**Investor's Dream!** This remarkable 1.23-acre lot, zoned R-2 for medium-density/multi-family residential use, presents an unparalleled investment opportunity. With plans already in place for 14 units, this property is poised to turn your real estate dreams into a reality. Imagine the potential income and growth in a community nestled close to the tranquil Feather River. Nature enthusiasts and urbanites alike will be drawn to this prime location. And with essential utilities like water, power, sewer, and natural gas conveniently available at the street, the path to development is smooth and cost-effective. The level lot offers a blank canvas for your creative vision, whether you're an experienced developer or a newcomer to the real estate market. What's more, this property is strategically positioned near commerce and medical facilities, making it an attractive prospect for residents seeking convenience and accessibility. Don't miss out on the chance to capitalize on this fantastic investment opportunity in a great location. Secure your piece of this thriving community and watch your real estate portfolio flourish. Act now, and let your investment journey begin!
Sold for $56,000 on 01/12/24
Listing Provided by:
Troy Davis DRE #01389131 530-570-1630,
Action Realty
$56,000
50 Grand Ave #17, Oroville, CA 95965
--beds
--baths
1.23Acres
Unimproved Land
Built in ----
1.23 Acres Lot
$-- Zestimate®
$--/sqft
$1,014 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 14, 2024 at 10:18pm
Listing Provided by:
Troy Davis DRE #01389131 530-570-1630,
Action Realty
Bought with:
Angela Iglesias, DRE #02123317
North State Real Estate
Source: CRMLS,MLS#: PA23187106
Originating MLS: California Regional MLS

Facts & features
Property
Features
- Fencing: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 1.23 Acres
- Features: Level
Details
- Parcel number: 031140027000
- Zoning: R2M
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Fishing, Golf, Hiking, Lake, Rural, Sidewalks, Water Sports
Location
- Region: Oroville
Other
Other facts
- Listing terms: Submit
- Road surface type: Paved