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Listed by Yolla Zogheib • Century 21 Masters
$ 2,899,000
Est. payment | /mo
0.52 Acres Lot
$ 2,899,000
Est. payment | /mo
0.52 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRTR25146633
Lot Size 0.519 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Excellent Development Opportunity - City of Orange Rare opportunity to develop a flat lot in the heart of Orange, zoned commercial with potential for multifamily construction. Per the seller, the City has indicated they are open to permitting a multi-unit residential project-possibly 10 units or more. Buyer to verify all development possibilities with the City. Currently, the property includes a fully operational laundromat generating steady income. In addition, the rear portion of the lot is leased to a car lot, bringing in approximately $4,000/month. High-demand location and strong income make this a great investment with future upside. Drive by only-please do not disturb tenants. THIS IS ALSO ZONED FOR DRIVE THROUGH RESTAURANT RARE TO FIND IN THE CITY OF ORANGE. Submit all offers-this one won't last!
Location
State CA
County Orange
Area 72 - Orange & Garden Grove, E Of Harbor, N Of 22 F
Zoning LY,LL
Exterior
View None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 37441119
Special Listing Condition Not Applicable
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