
Anaheim, California 92805
This Value-Add Residential Asset is listed at $730,000, representing a stable acquisition near its $711,542 Fair Market Value. Marketed as a comprehensive "project," the property carries a Condition Rating of 5, requiring significant rehabilitation to reach modern standards. Investors benefit from existing infrastructure upgrades, including a 200-amp electrical panel, dual-pane windows, and an enclosed patio on a generous 6,300 sq ft lot. Located in the Anaheim Union High School District near Disneyland, this property offers high forced-appreciation potential. This is a strategic opportunity for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1615 E Crestlane Subject | $730,000* List Price | 4 | 2 | 1,165 | $611 | - |
A 1316 E Romneya Drive Sold | $869,000 | 4 | 2 | 1,177 | $738 | 0.5 mi |
B 1307 E Merona Place Active Under Contract | $790,000 List Price | 4 | 3 | 1,465 | $539 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'project' and 'value-add opportunity,' indicating it requires substantial rehabilitation. Interior images show heavily stained and worn carpeting, outdated linoleum flooring, and significant cosmetic wear on walls and ceilings. While the listing notes some infrastructure upgrades like a 200-amp electrical panel and dual-pane windows, the overall interior condition is poor and necessitates a full renovation to be considered move-in ready by modern standards.
Situated in the heart of Anaheim, the property offers exceptional proximity to Disneyland, Angel Stadium, and major freeways, making it highly desirable for commuters and entertainment access.
The home features a 200-amp electrical panel, dual-pane windows, and a newer water heater, providing a solid foundation and reducing immediate costs for critical system updates.
The 6,300 sq ft lot with a fully enclosed block wall provides ample space for outdoor living or the potential to add an Accessory Dwelling Unit (ADU) to increase property value.
With 4 bedrooms distributed across only 1,165 square feet, the interior layout may feel cramped, with smaller individual room sizes than typical modern 4-bedroom homes.
Marketed as a 'value-add opportunity' and 'project,' the property likely requires significant cosmetic or structural updates to reach its full market potential and modern standards.
Welcome to 1615 E. Crestlane Ave – A Rare Opportunity in the Heart of Anaheim! This 4-bedroom, 2-bath home offers 1,165 sq ft of living space on a generous 6,300 sq ft lot—perfect for buyers looking to create their dream home or invest in a value-add opportunity. The property features key upgrades already in place, including a 200-amp electrical panel, dual-pane windows, and a newer water heater, giving you a strong head start on improvements. The spacious backyard is fully enclosed with block wall fencing and offers plenty of room for outdoor living, entertaining, or potential expansion. Inside, the home offers a functional layout with great natural light and an enclosed patio space, providing additional flexibility for future use. Conveniently located with quick access to major freeways, this home is ideal for commuters while still being close to everything Anaheim has to offer—including world-famous Disneyland, Angel Stadium, and the exciting new development surrounding the Honda Center and ARTIC district. Whether you're a homeowner looking to customize or an investor searching for your next project, this property delivers location, potential, and value. Don’t miss this opportunity to bring your vision to life in one of Orange County’s most dynamic areas!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,165 | 1,504 | 18% |
| Lot Size | 6,300 | 6,358.5 | 46% |
| Price | $730.0K | $910.0K | 4% |
| Price per sq ft | $627 | $626 | 50% |
| Built year | 1956 | 1954 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 157 | 1% |
Apr 15, 2026
$730,000
Initial Listing