2118 Park Drive, Santa Ana, CA 92707
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2118 Park Drive, Santa Ana, CA 92707
2118 Park Drive, Santa Ana, CA 92707
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Andrea Coleman

Andrea Coleman

+1(619) 548-1991
$ 1,450,000
Est. payment /mo
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2118 Park Drive Santa Ana, CA 92707

5 Beds

4 Baths

1,801 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,801 sqft

Price per Sqft $805

MLS Listing ID OC26193623

Bedrooms 5

Full Baths 4

Year Built 1949

Lot Size 6,300 Sqft

Property Sub-Type Detached

Property Description

Excellent opportunity for investors or owner-occupants seeking immediate cash flow, multiple living spaces, and additional rental upside. Located at 2118 S Park Dr, Santa Ana, CA 92707, this property features a charming main residence plus a newer 3-bedroom, 2-bath ADU built in 2022. The property currently generates approximately $6,000 per month in combined rental income roughly $72,000 annually. The main house is occupied by a long-term tenant of approximately 14 years, providing valuable rental stability with annual rent increases. Current rents may also offer additional future upside toward fair-market levels, subject to applicable lease terms and rental regulations. The main residence is a charming circa-1949 bungalow that has undergone extensive professional-level remodeling. Interior upgrades include recessed ceiling lighting, an updated kitchen with black stone countertops, newer cabinetry, stainless-steel sink, easy-care tile flooring throughout, and double-pane windows. A backyard patio slider provides convenient access to the private outdoor living area with steel side-yard gates providing added privacy and security. Adding tremendous value is the 2022-built 3-bedroom, 2-bath ADU, creating a highly desirable two-unit living arrangement and multiple income possibilities. An investor can benefit from income from both residences, while an owner-occupant may choose to live in one unit and rent out the other to help offset the mortgage and monthly housing expenses. Ideal for a buy-and-hold investor, owner-investor, or multi-generational household, this property combi

Location

State CA

County Orange

Direction North of Warner, between Flower and Bristol Cross Streets: Warner and Park Dr.

Interior

Cooling Central Forced Air

Fireplace No

Laundry Gas, Washer Hookup

Exterior

Garage Spaces 1.0

View Y/N Yes

Water Access Desc Public

View Neighborhood

Total Parking Spaces 1

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 01520305

Acceptable Financing Cash, Cash To Existing Loan, Cash To New Loan, Conventional

Listing Terms Cash, Cash To Existing Loan, Cash To New Loan, Conventional

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Tony Nguyen, DRE#02162807 New Empire Realty 
Andrea Coleman

Andrea Coleman

Agent License ID: 01988436

+1(619) 548-1991

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2118 Park Drive