5009 W 7th Street
Santa Ana, CA, 92703
$1,200,000
2 Beds
2 Baths
1,053 SqFt
0.44 Acres
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Go to www.bidonhomes.com for bidding information and for minimum bid amount. Deadline for final bids is today, 4/30/2024 at 12:00 NOON. 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.

Property Details

Price:
$1,200,000
MLS #:
RS24065614
Status:
Pending
Beds:
2
Baths:
2
Address:
5009 W 7th Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
70santaananorthoffirst
City:
Santa Ana
Listed Date:
Apr 12, 2024
State:
CA
Finished Sq Ft:
1,053
ZIP:
92703
Lot Size:
18,990 sqft / 0.44 acres (approx)
Year Built:
1926
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Interior

Appliances
None
Cooling
None
Fireplace Features
None
Interior Features
Unfurnished

Exterior

Community Features
Suburban
Fencing
Block, Wood
Garage Spaces
2.00
Lot Features
Lot 10000-19999 Sqft, Rectangular Lot
Parking Features
Driveway, Garage
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
1
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Neighborhood
Water Source
Public

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5009 W 7th Street
Santa Ana, CA