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735 N Philadelphia St1 / 15 · Click to zoom

About this home

Turnkey, fully renovated duplex generating $7,200 per month in gross rental income. Situated on a 7,841 square foot lot, this exceptional investment features two detached homes, both extensively remodeled and fully leased. The property has undergone significant capital improvements, including new plumbing, a new roof, new windows, fresh exterior paint, and new hardscape, providing a low-maintenance investment for years to come. Utilities include three electric meters, two gas meters, and one water meter. A detached two-car garage and additional alley-access parking offer ample parking options. Architectural plans and supporting documents for an ADU conversion are complete and on hand, ready for submission to the City, presenting an outstanding value-add opportunity for future income potential (buyer to verify all plans, permits, and development requirements). This is a rare opportunity to acquire a stabilized, income-producing property with immediate cash flow and significant upside.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$950,000 · Feb 2024
📋 Assessed value$969,000
💵 Annual tax$11,488
🏫 School districtAnaheim Union High School District

MLS #26154496MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$7,988
Principal & interest$6,447
Property tax$1,169
Home insurance$372
Down payment: $255,000Loan: $1,020,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.