212 S Kraemer 2005, Placentia, California 92870, Placentia, 92870 - 3 bed, 2 bath
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212 S Kraemer 2005
Placentia, California 92870
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,052Sq Ft
600,242Lot Size
Property Price
LIST PRICE$540,000
EST. MARKET VALUE
$541,500
SUMMARY
This 3-bedroom Condominium represents a Strong Value Opportunity, listed at $540,000—positioned well below the $541,501 Fair Market Value by 0.28%. This valuation gap offers $1,501 in Instant Equity. With a Condition Rating of 4, the unit provides a functional layout for those seeking cosmetic modernization. Located in a gated community with a pool and proximity to top-rated schools like Valencia High, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to enter the Placentia market.
Estimated Market Value
$541,500
Based on Realkey algorithm analyzing recent comparable sales in Placentia.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 212 S Kraemer 2005 Subject | $540,000* List Price | 3 | 2 | 1,052 | $515 | - |
A 212 S Kraemer 2616 Sold | $419,000 | 2 | 1 | 845 | $496 | 0.0 mi |
B 1513 E Spruce C Sold | $603,000 | 2 | 2 | 921 | $655 | 0.1 mi |
C 304 Molokai Sold | $651,500 | 2 | 3 | 1,300 | $501 | 0.2 mi |
D 337 E Chapman Active Under Contract | $599,999 List Price | 2 | 3 | 1,180 | $508 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1972, the property is over 50 years old and shows signs of being dated, including popcorn ceilings and older kitchen cabinetry. The use of a window AC unit suggests the lack of a modern central HVAC system. While functional and tenant-occupied, the interior requires cosmetic updates and modernization to the kitchen and baths to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is ideally situated within walking distance to highly-rated schools, the Placentia Civic Center, and local parks, offering exceptional convenience for families and commuters.
- Ground-Floor Accessibility
This rare 3-bedroom unit is located on the first floor, providing easy access and a functional layout that is highly desirable for those seeking to avoid stairs.
- Gated Community Amenities
Located within a secure, gated community, residents benefit from well-maintained common areas and a swimming pool, enhancing both lifestyle and investment appeal.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1972, the property may require modern cosmetic updates or system upgrades to meet the expectations of contemporary buyers.
- Lack of Scenic Views
The unit is noted as having no view, which may be a disadvantage compared to other units in the complex that overlook the pool or greenbelts.
About 212 S Kraemer 2005
Incredible opportunity to own a Condominium in a gated community in Placentia. This 3-bedroom, 2-bath unit offers 1,052 square feet of living space on the 1st floor. The functional floor plan includes a comfortable living area, dining space, and well-sized bedrooms. Community amenities include a swimming pool and well-maintained common areas. Conveniently located near Placentia Civic Center, the library, shopping, restaurants, schools, parks, and other local amenities and major freeways. The property is currently tenant-occupied with a month-to-month lease.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 600,242 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $380.0 / Month
Neighborhood Insights
Placentia Unified Schools
John O. Tynes Elementary School
Grades K-6 • 0.4 mi
6/10
Kraemer Middle School
Grades 7-8 • 0.5 mi
6/10
Valencia High School
Grades 9-12 • 0.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,052 | 1,242.333 |
| Lot Size | 600,242 | 22,491.5 |
| Price | $540.0K | $718.2K |
| Price per sq ft | $513 | $588 |
| Built year | 1972 | 1984 |
| HOA | $380.0 | $413 |
| Days on market | 41 | 56 |
Pricing History
Listed for Sale
Jul 30, 2026
$540,000
Initial Listing
Sold
Sep 26, 2001
$125,000
Public Record
Sold
May 28, 1996
$78,000
Public Record