833 S Lemon Street, Anaheim, California 92805, Anaheim, 92805 - 0 bed, 0 bath
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Anaheim, California 92805
This Rare Dual-Unit Residential Asset is listed at $1,275,000, positioned near its $1,249,870 Fair Market Value. The property offers Two Detached Homes on One Lot, each featuring a Private Garage, Patio, and yard—a configuration that maximizes rental yield and utility. Currently holding a Fair Condition Rating, the 1923-built units are well-maintained but provide significant forced appreciation potential through interior modernization. Located in the Anaheim Union High District near Disneyland, this is a strategic acquisition for Buy-and-Hold Investors or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 833 S Lemon Street Subject | $1,275,000* List Price | 0 | 0 | 2,500 | $500 | - |
A 633 S Clementine Sold | $970,000 | 3 | 2 | 1,551 | $625 | 0.2 mi |
B 200 E Charlotte Sold | $900,000 | 4 | 3 | 1,855 | $485 | 0.4 mi |
C 837 S Clementine St. Sold | $950,000 | 4 | 2 | 1,538 | $618 | 0.1 mi |
D 523 S Citron Street Active | $1,175,000 List Price | 3 | 2 | 2,209 | $532 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this property is well-maintained for its age, as noted in the description. However, both units feature significantly outdated kitchens and bathrooms with older cabinets, tiled countertops, and dated flooring (e.g., black and white checkerboard in one kitchen). While there are some functional updates like mini-split AC units in the front house and some newer appliances, the overall aesthetic and core components of the wet areas show clear signs of being outdated, aligning with the 'Fair' category's description of an aged but maintained home requiring minor updates.
This rare offering features two fully detached single-family homes on one lot, each with its own garage and private yard, providing exceptional versatility for multi-generational living or significant rental income potential.
Strategically located approximately 10 minutes from major attractions like Disneyland, the Anaheim Convention Center, and extensive shopping areas, ensuring high tenant demand and potential for strong appreciation.
The property boasts strong rental income with reliable, on-time paying tenants, making it an attractive, stable investment for both owner-occupants seeking supplemental income and pure investors.
Built in 1923, the property is over 100 years old, which may imply potential for aging infrastructure (plumbing, electrical, foundation) and higher long-term maintenance or replacement costs, despite current good condition.
While 'well maintained' is noted, the description does not specify recent major system upgrades (e.g., HVAC, electrical, plumbing, roof), which could be a concern for a property of this age and may require future investment.
The listing lacks detailed information on the individual unit configurations, such as specific bedroom/bathroom counts or square footage for each detached home, which can make it challenging to fully assess individual rental value or suitability.
Rare opportunity in Anaheim! 833 W Lemon St offers two fully detached single-family homes on one lot, each with its own garage and private yard. Both units are bright, spacious, and very well maintained with reliable tenants who always pay on time. Excellent location—only about 10 minutes to Disneyland, Anaheim Convention Center, and major shopping areas. No HOA, Low management costs and strong rental income make this property ideal for both owner-occupants and investors. Great potential for multi-generational living or long-term rental use!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 3% |
| Baths | 0.0 | 2.0 | 3% |
| Square foot | 2,500 | 1,514.5 | 93% |
| Lot Size | 7,707 | 6,375 | 75% |
| Price | $1.27M | $918.5K | 96% |
| Price per sq ft | $510 | $626 | 24% |
| Built year | 1923 | 1954 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 157 | 37% |
Jan 1, 2026
$1,275,000
Initial Listing
Sep 29, 2022
$1,000,000
Public Record
Sep 1, 2004
$579,500
Public Record