315 S Walnut Avenue, Placentia, California 92870, Placentia, - bed, bath

home-pic
ACTIVE$745,000
315 S Walnut Avenue, Placentia, California 92870
3Beds
1Bath
864Sqft
5,560Lot
Year Built
1919
Close
-
List price
$745K
Original List price
$775K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25151012
Home ConditionExcellent
Features
Patio
View-

About this home

Fully Remodeled Home in the Heart of Old Town Placentia. This beautifully remodeled single-family home seamlessly blends modern comfort with vintage charm. It has been totally remodeled, with new foundation, drywall, electrical wiring and fixtures, plumbing, roof and insulation, windows and doors, and a completely renovated kitchen and full bathroom. The home also features new flooring throughout, recessed lighting, a new electrical panel, and has been freshly painted inside and out. Offering three bedrooms and an open-concept kitchen, dining, and living area, the layout is perfect for everyday living. The large lot provides ample parking accessed through Murray Street with dual access from Walnut and Murray streets. Ideally located within walking distance to Placentia’s historic Old Town and local restaurants, and just a few minutes’ drive to Cal State Fullerton. This property is part of the Old Town Placentia Revitalization Plan. It is zoned High Density Residential (HDR)—providing exciting potential for future development (buyers are advised to verify all possibilities with the City’s Planning Department). Don't miss this rare opportunity to own a turn-key home with investment potential in one of Orange County’s most up-and-coming neighborhoods.

Price History

Date
Event
Price
08/19/25
Price Change
$745,000
07/06/25
Listing
$775,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (144 Listings)
Beds34
34%
Baths13
6%
Square foot8642,028
2%
Lot Size5,5607,140
21%
Price$745K$1.19M
7%
Price per square foot$862$601
99%
Built year19191969
1%
HOA$190
Days on market122144
39%
Condition Rating
Excellent

Despite being built in 1919, the property has undergone a 'fully remodeled' and 'totally remodeled' transformation, including a new foundation, electrical, plumbing, roof, insulation, windows, doors, and a completely renovated kitchen and bathroom. New flooring, recessed lighting, a new electrical panel, and fresh paint further confirm that all components are new or virtually new, meeting current quality standards. The images support the description of a thoroughly updated home with modern finishes and systems, including a new exterior, windows, flooring, and HVAC unit.
Pros & Cons

Pros

Comprehensive Renovation: Totally remodeled with new foundation, roof, plumbing, electrical, insulation, windows, doors, kitchen, and bathroom, ensuring modern comfort and minimal immediate maintenance.
Exceptional Investment & Development Potential: Zoned High Density Residential (HDR) and part of the Old Town Placentia Revitalization Plan, offering significant future development opportunities.
Prime Walkable Location: Situated in the heart of historic Old Town Placentia, within walking distance to local restaurants and a short drive to Cal State Fullerton.
Turn-Key & Modern Interior: Features new flooring, recessed lighting, and an open-concept layout, making it move-in ready with contemporary finishes.
Ample Parking & Dual Access: Large lot provides generous parking space with convenient dual access from Walnut and Murray streets.

Cons

Compact Living Space: At 864 sqft, the interior living space is relatively small for a 3-bedroom home, which might feel constrained for some buyers.
Single Bathroom: The property features only one full bathroom, which could be a functional limitation for families or multiple occupants.
Unspecified Cooling System: While extensively remodeled, the description does not explicitly mention the installation of central air conditioning, which may be a consideration for comfort during warmer months.

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