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Renovated Duplex With Detached Casita
For Sale
$950,000

210 S Raitt, Santa Ana, CA 92703

Santa Ana, CA

Property Size2,000 SF
Lot Size0.12 Acres
Price / SF$475
Days on Market111

Property Features for 210 S Raitt

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 5, Laundry Room, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 1
Lot features Lawn
View City
Elementary school district Santa Ana Unified
Middle school district Santa Ana Unified
High school district Santa Ana Unified
Directions Off Bolsa
Subdivision 699 - Not Defined
Standard status Active
Size 2,000 SF
Lot size 0.12 Acres

Utilities

Sewer type Public Sewer
Cooling system Ductless
Water source Public

Amenities

solar panels

Building Details

Year built 1917
Floors in Building 1
Number of units 2
Listing Agency: Balboa Real Estate, Inc
Listed By: Kamal Akhundov · License #02189034
Added: Jun 26 Changed: Oct 13 Last Checked: Oct 14 at 2:06PM
MLS# OC26140215

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,000-square-foot duplex in Santa Ana includes a renovated 3-bedroom, 2-bath primary residence and a detached casita with 2 bedrooms and 1 bathroom. The property was built in 1917 and features ductless cooling, paid-off solar panels, a large backyard, mature fruit trees, and ample off-street parking. Public water and public sewer serve the property, and there is no HOA.

Set on a 0.1188-acre lot at 210 S Raitt, the property is near shopping, dining, schools, parks, major freeways, and employment centers. The backyard provides outdoor space for entertaining, gardening, or other uses. The configuration offers flexibility for owner occupancy, rental income, or multigenerational living.

Key Highlights

  • 2,000 square feet with a 3‑bedroom, 2‑bath main residence
  • Detached renovated casita includes 2 bedrooms and 1 bathroom
  • 0.1188‑acre lot with large backyard and mature fruit trees

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 (±1% cap)
NOI $36,212 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$479.2K
$419.3K – $559.1K (±1% cap)
NOI $33,546 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$578.9K
$506.5K – $675.3K (±1% cap)
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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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Daycare Center Law Firm Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,129
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate living spaces support owner occupancy, rental use, or multigenerational living without HOA dues.
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: 2,000 square feet with a 3‑bedroom, 2‑bath main residence; Detached renovated casita includes 2 bedrooms and 1 bathroom; 0.1188‑acre lot with large backyard and mature fruit trees
More about this property
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