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Placentia, CA 92870 216 W Santa Fe Avenue

$2,429,000

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Presented By: Richard R.J. Kas with Coldwell Banker Realty;
  • MLS# 24354777
  • 02/02/2024
  • Request Tour
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  • BedBeds • 6
  • BathBaths • 7
  • FootageSQFT • 3,750

Home Details

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.
Presented By: Richard R.J. Kas with Coldwell Banker Realty;

Interior Features for 216 W Santa Fe Avenue

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths7

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixAvenue
Total Stories2

General for 216 W Santa Fe Avenue

Additional Parcels Y/NNo
Architectural StyleSpanish
Attached Garage No
Buyer FinancingCash
Cap Rate4.01
Carport Y/NNo
CityPlacentia
CoolingWallWindowUnits
CountyOrange
Days on Market25
DirectionsSouth of Chapman Ave to Bradford to Santa Fe Ave on south side of the street in downtown Old Town Placentia.
Garage Y/NNo
Gross Income125340.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo, MultiSplit
Lot Size Square Feet2614.0
MLS Area84 - Placentia
MobileHomeRemainsYNNo
Net Operating Income97351.0
New ConstructionNo
Occupancy DescriptionTenant
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameSanta Fe
Tenant PaysCableTV
Total Units7
ViewCityLights, ParkGreenbelt
View Y/NYes
Waterfront Y/NNo
Year Built1916

Exterior for 216 W Santa Fe Avenue

Building Area Total3750.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.06
Lot Size Area2614.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesUncovered
SpaNo
Total Parking3.0

Additional Details

Price History

1527188455

First Team Client Services

Price $2,429,000
MLS#24354777
List Date 02/02/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors