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216 W Santa Fe Avenue

Placentia, CA 92870
  • $2,429,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: 24354777
Price Reduced
UPDATED: 1 min ago
$2,429,000
  • 6
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,750
    SQFT
  • $648
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1916
County:

School Ratings & Info

Listing Agent(s): Richard R.J. Kas of Coldwell Banker Realty (310-777-6200)


Description

Mixed Use Building in the heart of Old Town Placentia downtown. 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. 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 new 246 space multi level 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T08:28:31.03. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
www.briannasellshomes.com/homes/147242611
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216 W Santa Fe Avenue Placentia, CA 92870

  • Price: $2,429,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 1 min ago
  • ID#: 24354777
6
Beds
0
Baths
0
½ Baths
0.06
Acres
3,750
SQFT
$648
$/SQFT
1916
Built
Neighborhood:
84 - Placentia
County:
Orange
Area:
84 - Placentia
Property Description
Mixed Use Building in the heart of Old Town Placentia downtown. 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. 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 new 246 space multi level 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.
Exterior Features

Architectural Style Spanish Parking Features Uncovered Parking Total 3 View City LightsPark/Greenbelt View YN Yes

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Buyer Financing Cash Cap Rate 4.01 Gross Income 125340 Levels TwoMulti/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 97351 New Construction YN No Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TV Vacancy Allowance Rate 0



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T08:28:31.03. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
 
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Brianna Miller | Synergy Real Estate
140 N. Harvard Avenue #341
Claremont CA, 91711
Listing Agent(s): Richard R.J. Kas of Coldwell Banker Realty (310-777-6200)