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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!
Property Type(s):
Residential Income
| Last Updated | 10/9/2024 | Year Built | 1916 |
|---|---|---|---|
| Community | Placentia | County | Orange |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Placentia |
| GARAGE | Uncovered |
| HEAT | Wall Furnace |
| LOT | 2614 sq ft |
| PARKING | Uncovered |
| STORIES | 2 |
| STYLE | Spanish |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights,Park/Greenbelt |
Location
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Listed with Coldwell Banker Realty
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