503 Wilson, Placentia, California 92870, Placentia, 92870 - 3 bed, 2 bath

503 Wilson, Placentia, California 92870 home-pic-0
ACTIVE$950,000
503 Wilson, Placentia, California 92870
3Beds
2Baths
1,582Sqft
6,600Lot
Year Built
1956
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$601
HOA
-
Days on market
-
Sold On
-
MLS number
PW25239179
Home ConditionFair
Features
ViewNeighborhood

About this home

Great Deal:The estimated price is 3% above the list price. We found 3 Cons,5 Pros. Rank: price - $950.0K(18th), sqft - 1582(24th), beds - 3(30th), baths - 2(43th).

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!

Price History

Date
Event
Price
10/29/25
Listing
$950,000
Condition Rating
Fair

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maintained, the lack of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are outdated and require substantial modernization.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.
Pros & Cons

Pros

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.
Reputable School District: Zoned within the highly-regarded Placentia-Yorba Linda Unified School District, a significant draw for families prioritizing quality education.
Flexible Investment Potential: Presented as both an ideal family residence and a sound investment opportunity, broadening its market appeal.

Cons

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.

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