1206 Palm, Anaheim, California 92805, Anaheim, 92805 - 4 bed, 2 bath
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Anaheim, California 92805
This property presents a High-Potential Investment Opportunity with a List Price of $796,000—positioned well below the $836,000 Fair Market Value by 4%. This valuation gap offers $40,000 in Instant Equity for buyers. Featuring a Fair Condition Rating and Dual Access & Development Potential via two separate driveways, the asset is primed for an ADU addition. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to leverage the large 7,243 sqft lot in a high-demand Anaheim location.
Property is land value only, full reconstruction required.
Built in 1955 (71 years old) with no mention of renovations and sold in 'as-is' condition. The listing focuses on land utility and expansion potential rather than the dwelling. Visible window AC units and deferred exterior maintenance suggest original systems and a structure that has reached the end of its functional life according to the >50y no-reno criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7243, living area = 1106.
The property features two separate driveways with entrances on both Ball Rd and Palm St, offering unique accessibility and significant potential for adding an ADU or expanding the footprint.
Ideally situated within walking distance to major Anaheim entertainment and dining districts with immediate access to freeways and public transportation, ensuring high desirability and rental demand.
The property is being sold in as-is condition, which suggests the need for immediate capital investment for repairs, modernization, or deferred maintenance.
With 4 bedrooms configured within only 1,106 square feet of living space, the individual room sizes and common areas may feel cramped and lack the spaciousness expected for a four-bedroom home.
property sold as-is. Good opportunity to add to the property as it has 2 separate driveways into the property. One entrance is on the Ball Rd side and the other on Palm st side. Walking distance to major entertainment and dining. Easy access to freeways and public transportation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,106 | 1,674 |
| Lot Size | 7,243 | 7,201 |
| Price | $796.0K | $1.01M |
| Price per sq ft | $720 | $627 |
| Built year | 1955 | 1960 |
| HOA | $0 | $188 |
| Days on market | 15 | 44 |
Jul 9, 2026
$796,000
Initial Listing
Jul 7, 2026
$836,000
Initial Listing
Sep 2, 2005
$320,000
Public Record
Dec 7, 2000
$189,000
Public Record