117 S Daisy Avenue, Santa Ana, California 92703, Santa Ana, - bed, bath

home-pic
ACTIVE$1,045,000
117 S Daisy Avenue, Santa Ana, California 92703
0Bed
0Bath
2,018Sqft
5,101Lot
Year Built
1915
Close
-
List price
$1.04M
Original List price
$1.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25026617
Home ConditionGood
Features
Patio
View-

About this home

Incredible Investment Opportunity in the Highly Desirable City of Santa Ana – Two Homes on One Corner Lot! Located on a prime corner lot, this property offers fantastic curb appeal and a wealth of potential! With two homes on a spacious lot, it’s the perfect opportunity for investors, homeowners seeking rental income, or those in need of multigenerational living options. The Main Home boasts 3 generous bedrooms, 2 bathrooms, and a kitchen with elegant granite countertops, abundant cabinet space, and a convenient pantry. The open floor plan seamlessly connects the living and dining areas to the remodeled kitchen, creating a welcoming atmosphere for family gatherings. Additionally, the attached 1-car garage offers direct access, while the gated driveway provides plenty of parking. The low-maintenance yard is ideal for hosting family and friends, making it a perfect space for relaxation and entertainment. The Second Home has been thoughtfully remodeled, featuring a modern kitchen with granite countertops, ample cabinetry, and a dining nook. The remodeled bathroom is equipped with a luxurious rain shower, and the living room’s high ceilings create an open and airy feel. Both bedrooms include mirrored closet doors, adding a touch of elegance and practicality. Each home has its own private entrance, ensuring privacy and comfort for all residents. The spacious yards provide ample room for relaxation, entertainment, and outdoor enjoyment. Prime Location: This property is centrally located near Santa Ana College, CHOC Children’s Hospital, parks, grocery stores, dining, and entertainment options. Commuters will appreciate the easy access to major freeways, including the 5, 22, 55, 57, and 405. The property is in great condition, with each unit having separate electric and gas meters. The current landlord covers water and trash, and there are fantastic tenants who are interested in extending their leases. With the potential for high returns, this is an investment you don’t want to miss. Don’t wait on this rare opportunity to own two homes on one lot in a prime location. Act now this property won’t last long!

Price History

Date
Event
Price
09/23/25
Price Change
$1,045,000
02/07/25
Listing
$1,100,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (7 Listings)
Beds00
Baths00
Square foot2,0181,702
75%
Lot Size5,1015,756
38%
Price$1.04M$1M
50%
Price per square foot$518$561.5
50%
Built year19159725977
13%
HOA
Days on market271153
63%
Condition Rating
Good

Despite being built in 1915, the property has undergone significant renovations, as evidenced by the 'remodeled' kitchens with granite countertops and updated cabinetry, and the 'thoughtfully remodeled' bathroom in the second home featuring a modern rain shower. The interiors, including flooring and light fixtures, appear clean and updated, making the property move-in ready. While the exterior shows some age and the virtual staging makes a full assessment challenging, the described and visible updates align with a 'Good' condition, indicating well-maintained systems and updated components within the last 5-15 years, without being a full, recent, top-to-bottom renovation.
Pros & Cons

Pros

Dual Income / Multigenerational Living: This property features two independent homes on a single corner lot, offering significant flexibility for rental income generation or accommodating multigenerational families with separate entrances and privacy.
Prime Central Location: Strategically situated near Santa Ana College, CHOC Children’s Hospital, parks, dining, and major freeways (5, 22, 55, 57, 405), ensuring high demand for rentals and convenient access to essential amenities.
Updated Interiors: Both units boast modern upgrades, including remodeled kitchens with elegant granite countertops and ample cabinetry, plus a luxurious rain shower in the second home's bathroom, enhancing tenant appeal.
Investment-Ready with Existing Tenants: The property is in great condition, features separate electric and gas meters for each unit, and comes with 'fantastic tenants' interested in extending their leases, providing immediate and stable cash flow for investors.
Corner Lot & Curb Appeal: Positioned on a prime corner lot, the property benefits from excellent visibility and strong curb appeal, contributing to its overall attractiveness and potential long-term value.

Cons

Age of Construction: Built in 1915, the property is over a century old, which may imply potential for higher maintenance costs, outdated infrastructure (e.g., plumbing, electrical), and lower energy efficiency compared to newer constructions.
Landlord-Covered Utilities: The current arrangement where the landlord covers water and trash for both units reduces the net operating income and places an additional financial burden on the owner, which is not ideal for maximizing investment returns.
Lack of Modern HVAC System Details: The description does not specify the presence of central air conditioning or modern heating systems, which could be a significant drawback for tenant comfort and appeal in Santa Ana's climate, especially for an older property.

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