515 S Van Ness Avenue 513, Santa Ana, California 92701, Santa Ana, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$1,040,000
515 S Van Ness Avenue 513, Santa Ana, California 92701
0Bed
0Bath
1,597Sqft
6,098Lot
Year Built
1939
Close
-
List price
$1.04M
Original List price
$1.04M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25253157
Home ConditionGood
Features
View-

About this home

Excellent Investment Opportunity!! Located at 515 and 513 S Van Ness Ave, Santa Ana, a prime area with low vacancy, this beautiful, remodeled Duplex boasts 2 separate dwellings with their own utilities and amenities. Surrounded in a relatively quiet part of Santa Ana, the property bears a resemblance to the New England beach hut aesthetics of beautiful landscape, white paint, gray roof, and a porch. Each of the units comes with 3 Bedrooms and 1 Full Bathroom. The dark Vinyl oak flooring in the living room upon entry emits an air of warmth and coziness, making it an ideal living space for a small family. The kitchen in each unit features a stainless steel cooking range, microwave hood, white cabinets, and dishwasher to boot. Awash in natural sunlight from the double pane windows, each unit is its own living space with separate washer/dryer hookups, separate water heaters, separate car garages, and separate utility meters, Brand New Roof. There is also ample space for parking next to the garage and the alleyway nearby. Located in close proximity to the prestigious and historic neighborhood of Santa Ana, you will enjoy the benefits of urban living combined with a wealth of entertainment, dining, and a host of other cultural points of interest just minutes away. Don't miss this opportunity!!

Price History

Date
Event
Price
11/03/25
Listing
$1,040,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (9 Listings)
Beds00
Baths00
Square foot1,5971,628
40%
Lot Size6,0986,388
30%
Price$1.04M$958K
50%
Price per square foot$651$504
80%
Built year19399620970
60%
HOA
Days on market3168
10%
Condition Rating
Good

Despite being built in 1939, this duplex has undergone significant and recent renovations, including a brand new roof, double-pane windows, and updated kitchens featuring stainless steel appliances, white cabinets, and modern vinyl oak flooring. The exterior appears well-maintained, supporting the claim of recent updates. While the original structure is old, the extensive remodeling makes the property move-in ready with modern aesthetics and no immediate renovation required, aligning with the 'Good' condition criteria for extensively renovated properties.
Pros & Cons

Pros

Investment Potential: Positioned as an 'Excellent Investment Opportunity' in a prime Santa Ana area known for low vacancy rates, ideal for generating consistent rental income.
Independent Duplex Configuration: Features two fully independent dwellings, each with its own utilities, water heater, washer/dryer hookups, and car garage, maximizing tenant autonomy and rental efficiency.
Recent Renovations & Updates: The duplex has been recently remodeled, boasting a brand new roof, double-pane windows, updated kitchens with stainless steel appliances, and modern vinyl oak flooring, reducing immediate maintenance needs.
Desirable Urban Proximity: Located in a relatively quiet part of Santa Ana, offering convenient access to a prestigious historic neighborhood, urban amenities, entertainment, dining, and cultural attractions.
Ample Parking: Provides ample parking space adjacent to the garages and via a nearby alleyway, a valuable asset in an urban setting.

Cons

Older Construction: Built in 1939, the property, despite recent remodels, may still present potential for age-related maintenance concerns or systems not fully updated to modern standards.
No Special Views: The property does not offer any notable scenic views, which could be a consideration for tenants or owners prioritizing aesthetic surroundings.
Modest Unit Square Footage: With a total of 1597 sqft for two 3-bedroom units, each dwelling offers approximately 800 sqft, which may be considered compact for a 3-bedroom layout.

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