555 S Helena Street, Anaheim, California 92805, Anaheim, 92805 - 2 bed, 1 bath
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555 S Helena Street
Anaheim, California 92805
ACTIVE UNDER CONTRACT
CONDITION: POOR
2Beds
1Baths
1,076Sq Ft
5,489Lot Size
Property Price
LIST PRICE$715,000
EST. MARKET VALUE
$706,978
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $715,000. While currently priced slightly above the $706,979 Fair Market Value, the asset offers significant upside through its 5,600 sq ft lot and ADU development potential. Featuring a Condition Rating of 5, the home requires a full interior renovation, allowing for forced appreciation. Located just 0.11 miles from the highly-rated Franklin Elementary School, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity in central Anaheim.
Estimated Market Value
$706,978
Based on Realkey algorithm analyzing recent comparable sales in Anaheim.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 S Helena Street Subject 2 bd · 1 ba · 1,076 sqft · $657 | $715,000* List Price | 2 | 1 | 1,076 | $657 | - |
A 309 E Water Street Sold 3 bd · 2 ba · 950 sqft · $826 · 0.5 mi | $785,000 | 3 | 2 | 950 | $826 | 0.5 mi |
B 134 W Ball Sold 3 bd · 2 ba · 1,000 sqft · $670 · 0.8 mi | $670,000 | 3 | 2 | 1,000 | $670 | 0.8 mi |
C 615 S Helena Circle Sold 1 bd · 1 ba · 816 sqft · $826 · 0.1 mi | $674,000 | 1 | 1 | 816 | $826 | 0.1 mi |
D 314 S Ohio Sold 3 bd · 1 ba · 1,469 sqft · $544 · 0.4 mi | $799,000 | 3 | 1 | 1,469 | $544 | 0.4 mi |
E 420 N Olive Sold 2 bd · 1 ba · 720 sqft · $846 · 0.9 mi | $609,000 | 2 | 1 | 720 | $846 | 0.9 mi |
F 726 S Emily Street Active 2 bd · 1 ba · 1,131 sqft · $729 · 0.5 mi | $825,000 List Price | 2 | 1 | 1,131 | $729 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property is over 80 years old (built 1941) and features an original kitchen and dated interior. While the structure appears intact, the lack of modern updates to the kitchen, baths, and likely systems necessitates a full rehab to meet current safety and functional standards.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Development Potential
The property features a generous 5,600 sq ft lot with a detached garage and a large, open backyard, making it an ideal candidate for an Accessory Dwelling Unit (ADU) to increase value or rental income.
- Prime Central Location
Situated in the heart of Anaheim, the home offers exceptional proximity to the Packing District, Downtown Anaheim, and major freeways, providing high walkability and convenience.
- Proximity to High-Rated School
Located just 0.11 miles from Franklin Elementary School, which holds a strong 7/10 rating, offering a significant advantage for families with young children.
CONSRISKS & DEFICIENCIES
- Original Condition
The home retains its original 1941 kitchen and finishes, requiring a substantial additional investment for modern updates and renovations.
- Limited Accommodations
With only two bedrooms and a single bathroom, the property's small footprint may struggle to meet the needs of growing families or buyers seeking a master suite.
About 555 S Helena Street
Opportunity in central Anaheim. This 1941 single-story home offers 2 bedrooms, 1 bathroom, and approx. 1,076 sq ft on an approx. 5,600 sq ft lot with a detached garage and a large, open backyard. Wood floors, a bright front living room, and a dining area that opens to a covered patio. Original kitchen with wall oven, cooktop, and dishwasher, ready for updating. The lot size and rear yard make this a strong candidate for buyers exploring ADU options (buyer to verify with the City of Anaheim). Minutes from Downtown Anaheim, the Packing District, and major freeways.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 5,489 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Anaheim Unified Schools
Franklin (Benjamin) Elementary School
Grades K-6 • 0.1 mi
7/10
Orange Grove Elementary School
Grades K-6 • 0.5 mi
3/10
Jefferson (Thomas) Elementary School
Grades K-6 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.8 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,076 | 1,666.917 |
| Lot Size | 5,489 | 7,059.433 |
| Price | $715.0K | $1.03M |
| Price per sq ft | $664 | $635 |
| Built year | 1941 | 1961 |
| HOA | $0 | $217 |
| Days on market | 24 | 47 |
Pricing History
Listed for Sale
Oct 1, 2026
$715,000
Initial Listing
Sold
Mar 27, 2006
$2,052,000
Public Record
Sold
Nov 5, 2002
$255,000
Public Record