$336,600

2301 Oro Quincy, Oroville, CA 95966

  • 2 beds |
  • 1 bath |
  • 3,024 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon1.15acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $111/sqft
  • Property List Date Icon Listed 7 months ago

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.

Listing Status:
Active
Listing Office:
Compass Real Estate : 866-454-5120
Listing Agent:
Marco Baljeu : 949-526-1400
MLS ID:
OC25107942
  • A/C: Central Forced Air
  • Heating: Forced Air Unit
  • Fireplace: N/K
  • Pool: N/K
  • Parking: Parking spaces: 0
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Butte
  • Zoning: 033480029000
  • View: Mountains/Hills
  • Water: Public
  • Sewer: Public Sewer
  • Source: California Regional MLS

This listing courtesy of Marco Baljeu, Compass Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Oroville High School

1535 Bridge St, Oroville, CA, 95966

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.