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216 W Santa Fe Ave
216 W Santa Fe Ave
216 W Santa Fe Ave
216 W Santa Fe Ave
216 W Santa Fe Ave
216 W Santa Fe Ave
216 W Santa Fe Ave
216 W Santa Fe Ave
216 W Santa Fe Ave
216 W Santa Fe Ave
216 W Santa Fe Ave
216 W Santa Fe Ave
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$1,995,000

216 W Santa Fe Ave

6 Beds 7 Baths 3,750 Sq.Ft.

Description

Mixed Use Building in the heart of Old Town Placentia. 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. Income Breakdown: Laundromat: $5,564/mo. & 6 Residential Rental Units: $7,245/mo. Total: $153,710/yr. 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 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!

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Location

216 W Santa Fe Ave, Placentia, CA 92870

Status

For Sale

Property Amenities

View additional property information below.
Interior
Appliances Hood Fan, Built-Ins, Range/Oven
Total Bedrooms: 6
Area & Lot
Lot Area 2,614 Sq.Ft.
Living area 3,750 Sq.Ft.
MLS® ID 24-354777
Year Built 1916
View Description Green Belt,City Lights
Architecture Styles Spanish
Type Multi-Family
Status For Sale
Exterior
Stories 2
Air conditioning Wall/Window
Heat type Wall
Parking Uncovered
Finance
Sales Price $1,995,000

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