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Listing Agent: Patrick Owen CalDRE: 01076539 - Pat Owen Realty, [email protected]
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

5009 W 7th Street,  Santa Ana CA, 92703

(Active)
$750,000
|
2 beds, 2 Full baths, 1,053 sqft
|
MLS# RS24065614

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Last Updated: 4/29/2024 3:01 PM
Description for 5009 W 7th Street Santa Ana, CA 92703
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.
Price
Auction Property
,Other
Orange
2
2 Full
1,053 (approx)
RS24065614
Active
Description
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.
Listing Information
Property Type: Single Family, 1 Story
2 2 Full
0.44 Acres Assessor 1,053 (approx)
1926 Yes-2 spaces 1
,Other
Public
Public Sewer
Neighborhood
School Information
District: Santa Ana Unified
Room Information
Bathrooms: Main Level: 1
2
Main Level: 3, Total: 2
None
Interior Features
None
No Common Walls
Ground level
None
Unfurnished,All Bedrooms Down
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, 0 Covered Parking Spaces, Driveway,Garage
None
None
Other
Block,Wood
Repairs Cosmetic
Rectangular Lot
Driving Directions
From Euclid, go east on 7th St
Financial Considerations
10023140
Cash,Cash to New Loan,Court Approval
Listing Price History

Santa Ana Real Estate

Santa Ana is located in California. Santa Ana, California 92703 has a population of 334,452.

The median household income in Santa Ana, California 92703 is $62,374. The median household income for the surrounding county is $94,474 compared to the national median of $66,222. The median age of people living in Santa Ana 92703 is 39 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
4/12/2024 Active $750,000  USD  MLS info
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2023 $857   USD 2.63% $43,065   USD -
2022 $835   USD 1.33% $43,065   USD 2.00%
2021 $824   USD 1.10% $42,221   USD 2.00%
2020 $815   USD 0.87% $41,394   USD 1.03%
2019 $808   USD 2.02% $40,970   USD 2.00%
Listing Agent: Patrick Owen CalDRE: 01076539 - Pat Owen Realty, [email protected]
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 4/29/2024 3:01 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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