932 N Harbor Boulevard, Anaheim, California 92805, Anaheim, - bed, bath
ACTIVE$820,000
932 N Harbor Boulevard, Anaheim, California 92805
0Bed
0Bath
1,023Sqft
5,227Lot
Year Built
1923
Close
-
List price
$820K
Original List price
$820K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25190702
Home ConditionPoor
Features
View-
About this home
Great Possibilities- Duplex 1 bedroom one bath each - One with 1 car garage the other with a 2 car garage all detached- front and back yards- community laundry room- Rents way below with major Upside, Way under present market value- The tenants have been there for years but rents have never been increased- close to transportation- schools and transportation and Disneyland.
Price History
Date
Event
Price
09/05/25
Listing
$820,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (5 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,023 | 1,740 | 33% |
| Lot Size | 5,227 | 5,308 | 50% |
| Price | $820K | $893K | 33% |
| Price per square foot | $802 | $480 | 67% |
| Built year | 1923 | 9690978 | 33% |
| HOA | |||
| Days on market | 60 | 183 | 17% |
Condition Rating
Poor
Built in 1923, this property is over 100 years old. The description explicitly states that rents are 'way below' market value and have 'never been increased' for years, strongly indicating a significant lack of recent renovations and extensive deferred maintenance. While the exterior appears structurally sound, it shows clear signs of age with dated windows and stucco. Without interior images, it's highly probable that the kitchen, bathrooms, and major systems (electrical, plumbing, HVAC) are original or very old, requiring substantial repairs and rehabilitation to meet current safety, comfort, and aesthetic standards. The property is currently occupied, suggesting it's not a complete tear-down, but it requires a major investment to bring it to a functional and marketable condition.
Pros & Cons
Pros
Significant Rental Upside: Current rents are substantially below market value, presenting a major opportunity for immediate value appreciation and increased cash flow through rent adjustments.
Prime Anaheim Location: Strategically situated near transportation, schools, and Disneyland, ensuring high tenant demand and long-term property value appreciation.
Income-Generating Duplex: As a duplex, the property offers two distinct income streams, making it an attractive asset for investors seeking consistent returns.
Valuable Tenant Amenities: Features detached garages (one 1-car, one 2-car) and private front and back yards for each unit, enhancing tenant appeal and utility.
Community Laundry Facility: The presence of a community laundry room adds convenience for tenants, contributing to overall property desirability.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5227, other record lot size in square feet = 5322.
Historic Property Age: Built in 1923, the property is likely to require significant capital expenditure for system upgrades, renovations, and ongoing maintenance to meet modern standards.
Suboptimal Current Cash Flow: While offering upside, the current below-market rents mean immediate cash flow is low, necessitating active management to realize its full income potential.
Renovation & Management Demands: Achieving market rental rates will likely require unit renovations and a strategic approach to managing rent increases with long-term tenants.