Renovated Duplex with Detached
For Sale
$950,000
210 S Raitt, Santa Ana, CA 92703
The main residence offers three bedrooms and two bathrooms, with a separate two-bedroom, one-bath casita on the property.
Property Size2,000 SF
Price / SF$475
Days on Market127
Property Features for 210 S Raitt
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Duplex
Site & Location
Neighborhood
Casa Bonita
Building Details
Building Size
2,000 SF
Year Built
1917
Listing Agency:
Balboa Real Estate, Inc
(657) 342-1130
Listed By:
Kamal Akhundov · License #02189034
(949) 247-8811
Source:
Gatehouseproperties
Added: Jun 26
Changed: Oct 27
Last Checked: Oct 27 at 3:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Balboa Real Estate, Inc
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Investment Insights
Based on property information with market context.
Built in 1917, this duplex pairs a renovated three-bedroom, two-bath main residence with a detached, renovated casita offering two bedrooms and one bath. The property also has paid-off solar panels, off-street parking, a backyard, and mature fruit trees. No HOA is listed.
The property is in Santa Ana, near shopping, dining, schools, parks, major freeways, and employment centers.
The property is in Santa Ana, near shopping, dining, schools, parks, major freeways, and employment centers.
Key Highlights
- Renovated three‑bedroom, two‑bath main residence
- Detached renovated casita with two bedrooms and one bath
- 10% cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,212
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,240
$724.2K
Cap Rate 7%
$517,314
$517.3K
Cap Rate 9%
$402,356
$402.4K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$54.0K $27.00/SF
− Vacancy
−$2.3K −$1.13/SF
EGI
$51.7K $25.87/SF
− OpEx
−$15.5K −$7.76/SF
NOI
$36.2K $18.11/SF
Area
ZIP 92703
Vacancy
4.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,240
Cap Rate 7%
$517,314
Cap Rate 9%
$402,356
Alternative Uses
Best Use
Multifamily LT 5
$517.3K
$452.7K – $603.5K
NOI $36,212 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$479.2K
$419.3K – $559.1K
NOI $33,546 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$578.9K
$506.5K – $675.3K
NOI $40,520 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
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Business Placement
Demographics for 92703, CA
65,621
Population
14,644
Households
4.5
Avg Household Size
34
Median Age
13%
College-Educated
60%
High-School Grad
4.2 sq mi
ZIP Area
15,624
Density / Sq Mi
$80,817
Median Household Income
$33,363
Median Earnings
$1,922
Median Rent
$585,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The main residence offers three bedrooms and two bathrooms, with a separate two-bedroom, one-bath casita on the property.
Where is this duplex located?
The property is located at 210 S Raitt Santa Ana, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Renovated three‑bedroom, two‑bath main residence; Detached renovated casita with two bedrooms and one bath; 10% cap rate
