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$336,600
Est. payment /mo
2 Beds
1 Bath
3,024 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $111
MLS Listing ID OC25107942
Bedrooms 2
Full Baths 1
Year Built 1964
Property Sub-Type Detached
Property Type Detached
Property Description
NEED TO USE THAT 1031 EXCHANGE? GREAT DEVELOPMENT OPPORTUNITY! 1 City Limit Parcel Consisting Of 1.15+/- Acres Of Varied 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. Lot offers a 3,024sf structure at the Oro Quincy Frontage with an occupying tenant paying well below market at $850 per month. There is street frontage off Oro Quincy Highway and street frontage off the East side from Eucalyptus Avenue. With the housing shortages, there are a few apartment complexes being built in the Oroville area as well as new developments 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 0.70+/- acres MXN zoning not under PGE Lines. The seller states PGE line areas can be used for parking lot and grass areas. City zoning allowances & PGE Overlay map are incorporated in MLS Supplemental Documents, ask your agent for copies. The owner is a licensed & practicing California Real Estate Broker. Structure will be shown by appointment to individuals with proof of funds to close transactions only, no exceptions. (MUST CONSULT WITH THE CITY OF OROVILLE BUILDING & PLANNING ON ANY IDEA YOU MAY HAVE TO VERIFY THEY WILL ALLOW). Structure can be renovated into Duplex or SFR with Junior ADU.
Location
State CA
County Butte
Direction Oroville Dam Blvd E., Right on Oroville-Quincy Hwy. stop at Canyon Highlands Drive Intersection
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View Mountains/Hills
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 033480029000
Special Listing Condition Standard
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Listed by Marco Baljeu Compass Real Estate
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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