433 N Colorado, Anaheim, California 92801, Anaheim, 92801 - 3 bed, 2 bath
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433 N Colorado
Anaheim, California 92801
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,557Sq Ft
7,286Lot Size
Property Price
LIST PRICE$925,000
EST. MARKET VALUE
$893,890
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $925,000—positioned above the $893,891 Fair Market Value by 3%. While the home requires cosmetic updates, it features Major System Upgrades including copper plumbing and a newer roof. The Fair Condition Rating reflects the need for interior modernization, yet the Versatile 4-Bedroom Layout and Generous 7,286 sqft Lot provide significant value-add potential. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic renovation.
Estimated Market Value
$893,890
Based on Realkey algorithm analyzing recent comparable sales in Anaheim.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 433 N Colorado Subject 3 bd · 2 ba · 1,557 sqft · $574 | $925,000* List Price | 3 | 2 | 1,557 | $574 | - |
A 324 N La Reina Street Sold 3 bd · 2 ba · 1,290 sqft · $702 · 0.2 mi | $905,000 | 3 | 2 | 1,290 | $702 | 0.2 mi |
B 2553 W West Glenoaks Avenue Sold 5 bd · 2 ba · 1,476 sqft · $606 · 0.7 mi | $895,000 | 5 | 2 | 1,476 | $606 | 0.7 mi |
C 313 N Bel Air Street Active 3 bd · 2 ba · 1,493 sqft · $589 · 0.4 mi | $880,000 List Price | 3 | 2 | 1,493 | $589 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1959, the property retains its original character with a kitchen and bathrooms that are severely dated (30-50+ years). While the listing notes essential system updates (HVAC, roof, copper plumbing), the interior condition—including heavily stained hardwood floors, dated wallpaper, and popcorn ceilings—indicates a need for a full cosmetic rehab.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7286, living area = 1557.
- Major System Upgrades
The property features significant high-ticket updates including copper plumbing, a new sewer line, a newer roof, and updated HVAC systems, providing immediate peace of mind and reducing future maintenance costs.
- Versatile Living Space
While officially listed as a three-bedroom home, the layout offers four functional bedrooms, providing excellent flexibility for a home office, guest quarters, or a larger family.
CONSRISKS & DEFICIENCIES
- Original Interior Condition
The home retains much of its original 1959 character, indicating that buyers will likely need to budget for cosmetic modernizations to the kitchen, bathrooms, and flooring.
- Permit and Record Discrepancy
The discrepancy between the official three-bedroom tax record and the four-bedroom physical configuration may present challenges during the appraisal process or require verification of permits.
About 433 N Colorado
Discover the charm, space, and peace of mind this inviting home has to offer. Though listed as a three-bedroom property, it truly features four bedrooms, providing extra flexibility for family, guests, or a home office. Its original character is complemented by valuable newer updates, including copper plumbing, a new sewer line, a newer roof, air conditioner, furnace, and water heater. Located in a welcoming, family-oriented neighborhood, this home is ready for its next chapter and a new owner to make it their own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 7,286 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,557 | 1,666.917 |
| Lot Size | 7,286 | 7,059.433 |
| Price | $925.0K | $1.03M |
| Price per sq ft | $594 | $635 |
| Built year | 1959 | 1961 |
| HOA | $0 | $217 |
| Days on market | 18 | 47 |
Pricing History
Listed for Sale
Oct 7, 2026
$925,000
Initial Listing