516 S State College , Anaheim, CA 92806
$2,000,000
Est. Payment: $10,909.39/mo
2 Bed
1 Bath
1008 Sqft
0.52 Acres
Status: ACTIVE | Days on site: 32
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House Description

Rare Anaheim residential󠃍󠂏󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃢󠂁󠂡󠃡󠂠󠂎 development opportunity! This approximately 22,800-square-foot site is zoned R2-2 and offers public-street access from both ends of the property. Rare Anaheim residential development opportunity! This approximately 22,800-square-foot site is zoned RS-2 and offers public-street access from both ends of the property. The property currently has a two-bedroom, one-bath home built in 1905 containing approximately 1,008 square feet, offering potential immediate rental income while a buyer evaluates future development opportunities. Preliminary concepts have been prepared for six attached single-family residences or an alternative eight-unit apartment community. The six-home concept features two-story, three-bedroom residences of approximately 1,800 square feet, attached two-car garages, additional onsite parking and a central through-access driveway. The apartment concept includes eight spacious two-bedroom units with private outdoor areas, landscaping, onsite parking and common recreation space. Ideally suited for homebuilders, apartment developers, build-to-rent investors and residential contractors seeking a well-located Anaheim infill project. APN 083-411-03. Conceptual plans and marketing package are available upon request. All plans, unit counts and development assumptions are conceptual only and have not been approved by the City. Buyer must independently verify zoning, density, permitted uses, setbacks, parking, fire access, utilities, fees and entitlement feasibility with the City of Anaheim and appropriate professionals.

Highlights

Listed by Victor Esparza , 714-856-9756 Premier Realty Services, Inc , 714-941-9515. San Diego County Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.52

Year Built

1905

County

Orange

Listing ID

PW26189019

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Refrigerator, 6 Burner Stove
Air Cond:Wall/Window
Fireplaces:N/K
Floor:Tile,Wood
Water:Public

Exterior Features

Garage Capacity:2
Sewer:Public Sewer
Principal Interest
$10,909
Taxes
$1,275

Home Price

$2,000,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$400,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,909.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,909.39 $1,275.00 $0.00 $12,184.39
Yearly $130,912.74 $15,300.00 $0.00 $146,212.74
Total $3,927,382.14 $459,000.00 $0.00 $4,386,382.14

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Anaheim, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-10-04T21:56:13.000Z

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