This property presents a Strong Value Opportunity with a List Price of $575,000—positioned well below the $623,260 Fair Market Value by 7%. This valuation gap offers $48,260 in Instant Equity for buyers prepared to manage a short sale transaction. With a Condition Rating of 5, the home requires a full rehabilitation to address deferred maintenance. This Single Family Residence is an ideal Buy-and-Hold Investor asset or a project for Contractors seeking to capture value through strategic renovation.
Property is extensive renovation needed.
The property is nearly 100 years old (built 1927) and is being sold as a short sale in 'as-is' condition. Given the age and the lack of any mentioned renovations or system upgrades in the description, it likely suffers from significant deferred maintenance and requires a full rehabilitation to meet modern safety and functional standards.
Listed at $575,000, the property is priced significantly below its 2022 sale price of $730,000, offering substantial equity potential for the right buyer.
Built in 1927, this home offers the unique architectural charm and vintage appeal characteristic of early 20th-century Anaheim residences.
With a 3-bedroom configuration on a 5,284 sqft lot, the property serves as an ideal candidate for a renovation project or a long-term rental investment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5284, other record lot size in square feet = 5458.
The transaction is subject to lender approval, which typically results in extended closing timelines and increased procedural uncertainty for the buyer.
The property is sold in as-is condition with no guarantees on permits or square footage, likely requiring significant capital for repairs and upgrades.
SHORT SALE - Subject to lenders approval. Listing Broker, Sellers and Agent do not guarantee the accuracy of square footage, bed/bath count, lot size, permit info, parking, descriptions herein, or other info as to conditions-features of property provided by the seller or obtained from public records-other sources. Information is deemed reliable but not guaranteed. Buyer is advised to independently verify the accuracy of all info through personal inspection and with appropriate professionals. Buyers to verify ALL aspects of property. Property to be sold "as is condition."
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,095 | 1,674 |
| Lot Size | 5,284 | 7,201 |
| Price | $575.0K | $1.01M |
| Price per sq ft | $525 | $627 |
| Built year | 1927 | 1960 |
| HOA | $0 | $188 |
| Days on market | 2 | 44 |
Jul 20, 2026
$575,000
Initial Listing
Nov 2, 2022
$730,000
Public Record
Dec 2, 2020
$425,000
Public Record
Aug 11, 2005
$535,000
Public Record