3425 W 5th ST Active Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92703
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24100684
Lot Size 0.452 Acres
Property Description
This is a fully permitted, shovel-ready 8 townhouses project in an OPPORTUNITY ZONE. Investor please note the opportunity to defer gains from other investments, and the chance to pay zero capital gain tax on this development! Located in the up-and-coming Harbor Mixed-Use Transit Corridor Zone in the city of Santa Ana. Building and grading permits are fully issued and all associated fees have been paid (school fee, public works fees, impact fees, etc.). Buy today and start construction tomorrow! The required affordable unit requirement has been paid off, that means all 8 units will be fully market rate upon completion. Easy to build 2-story, type V-B construction with large units and smart layout. Opportunity is calling!
Location
State CA
County Orange
Area 699 - Not Defined
Zoning SP2
Exterior
Community Features Golf,Street Lights,Sidewalks,Park
Utilities Available Water Not Available
View Y/N Yes
View Neighborhood
Building
Lot Description Level,Near Park,Rectangular Lot,Street Level,Value In Land
Water None
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard