407 N Philadelphia Street, Anaheim, California 92805, Anaheim, 92805 - 2 bed, 1 bath

407 N Philadelphia Street, Anaheim, California 92805 home-pic-0
ACTIVE$639,999
407 N Philadelphia Street, Anaheim, California 92805
2Beds
1Bath
879Sqft
1,920Lot
Year Built
1916
Close
-
List price
$640K
Original List price
$640K
Price/Sqft
$728
HOA
-
Days on market
-
Sold On
-
MLS number
IG25273936
Home ConditionPoor
Features
ViewNeighborhood

About this home

We found 4 Cons,5 Pros. Rank: price - $640.0K(1th), sqft - 879(5th), beds - 2(15th), baths - 1(15th).

Great Location this house is located near 5 & 91 Fay, only 10 minutes TO DISNEYLAND, perfect starter home , property needs some TLC, PRICE TO SELL!!! It Won’t last….

Nearby schools

2/10
Lincoln (Abraham) Elementary School
Public,K-60.8mi
4/10
Jefferson (Thomas) Elementary School
Public,K-60.9mi
7/10
Franklin (Benjamin) Elementary School
Public,K-60.9mi
4/10
Mann (Horace) Elementary School
Public,K-60.9mi
4/10
Ross (Betsy) Elementary School
Public,K-61.3mi
3/10
Orange Grove Elementary School
Public,K-61.3mi
5/10
Westmont Elementary School
Public,K-61.3mi
3/10
Guinn (James M.) Elementary School
Public,K-62.2mi
1/10
Sycamore Junior High School
Public,7-81.1mi
2/10
South Junior High School
Public,7-81.8mi
4/10
Anaheim High School
Public,9-120.8mi
5/10
Katella High School
Public,9-121.8mi

Price History

Date
Event
Price
12/10/25
Listing
$639,999
05/15/09
Sold
$160,000
08/09/04
Sold
$325,000
04/24/02
Sold
$170,000
02/16/00
Sold
$118,000
12/03/98
Sold
$80,000
Condition Rating
Poor

Built in 1916, this property is over a century old and shows significant signs of age and deferred maintenance. The MLS description explicitly states it 'needs some TLC,' and the AI analysis highlights 'Condition Requires Significant Investment' and 'Advanced Age of Property.' The kitchen features dated wood cabinets, older appliances (a very old white refrigerator and a basic stainless steel range), and a very outdated fluorescent light fixture. The bathroom is basic with older tile flooring and fixtures. Flooring throughout consists of older hardwood and ceramic tile. There's no central HVAC visible, only a wall-mounted unit, which is inadequate for modern comfort. The overall condition indicates that the property requires substantial repairs and rehabilitation, including major updates to the kitchen, bathroom, and potentially core systems like electrical, plumbing, and HVAC, to meet current living standards.
Pros & Cons

Pros

Prime Location: Exceptional proximity to major freeways (I-5 & CA-91) and a short 10-minute drive to Disneyland, offering significant convenience and appeal for residents and potential rental income.
Starter Home Potential: Explicitly marketed as a 'perfect starter home,' indicating an accessible entry point into the Anaheim real estate market for first-time buyers.
Investment Opportunity: The 'PRICE TO SELL!!!' and 'Won't last' statements, combined with the 'needs some TLC,' suggest a value-add opportunity for investors or buyers looking to build equity through renovation.
Access to Highly-Rated Schools: Proximity to several schools, including Franklin (Benjamin) Elementary (rating 7) and Katella High School (rating 5), is a strong draw for families.
Historical Character Potential: As a 1916 build, the property offers the potential for unique historical charm and architectural details, appealing to buyers who appreciate classic homes.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Condition Requires Significant Investment: The property 'needs some TLC,' implying substantial renovation and repair costs for outdated systems, aesthetics, and general wear and tear due to its age.
Advanced Age of Property: Built in 1916, the home is over a century old, likely necessitating major updates to plumbing, electrical, roofing, and potentially structural components, which can be costly and time-consuming.
Limited Living Space & Lot Size: With only 879 sqft of living space (2 beds, 1 bath) and a small 1920 sqft lot, the property offers minimal room for expansion or outdoor activities, which may not suit all buyer needs.

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