231 S Laxore Street, Anaheim, California 92804, Anaheim, - bed, bath

home-pic
ACTIVE$2,150,000
231 S Laxore Street, Anaheim, California 92804
0Bed
0Bath
4,040Sqft
13,068Lot
Year Built
1963
Close
-
List price
$2.15M
Original List price
$2.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
MB25161277
Home ConditionFair
Features
Patio
View-

About this home

Elevate your investment portfolio or enhance your family's living experience with this meticulously maintained Anaheim fourplex. This prime property seamlessly combines convenience and robust growth potential, offering two 2-bed, 2-bath units and two 2-bed, 1.5-bath units designed to cater to diverse needs. Beyond the well-crafted units, a charming garden provides the ideal setting for quality family time. In addition to these features, the front unit boasts a cozy fireplace, while all units offer patios or balconies. Furthermore, the property includes five enclosed garages, ensuring ample parking for all residents. The enclosed patios grant residents extra outdoor living space to relish. Whether you're an investor seeking reliable returns or a family in search of an exceptional living space, this property offers the best of both worlds. Additionally, it benefits from excellent connectivity to major transportation hubs, ensuring promising returns for investors. Its close proximity to Knott's Berry Farm, major freeways, and the burgeoning landscape of new residential and commercial developments positions it perfectly for both growth and recreational opportunities.

Price History

Date
Event
Price
08/04/25
$2,150,000
07/17/25
$2,100,000
Condition Rating
Fair

The property was built in 1963, making it over 60 years old. While the description mentions it is 'meticulously maintained' and features 'well-crafted units,' there are no interior images provided to assess the condition, style, and features of the kitchens, bathrooms, appliances, flooring, or other critical internal components. The exterior image shows a dated but seemingly functional structure, with some neglected landscaping. Without visual evidence of recent extensive renovations (within the last 15-30 years), and given its age, it is highly probable that the interior elements are functional but outdated, requiring minor updates to meet current aesthetic and quality standards. This aligns with the 'Fair' criteria, indicating an aged but maintained property where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Strong Investment & Growth Potential: The property is explicitly positioned for robust growth potential and promising returns, benefiting from its location within a burgeoning landscape of new residential and commercial developments.
Prime Location & Accessibility: Boasts excellent connectivity to major transportation hubs, freeways, and is in close proximity to popular attractions like Knott's Berry Farm, enhancing its appeal to tenants and investors.
Diverse Unit Configuration & Resident Amenities: Offers a desirable mix of two 2-bed/2-bath and two 2-bed/1.5-bath units, each featuring private patios or balconies, complemented by a charming communal garden and a fireplace in the front unit.
Ample Enclosed Parking: Includes five enclosed garages, providing secure and convenient parking for all residents, which is a significant advantage for a multi-unit property in this area.
Generous Lot Size: Situated on a substantial 13,068 sqft lot, offering ample outdoor space and potential for future enhancements or development opportunities.

Cons

Age of Property (1963): Despite being 'meticulously maintained,' the 1963 build year suggests potential for aging infrastructure (e.g., plumbing, electrical, HVAC systems) that may require significant capital expenditure in the future.
High Entry Price Point: The list price of $2.15 million represents a substantial investment, which may limit the pool of potential buyers and impact initial cash flow or cap rate calculations.
Lack of Desirable Views: The property explicitly states 'view: None,' which could be a drawback for some tenants or buyers seeking properties with scenic outlooks or premium views.

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