201 Lakeview Ave, Unit 4 Placentia, CA 92870-6710
Property profile & analytics
201 Lakeview Ave, Unit 4 Placentia, CA 92870-6710
- Commercial real estate
- 1.17 lot acres
Property ID
US09-5712922
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Eduardo Becerra / Real Estate Agency
- Martinez Al / Tax Preparation
- SEAAA CORP. / Construction Company / General Contractor
- Hubert Thomas A / Accounting Firm / Tax Preparation
Property Details for 201 Lakeview Ave
- Lot size
- 1.17 lot acres
- Property type
- Commercial real estate
- APN
- 343-361-26
- APU
- 34336126
Description
This two-story, 23,500 square foot office building in Placentia, CA presents a compelling investment or owner-user opportunity. Located on a 1.17-acre lot at 201 Lakeview Ave, 92870, this Class C property boasts 20 units with 82.32% occupancy. Currently generating a NOI of $118,696, a pro-forma NOI of $521,308 is projected, reflecting significant rental upside potential. Built in 1979, the building features ground-floor retail visibility and ample parking (77 spaces per 1,000 sq ft). The current asking price is $5,750,000 ($244.68/sq ft), representing the lowest price per square foot within a five-mile radius. All tenants are on month-to-month leases, offering immediate flexibility for rent increases and owner-user occupancy. The property benefits from convenient access to major freeways (91, 55, and 57) and is zoned C-1. SBA financing is available with a 10% down payment, resulting in a projected NNN mortgage payment of approximately $1.37 per square foot. This presents a rare opportunity for investors to acquire a highly desirable asset with substantial upside potential, or for an owner-user to leverage SBA financing for significant cost savings. The current below-market rents average $0.78 per square foot, offering a potential 237% upside with improvements. This fee-simple property offers a compelling combination of location, value, and potential for significant return on investment.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,475,000
- ML approach
- $6,400,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Placentia
- County
- Orange
- State
- California
- Longitude
- -117.819
- Latitude
- 33.8684
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$21,167
$503,358
$781,514
$1,284,872
-
$0.00
$0.00
$0.00
