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

201 S Melrose, Placentia, California 92870 home-pic-0
ACTIVE$1,249,999
201 S Melrose, Placentia, California 92870
0Bed
0Bath
1,857Sqft
8,276Lot
Year Built
1914
Close
-
List price
$1.25M
Original List price
$125K
Price/Sqft
$673
HOA
-
Days on market
-
Sold On
-
MLS number
PW25264158
Home ConditionExcellent
Features
Patio
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $1.25M(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

Price History

Date
Event
Price
11/23/25
Price Change
$1,249,999
11/22/25
Listing
$124,999
10/03/24
Sold
$600,000
Condition Rating
Excellent
Despite being built in 1914, this property has undergone an extensive and high-quality renovation, as evidenced by the modern kitchens, new appliances, contemporary light fixtures (recessed lighting), and consistent light wood-look flooring throughout both units. The kitchens feature new white shaker cabinets, black hardware, modern countertops with marble-like veining, and black appliances (range, dishwasher, sink/faucet). While no bathroom images are provided, the description explicitly states 'beautifully remodeled homes' and 'stylishly updated,' suggesting the bathrooms would meet a similar standard. The property appears virtually new inside, meeting current quality standards with no visible deferred maintenance in the renovated areas.
Pros & Cons

Pros

Dual-Living & Income Potential: The property offers two distinct, fully functional homes with separate addresses and entrances, providing excellent opportunities for multi-generational living, guest accommodations, or significant rental income.
Extensive Modern Remodels: Both residences have undergone beautiful and contemporary remodels, featuring modern kitchens, open-plan layouts, and updated finishes, ensuring move-in readiness.
Expansive Corner Lot: Situated on a large, fully fenced corner lot, the property provides ample outdoor space, privacy, and enhanced curb appeal.
Prime Placentia Location: Described as being in 'Prime Placentia,' suggesting a desirable and convenient location within the city, which typically supports property value.
Enhanced Features & Security: Includes practical amenities such as a 2-car garage, separate laundry facilities, and a state-of-the-art security camera system, adding value and convenience for residents.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1857, other record living area = 1029.
Limited Bathroom Count: Both the 3-bedroom main residence and the 2-bedroom second residence feature only one bathroom each, which may be insufficient for larger families or modern living standards.
Historic Construction: Built in 1914, the property's century-old foundation and underlying infrastructure, despite remodels, could present long-term maintenance considerations or require specialized upkeep.
Rapid Price Appreciation: A significant price increase from a $600,000 sale in September 2024 to the current $1.25 million listing might suggest an aggressive valuation or a need for thorough justification of the recent investment.

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