2118 Park Drive, Santa Ana, CA 92707
Local realty services provided by:CENTURY 21 Masters
2118 Park Drive,Santa Ana, CA 92707
$1,450,000
- 5 Beds
- 4 Baths
- 1,801 sq. ft.
- Single family
- Active
Listed by: tony nguyen
Office: new empire realty714-537-1111
MLS#:OC26193623
Source:CRMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$805.11
About this home
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 combines established rental income, a long-term tenancy, substantial improvements, a newer ADU, and future income potential.
Approximately $72,000 in current annual gross rental income with potential for more — a compelling Santa Ana investment opportunity with cash flow from day one....
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Home facts
- Year built:1949
- Subdivision & Development:Other
- Listing ID #:OC26193623
- Added:10 day(s) ago
- Updated:September 14, 2026 at 11:14 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:3
- Living area:1,801 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1949
- Building area:1,801 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Front Yard
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$805.11
Features and amenities
- Amenities:All Bedrooms Down
Parking
- Total parking spaces:1
- Garage:Yes
- Garage spaces:1
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