UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 769 sqft
Price per Sqft $910
Subdivision Rancho Las Bolsas
MLS Listing ID PW26113265
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1941
Lot Size 8,359 Sqft
Property Sub-Type Single Family Residence
Property Description
Welcome to 4521 W Watkins Way, the ultimate blank canvas in central Santa Ana. Boasting a flat 8,360 sq. ft. lot with highly desirable R2 zoning, this is a rare opportunity to acquire a premium parcel in a neighborhood experiencing tremendous growth and upside.
The existing 769 sq. ft. structure is a fixer, making this the perfect value-add project for a flipper or visionary developer ready to maximize their return. The sheer size of this fully-fenced lot gives you the flexibility to bring your vision to life. Buyers can explore a rehab and expansion to create a sprawling, modernized single-family home, or start entirely fresh to take full advantage of the lot's multi-family redevelopment potential. Whether you envision a large-scale income-producing property or a beautifully reimagined home with an expansive backyard, the possibilities here are vast.
A gorgeous, mature blooming Jacaranda tree provides instant front-yard curb appeal. The exceptionally deep, rectangular backyard offers endless configuration possibilities for a massive extension, a large workshop, or future development. It is perfectly situated in a transitioning area with massive upside potential, adjacent to neighborhood schools and parks. Plus, this central Orange County location offers quick access to major freeways, shopping, and regional employment hubs.
Property Details & Layout:
This is currently a 2 Bed, 1 Bath stand-alone single-family home featuring 769 sq. ft. of living area. The home is a single-story with a main floor entry level. The primary entry location is at the front door facing the street, with secondary access via a back door from the driveway. There are currently no garage but plenty of space to build one, leaving ample room for driveway parking or future development.
Please note that the property requires rehabilitation and will likely not qualify for traditional financing. The property is being sold strictly in "AS-IS" condition. Buyer and buyer's agent to conduct their own due diligence and verify all zoning, building requirements, permits, and lot potential with the City of Santa Ana.
Lots of this size in Orange County are scarce. Bring your contractor or architect, run your numbers, and submit your offer today!
Location
State CA
County Orange
Area 70 - Santa Ana North Of First
Zoning R2
Rooms
Main Level Bedrooms 2
Interior
Interior Features All Bedrooms Down
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Street Lights
Utilities Available Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected
View Y/N No
View None
Private Pool No
Building
Dwelling Type House
Story 1
Entry Level One
Sewer Sewer Tap Paid
Level or Stories One
New Construction No
Schools
Elementary Schools Heritage
Middle Schools Stephen
High Schools Los Amigos
School District Santa Ana Unified
Others
Senior Community No
Tax ID 10813145
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
MORTGAGE CALCULATOR
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