Placentia Homes with Apartment Subtype

Welcome to Placentia, California, a charming city nestled in the heart of Orange County. Known for its family-friendly atmosphere and vibrant community spirit, Placentia offers a unique blend of suburban tranquility and convenient access to urban amenities. With a rich history dating back to the 1800s, this city boasts beautiful tree-lined streets, well-maintained parks, and a variety of recreational activities, making it an ideal place for families, young professionals, and retirees alike.

In Placentia, you’ll find a diverse range of homes that cater to various lifestyles, including those with apartment subtypes. These homes offer the perfect solution for multi-generational living or additional rental income opportunities. Imagine a spacious property where you can enjoy the comfort of your own private residence while also having the option to host family members or generate income from tenants in an attached apartment.

The real estate market in Placentia is thriving, with properties that showcase modern amenities and thoughtful designs. The homes with apartment subtypes often feature separate entrances, full kitchens, and living spaces, ensuring privacy and independence for all occupants.

Living in Placentia means you’re just a stone’s throw away from excellent schools, shopping centers, and dining options. Plus, with easy access to major freeways, you can effortlessly explore all that Orange County has to offer, from stunning beaches to world-renowned attractions.

Discover your dream home in Placentia today, where community, comfort, and opportunity await!

Newest Placentia Homes with Apartment Subtype

$29,500,000

OC26219542 MLS ⋅ Active Status

Rare 80 unit, single story multifamily community on 5.17 contiguous acres in Placentia. The property is 96.25% occupied and offers a 5.80% current underwritten cap rate. Unit mix consists of 79 two bedroom, one bath residences and one one bedroom, one bath plus office. Every unit includes a private enclosed patio, with two parking spaces per residence, including one covered space. Community amenities include a swimming pool, playground, on site laundry, and guest parking. Approximately $834,426 has been invested in capital improvements and major repairs since 2023, including replacement of all property electrical panels, interior renovations, plumbing work, appliance and HVAC replacements, and site improvements. The offering provides a straightforward mark to market opportunity through natural turnover, potential conversion of existing rooms and structures into approximately 2 to 4 ADUs, and long term redevelopment optionality under R 3 zoning. Immediate access to SR 57 and SR 91, near Cal State Fullerton, schools, employment centers, shopping, and the Platinum Triangle. Buyer to independently verify all property, financial, ADU, zoning, and redevelopment information.

140 W Orangethorpe Avenue, Placentia

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