Courtesy of: Chad Langseth 00993554 | | Keller Williams Realty
Days On Market: 9
Square Footage: 10,000 Sq ft
Address: 225 W Madison AVE
Awesome Development Opp...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!