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

home-pic
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
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25088311
Home ConditionTear down
Features
View-

About this home

*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

Price History

Date
Event
Price
04/23/25
Listing
$849,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (87 Listings)
Beds13
1%
Baths12
17%
Square foot7961,387
3%
Lot Size6,8906,325
66%
Price$849K$865K
40%
Price per square foot$1,067$622.5
99%
Built year19229770977
9%
HOA
Days on market195159
74%
Condition Rating
Tear down
The property was built in 1922, making it over 100 years old. The listing explicitly markets it as a 'Prime Investment Opportunity' with 'Approved Plans for Main Home & ADU Conversion,' indicating that the value lies in the land and redevelopment potential, not the existing structure. All provided images are renderings of the proposed new construction, with no photos of the current 1-bedroom, 1-bath home. This strongly suggests the existing structure is in a condition that requires extensive overhaul or demolition, aligning with the 'tear-down' criteria where the property's value is based solely on the land and its potential for redevelopment.
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, significantly de-risking the development process.
Turnkey Development Opportunity: Permits are ready for pickup, allowing for immediate construction and development, making it a true 'buy today, start building tomorrow' opportunity.
Income-Producing ADU Potential: The planned ADU conversion offers excellent potential for generating rental income or providing multi-generational living options, enhancing the property's long-term value and flexibility.
Prime Location: Situated in the desirable Colony Historical district of Anaheim, offering a prestigious address and potential for strong appreciation within an established neighborhood.
Spacious Lot: The generous 6,890 sqft lot provides ample space to accommodate both the new main home and the ADU, which is crucial for maximizing the development's potential.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6890, other record lot size in square feet = 6827. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
High Initial Investment Relative to Current Value: The listing price of $849,000 is significantly above the current estimated property value of $665,616, indicating a premium paid for the development potential rather than the existing structure.
Requires Significant Construction: This is not a move-in ready home; it requires substantial additional investment in time, effort, and capital for the construction of the new main home and ADU conversion.
No Notable Views: The property does not offer any specific views, which might be a drawback for buyers prioritizing scenic outlooks.

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