Rare multifamily investment opportunity in the heart of Placentia. This well-maintained triplex is situated on an expansive 27,060 SF R2 Low/Medium Density lot, offering a unique combination of stable in-place income and long-term upside. The property features one (1) 3-bedroom, 1.5-bath unit and two (2) 2-bedroom, 1-bath units with ample on-site parking and attractive outdoor space. The oversized parcel provides potential opportunities for future ADU development or redevelopment (buyer to verify with the City of Placentia). Conveniently located near shopping, dining, schools, parks, and major freeways, this is a rare opportunity to acquire a well-located multifamily asset with exceptional land value in North Orange County.
| MLS # | NP26154932 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 50 |
| Listing Provided By | Gould Group Inc | Nick Gould |
| SQ Feet | 3,018 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 2 |
| Acreage | 0.62 |
| Property View | None |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Fireplace Yes / No | Yes |
| Construction Materials | Stucco |
|---|---|
| Lot Features | Two To Five Units Acre |
| Fencing | Chain Link |
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Community Features | Curbs, Gutters, Storm Drains, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Orange |
| City | Placentia |
| Zip Code | 92870 |
| Area | 84 Placentia |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,499,000 low | high Med: $808,990 sqft: 3,018 low | high Med: 3,161 $ / sqft: $497 low | high Med: $256 On site: 50 low | high Med: 22 | |
| State | CA |
|---|---|
| County | Orange |
| City | Placentia |
| Zip Code | 92870 |
| Area | 84 Placentia |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $1,499,000 low | high Med: $808,990 sqft: 3,018 low | high Med: 3,161 $ / sqft: $497 low | high Med: $256 On site: 50 low | high Med: 22 | |