200 Orange Grove Avenue, Placentia, California 92870, Placentia, 92870 - 4 bed, 2 bath

200 Orange Grove Avenue, Placentia, California 92870 home-pic-0
ACTIVE$2,795,000
200 Orange Grove Avenue, Placentia, California 92870
4Beds
2Baths
4,800Sqft
40,946Lot
Year Built
1910
Close
-
List price
$2.79M
Original List price
$2.79M
Price/Sqft
$582
HOA
-
Days on market
-
Sold On
-
MLS number
PW25074891
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $2.79M(99th), sqft - 4800(99th), beds - 4(50th), baths - 2(43th).

A 1910 historic craftsman lovingly restored, plus three rental units and a pool on almost an acre of ground in Placentia, close to everything! This family estate property features a 1910 Craftsman home with a full-width front porch and a circular drive that sits way back from the street. A formal living room features gleaming oak wood floors, a fireplace, and leaded glass windows. The open floor plan has the living room and formal dining room just off the chef's dream kitchen. A 6-burner Zline stainless stove with double oven and brick backslash. White shaker cabinets with quartz countertops. A huge center island features a utility sink, cutting board area, and tons of storage, plus seating for those quick meals. A primary bedroom or two rooms on the main level. Upstairs three more bedrooms (one used as an upstairs family room) with built-in features and classic windows. Douglas fir floors on the upper level, plenty of closet space, and attic area for bonus storage. Walk-in closets with built-in dressers and all the classic moldings and details of the craftsman's era. Central air and heat. Seller paid for solar power plus two electric meters, one for the rental or extended family units and one for the house. A historic oversized deep garage has a 1/1 bath loft that is beautifully remodeled as a one-bedroom one bath apartment featuring wood wall barn-style door for storage and an ultra-modern kitchen and bath. But wait, there is more.... another freestanding custom built 2/1 bath open floorplan home with shaker cabinet, quartz counters, GE stainless steel stove with a euro hood, a stainless sink and a bedroom and bath with a laundry room. There is also a detached studio apartment that could be a 3/2 with an opening a wall or leave as a studio apartment that features a walk-in closet, split sysyem hvac, and a walk-in shower. There are endless possibilities depending on your lifestyle. a convenient shed for the tools, rv storage area, rear yard completely fenced for privacy and room for a fleet of cars in the circular driveway or the guest house driveway, central heating and air in all units, and water filtration system in the main house. You can tell that a craftsman lives in this family estate.

Condition Rating
Excellent

Despite being built in 1910, this property has undergone an extensive and high-quality restoration and renovation, as explicitly stated ('lovingly restored') and visually confirmed by the images. The main house features a 'chef's dream kitchen' with high-end Zline appliances, white shaker cabinets, and quartz countertops, along with updated bathrooms. The three additional rental units are also described as 'beautifully remodeled' or 'custom built' with 'ultra-modern' kitchens and baths, shaker cabinets, and stainless steel appliances. All units have central air and heat, and the main house benefits from solar power and a water filtration system. The flooring (oak, Douglas fir) is gleaming and well-maintained. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40946, living area = 4800.
Historic Charm & Restoration: A meticulously restored 1910 Craftsman home retaining its original architectural details, including oak floors, leaded glass, and classic moldings, while incorporating modern comforts.
Significant Income Potential: The property includes three additional, beautifully remodeled rental units (a 1-bed loft apartment, a 2-bed freestanding home, and a studio apartment), offering substantial rental income or multi-generational living opportunities.
Expansive Lot & Outdoor Amenities: Situated on nearly an acre of land, the property boasts a pool, RV storage area, a fully fenced rear yard for privacy, and ample parking with a circular driveway.
Modernized Chef's Kitchen: The main house features a 'chef's dream kitchen' equipped with high-end appliances, including a 6-burner Zline stainless stove, quartz countertops, and a large center island.
Energy Efficiency & Comfort: All units are equipped with central air and heat, and the main house benefits from seller-paid solar power and a water filtration system, enhancing comfort and reducing utility costs.

Cons

Extensive Property Management: Managing four separate living units (main house plus three rentals) will require significant ongoing landlord responsibilities, time, and potential legal considerations.
High Maintenance Demands: An almost acre lot with a pool and multiple structures necessitates considerable time, effort, and financial resources for continuous upkeep and maintenance.
Niche Market Appeal: The unique combination of a historic main house and multiple income-generating units may appeal to a specific buyer demographic, potentially narrowing the pool of interested purchasers.

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