Residential Income
New
For Sale
$1,239,999
201 S Melrose, Placentia, CA 92870
Built in 1914, the property includes electric service and a living room.
Property Size1,857 SF
Days on Market3
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Property Features for 201 S Melrose
General Information
Standard status
Active
Size
1,857 SF
Total Parking Spaces
2
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Amenities
Sidewalks
Electric, Living Room
Building Details
Building Size
1,857 SF
Year Built
1914
Buildings
2
Stories
1
Listing Agency:
Gabriel A. Albanez, Broker
Listed By:
Gabriel Albanez · License #01464397
(323) 228-1693
Source:
Evrealestate
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 2:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gabriel A. Albanez, Broker
Investment Insights
Based on property information with market context.
Located at 201 S Melrose in Placentia, Orange County, this residential income property was built in 1914. Interior features include electric service and a living room.
Driving directions reference the 57 Freeway, Chapman, and Melrose.
Driving directions reference the 57 Freeway, Chapman, and Melrose.
Key Highlights
- Built in 1914
- Interior features include electric service and a living room
- Address: 201 S Melrose, Placentia, CA 92870
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,445
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,900
$708.9K
Cap Rate 7%
$506,357
$506.4K
Cap Rate 9%
$393,833
$393.8K
Market Conditions
NOI Build-Up for 1,857 SF
Gross rent
$66.9K $36.00/SF
− Vacancy
−$2.4K −$1.30/SF
EGI
$64.4K $34.70/SF
− OpEx
−$29.0K −$15.62/SF
NOI
$35.4K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,900
Cap Rate 7%
$506,357
Cap Rate 9%
$393,833
Alternative Uses
Best Use
Apartment 5plus
$506.4K
$443.1K – $590.8K
NOI $35,445 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$623.7K
$545.8K – $727.7K
NOI $43,661 @ 7.0% cap · market cap 3.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,831
Businesses Nearby
Explore this area
Business Placement
Demographics for 92870, CA
52,749
Population
17,545
Households
3
Avg Household Size
39
Median Age
44%
College-Educated
91%
High-School Grad
6.7 sq mi
ZIP Area
7,873
Density / Sq Mi
$110,575
Median Household Income
$53,074
Median Earnings
$2,267
Median Rent
$871,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Built in 1914, the property includes electric service and a living room.
Where is this residential income property located?
The property is located at 201 S Melrose Placentia, CA.
What is the asking price?
The asking price for this property is $1,239,999.
What are key features of this property?
This property features: Built in 1914; Interior features include electric service and a living room; Address: 201 S Melrose, Placentia, CA 92870
