
Anaheim, California 92805
This Historic Mills Act Residence is a Prime Investment Opportunity, listed at $865,000—positioned well below the $892,004 Fair Market Value by 3%. This valuation gap provides $27,004 in Instant Equity. Boasting a Condition Rating of 3, the home features modern central A/C with a Nest thermostat and a detached garage with significant ADU Potential. The property offers substantial tax savings and a spacious backyard with mature fruit trees. This is an ideal acquisition for Owner-Occupants looking to build wealth or House-Hackers seeking income potential in a 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 | $668 | - |
A 805 N Clementine Sold | $1,034,500 | 3 | 2 | 1,504 | $688 | 0.7 mi |
B 604 N Zeyn Sold | $930,000 | 3 | 2 | 1,169 | $796 | 0.5 mi |
C 611 S Claudina Sold | $931,200 | 3 | 2 | 1,504 | $619 | 1.0 mi |
D 1316 E Romneya Drive Sold | $869,000 | 4 | 2 | 1,177 | $738 | 0.6 mi |
E 331 N Pine Pending | $949,900 List Price | 3 | 2 | 1,586 | $599 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1931, this historic Mills Act property is move-in ready and well-maintained. The exterior shows a manicured lawn and preserved architectural character. The property features significant modern infrastructure updates, including central A/C and heating with a Nest thermostat, which indicates that major systems are functional and updated. While the interior retains historic charm, the presence of modern climate control and the overall curb appeal suggest a home that has been cared for without the need for immediate major repairs.
As a designated Mills Act property, this home offers significant property tax savings, providing a substantial financial incentive for owners of this historic residence.
The property features a detached garage and a long driveway, offering excellent potential for an Accessory Dwelling Unit (ADU) conversion to increase value or rental income.
The home blends historic charm with modern convenience, featuring central A/C and heating controlled by a Nest thermostat, which is a premium upgrade for a 1931 build.
With 4 bedrooms distributed across only 1,336 square feet, the individual room sizes and common areas may feel restrictive for larger families.
The property is served by several schools with low performance ratings, such as Sycamore Junior High (1/10) and South Junior High (2/10), which may impact long-term resale value to families.
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 | 65% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,336 | 1,504 | 38% |
| Lot Size | 5,495 | 6,358.5 | 16% |
| Price | $865.0K | $910.0K | 35% |
| Price per sq ft | $647 | $630 | 54% |
| Built year | 1931 | 1954 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 157 | 1% |
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