LIVE IN ONE, RENT THE OTHER!! 2 Homes + Large LOT + INCOME POTENTIAL: Rare two-home gated compound in Santa Ana with income potential, private yards, remodeled interiors, and large usable land. Ideal for multigenerational living, live/rent strategy, investors, or buyers seeking future SFR & ADU upside. The property features approximately 1,800 square feet of living space across two residences with a total of 5 bedrooms and 2 bathrooms. The front home (#215 N McClay) offers 3 bedrooms, 1 bathroom, an attached garage, and a private fenced yard, ideal for a primary residence or rental unit. The second home (#217 N McClay) features 2 bedrooms and 1 bathroom with its own gated entry, large yard area, pergola, mature fruit trees, and outdoor space perfect for relaxing or entertaining. Both homes have been extensively remodeled, including brand new kitchens, upgraded bathrooms, new flooring, new water heaters, newly installed split A/C systems, updated cabinetry and countertops, and refreshed landscaping throughout the property. These improvements make the homes move-in ready while providing strong rental appeal. A standout feature of the property is the additional large graded lot area, offering exceptional flexibility for future use. The space may allow for additional improvements such as a SFR with a Jr. ADU (buyer to verify with the City), a contractor yard, storage area, workshop, recreational space, or expanded outdoor entertaining area. The entire property is fully gated, offering privacy and security, creating a unique environment that can function as a private family compound or a highly desirable rental investment. Located near major freeways, shopping, schools, and the amenities of downtown Santa Ana, this property presents a rare opportunity to own two remodeled homes with income potential and valuable yard space in one of Orange County’s strongest rental markets.
63 days
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Zillow last checked:
Listing updated:
Listed by:
Raffaele SupranoDRE #01972337949-339-8918,
Compass Land Advisors, Inc.
Source: CRMLS,MLS#: OC26107423Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Rooms
Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
Features: Main Level Primary
Bedroom
Features: All Bedrooms Down
Bedroom
Features: Bedroom on Main Level
Heating
Wall Furnace
Cooling
Ductless, Evaporative Cooling, Heat Pump
Appliances
Included: Gas Oven, Gas Water Heater, Dryer
Laundry: Gas Dryer Hookup, In Garage, Laundry Room
Features
Ceiling Fan(s), Quartz Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Flooring: Laminate
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 1,800
Total interior livable area: 1,800 sqft
Property
Parking
Total spaces: 1
Parking features: Garage
Garage spaces: 1
Features
Levels: One
Stories: 1
Entry location: 1
Pool features: None
Spa features: None
Fencing: Security
Has view: Yes
View description: None
Lot
Size: 0.28 Acres
Features: 2-5 Units/Acre, Rectangular Lot, Street Level
Details
Parcel number: 39844122
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Craftsman
Property subtype: Multi Family
Materials
Roof: Shingle
Condition
New construction: No
Year built: 1910
Utilities & green energy
Electric: 220 Volts
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
Features: Urban
Subdivision: Saddleback Park Villas (Sbpv)
Location
Region: Santa Ana
Financial & listing details
Price per square foot: $722/sqft
Tax assessed value: $47,705
Annual tax amount: $1,090
Date on market: 5/17/2026
Cumulative days on market: 63 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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