3425 W 5th Active Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92703
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24100684
HOA Y/N No
Lot Size 0.452 Acres
Acres 0.452
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!
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!
Location
State CA
County Orange
Area Oc - Santa Ana (92703)
Building
Lot Description Sidewalks
Others
Miscellaneous Value in Land
Acceptable Financing Cash
Listing Terms Cash