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612 W Santa Ana, Anaheim, California 92805, Anaheim, 92805 - 1 bed, 1 bath

612 W Santa Ana, Anaheim, California 92805 home-pic-0
ACTIVE$849,000
612 W Santa Ana, Anaheim, California 92805
1Bed
1Bath
796Sqft
6,890Lot
Year Built
1922
Close
-
List price
$849K
Original List price
$849K
Price/Sqft
$1,067
HOA
-
Days on market
-
Sold On
-
MLS number
OC25088311
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $849.0K(35th), sqft - 796(2th), beds - 1(1th), baths - 1(15th).

*Prime Investment Opportunity: Located in the Colony Historical district. Approved Plans for Main Home & ADU Conversion** Unlock the potential of this unique property on a spacious lot, ready for immediate construction! This offering includes an existing 1-bedroom, 1-bath home, with city-approved plans and permits for a stunning transformation: - **New Main Home**: 1,554 sf, 4 bedrooms, 3 bathrooms. Features 3 bedrooms upstairs and a luxurious primary suite downstairs. - **ADU Conversion**: Transform the existing home into a 1,198 sf, 3-bedroom, 2-bath accessory dwelling unit. Perfect for income-producing rentals or multi-generational living. Permits are ready for pickup—buy today, start building tomorrow! Don’t miss this turnkey development opportunity in a prime location. Contact us now to schedule a viewing or for more details

Nearby schools

7/10
Franklin (Benjamin) Elementary School
Public,•K-6•0.2mi
4/10
Ross (Betsy) Elementary School
Public,•K-6•0.5mi
3/10
Orange Grove Elementary School
Public,•K-6•0.6mi
4/10
Jefferson (Thomas) Elementary School
Public,•K-6•0.8mi
5/10
Westmont Elementary School
Public,•K-6•1.1mi
4/10
Mann (Horace) Elementary School
Public,•K-6•1.3mi
2/10
Lincoln (Abraham) Elementary School
Public,•K-6•1.4mi
3/10
Guinn (James M.) Elementary School
Public,•K-6•2.3mi
1/10
Sycamore Junior High School
Public,•7-8•1.9mi
2/10
South Junior High School
Public,•7-8•2.1mi
4/10
Anaheim High School
Public,•9-12•0.4mi
5/10
Katella High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
04/23/25
Listing
$849,000
Condition Rating
Poor
The property was built in 1922, making it over 100 years old. The listing explicitly states that the offering includes an 'existing 1-bedroom, 1-bath home' and then details 'approved plans and permits for a stunning transformation' including an 'ADU Conversion' to 'transform the existing home' into a larger unit. This indicates the current structure requires substantial repairs and rehabilitation, rather than minor updates. The complete absence of interior photos of the existing home further suggests its condition is not a selling point and likely requires significant overhaul. The property's value is clearly based on its development potential, not its current livability, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Approved Development Plans: The property comes with city-approved plans and permits for a new 1,554 sqft, 4-bedroom, 3-bathroom main home and a 1,198 sqft, 3-bedroom, 2-bathroom ADU conversion, offering immediate development potential.
Income & Multi-Generational Potential: The planned ADU conversion provides excellent opportunities for rental income generation or accommodating multi-generational living arrangements, enhancing the property's long-term value.
Prime Location: Situated in the desirable Colony Historical district of Anaheim, offering a prime location with potential for appreciation and access to local amenities.
Turnkey Development Opportunity: Permits are ready for pickup, allowing the buyer to commence construction immediately, saving significant time and effort typically associated with the planning and approval process.
Spacious Lot: The generous 6,890 sqft lot provides ample space for the proposed new main home and ADU, along with potential outdoor living areas.

Cons

Significant Price Discrepancy: The listing price of $849,000 is substantially higher than the estimated property value of $665,616, suggesting a potential overpricing or that the current valuation does not fully account for the approved development plans.
Substantial Additional Investment Required: While plans are approved, the buyer will need to fund the entire construction cost for both the new main home and the ADU conversion, representing a significant financial outlay beyond the purchase price.
Age and Condition of Existing Structure: The existing 1922-built, 1-bedroom, 1-bathroom home is old and small, and its current condition is not detailed, implying it may require extensive work or demolition before the ADU conversion, adding to project complexity and cost.

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