9502 Cerritos Avenue, Anaheim, California 92804, Anaheim, 92804 - 3 bed, 2 bath
ACTIVE$850,000
9502 Cerritos Avenue, Anaheim, California 92804
3Beds
2Baths
1,214Sqft
7,680Lot
Price Vs. Estimate
The estimated value ($621,612.525) is $228,387.475 (26%) lower than the list price ($850,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7680, living area = 1214.
Top Cons:
Significant Overpricing: The current list price of $850,000 is substantially higher than the estimated property value of $621,612.525, indicating a potential overvaluation of 26% in its current condition.
Compared to the nearby listings
Price:$850.0K vs avg $959.5K ($-109,500)18%
Size:1,214 sqft vs avg 1,519 sqft16%
Price/sqft:$700 vs avg $63566%
More Insights
Built in 1954 (71 years old).
Condition: Built in 1954, this property is 70 years old with no interior images or descriptions of recent renovations. The exterior appears dated, and the AI analysis explicitly notes a 'Likely Dated Condition' and probable 'Lack of Central Air Conditioning.' Without any evidence of updates, it's highly probable that the kitchen, bathrooms, and major systems (electrical, plumbing, HVAC) are significantly outdated and would require substantial repairs and rehabilitation to meet current standards, aligning with a 'Poor' condition rating.
Year Built
1954
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$700
HOA
-
Days on market
-
Sold On
-
MLS number
PW25062732
Home ConditionPoor
Features
Patio
View-
About this home
Condition Rating
Poor
Built in 1954, this property is 70 years old with no interior images or descriptions of recent renovations. The exterior appears dated, and the AI analysis explicitly notes a 'Likely Dated Condition' and probable 'Lack of Central Air Conditioning.' Without any evidence of updates, it's highly probable that the kitchen, bathrooms, and major systems (electrical, plumbing, HVAC) are significantly outdated and would require substantial repairs and rehabilitation to meet current standards, aligning with a 'Poor' condition rating.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7680, living area = 1214.
Prime Anaheim Location: Situated in a desirable Anaheim neighborhood, offering convenient access to major attractions like Disneyland, shopping, dining, and freeways, as evidenced by comparable sales.
Generous Lot Size: The property boasts a substantial 7,680 sqft lot, providing ample space for potential expansion, outdoor amenities, or the addition of an Accessory Dwelling Unit (ADU).
Desirable Bedroom/Bathroom Count: With 3 bedrooms and 2 bathrooms, the property offers a highly functional and sought-after layout for families or individuals in the current market.
Established Community: Built in 1954, the home is part of a mature and stable neighborhood, often associated with good schools and community infrastructure.
Significant Renovation Potential: Given the higher sold prices of recently updated comparable properties in the immediate vicinity, this home presents a strong opportunity for value appreciation through strategic renovations.
Cons
Significant Overpricing: The current list price of $850,000 is substantially higher than the estimated property value of $621,612.525, indicating a potential overvaluation of 26% in its current condition.
Likely Dated Condition: The absence of detailed descriptions regarding recent upgrades suggests the property may be in original or un-updated condition, contrasting sharply with highly renovated comparables that sold for higher prices.
Lack of Central Air Conditioning: Given the property's 1954 build year and the explicit mention of AC in a neighboring, similarly aged comparable, it is highly probable this property lacks central air conditioning, which is a significant comfort and value factor.