10537 Sherrill Street, Anaheim, California 92804, Anaheim, - bed, bath
ACTIVE$2,049,000
10537 Sherrill Street, Anaheim, California 92804
0Bed
0Bath
5,382Sqft
12,632Lot
Year Built
1965
Close
-
List price
$2.05M
Original List price
$2.05M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25216297
Home ConditionExcellent
Features
View-
About this home
Nice Remodeled fourplex with a ADU. It has ADU permitted in 2024. Properties Sold As-IS.
Price History
Date
Event
Price
09/12/25
Listing
$2,049,000
Condition Rating
Excellent
Despite being built in 1965, the property has undergone extensive recent renovations, including an ADU permitted in 2024, indicating a very recent and significant update. The images confirm a modern aesthetic throughout, with kitchens featuring new white flat-panel cabinetry, stainless steel appliances, and subway tile backsplashes. Bathrooms are fully updated with modern vanities, vessel sinks, and contemporary tiling. Flooring, lighting, and overall finishes appear virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
High Income Potential: As a quadruplex with a recently permitted ADU (2024), the property offers substantial and diversified rental income streams, making it highly attractive to investors.
Recent ADU Addition: The addition of a permitted ADU in 2024 significantly enhances the property's value, rental capacity, and overall market appeal, aligning with modern housing demands.
Remodeled Condition: Described as 'Nice Remodeled,' the property likely features updated interiors, which can attract higher-quality tenants and command competitive rental rates.
Large Lot Size: The generous 12,632 sqft lot provides ample space, potentially offering outdoor amenities for tenants or future expansion opportunities, subject to local zoning.
Multi-Unit Investment: As a residential income property (quadruplex), it offers a robust investment opportunity with diversified cash flow and potentially lower vacancy risk compared to single-unit properties.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12632, other record lot size in square feet = 12867. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5382, other record living area = 3130.
As-Is Sale Condition: The property is being sold 'As-IS,' which implies the seller will not make repairs, potentially requiring the buyer to incur immediate and significant costs for unforeseen issues or deferred maintenance.
Property Age: Built in 1965, the property is nearly 60 years old. While remodeled, older infrastructure (e.g., plumbing, electrical, foundation) may still be present and could lead to unexpected maintenance or upgrade expenses.
Significant Capital Outlay: The list price of $2,049,000 represents a substantial investment, which may limit the pool of potential buyers and requires a strong financial position or specific investment strategy to justify.