225 W Madison Ave, Placentia, CA 92870

Property Description

Are you looking for an opportunity to own one of the most unique properties in Placentia? Even better, are you looking for a property with development potential? This property is just perfect for someone with vision and the ability to help it reach its highest and best use. With the right investor/developer, this property could be the jewel in your portfolio. This property has been in the same family for such a long time and has been a part of so many wonderful memories. Currently, this property has a lovely 5 bedroom, 2 full bath home with 1,950 square feet of living space. More importantly, this property sits on a massive 41,360 square foot lot with plenty room to develop and build. Currently, the property next door, with the same lot dimensions, houses three duplexes and one single family residence. Each of these units are 2 bedrooms, 1 bathroom units. (7 units total). Interested buyers are encouraged to check with the city for zoning options, create your plans, and start the process of creating an amazing revenue source for years to come. With multi-family possibilities and a blank slate, you will love the upside potential and this property could be exactly what you have been looking for. Located in Placentia, California and close to great schools, parks, entertainment, and shopping, this investment opportunity is one of a kind. Located near Cal State Fullerton , this wonderful property is easily accessible to multiple freeways, is in the heart of North Orange County, and near great property development projects and city funded projects. This is where you want to own your next investment opportunity. Hurry, this property will not last long!