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225 W Madison Avenue Placentia, CA 92870
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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
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Bought with Chad Langseth • Keller Williams Realty