216 W Santa Fe Avenue Placentia, CA ^$ 2,248,000

216 W Santa Fe Avenue

^$ 2,248,000

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216 W Santa Fe Avenue

Placentia, CA, 92870

^$ 2,248,000

Bedrooms6 Baths7.0 Sq 3,750

Monthly Estimate*

^$ 15,703

Listed by Coldwell Banker Realty

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 1

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 2

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 3

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 4

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 5

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 6

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 7

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 8

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 9

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 10

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 11

216 W Santa Fe Avenue, Placentia, CA 92870 - Image 12

Multi-Family Home for sale in Placentia, CA

for $2,248,000 with 6 bedrooms and 7 full baths. This 3,750 square foot home was built in 1916 on a lot size of 0.06.

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.

Multi-Family Active

Price

^$ 2,248,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Spanish

Lot Size

0.06

Year Built

1916

Town/City

Placentia

County/Region

Orange

MLS | Web ID

24354777

Days on Market

107

Features

General

Heating WallFurnace

Cooling WallWindowUnits

Possession CloseOfEscrow

Architectural Style Spanish

Year Built 1916

Tenant Pays CableTV

View CityLights ParkGreenbelt

Stories 2

Levels Two MultiSplit

Gross Income 125340.0

County Orange

Net Operating Income 97351.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Buyer Financing Cash

Directions South of Chapman Ave to Bradford to Santa Fe Ave on south side of the street in downtown Old Town Placentia.

City Placentia

View Y/N Y

Senior Community Y/N N

Total Units 7

MLS Area 84 - Placentia

Lot Size Square Feet 2614.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Santa Fe

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 94

Standard Status Active

Occupancy Type Tenant

Cap Rate 4.33

Exterior

Parking Features Uncovered

Total Parking 3.0

Lot Size Area 2614.0

Number of Buildings 1

Spa N

Building Area Total 3750.0

Lot Size Acres 0.06

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 6

Electric On Property Y/N N

Total Baths 7

Internal Only

Street Number 1 216

* Excluded Features

List By

Coldwell Banker Realty

Broker

(310) 488-9826

Phone

Affordability Calculator

$15,703

Per Month

Monthly Principal & Interest: $15,703
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Placentia, CA

Average List Price ^$1,982,167

Percent of Sale Price 12%

About Placentia, CA

52,212 Population

11% Since 2002

^$82,745 Median Income

37.96 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$2,248,000	-7.45%	Price Down
2/28/2024	$2,429,000	-9.87%	Price Down
2/3/2024	$2,695,000		Listed Price

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216 W Santa Fe Avenue, Placentia, CA, 92870 is a Multi-Family Home for sale at $2,248,000 with 3,750 sqft and a lot size of 0.06. 216 W Santa Fe Avenue has 6 bedrooms, 7.0 baths, and was built in 1916. The property's zip code is 92870 which is in Placentia, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/19/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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216 W Santa Fe Avenue

Multi-Family Home for sale in Placentia, CA

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