2151 Grand Avenue, Oroville, CA 95965

$425,000 Asking Price

2 beds
2 baths
1,020  sqft
Built in 2014

New Price on this Prime Development Opportunity: 8-Acre Parcel with Approved Subdivision and Rental Income. Unlock the potential of this prime 8-acre parcel, perfectly poised for development in a highly sought-after location. This property comes with a finalized subdivision map consisting of 25 approved lots, ready for manufactured or single-family homes, each with the option for accessory dwelling units (ADUs). The property includes a recently updated 2-bedroom, 2-bath manufactured home with 2 car garage/shop, providing immediate rental income at $1900/month or a comfortable residence while you develop the remaining lots. Nestled in a growing community with high demand for housing in the Thermalito Irrigation District this parcel is perfect for a local contractor or developer looking to capitalize on the growing housing market. Essential utilities are already accessible at the corner of the parcel, streamlining the development process. Dont miss this rare opportunity to develop a prime piece of real estate with significant earning potential. Contact us today to schedule a viewing and explore the possibilities. Environmental survey and engineering estimates available.

Features & Amenities

Interior

General:
Laminate Counters
Laundry:
Laundry Room,Inside
Flooring:
Laminate
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

Roofing:
Composition
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Butte

Lot

Zoning:
00, 030120060000
View:
Mountains/Hills,Valley/Canyon
Fencing:
Wood

Utilities

Water:
Private
Sewer:
Conventional Septic

Financial

Source:
California Regional MLS

This listing courtesy of:
Willow & Birch Realty, Inc, Jennifer Serna

About Oroville, CA

Housing

Number of Units
21,974
Median Home Value
$228,768
Median Rent
$782

34.86% of housing units are renter occupied.

8.60% are vacant.

Commute

Car
70.64%
Public Transportation
1.39%
Walk to Work
2.75%
Work from Home
24.65%
Other
0.25%

The median travel time to work is 19 minutes.

People

Population
52,969
Median Age
42.20
Median Household Size
2.74

Education

High School
29.97%
Associate’s Degree
9.69%
Bachelor’s Degree
9.25%
Graduate Degree
5.07%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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