
Anaheim, California 92806
This property represents a High-Potential Investment Opportunity, listed at $1,249,000—positioned well below the $1,430,146 Fair Market Value by 12%. This valuation gap offers $181,146 in Instant Equity. Featuring a 3,044 sqft layout, a recently rebuilt pool, and an existing ADU, the home maintains a Condition Rating of 3. Its strategic location near major employment hubs and the potential for a second ADU make this a premier asset for Buy-and-Hold Investors or Owner-Occupants seeking passive income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2906 E Collyer Lane Subject 5 bd · 4 ba · 3,044 sqft · $470 | $1,249,000* List Price | 5 | 4 | 3,044 | $470 | - |
A 2832 E Virginia Sold 4 bd · 2 ba · 2,154 sqft · $487 · 0.2 mi | $1,050,000 | 4 | 2 | 2,154 | $487 | 0.2 mi |
B 2902 E Winfield Sold 4 bd · 4 ba · 2,659 sqft · $517 · 0.1 mi | $1,375,000 | 4 | 4 | 2,659 | $517 | 0.1 mi |
C 111 N Trevor Street Sold 6 bd · 3 ba · 2,400 sqft · $511 · 0.4 mi | $1,227,000 | 6 | 3 | 2,400 | $511 | 0.4 mi |
D 2773 E Diana Sold 4 bd · 2 ba · 2,101 sqft · $466 · 0.5 mi | $980,000 | 4 | 2 | 2,101 | $466 | 0.5 mi |
E 2726 E Diana Avenue Sold 4 bd · 2 ba · 2,047 sqft · $489 · 0.6 mi | $1,000,000 | 4 | 2 | 2,047 | $489 | 0.6 mi |
F 2516 E Hilda Sold 4 bd · 3 ba · 2,265 sqft · $528 · 0.9 mi | $1,195,000 | 4 | 3 | 2,265 | $528 | 0.9 mi |
G 2439 E Paradise Road Active 3 bd · 3 ba · 2,140 sqft · $514 · 0.9 mi | $1,100,000 List Price | 3 | 3 | 2,140 | $514 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1963 but features significant interior updates that place it in the 5-15 year renovation range. The kitchen includes granite countertops and stainless steel appliances, and at least one bathroom has been modernized with contemporary tiling and fixtures. The property is well-maintained, move-in ready, and includes a recently rebuilt pool.
The property features an existing ADU providing immediate passive income, with a large 9,590 sqft lot that offers significant potential to add a second ADU for maximized cash flow.
Ideally situated near major employment and entertainment hubs including Disneyland, Angel Stadium, and CSU Fullerton, ensuring high rental demand and strong long-term appreciation.
Boasts a recently rebuilt pool ($20,000 investment) and a spacious 3,044 sqft layout, providing high-value amenities that enhance both tenant appeal and owner enjoyment.
Originally built in 1963, the property may require ongoing maintenance or modernization of older systems to ensure long-term structural and operational efficiency.
Operating multiple units on a single-family lot increases administrative responsibilities regarding utility splitting, parking coordination, and neighborhood relations.
Located on the quiet street with the great and friendly neighborhoods. Exceptional investment opportunity in the heart of East Anaheim which next to Lincoln Ave. This well-maintained property features an attractive unit mix of 5 beds 3 baths and an ADU that's providing passive income for years and the back yard still be potential enough for another ADU. The pool recently rebuilt costing 20K and, the property is ideally situated near Disneyland Resort, Angel Stadium, Honda Center, and California State University, Fullerton, while offering excellent commuter access to the 91, 57, and 5 Freeways. Positioned in a centrally located neighborhood with proximity to major employment centers, entertainment destinations, and transportation corridors, this income-producing asset presents an outstanding opportunity for investors seeking stable cash flow and long-term appreciation in one of Anaheim's most established rental markets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.8 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,044 | 1,666.917 |
| Lot Size | 9,590 | 7,059.433 |
| Price | $1.25M | $1.03M |
| Price per sq ft | $410 | $635 |
| Built year | 1963 | 1961 |
| HOA | $0 | $217 |
| Days on market | 6 | 47 |
Oct 19, 2026
$1,249,000
Initial Listing
Sep 27, 2002
$412,500
Public Record
Nov 15, 2000
$300,000
Public Record