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Orange, CA 92868 164 S Marks Way

$3,000,000

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Presented By: Yosverany Contreras with Regency Real Estate Brokers; 714-620-5634
  • MLS# OC23134825
  • 07/21/2023
  • Request Tour
  • Request Info

Home Details

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.
Presented By: Yosverany Contreras with Regency Real Estate Brokers; 714-620-5634

Interior Features for 164 S Marks Way

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixWay

General for 164 S Marks Way

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityOrange
Community FeaturesSidewalks
CountyOrange
Days on Market278
DirectionsContinue on W Chapman Ave, Take a Right on Marks Way
Garage Y/NNo
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet39212.0
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Street NameMarks
UtilitiesElectricityConnected, SewerAvailable, WaterAvailable
ViewNone
View Y/NNo
Waterfront Y/NNo
ZoningR-3(A) & R-2-3(A)

Exterior for 164 S Marks Way

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions303 X 129
Lot FeaturesRectangularLot, StreetLevel, ValueInLand
Lot Size Acres0.9002
Lot Size Area39212.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
LotDimensionsSourceAssessor
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,000,000
MLS#OC23134825
List Date 07/21/2023
Property Type Land
Phone 714.964.3311
Request Tour
Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors