523 S Citron Street, Anaheim, California 92805, Anaheim, 92805 - 3 bed, 2 bath
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Anaheim, California 92805
This Historic Colony District Residence is listed at $1,175,000, representing a stable acquisition aligned with its $1,168,479 Fair Market Value. Maintaining a Fair Condition Rating, the 1926-built home preserves original architectural character while offering a modernized kitchen and a private outdoor patio. The property’s premier asset is a rare Short-Term Rental license—one of only 250 in the city—providing exceptional income potential near Disneyland. Located near Franklin Elementary within the Anaheim Union High School District, this is a strategic opportunity for Buy-and-Hold Investors or Owner-Occupants seeking a high-income historic lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 523 S Citron Street Subject | $1,175,000* List Price | 3 | 2 | 2,209 | $529 | - |
A 719 S Pine Street Sold | $880,000 | 3 | 1 | 1,386 | $635 | 0.3 mi |
B 331 N Pine Active | $949,900 List Price | 3 | 2 | 1,586 | $599 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1926, is well-maintained and features some updates like recessed lighting and hardwood flooring in certain areas. However, the kitchen and bathrooms, while functional and clean, exhibit dated styles. The kitchen has tiled countertops and older white appliances, and the bathroom features a tiled vanity and track lighting. These elements suggest renovations that are likely 15-30 years old, rather than recent modern updates. The home is aged but maintained, and major components are functional but show signs of being outdated, aligning with the 'Fair' condition criteria.
The property holds a highly coveted short-term rental license, a rarity in Anaheim (only ~250 homes), adding significant value and investment potential.
Built in 1926 within the historic Colony District, the home beautifully blends timeless architectural details with modern updates, including an updated kitchen.
Situated in the heart of Anaheim's vibrant downtown, offering easy access to shopping, dining, entertainment, Disneyland, and the Anaheim Packing District.
As a 1926 build, the property description does not explicitly mention a modern central air conditioning system, which could be a drawback during warmer months.
The listing price is approximately 9% higher than the property's estimated value, potentially indicating it is overpriced compared to current market assessments.
While some nearby schools are well-rated, several elementary and middle schools in the vicinity have lower ratings (1-3), which may be a consideration for families.
Charming residence located in the heart of Anaheim's historic Colony District. This beautifully maintained 3-bedroom, 2-bathroom home has 2,275 square feet of living space on a spacious 5,505 square-foot lot. Built in 1926, this home combines timeless architectural details with modern updates. Step inside to discover a light-filled living room, complemented by original features that exude character and warmth. The updated kitchen is perfect for culinary enthusiasts, offering ample space and modern conveniences. The bedrooms are generously sized, providing comfort and tranquility for everyone in the household. This home is currently licensed as a Short-Term Rental Business. With only about 250 houses in Anaheim holding this highly coveted license, it adds significant value—worth hundreds of thousands more than comparable homes of this size. The outdoor area features a well-maintained yard, ideal for entertaining or relaxing in privacy. Located near Anaheim's vibrant downtown, you'll enjoy easy access to shopping, dining, entertainment, and major attractions like Disneyland and the Anaheim Packing District. This home is not just a place to live but a lifestyle to cherish. Don’t miss the opportunity to own a piece of Anaheim's history while enjoying all the amenities of contemporary living, along with the exceptional investment potential of its rare short-term rental license.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,209 | 1,514.5 | 91% |
| Lot Size | 5,505 | 6,358.5 | 16% |
| Price | $1.18M | $918.5K | 90% |
| Price per sq ft | $532 | $626 | 31% |
| Built year | 1926 | 1954 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 397 | 158 | 0% |
Mar 21, 2025
$1,175,000
Initial Listing