NOT LISTED FOR SALE

225 S Main St Placentia, CA 92870

3 Beds
2 Baths
1,422 Sq Ft
6,534 Sq Ft Lot

Last Sold March 20, 2023

Last sale price $900,000 $633 Per Sq Ft

264 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Kraemer Middle School Rated A

About This Home

As of March 2023

AMAZING RARE DUPLEX (TWO ADDRESS 225 & 227 S MAIN ST.)IN THE HEART OF OLD TOWN PLACENTIA!! UP AND COMING AREA WITH LOTS OF NEW CONSTRUCTION IN THE AREA!!

2019 NEWLY REMODELED DUPLEX. NEW AC ,NEW ELECTRICAL WIRE, NEW WINDOW AND MORE! You can enjoy all the best restaurants ,coffee shop & future METROLINK station and Easy access to freeway 57 & 91. 5 minutes driving from CSU FULLERTON & HOPE INTERNATIONAL UNIVERSITY. AWARD WINNING VALENCIA HIGH SCHOOL DISTRICT. Potential to build an addition unit to earn extra income!! Property is in California Opportunity Zone to expand your tax benefits. TONS of opportunities for future development !! WILL NOT LAST !! DRIVE BY ONLY, PLEASE DO NOT DISTURB THE TENANTS. OFFER WILL BE REVIEWED SOON!!

Last Agent to Sell the Property

Li-Chen Fang

E Funding, INC License #01117790 Listed on: 04/14/2022

Last Buyer's Agent

Li-Chen Fang

E Funding, INC License #01117790 Listed on: 04/14/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • Driveway

Home Design

  • 1,422 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 33936419

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $10
  • Insurance Expense $860
  • Trash Expense $80
  • Water Sewer Expense $300
  • Operating Expense $1,250
  • Net Operating Income $36,970

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Other Phone Description: (626) 567 9899
  • Price Per Unit: 464950
  • Property Attached: Yes
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Parcel Number: 33936419
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 632.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer, Unknown
  • Trash Expense: 80.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 10.00
  • Gross Scheduled Income: 44520.00
  • Insurance Expense: 860.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 36970.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 6
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 1950.00
  • Rent Control: No
  • Total Expenses: 1250.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $900,000 -3.2% $633 / Sq Ft
03/13/2023 03/13/23 Price Changed $929,900 0.0% $654 / Sq Ft
03/02/2023 03/02/23 Price Changed $929,900 0.0% $654 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
06/13/2022 06/13/22 For Sale $929,900 +3.3% $654 / Sq Ft
06/06/2022 06/06/22 Off Market $900,000 -- --
06/06/2022 06/06/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $929,900 +3.3% $654 / Sq Ft
05/24/2022 05/24/22 Off Market $900,000 -- --
04/14/2022 04/14/22 For Sale $929,900 +149.3% $654 / Sq Ft
02/25/2019 02/25/19 Sold $373,000 -4.4% $306 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
12/17/2018 12/17/18 Price Changed $390,000 +1.3% $320 / Sq Ft
12/17/2018 12/17/18 Price Changed $385,000 -3.8% $316 / Sq Ft
10/12/2018 10/12/18 For Sale $400,000 +7.2% $328 / Sq Ft
09/20/2018 09/20/18 Off Market $373,000 -- --
09/19/2018 09/19/18 For Sale $400,000 -- $328 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22073382

California Regional Multiple Listing Service (CRMLS)

APN: 339-364-19