
Anaheim, California 92804
This property presents a High-Potential Investment Opportunity with a List Price of $1,050,000—positioned well above the $882,845 Fair Market Value by 18%. While the current valuation reflects a premium, the 10,050 square foot corner lot offers significant ADU/JADU potential for density maximization. With a Condition Rating of 5, the home requires a full interior renovation. This asset is best suited for Buy-and-Hold Investors or Developers capable of executing a comprehensive value-add strategy to capitalize on the expansive land footprint.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3357 W Olinda Subject | $1,050,000* List Price | 3 | 2 | 1,399 | $631 | - |
A 833 S Kouri Sold | $949,900 | 3 | 2 | 1,722 | $552 | 0.5 mi |
B 3361 W Thornton Sold | $849,900 | 3 | 2 | 1,060 | $802 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958 (>30 years old) with no evidence of recent renovations. Interior photos show significant wear including heavily stained carpeting, dated parquet flooring, and popcorn ceilings. The listing description emphasizes land value and ADU potential over the home's condition, indicating a need for a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10050, living area = 1399.
The property features a rare 10,050 square foot corner parcel, providing significantly more land than standard area listings and unlocking unique site planning and accessibility possibilities.
With its generous dimensions and corner positioning, the lot is perfectly suited for California's ADU/JADU laws, offering substantial potential for rental income or multigenerational housing.
The property was recently sold within the past year on 2026-04-13. The sold price is $860,000.00.
Constructed in 1958, the home likely requires modernization of its systems and finishes to align with current market expectations for a million-dollar-plus residence.
The property lacks any scenic or panoramic views, which may limit its appeal to buyers prioritizing aesthetic surroundings or elevated vistas at this price point.
Welcome to one of the largest lots currently available in West Anaheim - an approximately 10,050 square foot corner parcel in one of the area's most established and desirable neighborhoods. Lots of this size and positioning are exceedingly rare in this market, and the scale of this property unlocks possibilities that most West Anaheim listings simply cannot offer. The existing residence features 3 bedrooms, 2 bathrooms, and approximately 1,400 square feet of comfortable single-story living, with an attached two-car garage. But the real story here is the land. With over 10,000 square feet on a corner parcel, the property offers significant ADU and JADU potential under California's expanded accessory dwelling unit laws - a meaningful opportunity for owner-users seeking multigenerational living, investors targeting rental income, or developers looking to maximize density on a rare oversized lot. Buyers are encouraged to verify ADU feasibility and unit count with the City of Anaheim. The expansive backyard provides generous room for outdoor living, gardening, entertaining, or future expansion, with the kind of width and depth that allows for genuine site planning rather than the cramped layouts typical of smaller parcels. Corner-lot positioning delivers excellent accessibility, strong street visibility, and added flexibility for how the property can be developed and improved over time. Properties combining this much land, this much ADU upside, and this kind of location do not come to market often. Come see what is possible at 3357 W Olinda Ln.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,399 | 1,421.5 | 47% |
| Lot Size | 10,050 | 7,306.5 | 96% |
| Price | $1.05M | $982.5K | 67% |
| Price per sq ft | $751 | $677 | 76% |
| Built year | 1958 | 1956 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 127 | 7% |
Jun 4, 2026
$1,050,000
Initial Listing
Apr 13, 2026
$860,000
Public Record
Nov 9, 2001
$245,000
Public Record