216 W Santa Fe Ave Active

Placentia,CA 92870

$ 1995000

6 Beds

7 Baths

3750 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $532

MLS Listing ID 24-354777

Style Spanish

Bedrooms 6

Year Built 1916

Lot Size 2,614 Sqft

Acres 0.06

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 Placentia

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Wall/Window

Equipment Hood Fan, Built-Ins, Range/Oven

Exterior

Garage Uncovered

Garage Spaces 3.0

View Y/N Yes

View Green Belt, City Lights

Building

Story 2

Architectural Style Spanish

Level or Stories Multi/Split, Two

Others

Special Listing Condition Standard

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