936 Cypress, Placentia, California 92870, Placentia, - bed, bath
ACTIVE$709,999
936 Cypress, Placentia, California 92870
3Beds
2Baths
1,040Sqft
5,400Lot
Year Built
1928
Close
-
List price
$710K
Original List price
$770K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SW25167293
Home ConditionPoor
Features
Patio
View-
About this home
Great investment opportunity.... 3-Bedroom, 2-Bath home nestled in City of Placentia. Originally built in 1928 and thoughtfully rebuilt in the 1980's, this home offers a blend vintage character with modern functionality. It features 3 spacious bedrooms, 2 full bathrooms, and a detached 2 1 car garages with separate doors, offering ample parking and storage. The home sits on a generous lot with a good-size yard, ideal for outdoor gardening or even future additions. Whether you're looking for your first home or a long-term investment, great options, can add square footage, build an ADU... property was appraised at 770k in July 2025
Price History
Date
Event
Price
08/08/25
Price Change
$709,999
07/28/25
Listing
$770,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (142 Listings) | |
|---|---|---|---|
| Beds | 3 | 4 | 34% |
| Baths | 2 | 3 | 42% |
| Square foot | 1,040 | 2,028 | 5% |
| Lot Size | 5,400 | 7,140 | 20% |
| Price | $710K | $1.19M | 6% |
| Price per square foot | $683 | $599 | 76% |
| Built year | 1928 | 1969 | 1% |
| HOA | |||
| Days on market | 99 | 150 | 22% |
Condition Rating
Poor
The property was originally built in 1928 and last 'rebuilt' in the 1980s, placing its last major renovation over 40 years ago, which aligns with the 'Poor' condition criteria (renovated between 30 to 50 years ago). While the structure appears sound, the interior images reveal a highly outdated kitchen with old wood cabinets, tile countertops, and basic appliances, requiring a full renovation. The flooring is dated tile throughout, and the presence of a window AC unit and wall heater suggests a lack of central HVAC, indicating a need for extensive system replacement for modern comfort. These necessary updates to major components (kitchen, bathrooms, HVAC) constitute 'substantial repairs and rehabilitation' rather than minor updates, making the property very uncomfortable by current living standards, despite being functional.
Pros & Cons
Pros
Significant Investment & ADU Potential: The property explicitly offers strong potential for adding square footage and building an Accessory Dwelling Unit (ADU), enhancing its long-term value and income generation.
Favorable Valuation & Pricing: Recently appraised at $770,000, the current list price of $709,999 presents a compelling value proposition and potential for immediate equity.
Generous Lot Size & Expansion Opportunities: A good-sized 5400 sqft lot provides ample outdoor space for gardening, recreation, and future property expansion.
Versatile Detached Garage: The detached 2.5-car garage with separate doors offers excellent utility for parking, storage, or potential conversion, complementing the ADU potential.
Desirable Placentia Location: Situated in the well-regarded City of Placentia within the Placentia-Yorba Linda Unified School District, offering strong community appeal and good schools.
Cons
Compact Interior Square Footage: At 1040 sqft, the interior living space is relatively small for a 3-bedroom home, which may limit appeal for buyers seeking more expansive living areas.
Unspecified Extent of 1980s Rebuild: While 'thoughtfully rebuilt in the 1980s' is mentioned, the description lacks specifics on the scope of the rebuild, potentially leaving questions about the condition of original 1928 core systems.
Potential for Dated Finishes: The 'vintage character' and 1980s rebuild suggest that interior finishes (kitchen, bathrooms) may not be contemporary, potentially requiring immediate cosmetic updates for modern buyers.