two bedrooms, the home provides a rare level of convenience and privacy that is highly sought after and uncommon for properties of this size.
Moving to 'Active Under Contract' status in just one day indicates extremely high buyer demand and suggests the property is positioned at a highly competitive and attractive price point.
The local public schools assigned to this address have ratings ranging from 2 to 4, which may deter families who prioritize high-performing academic districts.
Built in 1921, the property may require significant capital investment for modernizing aging systems such as plumbing, electrical, and foundation to meet current building standards.
Exceptional opportunity in Santa Ana. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades 6-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,254 | 1,531.136 |
| Lot Size | 7,000 | 6,702.356 |
| Price | $650.0K | $1.07M |
| Price per sq ft | $518 | $690 |
| Built year | 1921 | 1958 |
| HOA | $0 | $236 |
| Days on market | 26 | 51 |
Aug 14, 2026
$650,000
Initial Listing