$ 1,995,000
216 W Santa Fe AVE Placentia, CA 92870
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$ 1,995,000
Est. payment | /mo
6 Beds
7 Baths
3,750 SqFt
$ 1,995,000
Est. payment | /mo
6 Beds
7 Baths
3,750 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $532
MLS Listing ID 24354777
Bedrooms 6
HOA Y/N No
Year Built 1916
Lot Size 2,613 Sqft
Property Description
Mixed Use Building in the heart of Old Town Placentia. Add Value & Opportunity Zone. Mass area gentrification. Live, Work, Play! 6 residential & 1 commercial unit. Commercial Business included in sale. Additional income from business ownership. Income Breakdown: Laundromat: $5,564/mo. & 6 Residential Rental Units: $7,245/mo. Total: $153,710/yr. This is a unique opportunity to get in front of and be a part of a massive revitalization project which will completely transform this area to a one-of-a kind destination. Perhaps help shape the area with you own vision. This property is located directly in "ground zero" of the City of Placentia's multi faceted revitalization. New approved Metrolink Station and parking structure directly in the rear of the subject property. New Packing House District Plan and the New Old Town Placentia Revitalization Plan & Streetscape approved and in place. Once in a lifetime opportunity!
Location
State CA
County Orange
Area 84 - Placentia
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Uncovered
View Y/N Yes
View City Lights, Park/Greenbelt
Total Parking Spaces 3
Building
Story 2
Entry Level Two,Multi/Split
Architectural Style Spanish
Level or Stories Two, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 33939306
Financing Cash
Special Listing Condition Standard
Listed by Richard R.J. Kas • Coldwell Banker Realty
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Valerie Castle
Partner | Lic# DRE# 01065018/02178736