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213 S Ohio Street, Anaheim, California 92805, Anaheim, 92805 - bed, bath

213 S Ohio Street, Anaheim, California 92805 home-pic-0
ACTIVE$1,139,000
213 S Ohio Street, Anaheim, California 92805
0Bed
0Bath
2,308Sqft
7,405Lot
Year Built
1922
Close
-
List price
$1.14M
Original List price
$1.18M
Price/Sqft
$494
HOA
-
Days on market
-
Sold On
-
MLS number
OC25048187
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.14M(50th), sqft - 2308(50th), beds - undefined(50th), baths - undefined(50th).

BACK ON MARKET! Two on a lot! Great opportunity to purchase 3 units (Duplex in the front, Single unit in the back). All 2 BR, 1BA units with inside laundry and 3-car, detached garage. Separately metered for gas and electric. One water meter split 3 ways. Tenants pay water, trash, and all utilities. Owner only pays for gardener fee, fire extinguisher fee, and fire department inspection fee. Front duplex had new roof in 2023. Unit 213B: New water heater in March 2024, Unit 215: New water heater in 2019. Great location, close to Disneyland and Knotts Berry Farm, restaurants, and shopping. 2 blocks from Anaheim High School. Long-term tenants. High demand rental area. Sold AS IS. ***This property is in the Anaheim Historic district and qualifies for the Mills Act of Orange County. Property owner can get a significant property tax reduction by preserving and rehabilitating this historic structure per City requirements.*** Accepting Back-up Offers!

Nearby schools

4/10
Ross (Betsy) Elementary School
Public,•K-6•0.4mi
7/10
Franklin (Benjamin) Elementary School
Public,•K-6•0.4mi
5/10
Westmont Elementary School
Public,•K-6•0.8mi
3/10
Orange Grove Elementary School
Public,•K-6•0.9mi
4/10
Jefferson (Thomas) Elementary School
Public,•K-6•1.1mi
4/10
Mann (Horace) Elementary School
Public,•K-6•1.1mi
2/10
Lincoln (Abraham) Elementary School
Public,•K-6•1.6mi
3/10
Guinn (James M.) Elementary School
Public,•K-6•2.6mi
1/10
Sycamore Junior High School
Public,•7-8•2.0mi
2/10
South Junior High School
Public,•7-8•2.4mi
4/10
Anaheim High School
Public,•9-12•0.1mi
5/10
Katella High School
Public,•9-12•2.3mi
Condition Rating
Poor
Built in 1922, this triplex shows significant age throughout its interiors, particularly in the kitchens and bathrooms of all three units. While the description notes a new roof in 2023 and recent water heater replacements, these are specific system updates and do not reflect a general renovation of the living spaces. The images reveal very dated kitchens with old painted cabinets, laminate countertops, and vintage appliances, along with bathrooms featuring older vanities, basic fixtures, and dated tile/linoleum. The flooring in living areas appears to be original hardwood, but light fixtures are basic and outdated, and there's no central air conditioning. The 'Sold AS IS' clause further suggests the need for substantial rehabilitation. To bring these units to a desirable, modern standard would require full kitchen and bathroom remodels, along with potential electrical and HVAC upgrades, classifying the required work as substantial rather than minor.
Pros & Cons

Pros

Income-Generating Triplex: The property features three distinct units (a front duplex and a rear single unit), providing multiple income streams and strong investment potential.
Mills Act Eligibility: Located in the Anaheim Historic district, the property qualifies for the Mills Act, offering significant property tax reductions for owners committed to preservation.
Prime Rental Location: Its proximity to major attractions like Disneyland and Knotts Berry Farm, along with restaurants, shopping, and Anaheim High School, ensures high rental demand and tenant stability.
Low Owner Operating Costs: Tenants are responsible for water, trash, gas, and electric utilities, significantly reducing the owner's recurring operational expenses.
Recent Capital Improvements: Key updates include a new roof on the front duplex in 2023 and recent water heater replacements (2019, 2024), mitigating immediate major capital expenditures.

Cons

Sold 'As-Is' Condition: The property is being sold 'as-is,' suggesting potential for deferred maintenance or necessary repairs that a buyer would need to address.
Historic District Restrictions: While offering tax benefits, its location in a historic district may impose limitations or additional costs on future renovations or exterior modifications.
Age of Property: Built in 1922, the property is over a century old, which typically implies a higher likelihood of needing ongoing maintenance and potential updates to older systems.

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