Rare Find Duplex with a Phenomenal CAP rate opportunity. Your premier investment opportunity in the heart of Placentia! Totaling 2,034 square feet, including a (2 bedroom and 1 bath (Front Unit - 761 sq.ft.) and a 3 bedroom and 2 bath (Side Unit - 1273 sq.ft.). Situated on a Corner lot right across the street from Valencia High School. 2 car attached garage (1 for each unit), driveway space and plenty of street parking. Close to shopping, dining, banks, schools, places of worship and minutes away from freeway access. Don't miss this exceptional investment opportunity.
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. 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 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.
Placentia is located in California. Placentia, California has a population of 52,294. Placentia is less family-centric than the surrounding county with 36.16% of the households containing married families with children. The county average for households married with children is 36.16%.
The median household income in Placentia, California is $88,501. The median household income for the surrounding county is $81,851 compared to the national median of $57,652. The median age of people living in Placentia is 37.1 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 48.1 degrees. The average rainfall is approximately 13.9 inches per year, with 0 inches of snow per year.