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.
Discover serenity and potential on this exquisite parcel of this land nestled in a tranquil neighborhood. Boasting a subtle view that offers glimpses of the city lights and Santa Ana river views. Ideal for building your dream home or developing an investment property. This land has plenty of space to build a main house, Jr. ADU, and an ADU, with the city approval. This land promises endless possibilities. Don’t miss out on this rare opportunity to turn your vision into a reality!
The median home value in Orange, CA is $942,700. This is lower than the county median home value of $1,008,200. The national median home value is $338,100. The average price of homes sold in Orange, CA is $942,700. Approximately 56.82% of Orange homes are owned, compared to 39.02% rented, while 4.17% are vacant. Orange real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Orange real estate agent to arrange a tour today!
Orange, California 92865 has a population of 139,195. Orange 92865 is less family-centric than the surrounding county with 31.77% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Orange, California 92865 is $102,125. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Orange 92865 is 36 years.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 14 inches per year, with 0 inches of snow per year.