705 W Fletcher Avenue
Orange, CA 92865
0.72 acres | #OC24187934
Description
Back on market: The property was in escrow with multiple offers and was in escrow at full asking price. Fell out with no fault to the seller. The seller will look at all reasonable offers.
This vacant and mass-graded property, situated on 0.72 acres (31,200 SF) of flat land, offers a rare residential development opportunity in the highly sought-after City of Orange. The property is zoned R3, suitable for medium-density residential development with 6-15 dwelling units per acre, subject to buyer confirmation. All utilities are conveniently available on Fletcher Avenue. The site’s favorable topography and location within a well-established community make it ideal for a new residential project. Ideal opportunity to build Condos or apartments to re-sell or hold for cash flow.
Conveniently located near key amenities, top schools, and the charming downtown Orange, this parcel is a prime canvas for developers looking to create housing in a thriving market. Fletcher Elementary School, Cerro Villa Middle School, and Villa Park High School as well as Chapman University, making it an attractive option.
Take advantage of this opportunity to develop in a growing region of Orange County. Please inquire for more details on zoning and site development potential.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Original List Price$3,200,000
- MLS #OC24187934
- MLS #OC24187934
- Property TypePurchase
- Cost3200000
- Utility SourcePublic
- CountyOrange
- Subdivisionother
- Acres0.72
- Property SubtypeLand
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Tom Aragone (#OCARAGTOM)
Listing Office: First Team Real Estate (#D060)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
