1401 W 3rd Street, Santa Ana, California 92703, Santa Ana, - bed, bath

home-pic
ACTIVE$699,900
1401 W 3rd Street, Santa Ana, California 92703
0Bed
0Bath
1,400Sqft
275,691,232Lot
Year Built
1929
Close
-
List price
$700K
Original List price
$750K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25214603
Home ConditionFair
Features
View-

About this home

Welcome to 1401 W 3rd Street, a rare corner-lot duplex in the heart of Santa Ana offering two fully independent units with strong income potential and timeless charm. The main residence features 3 bedrooms, 2 baths, a spacious wrap-around covered porch, full basement, and private laundry, while the detached studio unit at 310 N Hesperian Street offers 2 bedroom, 1 bath, and sits above a large one-car garage with its own entrance and natural light. Each unit is fully self-contained with separate laundry areas, individual water heaters and electrical meters, providing true independence for tenants or extended family. Situated on a 6,329 sq ft lot and built in 1929, this property is zoned for residential income and located near Bristol and 3rd Street, close to schools, shopping, and downtown Santa Ana. The adjacent vacant lot is not included in the sale. Whether you're an investor, owner-occupant, or looking for a live/work setup, this turnkey duplex delivers flexibility, privacy, and long-term value in one of Orange County’s most dynamic markets

Nearby schools

3/10
Fremont Elementary School
Public,K-50.7mi
3/10
Lydia Romero-Cruz Elementary School
Public,K-51.0mi
5/10
Riverdale Elementary School
Public,K-61.7mi
4/10
George Washington Carver Elementary School
Public,K-32.2mi
2/10
Spurgeon Intermediate School
Public,5-81.1mi
5/10
Leroy L. Doig Intermediate School
Public,7-81.8mi
4/10
Valley High School
Public,9-121.8mi
7/10
Santiago High School
Public,9-122.1mi

Price History

Date
Event
Price
10/23/25
Price Change
$699,900-6.6%
09/10/25
Listing
$749,555
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (7 Listings)
Beds00
Baths00
Square foot1,4001,544
38%
Lot Size275,691,2326,845
88%
Price$700K$870K
25%
Price per square foot$500$552.5
50%
Built year19299725977
38%
HOA
Days on market56134
13%
Condition Rating
Fair

The property was built in 1929, making it 95 years old. While the description states it's a 'turnkey duplex,' implying functionality and livability, there is no mention of recent major renovations. The exterior image shows an aged property with visible wear and tear, an older chain-link fence, and an unkempt yard, consistent with a home that has not undergone significant recent exterior updates. Without interior images, particularly of the kitchen and bathrooms, it's reasonable to assume these areas, along with major systems, are functional but significantly outdated, requiring minor to moderate updates to meet current standards. This aligns with the 'Fair' criteria: 'The home is aged but maintained through regular upkeep and occasional updates. Major components are functional but show signs of being outdated.'
Pros & Cons

Pros

Strong Income Potential & Versatility: Features two fully independent units with separate utilities, ideal for investors, owner-occupants, or multi-generational living, supported by residential income zoning.
Prime Corner-Lot Location: Situated on a desirable corner lot in the heart of Santa Ana, offering proximity to schools, shopping, and downtown, within a dynamic Orange County market.
Recent Price Adjustment: A significant price reduction from $749,555 to $699,900 indicates potential for increased value and a motivated seller.
Historic Charm & Functional Spaces: Built in 1929, the property boasts timeless charm, a spacious wrap-around porch, and a full basement, adding character and practical utility.
Turnkey Investment: Described as a 'turnkey duplex,' suggesting it's ready for immediate occupancy or rental without requiring substantial initial renovations.

Cons

Property Age & Potential Maintenance: Constructed in 1929, the property's age may necessitate ongoing maintenance or future capital expenditures for systems and structural components.
Unclear Total Living Area: The listed 1400 sqft is ambiguous regarding whether it covers one or both units, potentially implying compact living spaces for a 3-bed and 2-bed configuration.
Limited Expansion Potential: The explicit exclusion of the adjacent vacant lot restricts future expansion opportunities, additional parking, or enhanced privacy for the property.

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