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
5Beds
3Baths
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
PW25026624
Home ConditionGood
Features
ViewNeighborhood

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)
Beds50
25%
Baths30
25%
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 kitchen' with granite countertops and ample cabinetry, and 'remodeled bathroom' with a luxurious rain shower mentioned in the description. The images confirm updated interiors with modern flooring (hardwood/laminate and vinyl plank), recessed lighting in some areas, and clean, functional bathrooms. The overall condition is described as 'great condition' and appears move-in ready, aligning with the 'Good' criteria for properties extensively renovated within the last 5 to 15 years, where major systems are functional and show minimal wear and tear.
Pros & Cons

Pros

Exceptional Investment Opportunity: This property offers two independent homes on one corner lot, ideal for generating rental income, facilitating multi-generational living, or house hacking. It includes separate electric and gas meters for each unit and features existing tenants interested in extending their leases, indicating immediate income potential.
Prime Central Location & Accessibility: Centrally located in Santa Ana, the property boasts excellent proximity to key amenities such as Santa Ana College, CHOC Children’s Hospital, parks, grocery stores, dining, and entertainment. Commuters benefit from easy access to major freeways (5, 22, 55, 57, 405).
Remodeled & Well-Maintained Units: Both homes have undergone thoughtful remodels, featuring modern kitchens with granite countertops, ample cabinetry, and updated bathrooms (including a luxurious rain shower in the second home). The property is described as being in 'great condition'.
Enhanced Privacy and Functionality: Each home provides its own private entrance and spacious, low-maintenance yards, ensuring privacy and comfort for residents. The main home features an open floor plan, while the second home benefits from high ceilings, creating an airy feel.
Strong Curb Appeal & Ample Parking: The property presents fantastic curb appeal on a prime corner lot. Practicality is enhanced by an attached 1-car garage for the main home and a gated driveway offering plenty of additional parking.

Cons

Historic Property Age: Built in 1915, the property's age, despite recent renovations, may imply potential for older infrastructure issues (e.g., plumbing, electrical beyond meters, foundation) that could require significant maintenance or upgrades in the future.
Landlord-Covered Utilities: The current arrangement where the landlord covers water and trash for both units represents an ongoing operational expense that reduces net rental income and is not typically passed on to tenants in all rental scenarios, impacting profitability.
Lack of Explicit Central HVAC: The property description does not explicitly mention central air conditioning or heating for either unit. The absence of this modern amenity could be a significant drawback for tenant comfort and property value, especially during extreme weather conditions.

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