Active Under Contract
164 S Marks Way
Orange CA, 92868
$3,000,000
$76.51 per sqft
Active Under Contract
0.9 Acres
Land
Listed by Yosverany Contreras with Regency Real Estate Brokers 949-707-4400
Originally built in 1957, this five unit garden style development is the perfect investment for a developer or investor. All five units are two bedroom, one bath and current leases are month to month.
The project has a single-story overlay and construct two-story product (three-story is not permitted) developer will need to construct two affordable units or 10% of the total units rounded up at a moderate income level. With these standards, 14 two-story town homes can be constructed on the site, 12 market rate and two affordable.
OC23134825
MLSⓇ ID
July 20, 2023
Listed
May 9, 2024
Updated
Map
164 S Marks Way
Orange CA, 92868
Exterior/Building Features
Lot Size
0.9 Acres
Lot Features
Rectangular Lot, Street Level, Value In Land
Other Property Details
Area Name
699 - Not Defined
Days on Market
278
Garage
No
View
No
View Description
None
County
Orange
Water Source
Public
Pool
No
Zoning
R-3(A) & R-2-3(A)
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
9/19/2023 | Under Contract | — |
Listing Contact: 949-707-4400
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/9/2024 at 1:41 PM UTC