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3425 W 5th Street

Santa Ana, CA 92703
  • $2,888,888
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: OC24003874
UPDATED: 14 min ago
$2,888,888
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): David Duong of Beeyond Realty (626-802-5595)


Description

This is a fully permitted, shovel-ready 8 townhouses project in an OPPORTUNITY ZONE. Investor please note the opportunity to defer gains from other investments, and the chance to pay zero capital gain tax on this development! Located in the up-and-coming Harbor Mixed-Use Transit Corridor Zone in the city of Santa Ana. Building and grading permits are fully issued and all associated fees have been paid (school fee, public works fees, impact fees, etc.). Buy today and start construction tomorrow! The required affordable unit requirement has been paid off, that means all 8 units will be fully market rate upon completion. Easy to build 2-story, type V-B construction with large units and smart layout. Opportunity is calling!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-25T10:27:11.03. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
www.playavistaliving.com/homes/146998056
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3425 W 5th Street Santa Ana, CA 92703

  • Price: $2,888,888
  • Status: Active
  • On Site: 28 Days
  • Updated: 14 min ago
  • ID#: OC24003874
0
Beds
0
Baths
0
½ Baths
0.45
Acres
Neighborhood:
699 - Not Defined
County:
Orange
Area:
699 - Not Defined
Property Description
This is a fully permitted, shovel-ready 8 townhouses project in an OPPORTUNITY ZONE. Investor please note the opportunity to defer gains from other investments, and the chance to pay zero capital gain tax on this development! Located in the up-and-coming Harbor Mixed-Use Transit Corridor Zone in the city of Santa Ana. Building and grading permits are fully issued and all associated fees have been paid (school fee, public works fees, impact fees, etc.). Buy today and start construction tomorrow! The required affordable unit requirement has been paid off, that means all 8 units will be fully market rate upon completion. Easy to build 2-story, type V-B construction with large units and smart layout. Opportunity is calling!
Exterior Features

Lot Features LevelNear ParkRectangular LotStreet LevelValue In Land Sign On Property YN No View Neighborhood View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features GolfStreet LightsSidewalksPark Disclosures Covenants/Restrictions DisclosureFamilial Relation Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Water Not Available Water Source None Zoning SP2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-25T10:27:11.03. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
 
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Team Tami | Palm Realty Boutique
323 Culver Blvd.
Playa del Rey CA, 90293
Listing Agent(s): David Duong of Beeyond Realty (626-802-5595)