A rare value-add opportunity in one of Placentia’s most stable, long-term appreciation markets.
Welcome to a classic 3-bedroom, 2-bath single-story home offering incredible upside for both investors and homeowners looking to design their dream space. Originally built in 1928 and thoughtfully reimagined in the 1980s, this home blends its original character with solid bones—making it the perfect blank canvas for your next project.
Sitting on a 5,400 sq ft lot, the property offers a spacious backyard with room to reconfigure, expand, garden, or create the outdoor living space you’ve always wanted. Investors will appreciate the detached two 1-car garages, creating multiple possibilities: convert one into an ADU, use both for storage, or explore added rental income pathways.
Inside, you’ll find three full-sized bedrooms, two functional bathrooms, and a layout that lends itself perfectly to cosmetic updating, full renovation, or future expansion. Whether your vision is a modern rental, a long-term family home, or a complete redesign—this property is a rare chance to maximize value your way.For investors, this home checks all the boxes: location, lot size, rental potential, and value-add opportunity.
For primary buyers, it’s the freedom to renovate, personalize, and build long-term wealth through homeownership.
If you're looking for a project with massive potential and a chance to capitalize on the long-term Placentia market—this is the one.
Sold for $690,000
Listed by: eXp Realty of California Inc • Frank Del Rio • Contact: 714-978-4218
Bought with: First Team Real Estate
$690,000
936 Cypress Ave, Placentia, CA 92870
3beds
1,040sqft
Single Family Residence
Built in 1928
5,400 Square Feet Lot
$696,600 Zestimate®
$663/sqft
$3,565 Estimated rent
Home value
$696,600
$641,000 - $752,000
$3,565/mo
Zestimate® history
Owner options
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$3,565/mo
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$3,565/mo
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$4,380/mo
Est. payment
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$4,380/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Frank Del Rio DRE #01321550 fdroffers@gmail.com,
eXp Realty of California Inc
Bought with:
Kerry Nguyen, DRE #02246809
First Team Real Estate
Source: CRMLS,MLS#: PW25265077
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathtub
Kitchen
- Features: Kitchen/Family Room Combo, Laminate Counters
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Water Heater
- Laundry: None
Features
- All Bedrooms Down
- Flooring: Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,040 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Door-Multi, Driveway, Garage Faces Front, Garage, Off Street
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: ground
- Patio & porch: Front Porch
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 5,400 Square Feet
- Features: Cul-De-Sac
Details
- Parcel number: 34414308
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Foundation: Pier Jacks
- Roof: Composition
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Other
Location
- Region: Placentia
Financial & listing details
- Price per square foot: $663/sqft
- Tax assessed value: $612,000
- Annual tax amount: $7,354
- Date on market: 11/24/2025
- Cumulative days on market: 28 days
- Listing terms: Cash,Cash to New Loan,Conventional,Submit,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2026 | Sold | $690,000-1.3%$663/sqft |
Source:  CRMLS #PW25265077 Report a problem | ||
| 12/22/2025 | Pending sale | $699,000$672/sqft |
Source: CRMLS #PW25265077 Report a problem | ||
| 11/25/2025 | Listed for sale | $699,000$672/sqft |
Source: CRMLS #PW25265077 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,354 +2.3% | $612,000 +2% |
| 2024 | $7,189 +194% | $600,000 +295.6% |
| 2023 | $2,445 +3.1% | $151,677 +2% |
| 2022 | $2,371 +3.8% | $148,703 +2% |
| 2021 | $2,284 -0.2% | $145,788 +1% |
| 2020 | $2,289 | $144,294 +2% |
| 2019 | $2,289 +4.6% | $141,465 +2% |
| 2018 | $2,187 +3.3% | $138,692 +2% |
| 2017 | $2,117 | $135,973 +2% |
| 2016 | $2,117 +1.9% | $133,307 +1.5% |
| 2015 | $2,077 +4.1% | $131,305 +2% |
| 2014 | $1,996 | $128,733 +0.5% |
| 2013 | -- | $128,152 +2% |
| 2012 | -- | $125,640 +2% |
| 2011 | -- | $123,177 +0.8% |
| 2010 | -- | $122,257 -0.2% |
| 2009 | -- | $122,548 +2% |
| 2008 | -- | $120,146 +2% |
| 2007 | -- | $117,791 +2% |
| 2006 | -- | $115,482 +2% |
| 2005 | -- | $113,218 +2% |
| 2004 | -- | $110,999 +1.9% |
| 2003 | -- | $108,965 +2% |
| 2002 | -- | $106,829 +2% |
| 2001 | $1,329 +2.1% | $104,735 +2% |
| 2000 | $1,302 | $102,682 |
Find assessor info on the county website
Neighborhood: 92870
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Nearby schools
GreatSchools rating
- 8/10Melrose Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Valadez Middle School AcademyGrades: 6-8Distance: 0.4 mi
- 9/10Valencia High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- High: Valencia
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$696,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$696,600
- California
- Orange County
- Placentia
- 92870
- 936 Cypress Ave
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