5009 W 7th Street, Santa Ana, CA 92703 | MLS RS24074489 | Listing Information | Berkshire Hathaway HomeServices California Properties | Berkshire Hathaway HomeServices California Properties
Off Market
$750,000  

5009 W 7th Street
Santa Ana, CA 92703

Land
Land Lot
0.436
Acres Lot
Listing Agent: Patrick Owen CalDRE: 01076539 - Pat Owen Realty, [email protected]
Rare Investor/developer opportunity! This huge lot with an existing small single family residence and an ADU built onto the rear of the detached garage (which contains bath #2,) offers a unique opportunity to create a multiple unit property. The house and detached garage are situated at the front of the lot creating a very large, flat, buildable lot in the rear. The 4 neighboring, almost identical, lots directly to the west of the subject are all two-on-a-lot with ADUs. The way it is currently zoned, the city will most likely allow two separate detached homes with an ADU and a junior ADU for each home, making a total of 6 houses... check with the Santa Ana Planning Department to confirm. There is also a possibility of more than 6 houses with a variance. All buyers are encouraged to complete their due diligence before making an offer. This property will be part of an auction process with all bids due by the deadline of April 30, 2024.PLEASE NOTE: The list price on the MLS is the minimum bid price for the auction. This is not an absolute auction- there is a seller reserve that must be met. The buyer will be required to pay a 4% buyer's premium. The value is mainly in the land. Listing broker does not guarantee the information provided in the MLS is correct as to the improvements on the property. All prospective buyers are encouraged to complete their own diligence on the property before submitting an offer.
RS24074489
Land, Other
Orange
0.436 Acres
Public
,Other
Exterior / Lot Features
Parking
0 Covered Parking Spaces.
Lot View
Other
Zoning
SFR
Additional Exterior/Lot Features
Level,Rectangular Lot.
Financial Considerations
Auction
10023140
Cash, Cash to New Loan
Listing Agent: Patrick Owen CalDRE: 01076539 - Pat Owen Realty, [email protected]
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