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2117 N Orange Olive Rd 0.52 Acres of Residential Land Offered at $4,007,868 CAD in Orange, CA 92865

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INVESTMENT HIGHLIGHTS

  • Excellent Development Opportunity
  • Zoned commercial with potential for multifamily construction.

EXECUTIVE SUMMARY

DESCRIPTION
Excellent Development Opportunity in the 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!

PROPERTY FACTS

Price $4,007,868 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Single Family Development
Total Lot Size 0.52 AC

1 LOT AVAILABLE

Lot

Price $4,007,868 CAD
Price Per AC $7,707,437.79 CAD
Lot Size 0.52 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
374-411-19
Land Assessment
$1,027,276 CAD
Improvements Assessment
$301,090 CAD
Total Assessment
$1,328,366 CAD
  • Listing ID: 36683601

  • Date on Market: 2025-07-10

  • Last Updated:

  • Address: 2117 N Orange Olive Rd, Orange, CA 92865

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