$1,646,750
$1,695,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
1.8 Acres Lot
SOLD DATE : 06/21/2022
Key Details
Sold Price $1,646,750
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC20011790
Sold Date 06/21/22
HOA Y/N Yes
Lot Size 1.800 Acres
Property Description
OPPORTUNITY ZONE INVESTMENT PROPERTY! Located in the Mission area of San Juan Capistrano, this 1.8 acre parcel is ready to go! Rough grading grading plans are approved and signed off by the City of San Juan Capistrano. Building plans are approved and signed off by the City of San Juan Capistrano. Approved for eight large 3 bedroom, 2.5 bath condo units (4 duplexes), this opportunity is well suited for an Opportunity Zone investor to build, hold & rent the units for 10 years or more and then sell as individual condo units with 100% tax free treatment on ALL appreciation. Excellent rent potential on these units. See brochure in supplements for more details.
Location
State CA
County Orange
Area Ma - Mission Area
Zoning MRD-4,000
Interior
Fireplace No
Exterior
Community Features Urban
View Y/N Yes
View Hills
Building
Lot Description 2-5 Units/Acre, Cul-De-Sac
Water Public
New Construction No
Others
Senior Community No
Tax ID 64927169
Acceptable Financing Cash, Owner May Carry, Submit
Listing Terms Cash, Owner May Carry, Submit
Financing Cash
Special Listing Condition Standard
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Bought with NONE NONE • None MRML