121 W 18th Street, Santa Ana, California 92706, Santa Ana, - bed, bath

home-pic
ACTIVE$1,150,000
121 W 18th Street, Santa Ana, California 92706
0Bed
0Bath
1,643Sqft
6,277Lot
Year Built
1900
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25118273
Home ConditionFair
Features
Patio
View-

About this home

Welcome to your dream home and investment opportunity. This is a Single-family residence and a separate dwelling unit in the back. in a nice neighborhood of Santa Ana. Close to Main place, restaurants, and nice professional business in the near surroundings. The lot is expansive with plenty of room for an additional 2 units in the back. The attic in the main house also can be fixed up for an additional bedroom. The back unit is potential income generating unit and or big family dwelling for all. There is an alley for convenience parking. The property comes with 2 car garage and can be easily converted to ADU. Property has been remodeled with new paint job, hard wood flooring, new electrical wiring, fencing and so much more. Don't miss out on this rare opportunity. Ready for move in. Location is key, nice neighborhood and easy to access.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (2 Listings)
Beds00
Baths00
Square foot1,6431,757
33%
Lot Size6,2776,970
33%
Price$1.15M$1.02M
67%
Price per square foot$700$583
67%
Built year19001940
33%
HOA
Days on market161181
33%
Condition Rating
Fair

The property was built in 1900 but has been remodeled with new paint, hardwood flooring, and electrical wiring. The kitchen appears dated with older cabinets and tile countertops. The bathroom is not pictured, so it's difficult to assess its condition. While some updates have been made, the property's age and the kitchen's condition suggest a 'fair' rating.
Pros & Cons

Pros

Income Potential: The property includes a separate dwelling unit, offering immediate rental income potential.
Development Opportunity: The large lot size allows for the potential addition of two more units, increasing investment value.
Recent Remodel: The property has been recently remodeled with new paint, hardwood flooring, and electrical wiring, reducing immediate maintenance costs.
ADU Conversion Potential: The 2-car garage can be easily converted into an Additional Dwelling Unit (ADU) for further income generation or extended living space.
Prime Location: Located in a desirable Santa Ana neighborhood, close to Main Place, restaurants, and professional businesses, offering convenience and desirability.

Cons

Age of Property: Built in 1900, the property may have underlying structural or maintenance issues common in older homes.
Attic Renovation Required: The attic requires renovation to be used as an additional bedroom, adding to the upfront investment.
Unknown Specifics of Remodel: The extent and quality of the remodel are not fully detailed, requiring thorough inspection to assess the value of the upgrades.

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