612 W Santa Ana, Anaheim, California 92805, Anaheim, 92805 - 1 bed, 1 bath
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Anaheim, California 92805
This property presents a High-Potential Investment Opportunity with a List Price of $830,000, positioned above the $734,502 Fair Market Value. While the current structure has a Condition Rating of 6, the asset is a shovel-ready development project in the historic Colony District. With fully approved permits for a 1,554 sqft main residence and a 1,198 sqft ADU, this site is optimized for high rental yields. It is an ideal acquisition for Buy-and-Hold Investors or Professional Developers seeking immediate ground-breaking potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 612 W Santa Ana Subject | $830,000* List Price | 1 | 1 | 796 | $923 | - |
A 420 N Olive Sold | $609,000 | 2 | 1 | 720 | $846 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1922 and over 100 years old with no recorded renovations, the property is explicitly marketed as a development opportunity with the existing structure approved for demolition.
Plans and permits are fully approved and ready for pickup, allowing a developer to bypass the lengthy entitlement process and break ground immediately.
The approved plans for a 4-bedroom main house and a 3-bedroom ADU provide a rare opportunity for significant rental income or multi-generational living in a high-demand area.
Situated in the coveted Historic Colony District, the property offers proximity to the Anaheim Packing District, Disneyland, and major transit hubs, ensuring long-term desirability.
The existing 1-bedroom structure must be demolished to execute the new plans, adding immediate site preparation costs and complexity for the buyer.
The list price covers the land and entitlements only; the buyer will need significant additional capital or construction financing to build the proposed 2,752 square feet of living space.
EXCEPTIONAL DEVELOPMENT OPPORTUNITY IN THE HEART OF Anaheims Historic Colony District Approved Plans. Permits ready. Built Tomorrow. Seize this rare, turnkey development opportunity in one of Anaheims most coveted and historically neighborhoods. Plans and permits are fully approved and ready for pickup, allowing you to break ground immediately and bring your vision to life without delay. this property is currently has an existing 1-Bedroom, 1 Bath, approved for demolition as part of the exciting new construction plans.The approved plans showcase a stunning main residence and a spacious ADU— ideal for multi-generational living, extended guest stays, or strong rental income potential. Main Residence Proposed 1,554 sqft. Of refined living space. 4 bedroom, 3 baths. 3 bedroom upstairs, private primary suite downstairs. Approved ADU: proposed 1.198 sqft of living space, 3 bedrooms, 2 bathrooms perfect for extended family, guests, or rental income. Private entrance and full independent living space. Just a minute from Anaheim Packing Distinct, Downtown Fullerton, Disney, Top schools, Dinnings, and major freeways
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 796 | 1,674 |
| Lot Size | 6,890 | 7,201 |
| Price | $830.0K | $1.01M |
| Price per sq ft | $1.0K | $627 |
| Built year | 1922 | 1960 |
| HOA | $0 | $188 |
| Days on market | 25 | 44 |
Jun 27, 2026
$830,000
Initial Listing
Dec 30, 2024
$650,000
Public Record