
Anaheim, California 92805
This duplex presents a Strong Value Opportunity with a List Price of $965,000—positioned well below the $1,024,531 Fair Market Value by 5%. This valuation gap offers $59,531 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the property includes a new roof and refreshed interiors, providing a stable, income-generating asset. With its versatile layout, private yards, and three garage spaces, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a house-hack strategy in the historic Anaheim Colony.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 520 E Adele Subject 0 bd · 0 ba · 1,865 sqft · $549 | $965,000* List Price | 0 | 0 | 1,865 | $549 | - |
A 716 N Harbor Sold 3 bd · 2 ba · 1,730 sqft · $577 · 0.7 mi | $998,000 | 3 | 2 | 1,730 | $577 | 0.7 mi |
B 117 E Sycamore Active 6 bd · 2 ba · 1,758 sqft · $619 · 0.3 mi | $1,088,000 List Price | 6 | 2 | 1,758 | $619 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property has received a cosmetic 'refresh' including a new roof, fresh paint, and updated fixtures. However, the kitchen and interiors remain dated with older cabinetry and tile work consistent with a 20+ year old renovation style. While functional and move-in ready, it lacks modern system overhauls and shows typical age-related wear like cracked exterior concrete.
Situated in the heart of the historic Anaheim Colony district near the Packing District and major freeways, this property is positioned in a high-demand rental market with strong potential for long-term appreciation.
The front unit features significant recent improvements, including a brand-new roof, fresh interior paint, and updated fixtures, providing an immediate move-in or rental-ready opportunity with reduced initial capital expenditure.
The property offers a versatile configuration with a value-add loft in the rear unit, private yard spaces for both tenants, and a total of three garage spaces plus off-street parking, which are highly desirable amenities for the area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6338, other record lot size in square feet = 6085. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1865, other record living area = 925.
The property is served by several schools with low performance ratings, including a 1/10 for the local junior high, which may limit the appeal for long-term family tenants prioritizing education.
Built in 1964, the property may require future capital improvements for aging core systems such as plumbing or electrical that were not explicitly mentioned as being updated alongside the cosmetic refreshments.
Investment Opportunity in Historic Anaheim Colony | High-Yield Duplex Positioned in the heart of the historic Anaheim Colony district, 520 E Adele Street presents a premier turnkey opportunity for seasoned investors and first-time buyers seeking strong passive income and long-term appreciation. Located in a tight-knit neighborhood known for its preserved architecture, this income-generating property is just minutes from the Anaheim Towne Center, Center Street Promenade, and the Anaheim Packing District, with swift access to the 5, 91, and 57 freeways. The front unit features a single-story layout with two bedrooms and one bathroom, highlighted by a spacious living room and a kitchen with abundant counter space and a dining area. This unit comes fully refreshed with a brand-new roof, new interior paint, updated fixtures, and a private one-car detached garage with an attached covered laundry patio. The rear unit offers a two-story floor plan with two bedrooms, one bathroom, and a versatile upstairs loft ideal for an office, den, or additional value-add. This second unit includes its own detached two-car garage with interior laundry hookups. Both units enjoy generous private yard spaces and ample off-street parking, offering an exceptionally attractive low-maintenance multi-family investment in a high-demand Orange County rental market. Take advantage of this rare turnkey multi-family offering. View the virtual tour and schedule your private showing today.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.9 |
| Baths | 0.0 | 5.1 |
| Square foot | 1,865 | 2,971.909 |
| Lot Size | 6,338 | 7,795 |
| Price | $965.0K | $1.43M |
| Price per sq ft | $517 | $484 |
| Built year | 1964 | 1963 |
| HOA | $0 | $411 |
| Days on market | 6 | 84 |
Oct 19, 2026
$965,000
Initial Listing