933 S Downey, Anaheim, California 92804, Anaheim, 92804 - 2 bed, 1 bath
ACTIVE$270,000$924/sqft
933 S Downey, Anaheim, California 92804
2Beds
1Bath
924Sqft
269,674Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Anaheim Location: The property boasts a highly desirable location in Anaheim, offering convenient access to shopping, dining, major freeways, Disneyland, and the Anaheim Resort area, enhancing its appeal for residents and potential renters.
Top Cons:
Land Lease Structure: The property is situated on a land lease, which means the buyer owns the improvements but not the land, potentially leading to lease payments in addition to HOA fees and future lease renegotiation risks.
Compared to the nearby listings
Price:$270.0K vs avg $541.5K ($-271,500)11%
Size:924 sqft vs avg 1,015.5 sqft28%
Price/sqft:$292 vs avg $51511%
More Insights
Built in 1980 (46 years old).
Condition: Built in 1980, this property is well-maintained and move-in ready. The kitchen features updated stainless steel appliances, modern countertops, and painted cabinets. The bathroom has been recently renovated with contemporary fixtures, a new vanity, and modern tiling. Updated laminate flooring throughout the living areas and bedrooms further enhances the interior. While some elements like the kitchen backsplash and floor tiles are not cutting-edge, the overall condition reflects significant updates within the last 5-15 years, making it functional and appealing without immediate renovation needs.
Year Built
1980
Close
-
List price
$270K
Original List price
$270K
Price/Sqft
$292
HOA
$370
Days on market
-
Sold On
-
MLS number
PW26010112
Home ConditionGood
Features
Spa
Patio
View-
About this home
Welcome to 933 S Downey Pl #20, an upper-end unit 2 bedroom, 1 bath, 2 car garage. This inviting well-maintained residence features a living room with high ceilings, creating an open and airy feel that enhances the natural light and overall sense of space. The functional floor plan offers comfortable living with well-proportioned bedrooms and a layout ideal for everyday living. The kitchen and living areas flow seamlessly, making the home feel connected and practical. The community is association-managed and situated on a LAND LEASE, providing an affordable opportunity to own in a highly desirable Anaheim location. Conveniently located near shopping, dining, major freeways, and popular destinations including Disneyland and the Anaheim Resort area. A great opportunity to enjoy Anaheim living with accessibility to everything Orange County has to offer. CASH OFFERS ONLY.
J
Jose De Casas
Listing Agent
Condition Rating
Good
Built in 1980, this property is well-maintained and move-in ready. The kitchen features updated stainless steel appliances, modern countertops, and painted cabinets. The bathroom has been recently renovated with contemporary fixtures, a new vanity, and modern tiling. Updated laminate flooring throughout the living areas and bedrooms further enhances the interior. While some elements like the kitchen backsplash and floor tiles are not cutting-edge, the overall condition reflects significant updates within the last 5-15 years, making it functional and appealing without immediate renovation needs.
Pros & Cons
Pros
Prime Anaheim Location: The property boasts a highly desirable location in Anaheim, offering convenient access to shopping, dining, major freeways, Disneyland, and the Anaheim Resort area, enhancing its appeal for residents and potential renters.
High Ceilings & Open Feel: The living room features high ceilings, creating an open, airy atmosphere that maximizes natural light and contributes to a spacious feel within the unit.
Functional & Seamless Layout: The residence offers a functional floor plan with well-proportioned bedrooms and a seamless flow between the kitchen and living areas, designed for comfortable everyday living.
Dedicated Two-Car Garage: A significant advantage for a condominium, the unit includes a dedicated two-car garage, providing ample parking and storage space.
Well-Maintained Condition: Described as an 'inviting well-maintained residence,' suggesting the property is in good condition and may require less immediate upkeep for a new owner.
Cons
Land Lease Structure: The property is situated on a land lease, which means the buyer owns the improvements but not the land, potentially leading to lease payments in addition to HOA fees and future lease renegotiation risks.
Cash Offers Only Requirement: The strict requirement for cash offers significantly narrows the potential buyer pool, excluding those who rely on traditional mortgage financing.
Limited Financing Availability: Due to the land lease and cash-only stipulation, securing conventional mortgage financing for this property will be extremely challenging, if not impossible, limiting accessibility for most buyers.