521 N Vine, Anaheim, California 92805, Anaheim, 92805 - 4 bed, 2 bath
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Anaheim, California 92805
This Prime Investment Opportunity is a historic 1931 residence listed at $865,000, positioned well below the $889,582 Fair Market Value by 2%. This valuation gap provides $24,582 in Instant Equity. Featuring a Mint Condition Rating with modern renovations, the property includes a spacious backyard with patio and significant ADU potential via the detached garage. While school ratings in the district are modest, the Mills Act tax benefits and central location make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Historic Anaheim home with Mills Act tax savings and ADU potential. Listed at $865,000, this move-in ready 4-bed property offers instant equity and prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 521 N Vine Subject | $865,000* List Price | 4 | 2 | 1,336 | $666 | - |
A 611 S Claudina Sold | $931,200 | 3 | 2 | 1,504 | $619 | 1.0 mi |
B 211 S Date E Sold | $890,000 | 3 | 1 | 1,202 | $740 | 0.8 mi |
C 805 N Clementine Sold | $1,034,500 | 3 | 2 | 1,504 | $688 | 0.7 mi |
D 724 N Vine Active | $999,999 List Price | 5 | 3 | 1,656 | $604 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1931 build date, the property has undergone a comprehensive modern renovation within the last 5 years. The kitchen and bathrooms feature contemporary shaker cabinetry, stone countertops, and stainless steel appliances. Additionally, the systems are updated with central A/C and heating controlled by a Nest thermostat, and the interior finishes like the large-format tiling and recessed lighting indicate mint, move-in ready condition.
As a designated Mills Act property, this home offers significant property tax savings, providing a substantial financial incentive for owners of this historic 1931 residence.
The property features a long driveway leading to a detached garage, presenting an excellent opportunity for an Accessory Dwelling Unit (ADU) conversion to increase value or rental income.
Combining 1930s charm like vaulted ceilings with a central location near Disneyland and the Honda Center, the home appeals to both history enthusiasts and those seeking urban convenience.
With four bedrooms configured within 1,336 square feet of living space, individual room sizes may feel small or cramped compared to modern residential standards.
The property is served by several schools with low performance ratings, which may be a significant concern for families prioritizing high-ranking public education.
Charming Historic Home in Prime Anaheim Location Beautiful 4-bedroom, 2-bath home with 1,336 sq ft of living space on a 5,492 sq ft lot, just minutes from Disneyland and the Honda Center. This Mills Act property offers significant tax savings while showcasing timeless character and charm. Features include vaulted ceilings in the dining area, abundant natural light, central A/C & heating with a Nest thermostat, and a spacious backyard with mature fruit trees, including avocado. The long driveway leads to a detached garage with excellent ADU potential. Perfect for homeowners or investors seeking a blend of history, convenience, and opportunity in one of Anaheim’s most desirable areas.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.0 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,336 | 1,450 | 45% |
| Lot Size | 5,495 | 6,179 | 26% |
| Price | $865.0K | $904.0K | 36% |
| Price per sq ft | $647 | $657 | 48% |
| Built year | 1931 | 1953 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 134 | 9% |
Apr 15, 2026
$865,000
Initial Listing
Aug 16, 2018
$559,000
Public Record
Sep 17, 2008
$315,000
Public Record
Aug 16, 2007
$645,000
Public Record
Oct 20, 2004
$355,000
Public Record