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!
OC24003874
Land, Other
Orange
0.452
Acres
None
Water Not Available
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Lot View
- Other
- Zoning
- SP2
- Additional Exterior/Lot Features
- Level,Near Park,Rectangular Lot,Street Level,Value In Land.
Financial Considerations
Cash, Cash to New Loan
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