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216 W Santa Fe Ave, Placentia, CA 92870
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216 W Santa Fe Ave Placentia, CA 92870

$2,429,000
  • 36 Beds
  • 37 Baths
  • 3,750 Sq.Ft.
For Sale
$2,429,000 Get Pre-Qualified
Map preview of 216 W Santa Fe Ave, Placentia, CA 92870

Property Overview: 216 W Santa Fe Ave Placentia, CA has 36 bedrooms, 37 bathrooms, 3,750 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Richard R.J. Kas | BRE #01352771 | Coldwell Banker Realty
Last checked: 15 minutes ago | Last updated: February 28th, 2024 | Source CRMLS | DOM: 76
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Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1916
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24354777
City
Placentia
County
Orange
Time on Site
89 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 6
  • # of Baths: 6
  • Furnishing: Unfurnished
  • Actual Rent: $1,207
  • Total Rent: $7,245
  • Pro Forma/Market Rent: $7,245
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.01%
  • Gross Rent Multiplier: 19.38
  • Gross Scheduled Income: --
  • Net Operating Income: $97,351
  • Gross Operating Income: $125,340
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 216 W Santa Fe Ave

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Property Details for 216 W Santa Fe Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split, Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Uncovered
Property Information
  • Has View
  • View: Park/Greenbelt, City Lights
  • Total # of Units: 7
  • Parcel Number: 33939306
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Chapman Ave to Bradford to Santa Fe Ave on south side of the street in downtown Old Town Placentia.
View more facts & features

Local Placentia Agent

Sale History for 216 W Santa Fe Ave

Last sold on April 20th, 2020

  • February, 2024

  • Feb 2, 2024

    Date

    Active

    CRMLS: 24354777

    $2,695,000

    Price

  • November, 2023

  • Nov 1, 2023

    Date

    Expired

    CRMLS: 23258579

    $2,795,000

    Price

  • Apr 10, 2023

    Date

    Active

    CRMLS: 23258579

    $2,995,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed Use Building in the heart of Old Town Placentia downtown. Add Value & Opportunity Zone. Mass area gentrification. Live, Work, Play! Commercial Business included in sale. 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.

  • December, 2022

  • Dec 1, 2022

    Date

    Expired

    CRMLS: 22180751

    $3,175,000

    Price

  • Jul 19, 2022

    Date

    Active

    CRMLS: 22180751

    $3,325,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed Use Building in the heart of Old Town Placentia downtown. Add Value & Opportunity Zone. Mass area gentrification. Live, Work, Play! Commercial Business included in sale. 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.

  • April, 2020

  • Apr 20, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2017

  • Apr 26, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,025,000

    Price

Show More

Tax History for 216 W Santa Fe Ave

Assessed Value (2020): $1,050,404
Year Land Value Improved Value Assessed Value
2020 $546,210 $504,194 $1,050,404

Home Value Compared to the Market

This property vs the competition

216 W Santa Fe Ave is listed 155.68% higher than the median list price for the city of Placentia which has a median list price of $950,000. The median price per/sqft for Placentia is $566 and this home is listed at $647.73 per/sqft which puts the price per square foot 14.44% higher than the median price per square foot for the city of Placentia.

About 216 W Santa Fe Ave

Detailed summary of property

216 W Santa Fe Ave is a multi family located in Placentia, CA 92870 and is currently for sale. This multi family property offers 36 bedrooms, 37 bathrooms, roughly 3,750 living square feet, and sits on an approximately 2,614 square foot lot. 216 W Santa Fe Ave was first listed on ArdentRealEstateGroup.com on February 3, 2024. The homeowner is currently asking $2,429,000 and was originally asking $2,695,000. The median priced home in Placentia is $950,000 with a median price per square foot of $566. Based on Ardent Real Estate Group's Placentia Market Data, this home is listed 155.68% higher than the median priced home. Local competing homes currently for sale include 402 W Fairway Dr, 2112 S Cindy Pl and 12621 Morningside Ave. While the average home in Placentia, CA is selling in 36 days, 216 W Santa Fe Ave has a days on market of 76 days. There are currently 68 homes for sale in the Placentia real estate market and 48 of them are single family homes while 18 of them are condos and 2 are townhomes. For more information on this home for sale at 216 W Santa Fe Ave Placentia, CA 92870 contact Ardent Real Estate Group and we will put you in touch with one of our Placentia agents.

Public Facts for 216 W Santa Fe Ave

Public county record property details
Beds
--
Baths
--
Year built
1916
Sq. Ft.
3,146
Lot Size
2,833
Stories
2
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Orange
Lot#
4
APN
339-393-06

The source for these homes facts are from public records.

92870 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$950,000
Median List Price/Sq.Ft.
$566
Median Sold Price
$991,000
Median Sold Price/Sq.Ft.
$569
Total Inventory
68
Median Sale to List Price %
103.77%
Avg Days on Market
20
Loan Type
Conventional (46.88%), FHA (9.38%), VA (3.13%), Cash (25%), Other (15.63%)

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Recently Sold Homes Near 216 W Santa Fe Ave

229 S Main St, Placentia, CA 92870
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225 S main St, Placentia, CA 92870
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208 Murray St, Placentia, CA 92870
$650,000 Last Sold Price
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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