Description

NEED TO USE THAT 1031 EXCHANGE? GREAT DEVELOPMENT OPPORTUNITY! 1 City Limit Parcels Consisting Of 1.22+/- Acres Of Varied RL Zoning. There are apartment complexes across the street to the west, as well as a townhouse development backing up to this land to the north. AP#033-480-027 consists of 1.22+/- acres & offer RL Zoning; Minimum lot sizes in RL zone may allow for minimum sized of 8,000sf+ lots with proper planning. There is street frontage off the East side from Eucalyptus Avenue, as well as access at the NE corner touching Stauss Avenue. With the housing shortages, there are a few apartment complexes being built in the Oroville area as well as new developments recently and being proposed. This would be a great location for that next development idea. Sewer, Water, Power, Phone & Gas all at street or on property. Note: There is approximately .80+/- acres of RL zoning not under PGE lines. The seller states PGE line areas can be used for parking lot and grass areas. City zoning allowances & PGE Overlay map are incorporated in MLS Supplemental Documents, ask your agent for copies. The owner is a licensed & practicing California Real Estate Broker (MUST CONSULT WITH THE CITY OF OROVILLE BUILDING & PLANNING ON ANY IDEA YOU MAY HAVE TO VERIFY THEY WILL ALLOW).