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229 S Main St, Placentia, CA 92870
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229 S Main St Placentia, CA 92870

$1,415,000 Sold Price as of 01/05/2022
  • 10 Beds
  • 7 Baths
  • 3,734 Sq.Ft.
Sold
$1,415,000 Sold Price as of 01/05/2022 Refinance Your Mortgage
Map preview of 229 S Main St, Placentia, CA 92870

Property Overview: 229 S Main St Placentia, CA has 10 bedrooms, 7 bathrooms, 3,734 living square feet and 5,663 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare finding almost brand new Duplex (2020 built) with a phenomenal CAP rate($3,500/M x 2units/tenant paid on time, never late) in the heart of Placentia city. Each unit has 1,867 square feet with 5 bedrooms(one bed downstairs with own full bath), 3.5 bathrooms, own laundry room and two car detached garage. Two separate addresses (229 S. Main and 229 ½ S. Main) and separated utility(Water, gas, electric) meters. Side and back yards have their own private patio and BBQ island. These provided perfect privacies for both families and the owner could live in one unit. Close to great schools (Ruby Drive Elem(0.6 mile), middle(0.5 mile) and Valencia high(0.4 mile)), banks, shopping, supermarkets, church, memorial park, HIU, . Located near Cal State Fullerton and downtown Placentia and minutes away from the freeway access(57 & 91 Freeways). Don’t miss this exceptional investment or free of living opportunity.

Listed by John Choi | BRE #00976722 | Presidential R/E II
Last checked: 7 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
5,663
HOA Dues
$0/mo
Year built
2020
Garage
4 Car
Property Type:
Duplex
Status
Sold
MLS#
RS21216634
City
Placentia
County
Orange
Time on Site
965 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.21%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,000
  • Net Operating Income: $84,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $18,000
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $2,000
  • Water/Sewer: $0

Property Details for 229 S Main St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Individual Room, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Block Walls
  • Levels: Two
  • Window Features: ENERGY STAR Qualified Windows
  • Security Features: Fire and Smoke Detection System
Exterior Features
Exterior Information
  • Roof: Concrete
  • Has Fence
  • Block
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage Door Opener
Lot Information
  • Lot Features: 16-20 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 33936418
  • Year Built Source: Builder
  • Property is Attached
  • Property Condition: Building Permit
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Perc Test On File, Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Alta Placentia (ALPL)
  • Directions: s-chapman e-57 fwy
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Placentia Agent

Sale History for 229 S Main St

Last sold for $1,415,000 on January 5th, 2022

  • January, 2022

  • Jan 5, 2022

    Date

    Sold

    CRMLS: RS21216634

    $1,415,000

    Price

  • September, 2021

  • Sep 28, 2021

    Date

    Price Change

    CRMLS: RS21207838

    $1,490,000

    Price

  • Sep 21, 2021

    Date

    Coming Soon

    CRMLS: RS21207838

    $1,590,000

    Price

  • Listing provided courtesy of CRMLS

    Rare finding almost brand new Duplex (2020 built) with a phenomenal CAP rate($3,500/M x 2units/tenant paid on time, never late) in the heart of Placentia city. Each unit has 1,867 square feet with 5 bedrooms(one bed downstairs with own full bath), 3.5 bathrooms, own laundry room and two car detached garage. Two separate addresses (229 S. Main and 229 ½ S. Main) and separated utility(Water, gas, electric) meters. Side and back yards have their own private patio and BBQ island. These provided perfect privacies for both families and the owner could live in one unit. Close to great schools (Ruby Drive Elem(0.6 mile), Kreamer middle(0.5 mile) and Valencia high(0.4 mile)), banks, shopping, supermarkets, church, memorial park, HIU, . Located near Cal State Fullerton and downtown Placentia and minutes away from the freeway access(57 & 91 Freeways). Don’t miss this exceptional investment or free of living opportunity.

  • June, 2020

  • Jun 16, 2020

    Date

    Leased

    CRMLS: PW20078148

    $3,500

    Price

  • Jun 10, 2020

    Date

    Active

    CRMLS: PW20078148

    $3,500

    Price

  • Jun 9, 2020

    Date

    Pending

    CRMLS: PW20078148

    $3,500

    Price

  • Apr 23, 2020

    Date

    Active

    CRMLS: PW20078148

    $3,500

    Price

  • Listing provided courtesy of CRMLS

  • August, 2018

  • Aug 21, 2018

    Date

    Sold

    CRMLS: 18343222

    $340,000

    Price

  • Aug 2, 2018

    Date

    Active Under Contract

    CRMLS: 18343222

    --

    Price

  • Jul 12, 2018

    Date

    Withdrawn

    CRMLS: 18343222

    --

    Price

  • May 15, 2018

    Date

    Active

    CRMLS: 18343222

    --

    Price

  • May 11, 2018

    Date

    Hold

    CRMLS: 18343222

    --

    Price

  • Listing provided courtesy of CRMLS

    Offers must be received by no later than 5:00PM PST on June 11, 2018. Buyers are required to submit their offer in writing electronically. Buyer will be selected by Seller in its sole and absolute discretion based on a variety of factors including but not limited to: purchase price;due diligence timing;experience; qualifications; proposed use of the property; financial capacity; and compliance with the City of Placentia zoning code.

  • August, 2018

  • Aug 20, 2018

    Date

    Sold (Public Records)

    Public Records

    $340,000

    Price

  • June, 2010

  • Jun 17, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 229 S Main St

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $340,000 -- --

Home Value Compared to the Market

This property vs the competition

229 S Main St sold on January 5, 2022 for 48.26% higher than the current median sold price for the city of Placentia which is $1,005,000. The median sold price per/sqft for Placentia is $569 and this home is sold at $399.04 per/sqft which puts the price per square foot 29.87% lower than the current median sale per square foot for the city of Placentia.

About 229 S Main St

Detailed summary of property

229 S Main St is a duplex that recently sold in Placentia, CA 92870. This duplex offered 10 bedrooms, 7 bathrooms, roughly 3,734 living square feet, and sits on an approximately 5,663 square foot lot. 229 S Main St was first listed on ArdentRealEstateGroup.com on September 29, 2021. The homeowner sold the property for $1,415,000. Home in Placentia are selling for a median price of $1,005,000 and a median price per square foot of $569. Based on Ardent Real Estate Group's Placentia Market Data, this home is sold 48.26% higher than the current median priced home. Local homes that are currently for sale include 2066 S Haster St, 915 W Maple Ave and 310 N Muller St. While the average home in Placentia, CA is selling in 34 days, 229 S Main St has a days on market of 55 days. There are currently 67 homes for sale in the Placentia real estate market and 45 of them are single family homes while 20 of them are condos and 2 are townhomes. For more information on this home for sale at 229 S Main St Placentia, CA 92870 contact Ardent Real Estate Group and we will put you in touch with one of our Placentia agents.

Public Facts for 229 S Main St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
6,119
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
Orange
Lot#
8
APN
339-364-18

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
$900,000
Median List Price/Sq.Ft.
$581
Median Sold Price
$991,000
Median Sold Price/Sq.Ft.
$569
Total Inventory
67
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%)

Thinking of Selling?

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(714) 706-1823

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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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