324 Rio Grande Ave, Placentia, California 92870, Placentia, 92870 - 3 bed, 2 bath
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Placentia, California 92870
This Turnkey Single-Story Residence is a Prime Investment Opportunity listed at $995,000—positioned well below the $1,027,749 Fair Market Value by 3%. This valuation gap provides $32,749 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the home features a remodeled quartz kitchen, stainless steel appliances, and solar panels. Located within the prestigious Placentia-Yorba Linda Unified School District, this property offers long-term stability and lifestyle appeal. It is an exceptional match for growing families or Owner-Occupants seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 324 Rio Grande Ave Subject | $995,000* List Price | 3 | 2 | 1,500 | $685 | - |
A 904 Aquamarine Sold | $1,098,000 | 4 | 2 | 1,522 | $721 | 0.9 mi |
B 1234 Verona Place Sold | $1,100,000 | 3 | 2 | 1,440 | $764 | 0.6 mi |
C 1232 Athens Sold | $1,020,000 | 4 | 2 | 1,643 | $621 | 0.6 mi |
D 1330 Limerick Drive Sold | $1,121,000 | 3 | 3 | 1,768 | $634 | 0.5 mi |
E 1725 Canard Avenue Sold | $1,150,000 | 4 | 2 | 1,557 | $739 | 0.6 mi |
F 1640 Valencia Avenue Sold | $930,000 | 3 | 2 | 1,547 | $601 | 0.4 mi |
G 1708 Canard Active Under Contract | $1,180,000 List Price | 4 | 2 | 1,570 | $752 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with clear evidence of pride of ownership. While originally built in 1966, it has undergone significant updates within the 5-15 year range, including a remodeled kitchen with dark wood cabinetry, quartz countertops, and stainless steel appliances. The bathrooms have been updated with modern vanities and fixtures. The home features consistent wood-look flooring in living areas, recessed lighting, and the addition of solar panels, meeting the criteria for a well-maintained, updated home that does not require immediate renovation.
The property is located within the highly-regarded Placentia-Yorba Linda Unified School District, a major draw for families that bolsters long-term resale value.
Showcasing true pride of ownership, the home features updated bathrooms, stainless steel appliances, and a beautifully maintained interior that allows for immediate move-in.
The 1,500-square-foot single-level floor plan is highly accessible, featuring a primary suite with direct backyard access and a spacious 7,000-square-foot lot with a covered patio.
Built in 1966, the home may have aging underlying systems such as plumbing or electrical that could require future capital investment despite cosmetic updates.
With only 1,500 square feet of living area, the home may feel undersized for larger families or those requiring multiple dedicated home office spaces.
Welcome to 324 Rio Grande Ave, a beautifully maintained single-story home located in an established neighborhood in the city of Placentia. This 3-bedroom, 2-bathroom residence offers approximately 1,500 square feet of living space and presents a great opportunity for comfortable everyday living. This inviting home showcases pride of ownership throughout, featuring a functional floor plan with a spacious living room, fireplace, and abundant natural light. The kitchen includes ample cabinetry, solid surface countertops, stainless steel appliances, and opens to the dining area, creating a practical layout for daily use. All bedrooms are well-sized and offer flexibility for a variety of living needs. The primary bedroom includes an en-suite bathroom and direct access to the backyard. Both bathrooms have been updated with modern finishes. The backyard features a covered patio and grass area, suitable for outdoor use, recreation, or gatherings. Additional features include a two-car attached garage and extended driveway for additional parking. Located near local parks, schools, shopping, and dining, and within the Placentia-Yorba Linda Unified School District. Convenient access to nearby amenities and commuter routes. A wonderful opportunity to own a well-cared-for home in a desirable Placentia neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 26% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,500 | 2,046 | 14% |
| Lot Size | 7,000 | 7,000 | 50% |
| Price | $995.0K | $1.30M | 14% |
| Price per sq ft | $663 | $639 | 57% |
| Built year | 1966 | 1971 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 153 | 1% |
Mar 26, 2026
$995,000
Initial Listing
Jun 17, 2016
$625,000
Public Record