Listed by Marco Baljeu • Compass Real Estate
$336,600
Est. payment /mo
2 Beds
1 Bath
3,024 SqFt
New
2301 Oro Quincy Oroville, CA 95966
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $111
MLS Listing ID OC-25107942
Bedrooms 2
Full Baths 1
Year Built 1964
Lot Size 1.150 Acres
Property Sub-Type Single Family Residence
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
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Individual Room
Exterior
Pool None
Community Features Urban
View Y/N Yes
View Mountain(s)
Building
Lot Description Lot Over 40000 Sqft
Sewer Public Sewer