608 W Bellevue, Anaheim, California 92805, Anaheim, 92805 - 0 bed, 0 bath
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Anaheim, California 92805
This four-plex represents a Strong Value Opportunity, listed at a List Price of $1,475,000—positioned well below the $1,631,529 Fair Market Value by 9%. This valuation gap provides $156,529 in Instant Equity. With a Fair Condition Rating, the property features separate utility metering and a superior parking ratio of 2.25 spots per unit. This asset is ideal for Buy-and-Hold Investors seeking rental stability or Owner-Occupants looking to leverage house-hacking strategies near Disneyland.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 608 W Bellevue Subject | $1,475,000* List Price | 0 | 0 | 4,009 | $407 | - |
A 203 W Guinida Sold | $1,552,000 | 0 | 0 | 3,733 | $416 | 0.7 mi |
B 175 W Guinida Active | $1,450,000 List Price | 0 | 0 | 3,167 | $458 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1958 (66 years old). While the roof appears to be a newer dimensional shingle (indicating some maintenance), the exterior shows visible stucco cracking and dated fixtures. With no mention of recent renovations to kitchens, bathrooms, or electrical systems in the description, the property is classified as dated and in need of minor repairs and modernization.
Each unit features separate gas and electric meters along with individual washer/dryer hookups, significantly reducing owner utility expenses and increasing tenant convenience.
With 4 attached garages and 5 additional parking spaces, the property offers a rare 2.25 parking spots per unit, providing a major competitive advantage in the high-density Anaheim rental market.
Situated minutes from Disneyland and major transportation hubs, the property is positioned in a high-demand area, ensuring consistent occupancy and long-term appreciation potential.
Built in 1958, the property may require more frequent maintenance or capital expenditures for aging systems compared to more modern multi-family assets.
At a list price of $1,475,000, investors will need to carefully evaluate current rent rolls to ensure the cap rate and debt coverage ratio align with current market financing requirements.
Uncover an extraordinary investment opportunity with potential to build generational wealth! This impressive four-plex is designed to maximize convenience, featuring a total of 8 bedrooms and 4 bathrooms, spread across an expansive 4,009 square feet of living space. Nestled on a generous 8,196 square foot lot, the property includes 4 single-car attached garages along with an additional 5 convenient parking spaces. Each of the four units offers its own unique charm, comprising of 2 bedrooms and one bathroom, complete with washer and dryer hook-ups in each unit for effortless laundry days. With separate gas and electric meters for each unit, residents can enjoy enhanced privacy and independent living. The exterior offers desert landscape as well as a grassy area. This property also presents a remarkable opportunity for the homeowner to occupy one of the units while generating rental income from the others, making it a smart financial choice. Ideally situated just minutes from the magical realm of Disneyland, residents will relish the convenience of nearby shopping, dining, transportation options, and quick access to major freeways. Don't miss out on this remarkable chance to secure a prime piece of real estate!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,009 | 3,733 | 60% |
| Lot Size | 8,196 | 8,712 | 40% |
| Price | $1.48M | $1.48M | 50% |
| Price per sq ft | $368 | $416 | 20% |
| Built year | 1958 | 1954 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 100 | 20% |
May 20, 2026
$1,475,000
Initial Listing
Apr 23, 2015
$865,000
Public Record
Mar 5, 2015
$738,000
Public Record