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

home-pic
ACTIVE$1,299,999
201 S Melrose Street, Placentia, California 92870
5Beds
2Baths
1,857Sqft
8,276Lot
Year Built
1914
Close
-
List price
$1.3M
Original List price
$140K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25114043
Home ConditionExcellent
Features
Patio
View-

About this home

A rare opportunity in prime Placentia. This beautifully Remodel property features two high-end homes on one fully fenced corner block, each with separate addresses, private entrance and top quality finishes. MAIN HOME: 3 bedroom 1 bathroom , Large modern kitchen with breakfast bar, in-built fireplaces an open-plan layout, Wraparound enclosed verandah, Expansive backyard entertaining space. SECOND HOME: 2 Bedrooms 1 bathroom, Contemporary open-plan design, Excellent storage and natural light, Private front and side patios , Separate laundry + 2-car garage, Security camera system included. Perfect for extended families or anyone seeking versatile dual-living As representing agent I must inform you that property is sold as is condition and seller does not make any representations or warranties as to its condition. Buyer's are encouraged to obtain inspections.

Price History

Date
Event
Price
08/08/25
Price Change
$1,299,999-3.7%
08/03/25
$1,349,999
05/21/25
$1,399,999
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (2 Listings)
Beds50
0%
Baths20
0%
Square foot1,8571,857
50%
Lot Size8,2768,276
50%
Price$1.3M$1.25M
67%
Price per square foot$700$698
67%
Built year19141955
33%
HOA
Days on market168168
50%
Condition Rating
Excellent

Despite being built in 1914, the property has undergone a comprehensive and high-quality renovation, as stated in the description ('beautifully Remodel property,' 'top quality finishes') and evidenced by the images. The kitchens feature modern white shaker cabinets, granite/quartz countertops, and new black appliances. Bathrooms are fully updated with contemporary tiling, vanities, and fixtures. Flooring throughout is new wood-look laminate/LVP, and lighting is modern recessed. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Dual-Unit Configuration: The property uniquely offers two distinct, high-end homes with separate addresses and private entrances on a single fully fenced corner lot, providing versatile options for multi-generational living or significant rental income potential.
Extensive Modern Remodel: Both residences have undergone beautiful remodels with top-quality finishes, featuring a large modern kitchen with a breakfast bar in the main home and contemporary open-plan designs throughout.
Ample Outdoor Living Space: The property boasts an expansive backyard entertaining space for the main home and private front and side patios for the second unit, enhancing outdoor lifestyle and usability.
Desirable Corner Lot & Security: Situated on a fully fenced corner block, the property offers enhanced privacy, curb appeal, and includes a security camera system for added peace of mind.
Prime Placentia Location: Located in a prime area of Placentia, this property represents a rare opportunity in a highly desirable and established neighborhood.

Cons

As-Is Sale Condition: The property is being sold in 'as-is' condition, meaning the seller makes no representations or warranties regarding its condition, placing the onus on the buyer for all inspections and potential repairs.
Historic Property Age: Built in 1914, despite extensive remodels, the underlying century-old structure may present unforeseen maintenance challenges or require updates to original systems not covered by cosmetic renovations.
Limited Bathroom Count: With only two bathrooms for a total of five bedrooms across both units (one bathroom per unit), the property's bathroom-to-bedroom ratio may be considered low for modern family needs or multiple tenants.

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