
Placentia, California 92870
This Condominium represents a Strong Value Opportunity, listed at $489,000—positioned well below the $506,238 Fair Market Value by 3%. This valuation gap offers $17,238 in Instant Equity. Featuring Central Air Conditioning and In-Unit Laundry, the unit maintains a Condition Rating of 4, suggesting minor cosmetic updates will maximize long-term value. Located near Cal State Fullerton and top-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic, high-convenience location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 212 S Kraemer Subject | $489,000* List Price | 2 | 2 | 929 | $545 | - |
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 212 S Kraemer Boulevard Active | $455,900 List Price | 2 | 2 | 929 | $491 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1972, making it over 50 years old. While the description highlights it as 'well-maintained' and 'move-in ready,' the lack of specific mention of recent renovations to the kitchen or bathrooms, combined with the age of the complex, suggests the unit is likely dated and will require minor repairs or cosmetic updates to meet modern standards.
Situated directly across from the Placentia Civic Center and near Cal State Fullerton, this property offers exceptional convenience for students, professionals, and commuters.
Unlike many older condominiums, this unit includes central air conditioning and private in-unit laundry hookups, significantly increasing its daily functionality and market appeal.
Listed under $500,000 in Orange County, this 2-bedroom, 2-bathroom home represents a strong entry-level opportunity for first-time buyers or investors.
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 building and community may require ongoing maintenance or future capital improvements compared to newer developments.
As an upper-level unit, the lack of ground-floor access may be a deterrent for buyers with mobility concerns or those seeking easier entry.
Welcome to this bright and inviting upper-level condominium located in the desirable Cinnamon Tree community of Placentia. This well-designed home features 2 spacious bedrooms and 2 full bathrooms with an open and functional floor plan offering approximately 929 square feet of comfortable living space. The living area flows seamlessly into the dining space and kitchen, creating an ideal setting for both everyday living and entertaining. The primary suite offers a walk-in closet and an en-suite bathroom, while the second bedroom is perfect for guests, a home office, or family members. Additional features include central air conditioning, in-unit laundry hookups, and a private balcony to enjoy the Southern California weather. The community offers beautifully maintained grounds, a sparkling pool and spa, and convenient assigned parking. Ideally situated directly across from the Placentia Civic Center and close to parks, shopping, restaurants, schools, Cal State Fullerton, and major freeways, this home provides exceptional convenience for commuters and first-time buyers alike. Whether you’re looking for your first home, downsizing, or adding to your investment portfolio, this is a wonderful opportunity to own in one of Placentia’s most convenient locations.
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 | $489.0K | $692.8K |
| Price per sq ft | $526 | $596 |
| Built year | 1972 | 1976 |
| HOA | $380.0 | $425 |
| Days on market | 12 | 63 |
Jul 10, 2026
$489,000
Initial Listing
Mar 11, 2024
$430,000
Public Record
Mar 10, 1995
$69,500
Public Record