Placentia, CA 92870,225 W Madison Avenue
Placentia, CA 92870,225 W Madison Avenue
Placentia, CA 92870,225 W Madison Avenue
9
$1,725,000
$1,795,000
3.9%
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 : 07/14/2022

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Key Details

Sold Price $1,725,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $884

MLS Listing ID PW22099936

Style Detached

Bedrooms 5

Full Baths 2

Year Built 1959

Lot Size 0.949 Acres

Property Description

Youre gonna want to RUN not WALK to this very unique piece of property that is centrally located to just about EVERYTHING! Its unique because rarely do you see almost an acre of land with such a blank canvas, in addition there are so many different development options you have as well. Due to the recently created and approved Senate Bill 9 there are even more ways that you can creatively convert this property to 4 full sized single family homes! You would start with an SB9 Lot Split creating 2 20,000 sq.ft. lots. The city of Placentia Planning Department endorses SB9 therefore you would submit an application for a lot split and each lot will have its own APN. At that point you would submit plans to the city for development as a normal New Construction application. There is even an opportunity to add a 500 sq.ft attached Jr. ADU to each parcel as well, bringing the total to 6 separate units! This would be the ultimate Multi Generational option for a family looking for enough room for all of the extended family! Dont miss this awesome opportunity, its truly a once in a life time!
Youre gonna want to RUN not WALK to this very unique piece of property that is centrally located to just about EVERYTHING! Its unique because rarely do you see almost an acre of land with such a blank canvas, in addition there are so many different development options you have as well. Due to the recently created and approved Senate Bill 9 there are even more ways that you can creatively convert this property to 4 full sized single family homes! You would start with an SB9 Lot Split creating 2 20,000 sq.ft. lots. The city of Placentia Planning Department endorses SB9 therefore you would submit an application for a lot split and each lot will have its own APN. At that point you would submit plans to the city for development as a normal New Construction application. There is even an opportunity to add a 500 sq.ft attached Jr. ADU to each parcel as well, bringing the total to 6 separate units! This would be the ultimate Multi Generational option for a family looking for enough room for all of the extended family! Dont miss this awesome opportunity, its truly a once in a life time!

Location

State CA

County Orange

Area Oc - Placentia (92870)

Interior

Cooling Central Forced Air

Exterior

Garage Spaces 2.0

Building

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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San Diego Regional MLS (SDMLS)
Listed by Chad Langseth • Keller Williams Realty
Bought with Thomas Santoro • Crane Real Estate

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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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