
Anaheim, California 92805
This Turnkey Multi-Generational Residence is a Strong Value Opportunity, listed at $985,000—positioned well below the $1,042,866 Fair Market Value by 5%. This valuation gap offers $57,866 in Instant Equity. Featuring a Mint Condition Rating and a Fully Permitted ADU, the property provides significant rental income potential or flexible living arrangements. With extensive infrastructure upgrades and a large, fruit-bearing lot, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1313 E Merona Place Subject 4 bd · 3 ba · 1,677 sqft · $587 | $968,000* List Price | 4 | 3 | 1,677 | $587 | - |
A 724 N Vine Sold 5 bd · 3 ba · 1,656 sqft · $574 · 0.6 mi | $950,000 | 5 | 3 | 1,656 | $574 | 0.6 mi |
B 1808 E Briarvale Sold 4 bd · 2 ba · 1,474 sqft · $610 · 0.7 mi | $899,000 | 4 | 2 | 1,474 | $610 | 0.7 mi |
C 535 N Century Sold 4 bd · 3 ba · 1,846 sqft · $623 · 0.6 mi | $1,150,000 | 4 | 3 | 1,846 | $623 | 0.6 mi |
D 1309 N Norwood Street Sold 3 bd · 2 ba · 1,309 sqft · $712 · 0.2 mi | $932,000 | 3 | 2 | 1,309 | $712 | 0.2 mi |
E 1261 E Balsam Sold 3 bd · 2 ba · 1,242 sqft · $734 · 0.2 mi | $912,000 | 3 | 2 | 1,242 | $734 | 0.2 mi |
F 177 N Evelyn Sold 3 bd · 2 ba · 1,680 sqft · $631 · 0.9 mi | $1,060,000 | 3 | 2 | 1,680 | $631 | 0.9 mi |
G 1225 E Balsam Active 3 bd · 2 ba · 1,242 sqft · $724 · 0.2 mi | $899,000 List Price | 3 | 2 | 1,242 | $724 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1954, the property has undergone a comprehensive renovation within the last 5 years, placing it in mint condition. Key systems have been modernized, including a brand-new roof, new electrical meter, and upgraded sewer/drainage. The kitchen and bathrooms feature contemporary finishes, shaker cabinetry, and stainless steel appliances, and the addition of a permitted ADU confirms a high level of maintenance and investment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7137, living area = 1677.
The property features a fully permitted 353 sq.ft. ADU with its own bedroom and bathroom, providing excellent potential for rental income, guest housing, or multigenerational living.
Major capital improvements including a brand-new roof, new electrical meter, and upgraded sewer and drainage systems offer long-term peace of mind and reduced maintenance costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1677, other record living area = 1324. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is listed as having no views, which may be a drawback for buyers seeking aesthetic surroundings or panoramic vistas in this price range.
Built in 1954, the home may have inherent architectural or structural characteristics typical of its era that might not fully align with modern open-concept preferences despite recent upgrades.
Welcome to this beautifully upgraded and meticulously maintained home with a FULLY PERMITTED ADU that seamlessly blends modern improvements, flexible living, and exceptional value. Featuring an open and inviting floor plan, the main residence consists of 1,324sq.ft., and offers 3 beds & 2 baths. The ADU adds an extra Bedroom(1) and Bath (1), and an ADDITIONAL 353sq.ft. of living space, making it ideal for multigenerational living, accommodating guests, or generating rental income! Total combined living space of 1,677 sq.ft., 4 bedrooms and 3 baths. From the moment you arrive, you'll appreciate the home's inviting curb appeal, highlighted by a charming front porch and an extra-large driveway offering exceptional convenience for guests, recreational vehicles, or multi-car households. Designed with long-term peace of mind, this home has been enhanced with a brand-new roof, a new electrical meter, and a fully upgraded sewer and drainage system. This home capitalizing on modern longevity. Step outside to a generously sized backyard offering endless possibilities. Create your dream outdoor entertaining space, add a pool, expand the home, or simply relax and enjoy the beautiful outdoor setting. The backyard is also a gardener's paradise, featuring a wonderful collection of mature fruit-bearing varieties, including oranges, apples, lemons, guava, figs, avocados, peaches, papayas, dragon fruit, and an aloe vera plant, providing fresh, homegrown organic produce throughout the seasons. With its versatile floor plan, extensive capital improvements, and prime location near shopping, dining, parks, schools, and major freeways, this turnkey property offers a rare combination of comfort, convenience, and investment potential. This home will not last long! Don't miss this exceptional opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,677 | 1,666.917 |
| Lot Size | 7,137 | 7,059.433 |
| Price | $968.0K | $1.03M |
| Price per sq ft | $577 | $635 |
| Built year | 1954 | 1961 |
| HOA | $0 | $217 |
| Days on market | 47 | 47 |
Sep 23, 2026
$968,000
$985,000
-2% Price Drop
Initial Listing
Sep 8, 2026
$985,000
Initial Listing
Jun 1, 2022
$855,000
Public Record
May 31, 2022
$855,000
Public Record
Nov 5, 1998
$167,500
Public Record