Placentia (84) Homes with Apartment Subtype

Welcome to Placentia, California—an inviting gem nestled in the heart of Orange County. Known for its rich history, vibrant community, and picturesque surroundings, Placentia offers a unique blend of suburban charm and modern conveniences. With a population that prides itself on strong community values, residents enjoy a friendly atmosphere that fosters connections and lifelong friendships.

One of the standout features of Placentia is its diverse range of housing options, particularly homes with apartment subtypes. These residences cater to a variety of lifestyles, making them ideal for families, young professionals, and retirees alike. Homes with apartment subtypes in Placentia provide the perfect solution for those seeking additional rental income or accommodating multi-generational living arrangements. Imagine the possibilities of having a separate living space for guests, a home office, or even a private retreat—all within the comfort of your own home.

The region boasts an array of amenities, including lush parks, top-rated schools, and convenient shopping centers, ensuring that everything you need is just a stone's throw away. Outdoor enthusiasts will appreciate the nearby hiking trails and recreational facilities, while food lovers can indulge in the diverse dining options that Placentia has to offer.

Whether you’re looking to invest in a home with an apartment subtype or simply searching for a welcoming community to call your own, Placentia stands out as a vibrant locale that balances the tranquility of suburban life with the excitement of nearby urban attractions. Come explore the opportunities that await in this charming California city!

Newest Placentia (84) 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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