Placentia, CA 92870 216 W Santa Fe Avenue
$2,248,000
7 more
Presented By: Richard R.J. Kas with Coldwell Banker Realty
Home Details
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.
Presented By: Richard R.J. Kas with Coldwell Banker Realty
Interior Features for 216 W Santa Fe Avenue
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths7
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Heating Y/NYes
Street SuffixAvenue
Total Stories2
General for 216 W Santa Fe Avenue
Architectural StyleSpanish
Buyer FinancingCash
Cap Rate4.33
CityPlacentia
CoolingWall/Window Unit(s)
CountyOrange
Days on Market94
DirectionsSouth of Chapman Ave to Bradford to Santa Fe Ave on south side of the street in downtown Old Town Placentia.
Gross Income125340
HOA / Comm AssnNo
HeatingWall Furnace
LevelsTwo, Multi/Split
Lot Size Square Feet2614
MLS Area84 - Placentia
Net Operating Income97351
New ConstructionNo
Occupancy TypeTenant
PossessionClose Of Escrow
Property TypeResidential Income
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Street NameSanta Fe
Tenant PaysCable TV
Total Units7
ViewCity Lights, Park/Greenbelt
View Y/NYes
Year Built1916
Exterior for 216 W Santa Fe Avenue
Building Area Total3750
Lot Size Acres0.06
Lot Size Area2614
Lot Size UnitsSquare Feet
Number of Buildings1
Parking FeaturesUncovered
Total Parking3
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480