5009 W 7th Street
Santa Ana, CA 92703
- 2 beds
- 2 baths
- 1,053 sqft
- ~1/2 acre lot
- $712 per sqft
- 1926 build
- – on site
Rare Investor/developer opportunity! This huge lot with an existing small single family residence and an ADU built onto the rear of the detached garage (which contains bath #2,) offers a unique opportunity to create a multiple unit property. The house and detached garage are situated at the front of the lot creating a very large, flat, buildable lot in the rear. The 4 neighboring, almost identical, lots directly to the west of the subject are all two-on-a-lot with ADUs. The way it is currently zoned, the city will most likely allow two separate detached homes with an ADU and a junior ADU for each home, making a total of 6 houses... check with the Santa Ana Planning Department to confirm. There is also a possibility of more than 6 houses with a variance. All buyers are encouraged to complete their due diligence before making an offer. This property will be part of an auction process with all bids due by the deadline of April 30, 2024.PLEASE NOTE: The list price on the MLS is the minimum bid price for the auction. This is not an absolute auction- there is a seller reserve that must be met. The buyer will be required to pay a 4% buyer's premium. The value is mainly in the land. Listing broker does not guarantee the information provided in the MLS is correct as to the improvements on the property. All prospective buyers are encouraged to complete their own diligence on the property before submitting an offer.
Last checked:
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Last updated Apr 20, 2024
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MLS# RS24065614 —
This home is listed in more than one place. See it here, and here, and here.
Monthly cost estimate
Asking price
$750,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,016
|
| Taxes | N/A |
| Insurance | $206 |
| Utilities | $123 See report |
| Total | $4,345/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/12/24
Apr 12, 2024
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Listed / Active | CRMLS_CA | $750,000 | |
|
7/23/15
Jul 23, 2015
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Price Changed | CRMLS_CA | ||
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5/29/15
May 29, 2015
|
Price Changed | CRMLS_CA |
60% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $41k above asking price on average, but some went as high as $145k over asking price.