CA > Orange
Orange, CA 92865,2117 N Orange Olive RD
Orange, CA 92865,2117 N Orange Olive RD
Orange, CA 92865,2117 N Orange Olive RD
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$2,899,000
Est. payment /mo
0.52 Acres Lot
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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!

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

Read Less Info
CRMLS – RECore
Listed by Yolla Zogheib Century 21 Masters 909-261-0624
Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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2117 N Orange Olive RD

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