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$ 2,899,000
Est. payment /mo
Active
2117 N Orange Olive RD Orange, CA 92865
0.52 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25101890
HOA Y/N No
Year Built 1955
Lot Size 0.519 Acres
Property Sub-Type Business
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!
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
Interior
Fireplace No
Laundry Inside
Building
Lot Description Level
Story 1
Water Public
Others
Tax ID 37441119
Special Listing Condition Standard
Listed by Yolla Zogheib • Century 21 Masters • 909-261-0624