611 W Broadway, Anaheim, California 92805, Anaheim, - bed, bath

home-pic
ACTIVE$1,270,000
611 W Broadway, Anaheim, California 92805
0Bed
0Bath
2,654Sqft
8,712Lot
Year Built
1898
Close
-
List price
$1.27M
Original List price
$1.29M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25064414
Home ConditionGood
Features
Good View: Neighborhood
ViewNeighborhood

About this home

*UPDATED INTERIOR PHOTOS! Live in one and rent the other! Welcome to this transformed duplex in the heart of the Anaheim Colony Historic District both VACATING at the end of April! Two separate detached units completely remodeled with separate ample parking for both the front and back unit along with separate water heaters, electric and gas meters. The front house consisting of 3 bedrooms 2 bathrooms has newer luxury vinyl plank flooring throughout, modern fixtures and recently painted the interior and exterior. The kitchen is equipped with all modern appliances with quartz counters and European Cabinetry. The guest bathroom sits between 2 bedrooms with newer vanity, light fixture and shower/tub combo. Bedrooms are spacious with the primary bedroom having it's own walk-in closet with sliding French Doors. The primary bathroom was recently redone to now include all new vanity, tiled walk-in shower and washer/dryer. The front home is also equipped with double pane-windows throughout and central HVAC. The rear house is approx. 700 sq. ft. and features 1 bedroom 1 full bathroom that was built in 1980. Laminate flooring throughout with granite counters in the kitchen and bathroom. The back house also has double pane windows with a private grass area. Both homes were recently updated with newer copper plumbing and newer electrical. This property is centrally located and 5 minutes to Disneyland, Downtown Anaheim, Anaheim Packing District, Honda Center, Anaheim Angels Stadium, Cal State Fullerton, Fullerton College, Knott's Berry Farm, and many popular shopping malls. Easy access to 5, 91, 57, 22 and 55 freeways. CALLING ALL VA BUYERS!!! Assumable VA loan at 2.85% currently!!!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (5 Listings)
Beds00
Baths00
Square foot2,6542,074
67%
Lot Size8,7125,961
83%
Price$1.27M$903K
67%
Price per square foot$479$457
50%
Built year18989690978
17%
HOA
Days on market225206
50%
Condition Rating
Good

The property, built in 1898, has been significantly updated, especially the front house. The description and images show modern kitchens with quartz counters and European cabinetry, updated bathrooms with newer vanities and tiled showers, and newer flooring throughout. The rear house, built in 1980, also has updated features like laminate flooring and granite counters. While the original structure is old, the extensive remodeling brings the condition to 'good,' indicating it's move-in ready with no immediate major renovations needed. The newer plumbing and electrical systems also contribute to this assessment.
Pros & Cons

Pros

Income Potential: Duplex configuration allows for living in one unit and renting the other, providing immediate income potential.
Prime Location: Centrally located with easy access to Disneyland, Downtown Anaheim, and major freeways (5, 91, 57, 22, 55), enhancing its appeal to renters and buyers.
Updated Interiors: Both units have been recently remodeled with modern fixtures, newer flooring, quartz/granite counters, and updated bathrooms, reducing immediate renovation costs.
Separate Utilities: Each unit has separate water heaters, electric, and gas meters, simplifying tenant management and utility billing.
Assumable VA Loan: The assumable VA loan at a low interest rate of 2.85% is a significant financial advantage for eligible VA buyers.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8712, other record lot size in square feet = 8812. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2654, other record living area = 1579. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Age of Main Structure: The front house was built in 1898, which may present challenges related to maintenance, historical restrictions, or outdated building codes.
Lot Size: The lot size of 8712 sqft, while decent, might limit expansion possibilities or outdoor amenities compared to larger properties.
Potential for High Turnover: Both units are vacating at the end of April, requiring immediate effort to find new tenants and potentially leading to a period of vacancy and lost income.

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