
Anaheim, California 92804
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $889,176 Fair Market Value by 4%. This valuation gap offers $39,176 in Instant Equity. Featuring two detached houses on a 9,148 sq. ft. lot with separate utility meters, the property maintains a Fair Condition Rating. While requiring modernization, the dual-unit income potential and RV parking provide significant upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add multi-generational setup.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1336 1/2 S Knott Subject 3 bd · 2 ba · 1,486 sqft · $598 | $850,000* List Price | 3 | 2 | 1,486 | $598 | - |
A 3156 W Teranimar Sold 4 bd · 2 ba · 1,494 sqft · $706 · 0.7 mi | $1,055,000 | 4 | 2 | 1,494 | $706 | 0.7 mi |
B 433 S Danbrook Sold 3 bd · 2 ba · 1,399 sqft · $650 · 0.8 mi | $910,000 | 3 | 2 | 1,399 | $650 | 0.8 mi |
C 811 S Ramblewood Drive Sold 3 bd · 2 ba · 1,718 sqft · $536 · 0.6 mi | $920,000 | 3 | 2 | 1,718 | $536 | 0.6 mi |
D 1360 S Fremont Sold 4 bd · 2 ba · 1,187 sqft · $724 · 0.3 mi | $859,000 | 4 | 2 | 1,187 | $724 | 0.3 mi |
E 423 S Danbrook Sold 3 bd · 2 ba · 1,399 sqft · $690 · 0.9 mi | $965,000 | 3 | 2 | 1,399 | $690 | 0.9 mi |
F 3043 W Teranimar Sold 4 bd · 3 ba · 1,666 sqft · $525 · 1.0 mi | $875,000 | 4 | 3 | 1,666 | $525 | 1.0 mi |
G 3100 W Glen Holly Sold 4 bd · 3 ba · 1,817 sqft · $605 · 0.8 mi | $1,100,000 | 4 | 3 | 1,817 | $605 | 0.8 mi |
H 805 S Oakhaven Active 3 bd · 2 ba · 1,771 sqft · $562 · 0.6 mi | $995,000 List Price | 3 | 2 | 1,771 | $562 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the property is over 70 years old and shows significant signs of age, including dated interior finishes (popcorn ceilings, paneled walls) and visible exterior siding damage/rot. While the installation of modern ductless mini-split HVAC systems and separate utility meters are major system upgrades, the presence of unpermitted structures and deferred exterior maintenance require repairs and modernization to reach a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1486.
The property features two fully permitted detached single-story houses on a single lot, providing an ideal setup for multi-generational living or high-yield rental income.
Both detached structures are equipped with separate gas and electric meters and individual laundry hookups, significantly simplifying property management and cost tracking.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9148, other record lot size in square feet = 8209. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1486, other record living area = 598. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property includes an unpermitted second room in the rear house and an additional unpermitted studio, which may pose challenges for appraisal values or future permitting.
While gas and electricity are separate, both units share a single municipal water line, which could complicate utility billing and maintenance responsibilities between occupants.
Unique Real Estate Setup in Anaheim! This property features 2 fully permitted detached single-story houses on one expansive 9,148 sq. ft. lot, providing an exceptional find for buyers looking for space, flexibility, or extended family setups. The beautifully updated front house (1336 S Knott) offers a light and bright 2-bedroom, 1-bathroom layout. The private rear house (1336 1/2 S Knott) features 1 permitted bedroom, 1 bathroom, and an unpermitted second room utilized as additional living space. Maximizing convenience and cost tracking, both detached structures feature energy-efficient ductless mini-split HVAC heating and cooling systems, independent indoor wall-mounted laundry hookups, separate gas and electric meters, and their own private, fenced backyards, all sharing a municipal water line. The massive lot maximizes every inch of property space, featuring a long concrete driveway with an attached carport for vehicle or RV parking, a freestanding storage/workshop shed on one side, and an entirely separate, unpermitted additional room on the opposite side of the lot that offers excellent flexibility for private storage or a home studio. Buyer and Buyer’s Agent to conduct their own due diligence and independently verify all property conditions, records, and information. Broker makes no guarantees regarding accuracy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,486 | 1,666.917 |
| Lot Size | 9,148 | 7,059.433 |
| Price | $850.0K | $1.03M |
| Price per sq ft | $572 | $635 |
| Built year | 1952 | 1961 |
| HOA | $0 | $217 |
| Days on market | 13 | 47 |
Oct 12, 2026
$850,000
Initial Listing
Jun 8, 2005
$490,000
Public Record
Dec 23, 1994
$93,000
Public Record