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Key Details
Sold Price $2,650,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID PW23007600
Sold Date 04/07/23
HOA Y/N No
Lot Size 0.840 Acres
Property Description
Great opportunity to invest in large re-zoned parcel located in Opportunity Zone! 36,500+ square foot Lot in the city of Placentia! Flat, rectangular shaped Lot is located on main thoroughfare with quick access (approx 1/2 mile) to 57 freeway and 91 freeway interchange, this location offers great public visibility! Some possible uses for this parcel include: Appliance repair; Distribution or wholesaling; Equipment sales and service; Furniture and major appliance sales; Glass shops; Home furnishing sales; Home improvement centers; Light manufacturing compatible with other permitted commercial uses; Offices including financial institutions, real estate and insurance firms, medical and dental offices, travel agencies and other general office uses. Lot currently has 2 original single-family residences on the land but is a single parcel. Once two separate Lots, they were combined into one parcel at the time of original sale. Since then, the Lot has been re-zoned Commercial-Manufacturing. The value of this parcel is in the land as a result of re-zoning. First time on market since original owner purchase.
Location
State CA
County Orange
Area 84 - Placentia
Zoning COML
Interior
Fireplace No
Exterior
Fence Chain Link
Community Features Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre, Rectangular Lot, Street Level, Tear Down
Water Public
New Construction No
Others
Senior Community No
Tax ID 34419106
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Financing Cash to New Loan
Special Listing Condition Standard, Trust
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Bought with John Penner • Penner & Associates, Inc.