998 S Crossbow, Anaheim, California 92804, Anaheim, 92804 - 2 bed, 1 bath

998 S Crossbow, Anaheim, California 92804 home-pic-0
ACTIVE$249,900
998 S Crossbow, Anaheim, California 92804
2Beds
1Bath
924Sqft
269,674Lot
Year Built
1980
Close
-
List price
$250K
Original List price
$250K
Price/Sqft
$270
HOA
$375
Days on market
-
Sold On
-
MLS number
PW25246974
Home ConditionFair
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $249.9K(8th), sqft - 924(8th), beds - 2(50th), baths - 1(8th).

Welcome to 998 S Crossbow, Anaheim, a great location, close to freeways, parks, and shopping. This is an upper unit 2 bedroom 1 bath with an open floor plan, inside laundry, and outdoor patio. There is also a 2-car detached garage. The association has a pool and spa. This is a land lease with 9 years left on the lease. It is unknown if the ground owner will renew the lease. A purchase must be cash or hard money. The homeowner passed away peacefully in the property.

Nearby schools

7/10
Walt Disney Elementary School
Public,K-60.4mi
2/10
Dale Junior High School
Public,7-81.3mi
4/10
Magnolia High School
Public,9-120.6mi

Price History

Date
Event
Price
10/26/25
Listing
$249,900
Condition Rating
Fair

Built in 1980, this property is 44 years old. While some updates like laminate flooring and recessed lighting are present, the kitchen is significantly dated with original-style wood-grain laminate cabinets, laminate countertops, and older white appliances. Popcorn ceilings are visible. The overall condition suggests regular maintenance but a lack of major renovations, particularly in key areas like the kitchen and likely the bathroom, which appear functional but very outdated. There are no visible signs of major structural defects, but it requires cosmetic updates to meet current standards.
Pros & Cons

Pros

Prime Location: The property boasts a desirable location with convenient access to major freeways, local parks, and diverse shopping options, enhancing daily convenience.
Community Amenities: Residents benefit from access to association amenities including a pool and spa, offering recreational opportunities and added lifestyle value.
Functional Layout & Features: As an upper unit, it features an open floor plan, practical inside laundry, and a private outdoor patio, contributing to comfortable living.
Dedicated Parking: The inclusion of a 2-car detached garage provides valuable and secure parking, a significant advantage in many urban areas.
Accessible Price Point: With a list price of $249,900, this property offers a highly accessible entry point into the Anaheim real estate market for cash-ready buyers.

Cons

Critical Land Lease Term: Only 9 years remain on the land lease, which introduces significant long-term uncertainty and potential for future financial complications for ownership.
Uncertain Lease Renewal: The unknown status of the ground lease renewal creates substantial risk regarding the property's future viability and value beyond the current term.
Restricted Financing Options: The requirement for a cash or hard money purchase severely limits the pool of potential buyers, impacting market demand and future resale potential.

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