About this home

Rare multifamily investment opportunity in the heart of Placentia. This well-maintained triplex is situated on an expansive 27,060 SF R2 Low/Medium Density lot, offering a unique combination of stable in-place income and long-term upside. The property features one (1) 3-bedroom, 1.5-bath unit and two (2) 2-bedroom, 1-bath units with ample on-site parking and attractive outdoor space. The oversized parcel provides potential opportunities for future ADU development or redevelopment (buyer to verify with the City of Placentia). Conveniently located near shopping, dining, schools, parks, and major freeways, this is a rare opportunity to acquire a well-located multifamily asset with exceptional land value in North Orange County.

Facts and features

Schools

• Melrose Elementary School

  elementary · K-5 · 0.3 mi

  8

• Valadez Middle School Academy

  middle · 6-8 · 0.4 mi

  6

• Valencia High School

  high · 9-12 · 1.4 mi

  9

• Minaret Academy

  elementary · K-8 · 0.7 mi

• Minaret Academy

  elementary · K-6 · 0.7 mi

• Rio Vista Elementary School

  elementary · K-5 · 1.0 mi

  3

Price history

• Jul 16, 2026 · Listed$1,499,000
• May 16, 2017 · Listing Removed$1,995
• May 5, 2017 · Listed For Rent$1,995
• Apr 26, 2017 · Sold$740,000
• Apr 27, 2016 · Relisted$849,900
• Oct 30, 2015 · Listing Removed$849,900
• Aug 17, 2015 · Listed$849,900

Tax history

• 2025$10,468 tax · $876,005 assessed
• 2024$11,194 tax · $858,829 assessed
• 2023$10,909 tax · $825,481 assessed
• 2022$10,675 tax · $809,296 assessed
• 2021$10,351 tax · $793,428 assessed
• 2020$10,383 tax · $785,293 assessed
• 2019$9,935 tax · $769,896 assessed
• 2018$9,800 tax · $754,800 assessed

Home value

$1,462,914

• Quantarium$1,462,914
• Cotality$1,374,500
• Collateral Analytics$1,484,000

Where it is