LIVE IN ONE, RENT THE OTHER!! 2 Homes + Large LOT + INCOME POTENTIAL: Rare two-home gated compound in Santa Ana with income potential, private yards, remodeled interiors, and large usable land. Ideal for multigenerational living, live/rent strategy, investors, or buyers seeking future SFR & ADU upside. The property features approximately 1,800 square feet of living space across two residences with a total of 5 bedrooms and 2 bathrooms. The front home (#215 N McClay) offers 3 bedrooms, 1 bathroom, an attached garage, and a private fenced yard, ideal for a primary residence or rental unit. The second home (#217 N McClay) features 2 bedrooms and 1 bathroom with its own gated entry, large yard area, pergola, mature fruit trees, and outdoor space perfect for relaxing or entertaining. Both homes have been extensively remodeled, including brand new kitchens, upgraded bathrooms, new flooring, new water heaters, newly installed split A/C systems, updated cabinetry and countertops, stackable washer and dryer and refreshed landscaping throughout the property with drip irrigation. These improvements make the homes move-in ready while providing strong rental appeal. A standout feature of the property is the additional large graded lot area, offering exceptional flexibility for future use. The space may allow for additional improvements such as a SFR with a Jr. ADU (buyer to verify with the City), a contractor yard, storage area, workshop, recreational space, or expanded outdoor entertaining area. The entire property is fully gated, offering privacy and security, creating a unique environment that can function as a private family compound or a highly desirable rental investment. Located near major freeways, shopping, schools, and the amenities of downtown Santa Ana, this property presents a rare opportunity to own two remodeled homes with income potential and valuable yard space in one of Orange County’s strongest rental markets.