
Santa Ana, California 92701
This Century-Old Value-Add Asset is listed at $799,000, positioned near its $751,695 Fair Market Value within the historic French Park neighborhood. Currently holding a Fair Condition Rating, the property’s primary appeal lies in its High Available Lot Utilization and massive 7,500 SqFt Lot, providing ample room for expansion or ADU development. Located in the Santa Ana Unified School District near Garfield Elementary, this 1921 home offers significant potential for forced appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Contractors looking to capitalize on a large-lot footprint.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 919 N Lacy Street Subject | $799,000* List Price | 2 | 1 | 1,008 | $753 | - |
A 908 E Stafford Street Sold | $785,000 | 3 | 2 | 1,334 | $588 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1921, this century-old home appears to be maintained through regular upkeep but lacks modern renovations. The interior photos show older hardwood flooring and dated architectural details, while the listing description emphasizes the large lot and 'room for expansion' rather than interior upgrades. There is no mention of updated kitchen appliances, modern electrical systems, or recent bathroom remodels, placing it in the 'fair' category as a functional but aged property requiring cosmetic and likely systemic updates to meet contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1008.
Two-bedroom, one bath, large lot, plenty of room for expansion, one car detached garage.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 1,008 | 1,438 | 19% |
| Lot Size | 7,500 | 6,560 | 90% |
| Price | $799.0K | $875.0K | 29% |
| Price per sq ft | $793 | $593 | 86% |
| Built year | 1921 | 1947 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 335 | 195 | 90% |
May 22, 2025
$799,000
Initial Listing