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

home-pic
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
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25193460
Home ConditionExcellent
Features
Patio
View-

About this home

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
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (2 Listings)
Beds00
Baths00
Square foot1,8571,857
50%
Lot Size8,2768,276
50%
Price$1.27M$1.25M
67%
Price per square foot$687$687
50%
Built year19141955
33%
HOA
Days on market7091
33%
Condition Rating
Excellent

Despite being built in 1914, this property has undergone a beautiful and extensive recent renovation, as explicitly stated in the description and clearly visible in the images. Both residences feature modern kitchens with new white shaker cabinets, sleek black hardware, marble-look quartz countertops, and new black appliances. The interiors boast contemporary light wood-look flooring throughout, recessed lighting, and a fresh, clean aesthetic. The overall condition appears virtually new, with no signs of wear or deferred maintenance, meeting current quality standards.
Pros & Cons

Pros

Exceptional Dual-Living/Income Potential: The property offers a rare opportunity with two separate, beautifully remodeled homes on one expansive lot, each with private entrances, making it ideal for multi-generational living or significant rental income generation.
Extensive Remodeling & Modern Updates: Both residences have been stylishly updated with modern kitchens, contemporary open-plan designs, and quality finishes, ensuring a move-in ready experience for occupants.
Prime Placentia Location: Situated in a highly sought-after area of Placentia, the property benefits from a desirable address that enhances its market value and appeal.
Generous & Private Outdoor Spaces: The expansive, fully fenced corner lot provides a large private backyard for the main residence and dedicated private patios for the second home, offering ample space for outdoor living and entertaining.
Key Modern Amenities & Security: Additional features include a convenient 2-car garage, separate laundry facilities, and a state-of-the-art security camera system, adding significant value, comfort, and peace of mind.

Cons

Historic Property Age: Built in 1914, the underlying structure is over a century old. While remodeled, this could imply potential for hidden infrastructure issues or higher long-term maintenance costs compared to newer constructions.
Limited Bathroom-to-Bedroom Ratio: Each residence features only one bathroom (3-bedroom/1-bathroom and 2-bedroom/1-bathroom), which may be inconvenient for larger families or multiple occupants in each unit.
Shared Lot Dynamics: Despite separate entrances and fencing, the shared corner lot configuration for two homes might not appeal to buyers seeking completely independent properties with larger, exclusive yard spaces for each dwelling.

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