4205 Fay Circle, Santa Ana, California 92703, Santa Ana, - bed, bath
ACTIVE$895,000
4205 Fay Circle, Santa Ana, California 92703
4Beds
2Baths
1,341Sqft
8,446Lot
Year Built
1958
Close
-
List price
$895K
Original List price
$895K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25184154
Home ConditionPoor
Features
Patio
View-
About this home
LOCATION, LOCATION, LOCATION!! This home offers 5 bedrooms 2 bath while the home needs some TLC and updates, its can be a great opportunity for an investor to buy and hold or eventually flip. Located at the end of Cul-De-Sac. New roof (2 years old) Solar Panels to save in electricity. Two new 10x12 storage sheds offering ample space for tools or outdoor equipment. Property features a huge back yard with a great potential for an ADU and generate extra income. Buyers are encouraged to verify land use with the city of Santa Ana. Close distance to Elementary, Middle and High School. A few minutes from Little Saigon, Asian stores. Close to churches, major shopping centers, Mile square Park, easy access to the 22 and 5 freeway. Do not miss this opportunity.
Nearby schools
8/10
R. F. Hazard Elementary School
Public,•K-6•0.1mi
6/10
Rosita Elementary School
Public,•K-6•0.4mi
5/10
Woodbury Elementary School
Public,•K-6•0.7mi
4/10
Heritage Elementary School
Public,•PK-6•1.0mi
8/10
Morningside Elementary School
Public,•K-6•1.2mi
5/10
Newhope Elementary School
Public,•K-6•1.5mi
5/10
Mamie L. Northcutt Elementary School
Public,•K-6•2.5mi
5/10
Linton T. Simmons Elementary School
Public,•K-6•3.0mi
7/10
James Irvine Intermediate School
Public,•7-8•1.2mi
4/10
Stephen R. Fitz Intermediate School
Public,•7-8•1.2mi
7/10
Santiago High School
Public,•9-12•1.1mi
5/10
Los Amigos High School
Public,•9-12•2.2mi
8/10
Bolsa Grande High School
Public,•9-12•2.2mi
Price History
Date
Event
Price
08/15/25
Listing
$895,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (38 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 59% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,341 | 1,272 | 62% |
| Lot Size | 8,446 | 6,466 | 95% |
| Price | $895K | $815K | 67% |
| Price per square foot | $667 | $678 | 46% |
| Built year | 1958 | 1953 | 74% |
| HOA | |||
| Days on market | 81 | 195 | 5% |
Condition Rating
Poor
Built in 1958, this property is 66 years old and the listing description explicitly states it 'needs some TLC and updates' and is an 'opportunity for an investor to buy and hold or eventually flip.' The kitchen features very dated light wood cabinets, old-style countertops, and a small, dated tile backsplash, with no visible built-in appliances, indicating a need for substantial rehabilitation. No bathroom images are provided, which typically suggests they are in similar or worse condition. While the roof is new (2 years old) and solar panels are installed, these exterior updates do not address the significantly outdated interior components. The overall condition requires major renovations to meet current quality standards and comfort, aligning with the 'Poor' category.
Pros & Cons
Pros
Prime Location: The property boasts an excellent location at the end of a cul-de-sac, offering proximity to schools, Little Saigon, major shopping centers, Mile Square Park, and easy access to the 22 and 5 freeways.
ADU Potential & Large Lot: Features a huge backyard with significant potential for an Accessory Dwelling Unit (ADU), providing an opportunity for additional income generation.
Energy Efficiency: Equipped with solar panels, offering substantial savings on electricity costs for future owners.
Recent Major Upgrade: A new roof was installed just two years ago, reducing immediate maintenance concerns for a major component.
Investment Opportunity: Presents a strong opportunity for investors looking to buy and hold or flip, given its potential for value addition.
Cons
Requires Significant Renovation: The property explicitly states it needs 'TLC and updates,' indicating a substantial renovation project for the new owner.
Potential for Outdated Systems: Built in 1958, the home likely features older systems and finishes that may require inspection, repair, or replacement to meet modern standards.
Immediate Capital Outlay: Prospective buyers should anticipate immediate financial investment for necessary improvements and modernization beyond the purchase price.