SOLD
$1,725,000
Date 07/14/2022

225 W Madison Avenue
Placentia, CA 92870

Single Family
Residence
5
Beds
2
Baths
1,950
Sqft
0.9495
Lot Size
Listing Agent: Chad Langseth CalDRE: 00993554 - Keller Williams Realty
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!
PW22099936
Single Family, 1 Story
5
Orange
2 Full
1959
0.9495 Acres
Public
1
Public Sewer
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Transit Score

Listing Agent: Chad Langseth CalDRE: 00993554 - Keller Williams Realty
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