225 W Madison Avenue, Placentia CA, 92870

Sold

225 W Madison Avenue

Placentia CA, 92870

$1,725,000

$41.71 per sqft

Sold

0.95 Acres

Land

Listed by Chad Langseth with Keller Williams Realty 714-584-2700

You're gonna want to RUN not WALK to this very unique piece of property that is centrally located to just about EVERYTHING! It's unique because rarely do you see almost an acre of land with such a blank canvas, in addition there are so many different development options you have as well. Due to the recently created and approved Senate Bill 9 there are even more ways that you can creatively convert this property to 4 full sized single family homes!

You would start with an SB9 Lot Split creating 2 20,000 sq.ft. lots. The city of Placentia Planning Department endorses SB9 therefore you would submit an application for a lot split and each lot will have it's own APN. At that point you would submit plans to the city for development as a normal "New Construction" application. There is even an opportunity to add a 500 sq.ft attached Jr. ADU to each parcel as well, bringing the total to 6 separate units! This would be the ultimate Multi Generational option for a family looking for enough room for all of the extended family! Don't miss this awesome opportunity, it's truly a once in a life time! Buyer to verify all information

PW22099982

MLSⓇ ID

May 12, 2022

Listed

March 23, 2024

Updated

Map

225 W Madison Avenue
Placentia CA, 92870

Exterior/Building Features

Lot Size: 0.95 Acres
Lot Features: Lot Over 40000 Sqft, Rectangular Lot, Yard
Sewer: Public Sewer

Other Property Details

Area Name: 84 - Placentia
Days on Market: 54
Garage: No
View: No
View Description: None
County: Orange
Water Source: Public
Pool: No
Zoning: R1, SFR
Buyer Agency Compensation: 1.5%

Listing Contact: 714-584-2700

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:43 AM UTC