Sold for $1,135,000

Listed by: R L M Equities • Ryan Anderson • Contact: 949-573-5309

Bought with: R L M Equities

$1,135,000

208 S Illinois St, Anaheim, CA 92805

7beds

5baths

3,658sqft

Multi Family

Built in 1949

-- sqft lot

$1,349,000 Zestimate^®

$310/sqft

$5,024 Estimated rent

Home value

$1,349,000

$1.28M - $1.42M

$5,024/mo

Zestimate^® history

Owner options

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$5,024/mo

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$5,024/mo

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$7,087/mo

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$7,087/mo

Est. payment

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What's special

Below Market Rents = Significant Rent Growth Opportunity. Updated units in the area command substantially higher rents than current in-place leases. With selective renovations (kitchens, baths, flooring, paint, windows), rents can be increased several hundred dollars per unit per month, dramatically improving cash flow and property value. Making this property well over a 5.5% CAP on market rents. Front triplex + detached rear unit appeals to a wide range of tenants. Rear unit could command a premium (privacy, standalone structure). Potential for long-term hold, cash flow, or future redevelopment. Current rents are well below market. Immediate upside through interior renovations and bringing rents to market levels. Additional potential through exterior cosmetic improvements, utility bill-backs (RUBS), and improved management.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5

Appliances

Laundry: None

Features

Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 3,658
Total interior livable area: 3,658 sqft

Property

Parking

Total spaces: 6
Parking features: None
Garage spaces: 2

Features

Levels: One,Two
Stories: 1
Entry location: Street
Pool features: None

Lot

Size: 7,750 Square Feet
Features: Near Public Transit

Details

Parcel number: 03611223
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1949

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Curbs

Location

Region: Anaheim

Financial & listing details

Price per square foot: $310/sqft
Tax assessed value: $1,149,530
Annual tax amount: $15,340
Date on market: 10/15/2025
Cumulative days on market: 12 days
Listing terms: Cash to New Loan

Price history

Date	Event	Price
11/21/2025	Sold	$1,135,000-15.9%$310/sqft
Source: CRMLS #NP25240630 Report a problem
11/13/2025	Pending sale	$1,350,000$369/sqft
Source: CRMLS #NP25240630 Report a problem
10/27/2025	Contingent	$1,350,000$369/sqft
Source: CRMLS #NP25240630 Report a problem
10/16/2025	Listed for sale	$1,350,000+0.1%$369/sqft
Source: CRMLS #NP25240630 Report a problem
8/28/2025	Listing removed	$1,349,000$369/sqft
Source: SDMLS #OC25066503 Report a problem
6/23/2025	Listed for sale	$1,349,000+57.2%$369/sqft
Source: SDMLS #OC25066503 Report a problem
4/19/2007	Sold	$858,000+206.4%$235/sqft
Source: Public Record Report a problem
8/3/2000	Sold	$280,000$77/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,902 +5.3%	$1,149,530 +2%
2024	$13,198 +2.1%	$1,126,991 +2%
2023	$12,925 +1.3%	$1,104,894 +2%
2022	$12,765 -0.2%	$1,083,230 +2%
2021	$12,789 +0.4%	$1,061,991 +1%
2020	$12,738	$1,051,102 +2%
2019	$12,738 +3.1%	$1,030,493 +14.5%
2018	$12,354 +29.7%	$900,000 +12.5%
2017	$9,524	$800,000 +9.4%
2016	$9,524 +7%	$730,980 +1.5%
2015	$8,900 +5.6%	$720,000
2014	$8,432	$720,000 +22.7%
2013	--	$586,804
2012	--	$586,804 +2%
2011	--	$575,299 +0.8%
2010	--	$571,000 -36%
2009	--	$892,663 +2%
2008	--	$875,160 +176.4%
2007	--	$316,598 +2.6%
2006	--	$308,626 +2%
2005	--	$302,575 +2%
2004	--	$296,643 +1.9%
2003	--	$291,207 +2%
2002	--	$285,498 +2%
2001	$2,945 +284.9%	$279,900 +385.2%
2000	$765	$57,687