503 Wilson, Placentia, California 92870, Placentia, 92870 - 3 bed, 2 bath
503 Wilson
Placentia, California 92870
Property Price
SUMMARY
Analysis of 503 Wilson, Placentia, California 92870 reveals a Prime Investment Opportunity with a current list price of $950,000—significantly undercutting the $984,329 Fair Market Value by 3%. This valuation gap indicates a +$34,329 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 503 Wilson Subject | $950,000* List Price | 3 | 2 | 1,582 | $622 | - |
A 308 Eagle Drive Sold | $1,000,000 | 4 | 2 | 1,617 | $618 | 0.8 mi |
B 724 Stardust Drive Sold | $900,000 | 3 | 2 | 1,187 | $758 | 0.3 mi |
C 407 Lavender Lane Sold | $990,000 | 4 | 3 | 1,710 | $579 | 0.7 mi |
D 226 Breting Way Sold | $1,025,000 | 4 | 2 | 1,574 | $651 | 0.6 mi |
E 518 Sheree Lane Active | $1,059,000 List Price | 3 | 2 | 1,687 | $628 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1956, this property is significantly aged. While the exterior appears to have received some cosmetic updates (paint, possibly windows) and is maintained, the lack of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are outdated and require substantial modernization. The property analysis explicitly notes it 'likely requires substantial modernization of its systems and finishes.' The 1.75 bathroom configuration is also indicative of an older home that hasn't undergone a full modern renovation. It's livable but will need significant investment to update key areas to current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Positioned in Placentia with excellent access to Cal State Fullerton, diverse shopping, dining, and the 57 Freeway, enhancing convenience and desirability.
- Cul-de-Sac Advantage
Situated on a cul-de-sac, offering increased privacy, reduced traffic, and a safer environment, particularly appealing to families.
- Desirable Single-Story Design
The single-story layout provides broad appeal, catering to various buyer needs from accessibility to ease of maintenance.
CONSRISKS & DEFICIENCIES
- Property Age & Potential Updates
Built in 1956, the home likely requires substantial modernization of its systems and finishes, representing a significant future investment for buyers.
- Overpricing Relative to Market Value
The current listing price is 7% above the property's estimated market value, which may deter potential buyers seeking a competitive deal.
- Non-Standard Bathroom Configuration
The 1.75 bathroom count indicates one bathroom is not a full bath, which could be a functional inconvenience for a 3-bedroom home.
About 503 Wilson
Great opportunity to own this charming single story on cul de sac in Placentia! This home features 3 bedroom and 1.75 bathrooms with attached 2 car garage and additional driveway parking. Just minutes from Cal State Fullerton, shopping and dining and easy access to the 57 freeway . It makes a great family home or investment opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 6,600 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 28% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,582 | 2,046 | 19% |
| Lot Size | 6,600 | 7,000 | 40% |
| Price | $950.0K | $1.24M | 15% |
| Price per sq ft | $601 | $618 | 44% |
| Built year | 1956 | 1971 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 129 | 173 | 30% |
Pricing History
Listed for Sale
Oct 29, 2025
$950,000
Initial Listing