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Property Description
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!
Full Property Details
Full Property Details for 4521 W Watkins
General
- Price: $699,950
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: PW26113265
- Updated: 5/25/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- County: Orange
- Subdivision: Other (OTHR)
- Driving Directions: If heading North of S Newhope, turn right on Watkins and the property will be on the right. If heading South of S Newhope, turn left on Watkins and the property will be on the right.
School Information
- School District: Santa Ana Unified
- Elementary School: HERITA
- Middle School: STEPHE2
- High School: LOSAMI
Community
- Community Features: Street Lights
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Sewer Paid
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 769
- Sq. Ft. Source: Assessor
- Year Built: 1941
- Year Built Source: Public Records
Lot Features
- Property View: None
- Lot Size (Acres): 0.1919
- Lot Size (Sq. Ft.): 8,360
- Lot Size Source: Assessor
- Zoning: R2
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $910.21
Disclosures and Reports
- Special Conditions: Standard
Listed by Allview Real Estate, Daniel Gutierrez
Get Pre-Approved Today
Schools
Schools serving 4521 W Watkins
School District:Garden Grove Unified School District
| Name | Grades | Distance |
|---|---|---|
Heritage Elementary School, Santa Ana, CA 426 South Andres Place, Santa Ana, CA 92704 | K-6 | 0.2 mi |
Stephen R. Fitz Intermediate School 4600 West McFadden Avenue, Santa Ana, CA 92704 | 7-8 | 0.1 mi |
Los Amigos High School 16566 Newhope Street, Fountain Valley, CA 92708 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4521 W Watkins
Date
Details
Price
Change
Source
5/25/2026
Listed
$699,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4521 W Watkins
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,503
3%
$187,653
2%
2024
$2,438
2%
$183,974
2%
2023
$2,390
2%
$180,367
2%
2022
$2,334
1%
$176,831
2%
2021
$2,303
1%
$173,364
1%
2020
$2,275
1%
$171,587
2%
2019
$2,248
2%
$168,223
2%
2018
$2,195
1%
$164,925
2%
2017
$2,173
4%
$161,692
2%
2016
$2,084
-29%
$158,522
-33%
2015
$2,942
2%
$236,623
2%
2014
$2,873
15%
$231,988
14%
2013
$2,504
—
$203,092
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4521 W Watkins
4521 W Watkins, Santa Ana, CA 92704 (MLS# PW26113265) is a Single Family property with 2 bedrooms and 1 full bathroom. 4521 W Watkins is currently listed for $699,950 and was received on May 25, 2026. Want to learn more about 4521 W Watkins? Do you have questions about finding other Single Family real estate for sale in San Juan North? You can browse all San Juan North real estate or contact a Coldwell Banker agent to request more information.

