212 S Kraemer Boulevard, Placentia, California 92870, Placentia, 92870 - 2 bed, 2 bath
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Placentia, California 92870
This condominium represents a High-Potential Investment Opportunity, listed at a List Price of $455,900—positioned well below the $470,076 Fair Market Value by 3%. This valuation gap provides $14,176 in Instant Equity. With a Fair Condition Rating, the unit offers a clear path for value-add modernization. Residents benefit from resort-style amenities and proximity to top-rated schools like Valencia High. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into the Placentia market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 212 S Kraemer Boulevard Subject | $455,900* List Price | 2 | 2 | 929 | $506 | - |
A 212 S Kraemer 2616 Sold | $419,000 | 2 | 1 | 845 | $496 | 0.0 mi |
B 212 S Kraemer Active | $489,000 List Price | 2 | 2 | 929 | $526 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is over 50 years old. While it features some updates like newer laminate flooring and dual-pane windows, the presence of popcorn ceilings, wall heaters, and window AC units indicates dated systems. The overall infrastructure and lack of central HVAC place it in the fair category, requiring cosmetic and system modernization.
The property is ideally situated near California State University, Fullerton, major freeways, and highly-rated schools, making it an attractive option for students, faculty, and commuters.
Residents have access to a wide range of resort-style amenities, including a pool, spa, clubhouse, and playground, which adds significant lifestyle value to the condominium.
The unit features a well-designed open floor plan with dual-pane windows and includes two assigned parking spaces, a highly desirable asset in high-density residential areas.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 929, other record living area = 845.
Built in 1972, the complex and unit may require more frequent maintenance or future capital improvements compared to newer residential developments.
The property is noted as having no specific view, which may be a disadvantage for buyers seeking aesthetic outlooks or increased privacy from their living space.
Welcome to this beautifully maintained upper-level 2-bedroom, 2-bath condominium in the desirable Cinnamon Tree community of Placentia. Unit #702 Offering approximately 929 square feet of comfortable living space, this inviting home features a bright, open floor plan with a spacious living room, dining area, and an abundance of natural light. The kitchen offers ample cabinetry and countertop space, making meal preparation both functional and convenient. The generously sized primary suite includes its own private bathroom, while the second bedroom is ideal for guests, a home office, or additional living space. Additional highlights include dual-pane windows, ample storage, and two assigned parking spaces. Residents enjoy access to resort-style community amenities including a sparkling pool, spa, clubhouse, playground, and beautifully landscaped grounds. Conveniently located near shopping, dining, parks, schools, California State University, Fullerton, and major freeways, this home offers an exceptional combination of comfort, convenience, and value. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this is one you won't want to miss!
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 | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 929 | 1,486 |
| Lot Size | 600,242 | 19,070 |
| Price | $455.9K | $692.8K |
| Price per sq ft | $491 | $596 |
| Built year | 1972 | 1976 |
| HOA | $380.0 | $425 |
| Days on market | 19 | 63 |
Jul 3, 2026
$455,900
Initial Listing
May 6, 1999
$68,500
Public Record