315 Baker, Placentia, California 92870, Placentia, 92870 - 1 bed, 1 bath
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Placentia, California 92870
Analysis of 315 Baker, Placentia, California 92870 is currently available with a list price of $650,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Placentia Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1912, making it over 100 years old. The listing description explicitly states, 'Existing structure is considered a tear-down. Value is in the land.' and the property analysis confirms 'The existing structure is considered a tear-down, requiring demolition.' The images show a severely dilapidated exterior and an extremely neglected, junk-filled yard, reinforcing that the structure is beyond repair and unlivable in its current condition.
The property is zoned Old Town / High-Density Residential, explicitly allowing for multi-family new construction, making it highly attractive for developers.
All essential utilities (water, sewer, gas, electric) are already on site, significantly reducing initial development costs and complexities.
Located in a high-density redevelopment area in Placentia, indicating strong potential for future growth and increased property value.
The existing structure is considered a tear-down, requiring demolition and offering no immediate rental income or usable space.
The requirement for cash buyers only and the 'as-is' sale condition significantly limit the buyer pool and place all financial responsibility for development and demolition on the buyer.
Buyers are responsible for verifying all zoning, density, design requirements, and development feasibility with the City, adding a layer of complexity and potential delays to the project.
Excellent opportunity for developers or investors seeking a long-term play in a high-density redevelopment area. Value is in the land. Existing structure is considered a tear-down. Approx. 6,500 sq ft lot with all utilities on site (water, sewer, gas, electric). Property is zoned Old Town / High-Density Residential, allowing for multi-family residential new construction such as duplex or triplex subject to city approval. Buyer to verify all zoning, density, design requirements, and development feasibility with the City. Cash buyers only. No repairs or credits. Property sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 0.5 | 50% |
| Baths | 1.0 | 0.5 | 50% |
| Square foot | 714 | 2,157 | 50% |
| Lot Size | 6,500 | 6,081.5 | 50% |
| Price | $650.0K | $900.0K | 50% |
| Price per sq ft | $910 | $615 | 50% |
| Built year | 1912 | 1918 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 74 | 0% |
Mar 14, 2026
$650,000
$700,000
-7% Price Drop
Initial Listing
Feb 6, 2026
$700,000
Initial Listing