Active

216 W Santa Fe Ave

Placentia CA, 92870

$1,995,000


$532.00 per sqft

Active

6 Beds

7 Baths

3,750 sqft

Multi-family

Built in 1916

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!

24-354777

MLS ID

February 2, 2024

Listed

December 11, 2024

Updated

Map

216 W Santa Fe Ave
Placentia CA, 92870

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

7


Appliances

Hood Fan, Built-Ins, Range/Oven


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.06 Acres


Architectual Style

Spanish

Other Property Details

Area Name

Placentia


Days on Market

306


Garage

No


Parking

Uncovered


Parking Total

3


View

Yes


View Description

Green Belt, City Lights


County

Orange


Pool

No

Listing History

Date

Event

Price

10/9/2024

Active

10/1/2024

Under contract

Listed by Richard R.J. Kas with Coldwell Banker Realty
Listing Contact: 310-488-9826 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Robert Molett shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/11/2024

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