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2118 Park Drive
Single Family Residence 
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2118 Park Drive 
$1,450,000
Offered at
Santa Ana, CA 92707
Orange County
5
Beds
4
Baths
1,801
Sq Ft
6,299
Lot Sq Ft
1949
Year Built
Excellent opportunity for investors or owner-occupants seeking immediate cash flow, multiple living spaces, and additional rental upside. Located at 2118 S Park Dr, Santa Ana, CA 92707, this property features a charming main residence plus a newer 3-bedroom, 2-bath ADU built in 2022.
The property currently generates…
Excellent opportunity for investors or owner-occupants seeking immediate cash flow, multiple living spaces, and additional rental upside. Located at 2118 S Park Dr, Santa Ana, CA 92707, this property features a charming main residence plus a newer 3-bedroom, 2-bath ADU built in 2022.
The property currently generates approximately $6,000 per month in combined rental income — roughly $72,000 annually. The main house is occupied by a long-term tenant of approximately 14 years, providing valuable rental stability with annual rent increases. Current rents may also offer additional future upside toward fair-market levels, subject to applicable lease terms and rental regulations.
The main residence is a charming circa-1949 bungalow that has undergone extensive professional-level remodeling. Interior upgrades include recessed ceiling lighting, an updated kitchen with black stone countertops, newer cabinetry, stainless-steel sink, easy-care tile flooring throughout, and double-pane windows. A backyard patio slider provides convenient access to the private outdoor living area with steel side-yard gates providing added privacy and security.
Adding tremendous value is the 2022-built 3-bedroom, 2-bath ADU, creating a highly desirable two-unit living arrangement and multiple income possibilities. An investor can benefit from income from both residences, while an owner-occupant may choose to live in one unit and rent out the other to help offset the mortgage and monthly housing expenses.
Ideal for a buy-and-hold investor, owner-investor, or multi-generational household, this property combines established rental income, a long-term tenancy, substantial improvements, a newer ADU, and future income potential.
Approximately $72,000 in current annual gross rental income with potential for more — a compelling Santa Ana investment opportunity with cash flow from day one.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
Cooling
- Cooling: Central Air
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,801 sqft
Property
Parking
- Total spaces: 1
- Attached garage spaces: 1
Features
- Stories: 1
- Has private pool: No
- Has view: Yes
- View features: Neighborhood
Lot
- Size: 0.14 Acres
- Features: Front Yard
Details
- Parcel number: 01520305
Construction
Type & style
- Home type: Residential
- Property subtype: Single Family Residence
Condition
- Year built: 1949
Location
Mike Zwarg
Broker / Owner
951.528.0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: New Empire Realty · Listing Agent: Tony Nguyen · 714-333-1188 · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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2118 Park Drive, Santa Ana, CA 92707
951.528.0626
mike@mzhomes.us
mzhomes.us
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