
Anaheim, California 92804
This property presents a High-Potential Investment Opportunity with a List Price of $910,000—positioned well above the $883,694 Fair Market Value by -2%. While requiring cosmetic modernization, the home features a 4-bedroom, 2-bath floorplan with original hardwood flooring beneath existing carpet. Its Condition Rating of 4 reflects a need for updates, yet the central Anaheim location provides strong long-term stability. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a well-connected neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 516 S Fann Street Subject 4 bd · 2 ba · 1,377 sqft · $642 | $910,000* List Price | 4 | 2 | 1,377 | $642 | - |
A 1774 W Niobe Sold 4 bd · 2 ba · 1,271 sqft · $637 · 0.3 mi | $810,000 | 4 | 2 | 1,271 | $637 | 0.3 mi |
B 521 S Falcon Sold 4 bd · 2 ba · 1,377 sqft · $603 · 0.0 mi | $830,000 | 4 | 2 | 1,377 | $603 | 0.0 mi |
C 412 S Fann Sold 4 bd · 2 ba · 1,692 sqft · $538 · 0.1 mi | $910,000 | 4 | 2 | 1,692 | $538 | 0.1 mi |
D 1909 W Embassy Sold 3 bd · 2 ba · 1,380 sqft · $696 · 0.6 mi | $960,000 | 3 | 2 | 1,380 | $696 | 0.6 mi |
E 1879 W Nutwood Place Sold 3 bd · 2 ba · 1,368 sqft · $683 · 0.4 mi | $935,000 | 3 | 2 | 1,368 | $683 | 0.4 mi |
F 1865 W Tedmar Sold 3 bd · 2 ba · 1,306 sqft · $731 · 0.3 mi | $955,000 | 3 | 2 | 1,306 | $731 | 0.3 mi |
G 1825 Tedmar Avenue Sold 3 bd · 2 ba · 1,275 sqft · $737 · 0.2 mi | $940,000 | 3 | 2 | 1,275 | $737 | 0.2 mi |
H 2056 W Random Sold 3 bd · 2 ba · 1,555 sqft · $633 · 0.7 mi | $985,000 | 3 | 2 | 1,555 | $633 | 0.7 mi |
I 1943 W Victoria Active Under Contract 4 bd · 2 ba · 1,441 sqft · $659 · 0.6 mi | $950,000 List Price | 4 | 2 | 1,441 | $659 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, this property is over 50 years old and appears to be in mostly original condition. While the listing describes it as well-maintained with 'solid bones,' it is explicitly noted as needing modernization, fresh paint, and cosmetic updates, fitting the criteria for a dated home requiring minor repairs.
Situated in a desirable Anaheim neighborhood, the property offers convenient access to major freeways, schools, and medical facilities, making it ideal for commuters and families.
The presence of original hardwood flooring beneath the existing carpet provides a significant opportunity for buyers to restore classic charm and increase equity through simple renovation.
With four bedrooms and a well-maintained structural integrity, the home features a desirable floorplan that maximizes its 1,377 square feet for modern living.
The home requires fresh paint and light cosmetic improvements, which may deter buyers looking for a move-in-ready, turn-key residence.
Built in 1965, the property necessitates modernization to meet current aesthetic standards and potentially upgrade older systems or fixtures.
Well-maintained home with strong structural integrity and excellent potential for modernization. The property features a functional and desirable floorplan in a centrally located neighborhood close to shopping, schools, medical facilities, and major freeways. Seller reports original hardwood flooring beneath the existing carpet, offering an opportunity to restore classic charm. The home will benefit from fresh paint and light cosmetic updates, making it ideal for buyers seeking a property they can personalize. With solid bones and a straightforward layout, this residence is well-suited for owner-occupants, investors, or those looking for a value-add opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,377 | 1,666.917 |
| Lot Size | 6,052 | 7,059.433 |
| Price | $910.0K | $1.03M |
| Price per sq ft | $661 | $635 |
| Built year | 1965 | 1961 |
| HOA | $0 | $217 |
| Days on market | 38 | 47 |
Sep 17, 2026
$910,000
Initial Listing
Jul 25, 2003
$342,000
Public Record