216 W Santa Fe Ave, Placentia, California, United States

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Home For Sale

$1,995,000

216 W Santa Fe Ave
Placentia, California, United States

6bd 7ba

Listed By: Realtyww Info

Listed On: 09/08/2024

Listing ID: GL11273109 View More Details

Description

Mixed Use Building in the heart of Old Town Placentia. Add Value and Opportunity Zone. Mass area gentrification. Live, Work, Play! 6 residential and 1 commercial unit. Commercial Business included in sale. Additional income from business ownership. Income Breakdown: Laundromat: $5, 564/mo. and 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 and Streetscape approved and in place. Once in a lifetime opportunity!

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Listed by: Richard Kas