201 S Melrose Street, Placentia, California 92870, Placentia, 92870 - bed, bath

201 S Melrose Street, Placentia, California 92870 home-pic-0
ACTIVE$1,275,000
201 S Melrose Street, Placentia, California 92870
0Bed
0Bath
1,857Sqft
8,276Lot
Year Built
1914
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$687
HOA
-
Days on market
-
Sold On
-
MLS number
PW25193460
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.27M(50th), sqft - 1857(50th), beds - undefined(50th), baths - undefined(50th).

An Exceptional Dual-Living Opportunity in Prime Placentia, Discover a truly rare and remarkable offering in the heart of Placentia—two beautifully remodeled homes on one expansive, fully fenced corner lot. With separate addresses and private entrances, this property delivers the perfect blend of luxury, functionality, and versatility for extended families, multi-generational living, or savvy investors. Main Residence: Step into a stylishly updated 3-bedroom, 1-bathroom home featuring a spacious, modern kitchen with a breakfast bar, an elegant built-in fireplace, and an open-plan layout that flows seamlessly into a wraparound enclosed verandah—ideal for relaxing or entertaining. The large, private backyard offers abundant space for outdoor living and gatherings. Second Residence: Equally impressive, the second home offers 2 bedrooms and 1 bathroom with a contemporary open-plan design, excellent natural light, generous storage, and private front and side patios. Additional features include a separate laundry room, a 2-car garage, and a state-of-the-art security camera system. Whether you're looking to accommodate extended family, create a private guest retreat, or generate rental income, this property is an unmatched opportunity in a sought-after location.

Price History

Date
Event
Price
08/27/25
Listing
$1,275,000
Condition Rating
Excellent

Despite being built in 1914, this property has undergone an extensive and recent renovation, as evidenced by the 'beautifully remodeled' description and the provided images. Both units feature modern kitchens with new white shaker cabinets, black hardware, marble-look quartz countertops, and new black appliances. The flooring is consistent light wood-look laminate throughout, and lighting is updated with recessed fixtures. The overall aesthetic is fresh, contemporary, and virtually new, meeting current quality standards. While the property lacks central air conditioning and has a limited number of bathrooms, these are functional/design considerations rather than defects in the condition of the renovated components.
Pros & Cons

Pros

Exceptional Dual-Living/Income Potential: The property features two beautifully remodeled homes with separate addresses and private entrances on one lot, offering ideal versatility for multi-generational living or significant rental income generation.
Extensively Remodeled & Modernized: Both residences have been stylishly updated with modern kitchens, contemporary open-plan designs, and appealing finishes, minimizing immediate renovation needs for a new owner.
Prime & Sought-After Location: Situated in a 'prime' and 'sought-after location' in the heart of Placentia, enhancing the property's desirability, convenience, and long-term value.
Expansive & Private Corner Lot: The property boasts an expansive, fully fenced corner lot, providing abundant private outdoor space for relaxation, entertaining, and potential landscaping enhancements.
Comprehensive Amenities & Features: Includes a modern kitchen with breakfast bar, built-in fireplace, wraparound enclosed verandah, large private backyard (main unit), private patios, separate laundry, 2-car garage, and a state-of-the-art security system (second unit).

Cons

Historic Property Age: Built in 1914, the property's century-old foundation, despite remodels, may present potential concerns regarding original infrastructure (e.g., plumbing, electrical) not explicitly detailed as fully replaced, and could lead to higher maintenance costs.
Limited Bathroom Count: Both the 3-bedroom main residence and the 2-bedroom second residence each feature only one bathroom, which may be inconvenient for larger families or multiple occupants and could be a drawback for modern buyer preferences.
Absence of Central Air Conditioning: The property description does not mention a central air conditioning system, which could be a significant comfort concern during warmer months in Placentia and may require a future investment for installation.

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