1622 W 2Nd St, Santa Ana, CA 92703
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1622 W 2Nd St Santa Ana, CA 92703

$675,000 Sold Price as of 03/02/2023
  • 4 Beds
  • 2 Baths
  • 1,600 Sq.Ft.
Sold
$675,000 Sold Price as of 03/02/2023 Refinance Your Mortgage

Map preview of 1622 W 2Nd St, Santa Ana, CA 92703

Property Overview: 1622 W 2Nd St Santa Ana, CA has 4 bedrooms, 2 bathrooms, 1,600 living square feet and 6,273 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTMENT OPPORTUNITY! TWO separate PERMITTED SINGLE FAMILY HOMES on a Lot. EXCELLENT POTENTIAL. Homes have great bones that need some TLC to bring them back to their full income potential. EACH HOME has 2 bedrooms and 1 bathroom. Current rents are far below the current market rental range of $1,600-$2,500 per month. Separate gas & electric meters. The FRONT HOME features a private gated front yard and porch, Living Room, Dining Room, Flex Space, Inside Laundry area, and on-site parking for 3 cars. The BACK HOME is larger with a generous Living Room, Dining Room, Hookups for Inside Laundry, a private wrap-around backyard, and an attached two-car garage. Long-term month-to-month tenants. Property is being sold "AS-IS" Centrally located close to schools, parks & shopping.

Listed by Carol Kornievsky | BRE #02021625 | First Team Real Estate
Co-listed by Cathy Haney | BRE #01133913 | First Team Real Estate
Last checked: 14 minutes ago | Last updated: March 2nd, 2023 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
6,273
HOA Dues
$0/mo
Year built
1962
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC22015291
City
Santa Ana
County
Orange
Time on Site
790 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,075
  • Total Rent: $12,900
  • Pro Forma/Market Rent: $1
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $15,300
  • Pro Forma/Market Rent: $1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $16,590
  • Net Operating Income: $10,287
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,303
  • Licenses: $131
  • New Taxes: $979
  • Trash: $0
  • Insurance: $813
  • Water/Sewer: $4,380

Property Details for 1622 W 2Nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen, Individual Room, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Ceiling Fan(s), Formica Counters
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle
  • Has Fence
  • Chain Link, Fair Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway - Combination, Driveway Level, Garage, Garage Faces Front, Garage - Single Door, Off Street, Private, Side by Side
Lot Information
  • Lot Features: Back Yard, Front Yard, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 00720203
  • Year Built Source: Public Records
  • Architectural Style: Cottage, Traditional
  • Foundation Details: Combination, Raised, Slab
  • Property is not Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: .
  • Directions: Main Street, turn on Western, turn on 2nd Street.
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Santa Ana Agent

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Sale History for 1622 W 2Nd St

Last sold for $675,000 on March 2nd, 2023
  • March, 2023

  • Mar 2, 2023

    Date

    Sold

    CRMLS: OC23013129

    $675,000

    Price

  • Jan 27, 2023

    Date

    Active

    CRMLS: OC23013129

    $675,000

    Price

  • Listing provided courtesy of CRMLS

    TWO separate PERMITTED SINGLE FAMILY HOMES on a Lot, PLUS a TWO-CAR GARAGE! EXCELLENT POTENTIAL to modify garage to a 3rd INCOME UNIT as a ADU. Homes have great bones that need your TLC to bring them back to their full income potential. EACH HOME has 2 bedrooms and 1 bathroom. The tenants pay their own utilities with the exception of the water and trash. Long-term tenant provides a steady income for the buyer. GREAT INVESTMENT OPPORTUNITY! Rents are far below the current market rental range of $1,600-$2,500 per month. Separate gas & electric meters. The FRONT HOME features a private gated front yard and porch, Living Room, Dining Room, Flex Space, Inside Laundry area, and on-site parking for 3 cars. The BACK HOME is larger with a generous Living Room, Dining Room, Hookups for Inside Laundry, a private wrap-around backyard, and an attached two-car garage. Long-term month-to-month tenant in the front property. The back home is vacant. The property is being sold "AS-IS". Please review the supplementals for the permit history on these homes. Centrally located close to schools, parks & shopping.

  • March, 2023

  • Mar 2, 2023

    Date

    Sold

    CRMLS: OC23013193

    $675,000

    Price

  • Jan 27, 2023

    Date

    Active

    CRMLS: OC23013193

    $675,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT INVESTMENT OPPORTUNITY! TWO separate PERMITTED SINGLE FAMILY HOMES on a Lot, PLUS a TWO-CAR GARAGE! EXCELLENT POTENTIAL to modify garage to a 3rd INCOME UNIT as a ADU. Homes have great bones that need your TLC to bring them back to their full income potential. This unique property provides flexibility for an owner that may want to live in one unit and rent out the other unit, or simply rent both units for a steady stream of income. Front HOME has 2 bedrooms and 1 bathroom. The tenants pay their own utilities with the exception of the water and trash. The current Long-term tenant provides a steady income for the buyer. Rents are far below the current market rental range of $1,600-$2,500 per month. Separate gas & electric meters. The FRONT HOME features a private gated front yard and porch, Living Room, Dining Room, Flex Space, Inside Laundry area, and on-site parking for 3 cars. The BACK HOME is larger with a generous Living Room, Dining Room, Hookups for Inside Laundry, a private wrap-around backyard, and an attached two-car garage. Long-term month-to-month tenant in the front property. The back home is vacant. The property is being sold "AS-IS". Please review the supplementals for the permit history on these homes. Centrally located close to schools, parks & shopping.

  • February, 2022

  • Feb 1, 2022

    Date

    Hold

    CRMLS: OC22016075

    $675,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2022

  • Feb 1, 2022

    Date

    Hold

    CRMLS: OC22015291

    $675,000

    Price

Show More

Tax History for 1622 W 2Nd St

Assessed Value (2020): $42,716
Year Land Value Improved Value Assessed Value
2020 $14,577 $28,139 $42,716

Home Value Compared to the Market

This property vs the competition

1622 W 2Nd St sold on March 2, 2023 for 17.68% lower than the current median sold price for the city of Santa Ana which is $820,000. The median sold price per/sqft for Santa Ana is $585 and this home is sold at $421.88 per/sqft which puts the price per square foot 27.88% lower than the current median sale per square foot for the city of Santa Ana.

About 1622 W 2Nd St

Detailed summary of property

1622 W 2Nd St is a single family home that recently sold in Santa Ana, CA 92703. This house offered 4 bedrooms, 2 bathrooms, roughly 1,600 living square feet, and sits on an approximately 6,273 square foot lot. 1622 W 2Nd St was first listed on ArdentRealEstateGroup.com on January 27, 2022. The homeowner sold the property for $675,000. Home in Santa Ana are selling for a median price of $820,000 and a median price per square foot of $585. Based on Ardent Real Estate Group's Santa Ana Market Data, this home is sold 17.68% lower than the current median priced home. Local homes that are currently for sale include 10925 Obsidian Court, 902 Hollow Brook Ln #132 and 3430 Timber Lake #52. While the average home in Santa Ana, CA is selling in 51 days, 1622 W 2Nd St has a days on market of 5 days. There are currently 220 homes for sale in the Santa Ana real estate market and 113 of them are single family homes while 95 of them are condos and 11 are townhomes. For more information on this home for sale at 1622 W 2Nd St Santa Ana, CA 92703 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Ana agents.

Public Facts for 1622 W 2Nd St

Public county record property details
Beds
1
Baths
1
Year built
1962
Sq. Ft.
912
Lot Size
6,271
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
6
APN
007-202-03

The source for these homes facts are from public records.

92703 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$768,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$747,000
Median Sold Price/Sq.Ft.
$704
Total Inventory
23
Median Sale to List Price %
106.73%
Avg Days on Market
7
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (12.5%), Other (37.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.