2151 Grand Avenue

Oroville, CA 95965

PRICE REDUCED

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-$90,000 (-16.36%)

$460,000

List Price

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Property Description

New Price on this Prime Development Opportunity: 8-Acre Parcel with Approved Subdivision and Rental Income. Unlock the potential of this prime 8-acre parcel, perfectly poised for development in a highly sought-after location. This property comes with a finalized subdivision map consisting of 25 approved lots, ready for manufactured or single-family homes, each with the option for accessory dwelling units (ADUs). The property includes a recently updated 2-bedroom, 2-bath 2014 manufactured home with 2 car garage/shop, providing immediate rental income of $1900/month or a comfortable residence while you develop the remaining lots. Nestled in a growing community with high demand for housing in the Thermalito Irrigation District this parcel is perfect for a local contractor or developer looking to capitalize on the growing housing market. Essential utilities are already accessible at the corner of the parcel, streamlining the development process. Don’t miss this rare opportunity to develop a prime piece of real estate with significant earning potential. Contact us today to schedule a viewing and explore the possibilities. Environmental survey and engineering estimates available.

Listing Information

List Price $460,000
Status Active
MLS SN24111738
HOA $0
Type Land
Lot Size 348,480
Structure Size N/A
DOM 80
Courtesy Of Willow & Birch Realty, Inc
Listing Agent Jennifer Serna DRE#01419600

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Jennifer Serna, Willow & Birch Realty, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:06 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.