926 W Camile Street, Santa Ana, California 92703, Santa Ana, 92703 - 3 bed, 1 bath

926 W Camile Street, Santa Ana, California 92703 home-pic-0
ACTIVE UNDER CONTRACT$607,420
926 W Camile Street, Santa Ana, California 92703
3Beds
1Bath
1,326Sqft
6,200Lot

Price Vs. Estimate

The estimated value ($503,033.36) is $104,386.64 (17%) lower than the list price ($607,420). This property may be overpriced.

Key pros and cons

Top Pros:
Generous Lot Size: At 6200 sqft, the property offers ample outdoor space and potential for expansion, landscaping, or adding an Accessory Dwelling Unit (ADU), enhancing its long-term value.
Top Cons:
As-Is Condition & Occupancy Risk: The property is explicitly sold 'as-is' with no warranties, implying significant potential for repairs and upgrades. The possibility of it being occupied at closing adds logistical challenges and uncertainty for the buyer.

Compared to the nearby listings

Price:$607.4K vs avg $801.0K ($-193,580)9%
Size:1,326 sqft vs avg 1,224 sqft60%
Price/sqft:$458 vs avg $66114%

More Insights

Built in 1922 (103 years old).
Condition: Built in 1922, this property is over 100 years old and is explicitly listed 'as-is' with no warranties, indicating substantial repairs and rehabilitation are required. The single bathroom for three bedrooms is functionally outdated, and the lack of interior images, combined with the 'as-is' condition, strongly suggests the kitchen and bathroom are in poor, outdated condition, needing major renovation. The exterior appears aged and not recently updated, further supporting the need for significant investment.
Year Built
1922
Close
-
List price
$607K
Original List price
$908K
Price/Sqft
$458
HOA
-
Days on market
-
Sold On
-
MLS number
PW24223714
Home ConditionPoor
Features
View-

About this home

Property is to be sold in "al-is" condition with no warranties, express or implied. Property is currently occupied and may be occupied at closing.

Nearby schools

3/10
Lowell Elementary School
Public,K-50.2mi
4/10
Pio Pico Elementary School
Public,K-50.2mi
2/10
Julia C. Lathrop Intermediate School
Public,6-80.7mi
2/10
Willard Intermediate School
Public,5-81.2mi
3/10
Santa Ana High School
Public,9-120.3mi
Condition Rating
Poor

Built in 1922, this property is over 100 years old and is explicitly listed 'as-is' with no warranties, indicating substantial repairs and rehabilitation are required. The single bathroom for three bedrooms is functionally outdated, and the lack of interior images, combined with the 'as-is' condition, strongly suggests the kitchen and bathroom are in poor, outdated condition, needing major renovation. The exterior appears aged and not recently updated, further supporting the need for significant investment.
Pros & Cons

Pros

Generous Lot Size: At 6200 sqft, the property offers ample outdoor space and potential for expansion, landscaping, or adding an Accessory Dwelling Unit (ADU), enhancing its long-term value.
Excellent School Proximity: Situated within a short distance of highly-rated elementary schools (Pio Pico 0.20 miles, Lowell 0.17 miles) and Santa Ana High School (0.30 miles), making it highly attractive for families with school-aged children.
Historic Charm Potential: Built in 1922, the property likely possesses original architectural details and character that can be restored and enhanced, appealing to buyers seeking a home with unique historical appeal.
Significant Price Adjustment: The current list price of $607,420 represents a substantial reduction from the original list price of $907,500, indicating a motivated seller and potential for a more attractive entry point for buyers.
Investment/Value-Add Opportunity: The 'as-is' sale condition, combined with the older build and good lot size, presents a clear opportunity for investors or owner-occupants to renovate, modernize, and significantly increase the property's value.

Cons

As-Is Condition & Occupancy Risk: The property is explicitly sold 'as-is' with no warranties, implying significant potential for repairs and upgrades. The possibility of it being occupied at closing adds logistical challenges and uncertainty for the buyer.
Limited Bathroom Count: With 3 bedrooms and only 1 bathroom, the property falls short of modern family living standards, potentially impacting its market appeal and future resale value.
Overpriced Relative to Estimated Value: The current list price of $607,420 is significantly higher (approximately 20.7% above) the property's estimated value of $503,033.36, suggesting it may be overpriced given its condition and market comparables.

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