Under Contract

164 S Marks Way

Orange CA, 92868

$3,000,000


$76.51 per sqft

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

March 23, 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

80


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 3/23/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:29 AM UTC

 

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