Placentia, CA 92870,225 W Madison Avenue
Placentia, CA 92870,225 W Madison Avenue
Placentia, CA 92870,225 W Madison Avenue
55
$1,600,000
$1,500,000
6.7%
Est.Price: ?

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5 BD
2 BA
1,950 SqFt

225 W Madison Avenue Placentia, CA 92870

Est. payment /mo
SOLD DATE : 04/05/2022

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Key Details

Sold Price $1,600,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $820

MLS Listing ID PW22040142

Style Detached

Bedrooms 5

Full Baths 2

Year Built 1959

Lot Size 0.949 Acres

Property Description

Are you looking for an opportunity to own one of the most unique properties in Placentia? Even better, are you looking for a property with development potential? This property is just perfect for someone with vision and the ability to help it reach its highest and best use. With the right investor/developer, this property could be the jewel in your portfolio. This property has been in the same family for such a long time and has been a part of so many wonderful memories. Currently, this property has a lovely 5 bedroom, 2 full bath home with 1,950 square feet of living space. More importantly, this property sits on a massive 41,360 square foot lot with plenty room to develop and build. Currently, the property next door, with the same lot dimensions, houses three duplexes and one single family residence. Each of these units are 2 bedrooms, 1 bathroom units. (7 units total). Interested buyers are encouraged to check with the city for zoning options, create your plans, and start the process of creating an amazing revenue source for years to come. With multi-family possibilities and a blank slate, you will love the upside potential and this property could be exactly what you have been looking for. Located in Placentia, California and close to great schools, parks, entertainment, and shopping, this investment opportunity is one of a kind. Located near Cal State Fullerton , this wonderful property is easily accessible to multiple freeways, is in the heart of North Orange County, and near great property development projects and city funded projects. This is where you want to own yo
Are you looking for an opportunity to own one of the most unique properties in Placentia? Even better, are you looking for a property with development potential? This property is just perfect for someone with vision and the ability to help it reach its highest and best use. With the right investor/developer, this property could be the jewel in your portfolio. This property has been in the same family for such a long time and has been a part of so many wonderful memories. Currently, this property has a lovely 5 bedroom, 2 full bath home with 1,950 square feet of living space. More importantly, this property sits on a massive 41,360 square foot lot with plenty room to develop and build. Currently, the property next door, with the same lot dimensions, houses three duplexes and one single family residence. Each of these units are 2 bedrooms, 1 bathroom units. (7 units total). Interested buyers are encouraged to check with the city for zoning options, create your plans, and start the process of creating an amazing revenue source for years to come. With multi-family possibilities and a blank slate, you will love the upside potential and this property could be exactly what you have been looking for. Located in Placentia, California and close to great schools, parks, entertainment, and shopping, this investment opportunity is one of a kind. Located near Cal State Fullerton , this wonderful property is easily accessible to multiple freeways, is in the heart of North Orange County, and near great property development projects and city funded projects. This is where you want to own your next investment opportunity. Hurry, this property will not last long!

Location

State CA

County Orange

Area Oc - Placentia (92870)

Interior

Cooling Central Forced Air

Flooring Laminate

Equipment Disposal, Double Oven, Vented Exhaust Fan

Laundry Kitchen

Exterior

Exterior Feature Wood, Rammed Earth

Parking Features Garage, Garage - Two Door

Garage Spaces 2.0

Fence Average Condition, Chain Link

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available, Sewer Connected, Water Connected

View Neighborhood

Roof Type Composition

Building

Lot Description Curbs, Sidewalks

Story 1

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

Read Less


San Diego Regional MLS (SDMLS)
Listed by Craig Martin • T.N.G. Real Estate Consultants
Bought with Chad Langseth • Keller Williams Realty

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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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