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Key Details
Sold Price $1,725,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID PW22099982
Sold Date 07/14/22
HOA Y/N No
Lot Size 0.949 Acres
Property Description
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
Location
State CA
County Orange
Area 84 - Placentia
Zoning R1, SFR
Interior
Fireplace No
Exterior
Fence Chain Link
Community Features Suburban
View Y/N No
View None
Building
Lot Description Lot Over 40000 Sqft, Rectangular Lot, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 33914125
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Thomas Santoro • Crane Real Estate