913 W Bishop Street, Santa Ana, California 92703, Santa Ana, - bed, bath
ACTIVE$969,000
913 W Bishop Street, Santa Ana, California 92703
0Bed
0Bath
1Sqft
7,405Lot
Year Built
1914
Close
-
List price
$969K
Original List price
$969K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25046228
Home ConditionPoor
Features
View-
About this home
GREAT OPPORTUNITY!! This property could be for investors or owner occupied who wish to live in the primary house and rent the back unit for supplemental income. Each home has separate gas, and electrical meters. The front house has three bedrooms and one bath and a separated 2 car garage. The back Unit has one bedroom and one bath, living room and kitchen area. This duplex is in a zone R3. Do not miss it!
Nearby schools
3/10
Lowell Elementary School
Public,•K-5•0.1mi
4/10
Pio Pico Elementary School
Public,•K-5•0.2mi
2/10
Julia C. Lathrop Intermediate School
Public,•6-8•0.6mi
2/10
Willard Intermediate School
Public,•5-8•1.2mi
3/10
Santa Ana High School
Public,•9-12•0.4mi
Price History
Date
Event
Price
03/03/25
Listing
$969,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (7 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1 | 1,544 | 13% |
| Lot Size | 7,405 | 6,845 | 50% |
| Price | $969K | $967K | 50% |
| Price per square foot | $969K | $623.5 | 88% |
| Built year | 1914 | 9725977 | 13% |
| HOA | |||
| Days on market | 247 | 153 | 63% |
Condition Rating
Poor
Built in 1914, this property is over a century old. The exterior images show a dated appearance with no visible signs of recent major renovations. Given its age and lack of apparent updates, it's highly probable that the interior, including the kitchen and bathrooms, would be in very poor condition, requiring substantial repairs and rehabilitation. Major systems like electrical, plumbing, and HVAC are likely original or very old, necessitating significant investment to meet current safety and comfort standards. The listing's framing as an 'opportunity' for investors further suggests the need for extensive work.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex with two distinct units (3 bed/1 bath and 1 bed/1 bath) and separate utility meters, offering strong rental income potential for investors or owner-occupants seeking supplemental income.
R3 Zoning: The R3 zoning designation provides flexibility for potential future development or expansion, enhancing the property's long-term value and investment appeal.
Excellent School Proximity: Located within walking distance to highly-rated elementary (Pio Pico, rating 4) and good high schools (Santa Ana High, rating 3), making it attractive to families.
Separate Utility Meters: Each home has separate gas and electrical meters, which simplifies tenant billing, management, and ensures fair utility distribution for rental units.
Generous Lot Size: A 7405 sqft lot provides ample outdoor space, a valuable asset for a multi-unit property in an urban setting, potentially allowing for outdoor amenities or future expansion.
Cons
Historic Property (Built 1914): The property's age (built in 1914) suggests a high likelihood of requiring extensive renovations, system upgrades (plumbing, electrical, HVAC), and potential deferred maintenance, which could incur significant costs.
Critical Data Discrepancy (Square Footage): The reported '1 sqft' is a significant data error, making it impossible to accurately assess the property's size, which can complicate valuation, financing, and buyer confidence.
Lack of Premium Views: The property description explicitly states 'view: None,' indicating an absence of special scenic or desirable views, which might limit its appeal to certain buyers seeking such amenities.