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1571 Lima Way 5Placentia, CA 92870

For Sale

$550,000

Smart Buyer Rebate $5,500

$20,000 Grant Available for this property! Charming 1-bedroom, 2-bathroom condo in a well-maintained community in Placentia. This home offers a bright and functional layout with a spacious living area, kitchen with ample storage, and private balcony. Ideal for first-time buyers, investors, or anyone seeking low-maintenance living in a convenient Orange County location.

The property is close to shopping, dining, schools, and major freeways, making commuting and everyday life easy. Enjoy access to community amenities and a friendly neighborhood atmosphere.

Buyer to verify all property details, HOA rules, and any potential assessments.

Listed by Jack Toro

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License #02198741

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eHomes

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7147321429

Last updated April 12, 2026

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Source: CRMLS #CV26054009

Listing Facts

  • TypeCondo
  • NeighborhoodThe Canyon
  • Bedrooms1
  • Bathrooms1.5
  • Days on Prevu187
  • HOA/Maint. Fees$218/month
  • Size807 sqft
  • Price per sqft$682

Amenities

  • Dishwasher
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/21/2026
Status changed to Active
$550,000
06/01/2026
Status changed to Expired
$550,000
04/08/2026
Price Decreased
$550,000
03/25/2026
Price Decreased
$560,000
03/12/2026
Listed by eHomes
$570,000
  1. 07/21/2026$550,000
    Status changed to Active
  2. 06/01/2026$550,000
    Status changed to Expired
  3. 04/08/2026$550,000
    Price Decreased
  4. 03/25/2026$560,000
    Price Decreased
  5. 03/12/2026$570,000
    Listed by eHomes

Property Details for 1571 Lima Way 5

Association

Amenities

  • Association Amenities: Sport Court, Playground
  • Community Features: Park, Sidewalks

Fees

  • Association Fee: $218.00 Monthly
  • Association Fee Includes: Earthquake Insurance

General

  • Association Name: The Management Trust
  • Number Of Units In Community: 151

Exterior

Construction

  • Number Of Units Total: 1
  • Property Attached: Yes
  • Stories Total: 3
  • Structure Type: House
  • Window Features: Double Pane Windows
  • Year Built: 2023
  • Builder Name: Landsea
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Exterior Features: Balcony

Features

  • Road Frontage Type: City Street
  • View: Neighborhood

Measurements

  • Lot Size Acres: 5.53
  • Lot Size Area: 241,096
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 241,096
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 93943242

Interior

Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan
  • Flooring: Carpet
  • Interior Features: Eat-in Kitchen, High Ceilings, Pantry, Walk-In Closet(s)

Measurements

  • Living Area: 807
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 1
  • Main Level Bathrooms: 1

Other

Location

  • Tax Lot: 1

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached, Guest
  • Parking Total: 1

Schools

High School

  • High School District: Placentia-Yorba Linda Unified

Utilities

Equipment

  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1.5 bathrooms in this condo at 1571 Lima Way 5.

Does this condo have parking?

Yes, there is 1 parking space available for 1571 Lima Way 5.

How does 1571 Lima Way 5 compare to other condos in The Canyon?

This condo is listed 18% below the average price for condos in The Canyon and has been on the market for 140 more days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is part of the The Management Trust home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 807 sqft.

1571 Lima Way 5 is a 1-bedroom, 1.5-bath condo for sale in Placentia CA 92870. On Prevu for 187 days at $550,000. This includes a recent price decrease of $10,000. This home features 807 square feet of living space, located in The Canyon. The median listing price for condos in this area is $784,500. Additional amenities include dishwasher, air conditioning, parking, and swimming pool. Explore more condo listings in Anaheim.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.