Anaheim, Orange County · CA 92804
10301 Antigua St
A rare 7,200 sq ft lot investment opportunity in one of Anaheim's most stable residential corridors — with proven ADU development potential and strong long-term appreciation fundamentals.
Due Diligence
Property Details
Comprehensive property data sourced from Orange County Assessor records, CoreLogic, and CRMLS. All figures should be independently verified prior to any investment decision.
Identification
Physical Characteristics
Financial Overview
HBU Analysis
Investment Opportunity
A comprehensive Highest and Best Use analysis evaluated five development scenarios. The recommended BRRRR with ADU strategy delivers the strongest risk-adjusted returns over a five-year holding period.
BRRRR with ADU
Buy, Rehab, Rent, Refinance, Repeat. Renovate the primary residence to maximize rental appeal, then construct an 800 sf detached ADU in the generous rear yard. This strategy preserves the existing asset while creating a new income stream — and over $333,000 in forced equity over five years.
Four-Test HBU Framework
R-1 zoning + CA ADU law (AMC §18.38.015) allows 1 detached ADU up to 1,200 sf + 1 JADU. SB9 lot split also permissible.
7,200 sf lot with 60% max coverage (4,320 sf). Current coverage only 16% (1,147 sf). Ample rear yard for 800 sf ADU.
Strong long-term value creation despite near-term cash flow challenges from current interest rate environment.
Highest weighted score (3.84/5.00) balancing value creation, execution speed, capital intensity, and entitlement risk.
Development Scenarios Comparison
| Rank | Strategy | Investment | Monthly Income | Cap Rate | 5-Yr Value | Timeline | Risk | Score |
|---|---|---|---|---|---|---|---|---|
| #1 | BRRRR with ADUBest Renovate primary + add 800 sf ADU, then refinance | $478,040 | $7,600 | 6.5% | $333,630 | 12–15 mos | Low | 3.84 |
| #2 | ADU Development Construct 800 sf detached ADU, maintain existing rental | $280,000 | $7,093 | 9.8% | $245,270 | 6–9 mos | Low | 3.77 |
| #3 | ADU + Junior ADU Detached ADU + junior ADU within existing structure | $360,000 | $8,593 | 10.7% | $245,270 | 9–12 mos | Low | 3.40 |
| #4 | SB9 Lot Split Split lot, demolish existing, build 2 new 800 sf units | $480,000 | $3,200 | N/A | $289,023 | 18–24 mos | Medium | 3.10 |
| #5 | SB9 Split + ADU Split into 2 parcels, build 2 units + ADU on one parcel | $620,000 | $5,600 | 2.6% | $289,023 | 20–24 mos | Med-High | 2.77 |
* All financial projections are illustrative only. Assumes 8.5% HELOC financing over a 5-year holding period. Past performance does not guarantee future results. Consult licensed financial, legal, and real estate professionals before making any investment decision.
92804 Zip Code
Neighborhood Insights
The 92804 zip code in West Anaheim demonstrates strong residential stability, consistent appreciation, and high rental demand — key fundamentals that underpin the investment thesis for this property.
Market Data — 92804
School District
- Magnolia Elementary School
- Anaheim Union High School District
- Standardized Test Rank: 51/100
Location Highlights
- Flat/level topography
- Within 250 ft of flood zone (verify insurance)
- Census Tract 877.03
- Carrier Route C023
Safety & Environment
- Crime Risk: 30/100 (Low)
- Safer than 70% of US neighborhoods
- OCSD Sewer service area
- MWD Water service area
Visual Tour
Property Gallery
Explore property exteriors, ADU development concepts, neighborhood scenes, and aerial perspectives of the surrounding Orange County area.
Hybrid Auction
Auction Information
The "Accelerated Value Discovery" hybrid auction format reconciles the property's premium entry point with market-based price discovery through a structured, transparent bidding process.
Auction Parameters
6-Week Marketing Timeline
Geofenced digital ads targeting HNW investors in Orange & LA Counties. 'Coming Soon' teasers go live.
3D virtual tours, Investor Open House events, due diligence pack distribution.
Countdown social media campaign. Direct outreach to underbidders from recent 92804 sales.
Final bidding phase closes with live-streamed simulcast event for final price discovery.
Who Should Bid?
The Luxury Upgrader
Families seeking a 4-bedroom home in a quiet, safe Anaheim neighborhood with strong school access.
The Portfolio Diversifier
Investors seeking a high-value Orange County asset with established rental history at $4,693/month.
The ADU Developer
Value-add investors exploiting the R-1 zoning and 7,200 sq ft lot to add density via ADU development.
Get In Touch
Contact & Consultation
Ready to learn more, schedule a tour, or register to bid? Our team of Century Real Estate specialists is available to guide you through every step of the acquisition process.