Description
Excellent Development Opportunity " City of OrangeRare 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.Submit all offers"this one wont last!
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0BEDS
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0.52ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Excellent Development Opportunity " City of OrangeRare 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.Submit all offers"this one wont last!
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-15T12:32:57.09. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.