Property Detail

2301 Oro Quincy

Oroville CA 95966

$369,000

Status: Active

Property Details

Description

NEED TO USE THAT 1031 EXCHANGE? GREAT DEVELOPMENT OPPORTUNITY! 3 City Limit Parcels Consisting Of 3.59+/- Acres Of Varied Mixed Zoning. There are apartment complexes across the street to the west, as well as a townhouse development backing up to this land to the north. AP#033-480-029 consists of 1.15+/- acres & is zoned MXN; Mixed Use Zoning may allow for up to 30 dwelling units per acre with proper planning. AP#'s: 033-480-028 & 033-480-027 consist of 1.22+/- acres each & offer RL Zoning; Minimum lot sizes in RL zone may allow for minimum sized of 8,000sf+ lots with proper planning. All 3 lots are adjacent offering a 3,024sf structure at the Oro Quincy Frontage with an occupying tenant paying well below market at $750 per month. There is street frontage off Oro Quincy Highway, street frontage for all 3 lots off the East side from Eucalyptus Avenue, as well as access at the NE corner touching Stauss Avenue. With the housing shortages, there are a few apartment complexes being built in the Oroville area as well as new development recently and being proposed. This would be a great location for that next development idea. Sewer, Water, Power, Phone & Gas all at street or on property. Note: There is approximately 1.6+/- acres or RL zoning not under PGE lines, approximately 0.70+/- acres MXN zoning not under PGE Lines. Seller states PGE line areas can be used for parking lot and grass areas. City zoning allowances & PGE Overlay map are incorporated in MLS other docs; ask your agent for copies. Owner is a licensed & practicing California Real Estate Broker. Structure will be show

Map Location

Listing provided courtesy of Mario Gattavara of Coldwell Banker Lifestyle Properties. Last updated 2022-09-23 09:17:12.000000. Listing information © 2021 SANDICOR.

john Doe

Angelica Wallace

Real Estate Professional
CA DRE# 01393526
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