435 S Ross Street, Santa Ana, California 92701, Santa Ana, - bed, bath
ACTIVE$930,000
435 S Ross Street, Santa Ana, California 92701
0Bed
0Bath
1,790Sqft
4,792Lot
Year Built
1923
Close
-
List price
$930K
Original List price
$965K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25051485
Home ConditionPoor
Features
View-
About this home
3 Unit Property Great For Investors. 2 Front units are both 2 beds 1 Bath with 1 Car Garage space. Back Unit is a Detached 1 bedroom 1 bath. This is a Great investment with Positive Cash Flow. Property needs some TLC. Property is being Sold AS-IS. Address for units are 435 / 437 / 437-1/2. Offer subject to Interior Inspection.
Nearby schools
3/10
Lowell Elementary School
Public,•K-5•0.3mi
4/10
Pio Pico Elementary School
Public,•K-5•0.4mi
3/10
Martin R. Heninger Elementary School
Public,•K-8•0.2mi
2/10
Julia C. Lathrop Intermediate School
Public,•6-8•0.5mi
2/10
Willard Intermediate School
Public,•5-8•1.1mi
3/10
Santa Ana High School
Public,•9-12•0.3mi
Price History
Date
Event
Price
08/13/25
Price Change
$930,000
03/08/25
Listing
$965,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (9 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,790 | 1,709 | 50% |
| Lot Size | 4,792 | 6,388 | 10% |
| Price | $930K | $903K | 50% |
| Price per square foot | $520 | $504 | 60% |
| Built year | 1923 | 9615962 | 50% |
| HOA | |||
| Days on market | 242 | 216 | 50% |
Condition Rating
Poor
The property was built in 1923, making it over 100 years old. The listing explicitly states 'Property needs some TLC' and 'Property is being Sold AS-IS,' which strongly indicates significant deferred maintenance and a need for substantial repairs and rehabilitation. The exterior images show an aged structure with visible wear, outdated windows, and security bars, consistent with a property that has not undergone major renovations in many decades. Without interior photos, it's reasonable to infer that the interior condition, including kitchen and bathrooms, is also outdated and requires extensive work, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Multi-Unit Income Property: This triplex configuration provides multiple rental income streams, making it an ideal asset for investors seeking diversified returns.
Positive Cash Flow Potential: The listing explicitly highlights 'Positive Cash Flow,' a crucial indicator for investment viability and attractive to income-focused buyers.
Investor-Centric Offering: Marketed directly as 'Great For Investors,' the property's design and potential align perfectly with the needs of the investment market.
Diverse Unit Mix & Amenities: Comprising two 2-bed/1-bath units with garage spaces and a detached 1-bed/1-bath unit, it offers flexible rental options and added tenant convenience.
Strategic Santa Ana Location: Situated in Santa Ana, a central Orange County city, the property benefits from a robust rental market and potential for long-term appreciation.
Cons
Requires Significant Renovation/TLC: The property 'needs some TLC,' indicating a requirement for substantial repairs or upgrades to maximize its rental potential and value.
Sold 'As-Is' Condition: Being sold 'AS-IS' means the buyer assumes all responsibility for current and future repairs, adding financial risk and potential for unforeseen expenses.
Advanced Age of Structure: Built in 1923, the property's age suggests potential for outdated systems, higher maintenance costs, and the likelihood of unforeseen structural or utility issues.