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$ 2,899,000
Est. payment /mo
Active
2117 N Orange Olive Orange, CA 92865
0.52 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25146633
HOA Y/N No
Lot Size 0.519 Acres
Acres 0.519
Property Sub-Type Lots/Land
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 projectpossibly 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 onlyplease do not disturb tenants. THIS IS ALSO ZONED FOR DRIVE THROUGH RESTAURANT RARE TO FIND IN THE CITY OF ORANGE. Submit all offersthis one wont last!
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 projectpossibly 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 onlyplease do not disturb tenants. THIS IS ALSO ZONED FOR DRIVE THROUGH RESTAURANT RARE TO FIND IN THE CITY OF ORANGE. Submit all offersthis one wont last!
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 projectpossibly 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 onlyplease do not disturb tenants. THIS IS ALSO ZONED FOR DRIVE THROUGH RESTAURANT RARE TO FIND IN THE CITY OF ORANGE. Submit all offersthis one wont last!
Location
State CA
County Orange
Area Oc - Orange (92865)
Others
Acceptable Financing Exchange
Listing Terms Exchange
Listed by Yolla Zogheib • Century 21 Masters