866 S Marjan, Anaheim, California 92806, Anaheim, 92806 - 5 bed, 3 bath
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866 S Marjan
Anaheim, California 92806
ACTIVE UNDER CONTRACT
CONDITION: FAIR
5Beds
3Baths
2,300Sq Ft
7,475Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$959,324
11% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $959,324 Fair Market Value by 11%. This valuation gap offers $109,324 in Instant Equity for buyers. With a Fair Condition Rating, the home requires cosmetic updates to modernize its 1962 build. Its 5-bedroom, 3-bathroom layout and 2,300 sqft of living space provide significant utility for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through strategic renovations.
Estimated Market Value
$959,324+$109,324 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 866 S Marjan Subject 5 bd · 3 ba · 2,300 sqft · $417 | $850,000* List Price | 5 | 3 | 2,300 | $417 | - |
A 2517 E Gelid Avenue Sold 4 bd · 3 ba · 2,089 sqft · $474 · 0.6 mi | $990,000 | 4 | 3 | 2,089 | $474 | 0.6 mi |
B 1143 S Chantilly Sold 4 bd · 3 ba · 2,449 sqft · $372 · 0.6 mi | $910,000 | 4 | 3 | 2,449 | $372 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1962, this 62-year-old property is dated and shows signs of deferred maintenance, particularly in the exterior landscaping. While the addition of solar panels suggests some investment in systems, the lack of mentioned upgrades to the kitchen or bathrooms and the overall age place it in the 'Fair' category, requiring cosmetic updates and minor repairs to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Bedroom Count
With 5 bedrooms and 3 bathrooms, this home offers exceptional utility for large or multi-generational families, providing a rare amount of sleeping quarters at this price point.
- Spacious Living Area
Boasting 2,300 square feet of living space on a nearly 7,500 square foot lot, the property provides ample room for both indoor comfort and outdoor entertaining.
- Strategic Location
Situated in East Anaheim with immediate access to major freeways, schools, and parks, the home offers excellent convenience for commuters and active families.
CONSRISKS & DEFICIENCIES
- Lack of Views
The property lacks any significant views, which may be a drawback for buyers seeking scenic vistas or specific aesthetic surroundings.
- Potential for Modernization
Built in 1962 and lacking mention of recent major renovations, the home may require additional capital investment to modernize its aesthetic and core systems to meet current market standards.
About 866 S Marjan
This spacious 5-bedroom, 3-bathroom home offers plenty of room for comfortable living and entertaining. Perfect for a family with living spaces and generously sized bedrooms, making it a great option for families or those needing additional space. Conveniently located near shopping, dining, schools, parks, and major freeways, this home offers both comfort and accessibility. Don’t miss the opportunity to make this Anaheim property your new home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 7,475 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.8 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,300 | 1,666.917 |
| Lot Size | 7,475 | 7,059.433 |
| Price | $850.0K | $1.03M |
| Price per sq ft | $370 | $635 |
| Built year | 1962 | 1961 |
| HOA | $0 | $217 |
| Days on market | 31 | 47 |
Pricing History
Listed for Sale
Sep 24, 2026
$850,000
Initial Listing
Sold
Jan 21, 2020
$665,000
Public Record
Sold
Nov 17, 2005
$675,000
Public Record