212 E Adams St Santa Ana, CA 92707
Delhi NeighborhoodEstimated payment $4,800/month
Highlights
- No HOA
- Tile Flooring
- Wall Furnace
- Laundry Room
- Wood Fence
- 1-Story Property
About This Home
Don’t miss this rare opportunity to own two separate 2-bedroom, 1-bathroom units situated on a spacious corner lot with a large yard and gated driveway access. Whether you’re an investor, owner-occupant, or developer, this property offers exceptional flexibility and value.
Each unit is separately detached, offering privacy and the potential for dual rental income, multigenerational living, or redevelopment. The expansive yard and lot configuration provide ample room for possible additions, ADUs, or other future improvements (buyer to verify).
Both units are prime candidates for renovation, with tremendous upside potential for value-add investors looking to unlock future equity. Positioned in a high-demand area, this property is a blank canvas ready to be transformed.
With strong bones, dual structures, and a highly usable lot, this is a strategic acquisition for anyone seeking long-term growth in a versatile asset.
Listing Agent
CALIFORNIA REALTY GROUP INC. Brokerage Phone: 951-526-6031 License #02017058 Listed on: 08/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,384
Year Built
- Built in 1947
Lot Details
- 5,227 Sq Ft Lot
- No Common Walls
- Wood Fence
- Density is 2-5 Units/Acre
Home Design
- Duplex
- Entry on the 1st floor
- Fixer Upper
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,216 Sq Ft Home
- 1-Story Property
- Gas Oven
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Parking Available
- Driveway
Utilities
- Wall Furnace
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 4 / J
- Tax Tract Number 728
- Assessor Parcel Number 01604410
- $538 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,000
- Maintenance Expense $500
- Professional Management Expense $3,734
- Operating Expense $6,475
- Gross Income $43,260
- Net Operating Income $36,785
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,384 | $352,524 | $310,668 | $41,856 |
| 2024 | $4,384 | $345,612 | $304,576 | $41,036 |
| 2023 | $4,274 | $338,836 | $298,604 | $40,232 |
| 2022 | $4,225 | $332,193 | $292,749 | $39,444 |
| 2021 | $4,129 | $325,680 | $287,009 | $38,671 |
| 2020 | $4,134 | $322,341 | $284,066 | $38,275 |
| 2019 | $4,058 | $316,021 | $278,496 | $37,525 |
| 2018 | $3,908 | $309,825 | $273,035 | $36,790 |
| 2017 | $3,875 | $303,750 | $267,681 | $36,069 |
| 2016 | $3,800 | $297,795 | $262,433 | $35,362 |
| 2015 | $3,752 | $293,322 | $258,491 | $34,831 |
| 2014 | $3,687 | $287,577 | $253,428 | $34,149 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $839,900 | -- | $691 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | -- | |
| Grant Deed | $285,000 | Stewart Title Irvine | |
| Grant Deed | $220,000 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $206,000 | New Conventional | |
| Previous Owner | $211,100 | New Conventional | |
| Previous Owner | $213,750 | Purchase Money Mortgage | |
| Previous Owner | $590,750 | Balloon | |
| Previous Owner | $420,000 | Unknown | |
| Previous Owner | $397,500 | Unknown | |
| Previous Owner | $289,250 | Unknown | |
| Previous Owner | $256,750 | Unknown | |
| Previous Owner | $246,500 | Unknown | |
| Previous Owner | $8,420 | Unknown | |
| Previous Owner | $198,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25194476
APN: 016-044-10
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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