
Anaheim, California 92801
This Strategic Value-Add Condo is listed at $375,000, offering a low-barrier entry point compared to its $346,562 Fair Market Value. Holding a Fair Condition Rating, this second-floor corner unit provides enhanced privacy and a functional open-concept layout. While the interior is dated, the recent HVAC repairs and an active Special Assessment for infrastructure upgrades ensure the property’s long-term structural integrity and marketability. Located near Disneyland Resort and the Anaheim Union High District, this is a high-potential asset for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1850 W Greenleaf Subject | $375,000* List Price | 2 | 1 | 830 | $418 | - |
A 278 N Wilshire Sold | $431,000 | 2 | 2 | 1,074 | $401 | 1.0 mi |
B 278 N Wilshire Avenue 156 Sold | $487,000 | 2 | 2 | 1,074 | $453 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this property is aged but functional, aligning with the 'fair' condition category. While the HVAC system was recently repaired and safety detectors updated, the interior lacks evidence of a comprehensive modern renovation. The kitchen and bathroom fixtures, along with the overall aesthetic, show signs of being outdated. Additionally, the existence of a special assessment for major infrastructure repairs (roof, balconies, and walls) indicates significant deferred maintenance at the complex level that is only now being addressed.
As a second-floor corner unit with only one shared wall, this property offers a quieter living environment and an open-concept layout that maximizes the 830 square feet of living space.
Ideally situated in the heart of Anaheim near the Disneyland Resort, major shopping, and dining, with immediate access to the 91 and 5 freeways for easy commuting.
The HOA provides excellent value by covering water, trash, and common area maintenance, while offering residents access to a pool and an enclosed one-car garage.
The property is currently undergoing a short sale, which typically involves a more complex and potentially lengthy closing process requiring third-party lender approval.
The unit is subject to a special assessment for infrastructure repairs including the roof and balconies, which adds an additional financial obligation for the incoming buyer.
BACK ON MARKET! This property is undergoing a shortsale. Pay-off demand is readily available. This property recently had its smoke and carbon monoxide detectors replaced and its HVAC fixed to working condition. This desirable second-floor corner unit offers enhanced privacy with only one shared wall, creating a quiet and comfortable living environment. The open-concept layout features access to a private balcony, ideal for everyday living or entertaining. This property includes an enclosed one-car garage. The home also has a washer and dryer unit out in the backside of the complex. The 2 rooms have ample space and are separated by the bathroom in between. The home is located within a well-maintained community offering ample guest parking conveniently located out front. HOA dues include water, trash, landscaping, pool access, and common area maintenance, providing excellent value and predictable monthly expenses. Ideally situated near Disneyland Resort, shopping, dining, schools, parks, and with easy access to the 91 and 5 freeways, this property delivers convenience in the heart of Anaheim and Orange County. A 3D Matterport tour is available for a detailed virtual walkthrough. The property is subject to a special assessment. The assessment covers the infrastructure of the complex, including the balcony, roof, sidewalks, and walls, which helps the buyer understand that the longevity of their home will increase and also helps maintain property value over time. The seller has established lender options with competitive rates. Buyer credits may be available to further assist with financing or closing costs. The seller is motivated, and may also include select furniture with an acceptable offer (subject to approval). Please check the supplements for the recent appraisal. Please also check the scope of work for HVAC and Smoke/carbon detectors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 3.0 | 8% |
| Square foot | 830 | 1,149 | 8% |
| Lot Size | 21,081 | 123,477 | 44% |
| Price | $375.0K | $678.0K | 4% |
| Price per sq ft | $452 | $555 | 12% |
| Built year | 1964 | 1983 | 20% |
| HOA | $300.0 | $339 | 40% |
| Days on market | 107 | 189 | 32% |
Mar 6, 2026
$375,000
$350,000
+7% Price Increase
Initial Listing
Jan 13, 2026
$350,000
$423,950
-17% Price Drop
Initial Listing
Jan 5, 2026
$423,950
Initial Listing
Nov 19, 2013
$212,000
Public Record
Jun 3, 2008
$161,500
Public Record
Jul 25, 2003
$174,000
Public Record
Aug 27, 1993
$90,000
Public Record