213 N Figueroa Street 2, Santa Ana, California 92703, Santa Ana, - bed, bath

home-pic
ACTIVE$1,249,000
213 N Figueroa Street 2, Santa Ana, California 92703
0Bed
0Bath
6,480Sqft
6,480Lot
Year Built
1916
Close
-
List price
$1.25M
Original List price
$1.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25117856
Home ConditionPoor
Features
View-

About this home

Introducing a rare investment opportunity—this versatile property features two legal units, offering excellent flexibility and income potential in a prime location within the Santa Ana Unified School District. With a total of 6 bedrooms and 4 baths, it’s ideal for multigenerational living, dual occupancy, or rental income. Each unit includes tile and wood flooring and an inside laundry area for added convenience. The home also features two garage spaces and dedicated RV parking—an increasingly valuable asset. Connected to public sewer and water, this property presents a great long-term investment with potential for customization or improvement. Whether you're an investor looking to grow your portfolio or a buyer seeking a property with strong income possibilities, this is an opportunity worth exploring.

Price History

Date
Event
Price
09/20/25
Price Change
$1,249,000
06/13/25
Listing
$1,499,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (7 Listings)
Beds00
Baths00
Square foot6,4801,702
88%
Lot Size6,4806,382
50%
Price$1.25M$1.03M
75%
Price per square foot$193$551.5
25%
Built year19169725977
13%
HOA
Days on market144140
50%
Condition Rating
Poor

This property, built in 1916, is significantly outdated and requires substantial repairs and rehabilitation. The kitchens feature very old appliances, worn red cabinets, and basic tile flooring, indicating a lack of recent updates. Bathrooms are similarly dated with old vanities and fixtures. The presence of window AC units instead of central HVAC, along with the general wear and tear visible throughout the interior, suggests major systems and aesthetics are well past their expected lifespan and require a full overhaul to meet modern standards of comfort and quality.
Pros & Cons

Pros

Dual Income/Multi-Generational Potential: Features two legal units, offering excellent flexibility for rental income, dual occupancy, or multi-generational living arrangements.
Ample Parking & RV Space: Includes two dedicated garage spaces and valuable RV parking, a significant and increasingly rare asset in urban areas.
Strategic Location: Situated in a prime location within the desirable Santa Ana Unified School District, appealing to families and renters alike.
Spacious Accommodation: Boasts a total of 6 bedrooms and 4 baths across both units, providing substantial living space.
Recent Price Adjustment: A significant price reduction from the original listing enhances its attractiveness and potential value for prospective buyers.

Cons

Historic Property Age: Built in 1916, the property's age suggests potential for outdated systems, deferred maintenance, and the need for substantial modernization.
Required Customization/Updates: The description indicates a need for customization or improvement, implying it is not turn-key and will likely require additional investment post-purchase.
Absence of Views: The property lacks any notable views, which could be a detractor for some buyers seeking scenic surroundings.

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