Prime Development Parcel!! Currently has a 3 bedroom 1 bath home with storage sheds, fully fenced yard, & great location!! Value is in the development of this property. Per sellers: There is a conditionally approved tentative subdivision map on the property. The map and conditions were set to expire on October 8, 2009, however, according to the California Code, Subdivision Map Act, several extensions to maps have been automatically granted over the past several years. These extensions were granted due to the heavy slow down in housing market since 2010. As a result, this map will not expire until October 8, 2016. The map was approved to allow 9 single family residential lots to be constructed on the 1.88 acre parcel. However, according to City of Oroville Zoning Map, adopted March 31, 2015, the property is zoned Medium Density Multiple Family Residential (R-2). The R-2 designation, as outlined in the current City of Oroville General Plan, allows for a 6-14 dwelling units per acre. There is potential to develop the property with a higher density.* *All of this information is of course for informational purposes only and is subject to the discretion and approval of the City of Oroville.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
