1206 S Palm, Anaheim, California 92805, Anaheim, 92805 - 4 bed, 2 bath
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Anaheim, California 92805
This Value-Add Rental Asset is listed at $866,000, offering a strategic footprint in a high-demand Anaheim submarket. While the price exceeds the $719,824 Fair Market Value, the property’s strength lies in its 7,243 Sq. Ft. Lot and rare 4-Bedroom/2-Bathroom layout within a compact frame. Holding a Condition Rating of 5, the "as-is" sale necessitates a comprehensive rehab to rectify deferred maintenance. Located within the Anaheim Union High School District, the expansive lot provides significant potential for an ADU addition. This is an ideal acquisition for Value-Add Investors or Contractors focused on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1206 S Palm Subject | $866,000* List Price | 4 | 2 | 1,106 | $680 | - |
A 718 S Citron Street Sold | $750,000 | 3 | 1 | 1,118 | $671 | 0.6 mi |
B 719 S Citron Street S Sold | $735,000 | 3 | 1 | 1,101 | $668 | 0.6 mi |
C 719 S Pine Street Sold | $880,000 | 3 | 1 | 1,386 | $635 | 0.6 mi |
D 847 S Philadelphia Active | $865,000 List Price | 2 | 1 | 1,132 | $764 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 and sold 'as-is,' this property shows significant deferred maintenance and low-quality updates. The interior laminate flooring is failing with visible gapping, the kitchen and bathroom are dated 'rental grade' finishes, and the presence of window AC units indicates a lack of modern central HVAC. The exterior shows a heavily cracked driveway and unkempt landscaping, suggesting the home requires a comprehensive rehab.
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 is ideally situated in Anaheim with convenient access to major entertainment venues, diverse dining options, and key freeways, ensuring high desirability for residents and commuters.
Boasting a 7,243 square foot lot, this property offers significant outdoor space and substantial potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
The property is being sold in as-is condition, which suggests it may require immediate capital expenditure for deferred maintenance, repairs, or modern upgrades.
Fitting four bedrooms into 1,106 square feet results in a high-density layout with likely small individual room sizes, which may feel cramped for some families.
Rental property sold as-is. Good location with easy access to entertainment, dining, and major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,106 | 1,459.5 | 19% |
| Lot Size | 7,243 | 6,190 | 77% |
| Price | $866.0K | $926.0K | 34% |
| Price per sq ft | $783 | $669 | 83% |
| Built year | 1953 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 129 | 17% |
Jun 13, 2026
$866,000
$843,000
+3% Price Increase
Initial Listing
May 16, 2026
$843,000
$866,000
-3% Price Drop
Initial Listing
Apr 5, 2026
$866,000
Initial Listing
Sep 2, 2005
$320,000
Public Record
Dec 7, 2000
$189,000
Public Record