2117 N Orange Olive RD Active Save Request In-Person Tour Request Virtual Tour
Orange,CA 92865
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25146633
Lot Size 0.519 Acres
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 Comercial
Exterior
Community Features Suburban
View Y/N No
View None
Building
Lot Description Level
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard