
Anaheim, California 92805
This property presents a High-Potential Investment Opportunity with a List Price of $699,900—positioned well below the $728,797 Fair Market Value by 3%. This valuation gap offers $28,897 in Instant Equity. Featuring a Modernized Kitchen and a Generous 6,171 sqft Lot, the home maintains a Fair Condition Rating due to its 1954 vintage infrastructure. The high-visibility location offers significant versatility for professional use or expansion. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 134 W Ball Subject | $699,900* List Price | 3 | 2 | 1,000 | $729 | - |
A 309 E Water Street Sold | $785,000 | 3 | 2 | 950 | $826 | 0.8 mi |
B 718 S Citron Street Sold | $750,000 | 3 | 1 | 1,118 | $671 | 0.8 mi |
C 719 S Citron Street S Sold | $735,000 | 3 | 1 | 1,101 | $668 | 0.8 mi |
D 1418 E Pat Sold | $810,000 | 3 | 2 | 1,148 | $706 | 1.0 mi |
E 526 526 W Water Street Sold | $775,000 | 3 | 1 | 1,106 | $701 | 0.8 mi |
F 615 S Helena Circle Sold | $674,000 | 1 | 1 | 816 | $826 | 0.8 mi |
G 559 S Clementine Active Under Contract | $899,900 List Price | 4 | 2 | 1,242 | $725 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1954 (70 years old) and has been used as a rental for over 20 years. While the kitchen was recently updated with granite countertops and soft-close cabinetry, the overall age of the structure, dated exterior trim, and lack of mentioned updates to bathrooms or major systems (HVAC/Electric) place it in the fair category, requiring further modernization.
Situated on a well-traveled corridor near the Anaheim Resort District, this property offers exceptional exposure for potential home-based businesses or professional use.
The kitchen was recently updated with granite countertops and soft-close cabinetry, providing a contemporary and functional heart to the home.
The 6,171 sqft lot features a detached two-car garage and ample parking space, offering significant potential for expansion or an Accessory Dwelling Unit (ADU).
The property's location on a major thoroughfare results in high street visibility but also increased noise levels, which may detract from residential privacy.
Built in 1954 and held by the same family for over 50 years, the home likely requires updates to its original systems and finishes beyond the remodeled kitchen.
Opportunity knocks in the heart of Anaheim! This charming 3-bedroom, 1.5-bath single-story home offers a rare combination of comfortable living, exceptional visibility, and future potential. Situated on a generous lot with ample parking and a detached two-car garage, the property provides flexibility for a variety of lifestyles and possibilities. Lovingly held by the same family for more than five decades, this home is rich with history and ready for its next chapter. Having served as a successful rental property for over 20 years, and prior to that a home and real estate business front, it presents an excellent opportunity for investors, owner-occupants, or entrepreneurs seeking a property with outstanding exposure along one of Anaheim's well-traveled corridors. Inside, you'll find a functional floor plan with spacious living areas, three comfortable bedrooms, and the convenience of a single-level layout. The kitchen was redone with granite and soft closed cabinetry a few years ago. Outside, the expansive lot offers abundant parking, room to expand, outdoor entertaining potential, or additional uses subject to buyer investigation and city approval. Whether you're looking for a place to call home, an income-producing investment, or a property with potential business frontage and excellent visibility, this property delivers a unique opportunity in a prime Anaheim location. Conveniently located near shopping, dining, entertainment, major freeways, and just minutes from the magic of the Anaheim Resort District, this is a property with both character and possibilities. Don't miss your chance to own a piece of Anaheim history while creating its future.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,000 | 1,674 |
| Lot Size | 6,171 | 7,201 |
| Price | $699.9K | $1.01M |
| Price per sq ft | $700 | $627 |
| Built year | 1954 | 1960 |
| HOA | $0 | $188 |
| Days on market | 19 | 44 |
Jul 3, 2026
$699,900
Initial Listing