212 S Kraemer 2502, Placentia, California 92870, Placentia, 92870 - 2 bed, 1 bath
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212 S Kraemer 2502
Placentia, California 92870
ACTIVE
CONDITION: FAIR
2Beds
1Baths
845Sq Ft
600,242Lot Size
Property Price
LIST PRICE$409,999
EST. MARKET VALUE
$419,000
SUMMARY
This Condominium represents a Prime Investment Opportunity, listed at $409,999—positioned well below the $419,000 Fair Market Value by 2%. This valuation gap offers $9,001 in Instant Equity. Featuring a Condition Rating of 4, the unit includes modern laminate flooring and dual-pane windows, though it offers significant upside for cosmetic modernization. Located in the Placentia-Yorba Linda Unified School District, this property provides resort-style amenities and is ideal for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Orange County market.
Estimated Market Value
$419,000
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 2502 Subject | $409,999* List Price | 2 | 1 | 845 | $496 | - |
A 212 S Kraemer 2616 Sold | $419,000 | 2 | 1 | 845 | $496 | 0.0 mi |
B 122 Kauai Active | $500,000 List Price | 1 | 1 | 916 | $546 | 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 1976, the property is nearly 50 years old. While it features newer laminate flooring and dual-pane windows, the kitchen and systems (visible wall AC units and older electric coil stove) are dated and likely exceed 20-30 years in age, requiring modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Priced competitively at $409,999, this property offers a highly accessible entry point into the Orange County real estate market, particularly within the sought-after Placentia-Yorba Linda Unified School District.
- Desirable End-Unit Privacy
As an end-unit, the home provides superior privacy and increased natural light compared to interior units, complemented by modern interior upgrades such as newer laminate flooring and dual-pane windows.
- Prime Location and Amenities
The gated Cinnamon Tree community offers resort-style amenities and a strategic location near Cal State Fullerton, major freeways, and local civic centers, making it ideal for students, faculty, or commuters.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =600242, other record lot size in square feet = 714590.
- Limited Square Footage and Bathrooms
With only 845 square feet of living space and a single bathroom, the layout may feel restrictive for growing families or those accustomed to more spacious accommodations.
- Lack of In-Unit Laundry
The reliance on shared community laundry facilities rather than private in-unit hookups represents a significant convenience drawback for many modern homebuyers.
About 212 S Kraemer 2502
Beautiful and affordable end-unit home in the desirable Cinnamon Tree community! Bright and airy with newer laminate flooring and dual-pane windows throughout. Competitively priced and offering excellent value. Enjoy resort-style HOA amenities including a pool, spa, BBQ area, clubhouse, laundry facilities, playgrounds, and gated access. Ideally located near the Placentia Civic Center, Police Department, public library, Cal State Fullerton, shopping, dining, and convenient access to the 57 and 91 freeways. Located within the Placentia-Yorba Linda Unified School District. Don’t miss this opportunity!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1976
- Lot Size
- 600,242 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 2.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 845 | 1,242.333 |
| Lot Size | 600,242 | 22,491.5 |
| Price | $410.0K | $718.2K |
| Price per sq ft | $485 | $588 |
| Built year | 1976 | 1984 |
| HOA | $380.0 | $413 |
| Days on market | 9 | 56 |
Pricing History
Listed for Sale
Sep 1, 2026
$409,999
Initial Listing
Price Change
Aug 31, 2026
$419,000
Initial Listing
Sold
Mar 21, 2012
$106,500
Public Record
Sold
Sep 23, 2002
$140,000
Public Record