2
Bedrooms
Sold for $500,000 · Jul 2020
SOLDListed at $499,999
Anaheim, CA
MLS# OC20108718
Casey Kirkland
Listing Agent
Anderson Ballard Companies
DRE #: 02080950
Brokerage: Anderson Ballard Companies
2
Bedrooms
3
Bathrooms
988 sqft
Square Feet
1974
Year Built
N/A
Lot Size
$506
Price/Sq Ft
1
Garage Spaces
$370/mo
HOA
Condo
Property Type
Take advantage of this rare income producing property right next to Disneyland! This condo is currently operating as a fully licensed, short-term rental property approved by the city of Anaheim, the HOA and CC&Rs. It is 1 of 277 permitted short term rental properties in the entire city of Anaheim. The city of Anaheim no longer issues new short term rental permits. The property boasts updated bathrooms and flooring. All furniture, fixtures, appliances and future reservations on VRBO are included in the sale. The property includes a single car detached garage and assigned parking space. You also have access to a playground and two swimming pools. Over the past 3 years the property has an average occupancy rate of 85%. Over the past 36 months, it's averaged $4,700/month in gross income. With the low interest rates that are currently available and the buyer managing the property, the Cap Rate could easily approach 10% on this investment.
Listing description from the July 2020 sale, as reported to CRMLS.
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2 recorded sales
1381 S Walnut Street 2808 sold for $500,000 in July 2020, 0.0% over its $499,999 list price, after 7 days on the market. That works out to $506 per square foot on 988 square feet. Across 67 closed sales in 92802 over the last 12 months, the median sold price is $957,000 and the median is $576 per square foot, 14% above this sale's $506.
| Quarter | Closed sales in 92802 | Median sold price |
|---|---|---|
| Q1 2026 | 6 | $1,331,500 |
| Q2 2026 | 28 | $953,500 |
| Q3 2026 | 28 | $915,000 |
| Q4 2026 | 5 | $717,888 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Anaheim · Homes for sale in 92802
Closed sales reported in 92802, nearest first, last 12 months. All recent sales in Anaheim →
1381 S Walnut Street 2808
Contact Casey Kirkland
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Contact Listing Agent
Anderson Ballard Companies
DRE #02080950
Contact information is not available for this listing.