123 Orange Grove Avenue, Placentia, California 92870, Placentia, - bed, bath

home-pic
ACTIVE$869,000
123 Orange Grove Avenue, Placentia, California 92870
2Beds
1Bath
702Sqft
6,750Lot
Year Built
1925
Close
-
List price
$869K
Original List price
$800K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25200767
Home ConditionGood
Features
Patio
ViewCourtyard, Neighborhood, Trees/Woods

About this home

Come and Discover 123 Orange Grove in Placentia. This home is the ideal turnkey Arts & Crafts bungalow for the hard-working first-time buyer, offering a strategic two-bedroom, one-bathroom investment that merges historic charm with modern, cost-saving amenities. The majestic framework features a sunlit living room with period cove ceilings, a decorative fireplace, built-in storage, and luxurious updated flooring. The remodeled kitchen boasts sleek stainless steel appliances, granite countertops, and a bay window. Crucially, the main bathroom includes a $15,000 professional renovation (new shower, vanity, and toilet), eliminating immediate capital expenses. The property’s defining asset is the detached sunroom/guest suite with an en-suite bathroom and private reading room, offering unparalleled income-supplementing flexibility as a home office or rental unit to accelerate equity growth. Additional conveniences include a secondary bedroom with private cooling and a laundry/mudroom. This strategic location ensures unrivaled commute convenience via immediate access to the 91, 57, and 55 freeways, Downtown Placentia, CSUF, and is just 20 minutes from Newport Beach. This rare, move-in-ready opportunity is an intelligent investment in your future. Secure your homeownership success; schedule your private showing today!

Price History

Date
Event
Price
09/18/25
Price Change
$869,000+8.6%
09/05/25
Listing
$799,900
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (144 Listings)
Beds24
6%
Baths13
6%
Square foot7022,028
1%
Lot Size6,7507,140
29%
Price$869K$1.19M
11%
Price per square foot$1,238$601
99%
Built year19251969
1%
HOA$190
Days on market62145
7%
Condition Rating
Good

Despite being built in 1925, the property has undergone significant recent renovations, particularly in the main kitchen and bathroom, making it move-in ready. The kitchen features sleek stainless steel appliances, granite countertops, and modern white shaker cabinets. The main bathroom boasts a recent $15,000 professional renovation with a new vanity, shower, and toilet, appearing very modern and clean in the images. Updated flooring is present in the living areas. However, the presence of window AC units instead of central air conditioning, and the slightly less updated kitchenette/bathroom in the detached unit, prevent it from reaching an 'Excellent' score, as not all components meet the highest current quality standards for a full renovation.
Pros & Cons

Pros

Detached Guest Suite/ADU Potential: The property features a detached sunroom/guest suite with an en-suite bathroom, offering significant flexibility for income generation, a home office, or extended family living.
Turnkey & Recent Renovations: Described as an 'ideal turnkey' home, it boasts a remodeled kitchen with stainless steel appliances and granite countertops, plus a recently renovated main bathroom, minimizing immediate capital expenses for a buyer.
Historic Charm with Modern Updates: This Arts & Crafts bungalow retains historic charm with period cove ceilings and a decorative fireplace, seamlessly blended with luxurious updated flooring and modern amenities.
Strategic Location & Commute Convenience: The location offers unrivaled commute convenience with immediate access to major freeways (91, 57, 55), proximity to Downtown Placentia, CSUF, and a short drive to Newport Beach.
Investment Potential: Positioned as a 'strategic investment' for first-time buyers, the property's flexible detached unit and move-in-ready condition enhance its long-term equity growth potential.

Cons

Small Main House Square Footage: The main residence is relatively small at 702 square feet, which may be a limiting factor for some buyers seeking more living space.
Limited Bathrooms in Main House: The main house only features one bathroom, which could be inconvenient for a two-bedroom layout, despite the additional bathroom in the detached unit.
Potential Overpricing / Recent Price Increase: The current listing price of $869,000 is 8% higher than the estimated value and reflects a recent increase from the original list price of $799,900, potentially indicating it is priced above current market estimations.

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