Closed

214 E Orangethorpe Avenue

Placentia CA, 92870

$2,650,000


$72.42 per sqft

Closed

0.84 Acres

Land

Listed by Cynthia Castiglia with Keller Williams Realty 714-584-2700

Great opportunity to invest in large re-zoned parcel located in Opportunity Zone! 36,500+ square foot Lot in the city of Placentia! Flat, rectangular shaped Lot is located on main thoroughfare with quick access (approx 1/2 mile) to 57 freeway and 91 freeway interchange, this location offers great public visibility! Some possible uses for this parcel include: Appliance repair; Distribution or wholesaling; Equipment sales and service; Furniture and major appliance sales; Glass shops; Home furnishing sales; Home improvement centers; Light manufacturing compatible with other permitted commercial uses; Offices including financial institutions, real estate and insurance firms, medical and dental offices, travel agencies and other general office uses. Lot currently has 2 original single-family residences on the land but is a single parcel. Once two separate Lots, they were combined into one parcel at the time of original sale. Since then, the Lot has been re-zoned Commercial-Manufacturing. The value of this parcel is in the land as a result of re-zoning. First time on market since original owner purchase.

PW23007600

MLS ID

January 14, 2023

Listed

May 9, 2024

Updated

Map

214 E Orangethorpe Avenue
Placentia CA, 92870

Exterior/Building Features

Lot Size

0.84 Acres


Lot Features

0-1 Unit/Acre, Rectangular Lot, Street Level, Tear Down

Other Property Details

Area Name

84 - Placentia


Days on Market

25


Garage

No


View

No


View Description

None


County

Orange


Water Source

Public


Pool

No


Zoning

COML


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

5/18/2023

Sold

$2,650,000

Listing Contact: 714-584-2700 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 3:12 PM UTC

 

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