231 S Laxore Street, Anaheim, California 92804, Anaheim, 92804 - 0 bed, 0 bath
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Anaheim, California 92804
This Residential Income Quadruplex is listed at $2,150,000, reflecting a strategic entry point into the Anaheim market despite being priced above the $1,925,143 Fair Market Value. The asset maintains a Fair Condition Rating and features a versatile mix of 2-bedroom units, five enclosed garages, and private patios. Its proximity to Knott’s Berry Farm and major transportation hubs ensures consistent rental demand and long-term appreciation potential. This property represents a stable, income-generating asset perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage a high-demand rental location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 231 S Laxore Street Subject | $2,150,000* List Price | 0 | 0 | 4,040 | $477 | - |
A 229 S Delano 4 Active | $1,750,000 List Price | 0 | 0 | 4,357 | $402 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1963, making it over 60 years old. While the description states it is 'meticulously maintained,' the exterior image reveals an older aesthetic with some signs of wear and dated landscaping. Given its age, it's highly probable that major systems and interior finishes, including kitchens and bathrooms, are either original or were last updated 15-30+ years ago. This aligns with the 'Fair' category, indicating that the home is aged but maintained through regular upkeep, with major components likely functional but showing signs of being outdated. Without interior images, a definitive assessment of kitchen and bathroom styles and features is not possible, but based on the property's age and exterior, they are unlikely to be modern or recently renovated.
The property features a desirable unit mix of two 2-bed, 2-bath and two 2-bed, 1.5-bath units, catering to a broad tenant base and ensuring robust rental income for investors.
Located in Anaheim, the property boasts excellent connectivity to major transportation hubs, freeways, and is in close proximity to Knott's Berry Farm and new residential/commercial developments, enhancing its appeal and growth potential.
With five enclosed garages, ample parking is provided for all residents. Additionally, all units offer private patios or balconies, granting valuable extra outdoor living space.
Built in 1963, while 'meticulously maintained,' the property's age suggests potential for aging infrastructure (e.g., plumbing, electrical, HVAC systems) that may require future capital expenditures or higher maintenance costs.
The property explicitly states 'view: None,' which could be a drawback for some prospective tenants or buyers seeking scenic or city views, potentially limiting its premium appeal.
The listing price recently increased from $2.1M to $2.15M, which might indicate a less flexible negotiation stance or a higher entry cost for investors, especially if not accompanied by significant recent upgrades.
Elevate your investment portfolio or enhance your family's living experience with this meticulously maintained Anaheim fourplex. This prime property seamlessly combines convenience and robust growth potential, offering two 2-bed, 2-bath units and two 2-bed, 1.5-bath units designed to cater to diverse needs. Beyond the well-crafted units, a charming garden provides the ideal setting for quality family time. In addition to these features, the front unit boasts a cozy fireplace, while all units offer patios or balconies. Furthermore, the property includes five enclosed garages, ensuring ample parking for all residents. The enclosed patios grant residents extra outdoor living space to relish. Whether you're an investor seeking reliable returns or a family in search of an exceptional living space, this property offers the best of both worlds. Additionally, it benefits from excellent connectivity to major transportation hubs, ensuring promising returns for investors. Its close proximity to Knott's Berry Farm, major freeways, and the burgeoning landscape of new residential and commercial developments positions it perfectly for both growth and recreational opportunities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.5 | 50% |
| Baths | 0.0 | 2.0 | 50% |
| Square foot | 4,040 | 3,870 | 50% |
| Lot Size | 13,068 | 11,410.5 | 50% |
| Price | $2.15M | $1.54M | 75% |
| Price per sq ft | $532 | $433 | 75% |
| Built year | 1963 | 1965 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 279 | 215 | 0% |
Aug 4, 2025
$2,150,000
Initial Listing
Jul 17, 2025
$2,100,000
Initial Listing