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645 Magnolia Avenue
Anaheim, CA 92804
Sold
WELCOME to a piece of Anaheim's history, an AMAZING RANCH STLYE PROPERTY that give you that Tucked Away feeling in the middle of the city. This house was a mansion at the time it was built. The main house boasts 3183 Sqft in Living Space and an attached 500 Sqft ADU that has 2 beds and 2 baths in the back which was recently built in 2019; making it a total of 7 beds, 5 baths and almost 3700 Sqft in living area. BEST OF ALL, this property possesses an enormous lot of 0.76 Acre ~ 33,120 Sqft with a RS-3 ZONING, 160.5Ft frontage which would allow you to split this lot into at least 3 different smaller lots of approximately 11,000 Sqft each for investment purposes. You will then have 3 different lots with 3 different parcel numbers, each lot can have a big house with an ADU and a JADU on it and still have plenty of land for enjoyment. The current owners has submitted architectural plan for lot splitting to the city in the pass and it was approved. However, they did not proceed with it. You can re-apply if you want to turn this great vision into life. This means that this property is good for both your own enjoyment and from an investment stand point with the multi-residential zoning that it holds. Oversized lot like this is already a rare find, and not all the large lot property could be divided into multiple parcels, not if it is located in an interior tract. Furthermore, facing a big street like Magnolia Ave, you could potentially acquire CUP (Conditional Used Permit) for other commercial uses of the property like Barn Style Wedding Venue, Coffee Shop or how about a Buddhist Temple? Additionally, the property would also qualify to be a historic home if you would like to apply for this status with the city and county. There was suggestion but owners chose not to do it, this would immensely helps reduce your property tax rate. These are the features that make this piece of real estate so special and completely stand out from the rest. What are the chances you will find something like this come by again in this super low inventory market? This is really a Real Estate Jewel. The 4 years old ADU has 10Ft high ceiling and air-conditioning units for both bedrooms. To add cherries on top, this property is 5-10 mins drive from freeway 5 and 22 entrances. Conveniently located close to markets, restaurants, shopping centers, Disneyland, Anaheim Convention Center, Angel Stadium...etc. WHAT ARE YOU WAITING FOR??? COME CHECK IT OUT and THROW US AN OFFER BEFORE IT'S GONE!!
PROPERTY INFORMATION
| MLS # | PW23097882 | Lot Size | 33,120 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 1,890,900
Price Per SqFt: $ 513 |
DOM | 586 Days |
| Address | 645 Magnolia Avenue | Type | Residential |
| City | Anaheim | Sq.Ft. | 3,683 Sq. Ft. |
| Postal Code | 92804 | Garage | 3 |
| County | Orange | Year Built | 1953 |
| Bed / Bath | 7 / 5 | Parking | 3 |
| Built In | 1953 | Status | Closed |
| Sold Date | 2023-06-29 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Individual Room, Inside |
| Has Fireplace | Yes |
| Fireplace Information | Living Room |
| Room Information | All Bedrooms Down, Entry, Family Room, Kitchen, Laundry, Library, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Office, Walk-In Closet |
| Has Cooling | No |
| Cooling Information | None |
| EntryLocation | Main Entrance |
| Entry Level | 1 |
| Main Level Bedrooms | 7 |
| Main Level Bathrooms | 5 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,017
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/29/2023 | Sold | $1,400,000 |
| 06/14/2023 | Active Under Contract | $1,890,900 |
| 06/03/2023 | Listed | $1,890,900 |
Carl Lofton II
REALTOR®
(949)-348-9564
Questions? Contact today.
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Listing provided courtesy of Viet Hinh, Superior Real Estate Group. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
