
Placentia, California 92870
This Turnkey Condominium is a Strong Value Opportunity, listed at $519,000—positioned well below the $585,733 Fair Market Value by 11%. This valuation gap offers $66,733 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit boasts a Remodeled Kitchen, LVP flooring, and In-Unit Laundry. Located in the Placentia-Yorba Linda Unified district, this property provides a perfect balance of modern comfort and financial stability, making it an ideal choice for first-time buyers or owner-occupants.
Turnkey 3-bed condo in Placentia, CA. Listed at $519k with $66k instant equity. Features remodeled kitchen, in-unit laundry, and top-rated schools. Move-in ready.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 212 S Kraemer Boulevard 411 Subject 3 bd · 2 ba · 1,052 sqft · $557 | $519,000* List Price | 3 | 2 | 1,052 | $557 | - |
A 102 Kauai Lane Sold 1 bd · 1 ba · 847 sqft · $579 · 0.3 mi | $490,000 | 1 | 1 | 847 | $579 | 0.3 mi |
B 337 E Chapman Sold 2 bd · 3 ba · 1,180 sqft · $508 · 0.2 mi | $599,999 | 2 | 3 | 1,180 | $508 | 0.2 mi |
C 212 S Kraemer 2208 Sold 2 bd · 1 ba · 845 sqft · $526 | $444,500 | 2 | 1 | 845 | $526 | - |
D 304 Molokai Sold 2 bd · 3 ba · 1,300 sqft · $501 · 0.2 mi | $651,500 | 2 | 3 | 1,300 | $501 | 0.2 mi |
E 212 S Kraemer 905 Active 2 bd · 2 ba · 929 sqft · $457 | $425,000 List Price | 2 | 2 | 929 | $457 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1972, the unit has undergone a comprehensive recent renovation (likely <5 years) featuring high-quality LVP flooring, a modernized kitchen with granite countertops and reimagined cabinetry, and fully upgraded bathrooms. The interior is in mint, move-in-ready condition with newer paint and recessed lighting.
The unit features high-quality LVP flooring, a remodeled kitchen with granite countertops, and two beautifully renovated bathrooms, offering a move-in-ready experience for the new owner.
This condo includes full-size inside laundry hookups, which is a rare and highly desirable feature within the Cinnamon Tree complex, providing significant convenience.
As a ground-floor corner unit, the property offers enhanced privacy and easier accessibility, complemented by a spacious primary suite and a patio that runs the full length of the unit.
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.
Built in 1972, the property may have aging systems common to older developments, and the $380 monthly HOA fee represents a permanent recurring cost for the buyer.
The unit relies on assigned carports rather than a private enclosed garage, which may be a drawback for buyers seeking maximum vehicle security or additional enclosed storage.
INCREDIBLE VALUE! Remodeled and lovingly cared for, this condo is ready to welcome its new owner. With 3 bedrooms and 2 baths, this ground-floor corner unit is set in the gated community of Cinnamon Tree. Light and bright interior with high-quality LVP flooring throughout, and newer paint. The upgraded kitchen features granite counters, reimagined cabinetry and recessed lighting, and as a nice bonus - the refrigerator is included. Both bathrooms have been beautifully renovated and upgraded. The spacious Primary Suite can accommodate a king-sized bed and has a full-length closet with custom built-in organizers which fully maximize the storage potential. From here, there is an access to the patio, which runs the full length of the unit, providing an ideal space to unwind. There are also full-size inside laundry hookups - a rare feature in this complex! A large, secured storage closet and 2 assigned carport spaces are also included. HOA amenities include multiple pools, clubhouse and playground. Set in the heart of Placentia near the Civic Center, Library and Police Station, along with schools, shopping and the best Placentia has to offer, this is a great place to call home!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.5 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.3 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,052 | 1,226.75 |
| Lot Size | 600,242 | 18,398.875 |
| Price | $519.0K | $701.9K |
| Price per sq ft | $493 | $568 |
| Built year | 1972 | 1986 |
| HOA | $380.0 | $398 |
| Days on market | 25 | 68 |
Sep 30, 2026
$519,000
Initial Listing
Sep 10, 2024
$565,000
Public Record
Jun 17, 2024
$570,000
Public Record
Dec 19, 2008
$150,000
Public Record
Aug 29, 2006
$410,000
Public Record