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Sold for $750,000
  • Listing Provided by: Allview Real Estate
    Bought with: JND Realty
    $750,000

    4521 W Watkins Way, Santa Ana, CA 92704

    2beds
    769sqft
    Single Family Residence
    Built in 1941
    8,360 Square Feet Lot
    $750,000 Zestimate®
    $975/sqft
    $2,989 Estimated rent

    Home value

    $750,000

    $698,000 - $810,000

    $2,989/mo

    Zestimate® history
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    $4,646/mo

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    What's special

    ATTENTION INVESTORS, BUILDERS & VISIONARIES: Massive 8,360 Sq. Ft. Lot with Endless Potential! 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!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Daniel Gutierrez DRE #02047363 949689-7768,

    Allview Real Estate

    Bought with:

    Danny Nguyen, DRE #01406815

    JND Realty

    Source: CRMLS,MLS#: PW26113265MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Separate Shower
    Heating
    • None
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 769 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,360 sqft
    Details
    • Parcel number: 10813145
    • Zoning: R2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1941

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Utilities for property: Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Santa Ana
    • Subdivision: Rancho Las Bolsas

    Other

    Other facts
    • Listing terms: Cash,1031 Exchange

    Price history

    DateEventPrice
    6/18/2026Sold$750,000+7.2%$975/sqft
    Source: CRMLS #PW26113265 Report a problem
    6/8/2026Pending sale$699,950$910/sqft
    Source: CRMLS #PW26113265 Report a problem
    5/29/2026Contingent$699,950$910/sqft
    Source: CRMLS #PW26113265 Report a problem
    5/25/2026Listed for sale$699,950$910/sqft
    Source: CRMLS #PW26113265 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,502 +2.7%$187,653 +2%
    2024$2,436 +1.9%$183,974 +2%
    2023$2,390 +2.4%$180,367 +2%
    2022$2,334 +1.4%$176,831 +2%
    2021$2,303 +1.2%$173,364 +1%
    2020$2,275 $171,587 +2%
    2019$2,275 +1.2%$168,223 +2%
    2018$2,248 +3.5%$164,925 +2%
    2017$2,173 $161,692 +2%
    2016$2,173 +4.3%$158,522 -33%
    2015$2,084 -27.5%$236,623 +2%
    2014$2,873 $231,988 +14.2%
    2013-- $203,092 -29%
    2012-- $286,000
    2011-- $286,000 +34.3%
    2010-- $213,000 +7.2%
    2009-- $198,641
    2008-- $198,641 +41.8%
    2007-- $140,069 +2%
    2006-- $137,323 +2%
    2005-- $134,631 +2%
    2004-- $131,992 +1.9%
    2003-- $129,573 +2%
    2002-- $127,033 +2%
    2001$1,345 +1.9%$124,543 +2%
    2000$1,320 $122,101

    Find assessor info on the county website

    Neighborhood: Riverview West

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Heritage
    • Middle: Stephen
    • High: Los Amigos

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $750,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $750,000