833 S Lemon Street, Anaheim, California 92805, Anaheim, 92805 - bed, bath
ACTIVE$1,275,000$2,500/sqft
Est. Value: $1,250,774
-1%
FairlyEstimate
833 S Lemon Street, Anaheim, California 92805
0Bed
0Bath
2,500Sqft
7,707Lot
Price Vs. Estimate
The estimated value ($1,250,773.98) is $24,226.02 (1%) lower than the list price ($1,275,000). This property may be overpriced.
Key pros and cons
Top Pros:
Dual-Unit Property: 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.
Top Cons:
Age of Property: 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.
Compared to the nearby listings
Price:$1.27M vs avg $884.0K (+$391,000)93%
Size:2,500 sqft vs avg 1,454 sqft95%
Price/sqft:$510 vs avg $63520%
More Insights
Built in 1923 (103 years old).
Condition: 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 However, both units feature significantly outdated kitchens and bathrooms with older cabinets, tiled countertops, and dated flooring (e.g., black and white checkerboard in one kitchen).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house and some newer appliances, the overall aesthetic and core components of the wet areas show clear signs of being outdated, aligning with the 'Fair' category's description of an aged but maintained home requiring minor updates.
Year Built
1923
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$510
HOA
-
Days on market
-
Sold On
-
MLS number
WS25243064
Home ConditionFair
Features
Patio
View-
About this home
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!
C
CINDY LIU
Listing Agent
Price History
Date
Event
Price
09/29/22
Sold
$1,000,000
09/01/04
Sold
$579,500
Condition Rating
Fair
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.
Pros & Cons
Pros
Dual-Unit Property: 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.
Prime Anaheim Location: 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.
Strong Investment Potential: 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.
Cost Efficiency: Absence of HOA fees and low management costs contribute to higher net operating income and reduced ongoing expenses for the owner.
Well-Maintained Condition: Both units are described as bright, spacious, and very well maintained, suggesting a property that is move-in ready or requires minimal immediate capital expenditure.
Cons
Age of Property: 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.
Undisclosed System Updates: 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.
Limited Unit Specifics: 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.