1625 Nelson Avenue

Oroville, CA 95965

$2,790,000
Price
3,484,800 / 80
Lot Size / Acres

Description

Prime Medium to High Density Residential Subdivision Opportunity This exceptional piece of land, currently zoned Medium/High Density Residential (MHDR) per the General Plan, offers a lucrative subdivision opportunity. The property is a fairly flat expanse with no trees to clear, simplifying the development process. It went into foreclosure during the 2007 market crash, and the lender has now decided it's the perfect time to sell. There is an urgent need for housing in this area, making this a timely...Prime Medium to High Density Residential Subdivision Opportunity This exceptional piece of land, currently zoned Medium/High Density Residential (MHDR) per the General Plan, offers a lucrative subdivision opportunity. The property is a fairly flat expanse with no trees to clear, simplifying the development process. It went into foreclosure during the 2007 market crash, and the lender has now decided it's the perfect time to sell. There is an urgent need for housing in this area, making this a timely and profitable investment. The past owner had a map nearly completely approved for approximately 270 beautiful home sites on 80 acres. Current zoning allows for up to 14 dwelling units per acre, enabling the development of a substantial number of homes. The county has expressed strong interest in the redevelopment of a subdivision at this location with a new buyer. Seller financing could be considered, providing flexible options for many buyers. The time is ripe to address the pressing housing needs in this community. Seize this prime development opportunity now!
  1. Listed by Gary Lee • DRE #01448722 • Portfolio Real Estate
    P: (916)-595-4279 gary95624@gmail.com

Property Details for 1625 Nelson Avenue

Zoning Description
2nd Unit Possible,Planned Unit Development,Commercial,Residential,Horses Allowed,Single-Family,Split Possible,Mixed,Modular Homes/Trailers,Multi-Residential
Zoning
MHDR Med-high Dens Res
LISTING UPDATED: 07/02/2024 03:12 PM

Property Details for 1625 Nelson Avenue

StatusActive
MLS #224072581
Days on Compass173
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Acreage
Year Built-
Lot Size80.00 AC
CountyButte County

Building Information for 1625 Nelson Avenue

Lot Size80.00 AC

Property Information for 1625 Nelson Avenue

Summary
Location and General Information
  • Area/District: 12568
  • Area Short Display: 12568
  • Cross Street: 16th st
  • City: Oroville
  • County: Butte
  • State: CA
  • Zip Code: 95965
  • Topography: Downslope,Snow Line Below,Level,Other,Downslope,Snow Line Below,Level,Other
  • Directions to Property: Take CA-70 N/State Hwy 70 N to Nelson Ave
Taxes and HOA Information
  • APN: 030-032-002
  • Second Parcel Number: 030-033-001
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Butte
  • Elementary School District: Thermalito Union
  • Middle or Junior School District: Thermalito Union
  • Senior High School District: Oroville Union
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 80.0
  • Road Frontage Type: County Road
  • Lot Size Source: Owner
  • Lot Size Square Feet: 3484800.0
  • Lot Features: Pond Seasonal, Other
Property and Assessments
  • Road Responsibility: Public Maintained Road
  • Home Warranty: false
  • Irrigation: Other
  • Year Built: 0
  • Picture Count: 19
  • Photos Provided By: Agent
  • Elevation: 0
  • Current Use: Vacant
  • Possible Use: Residential, Subdivision, See Remarks
  • Crops: None
  • Development Status: Subdivision Possible, Surveyed, Improvement Plans Available, Lot Split Possible, Map Required
  • Vegetation: None
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 0.0
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: Other
  • Utilities: None
  • Water Source: Meter Required
Interior and Exterior Features
Exterior Features
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Horse Property: false
  • Pool: false
  • Road Surface Type: Paved
  • Senior Community: false
Interior Features
  • Spa: false
  • # of Fireplaces: 0
  • Entry Level: 0
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
  • Additional Living Unit: No
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: None
Rental
Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%

Property History for 1625 Nelson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1625 Nelson Avenue

This home is within Oroville Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 6
Rating
School
Distance
Poplar Avenue Elementary School
PublicK to 5

Nelson Avenue Middle School
Public6 to 8

Oroville High School
Public9 to 12

Pioneer Community Day School
Public1 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

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1625 Nelson Avenue is a 80 ac of land for sale in Oroville, CA 95965. This property was listed for sale on July 2, 2024 by Portfolio Real Estate, it's currently listed at $2,790,000. This listing's school districts are Oroville Union High School District, Thermalito Union Elementary School District. Nearby schools include Poplar Avenue Elementary School, Nelson Avenue Middle School and Oroville High School. 1625 Nelson Avenue is a 0-bed, 0-bath, 80 ac of land on a 3,484,800 sq. ft. / 80 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Portfolio Real Estate, Gary Lee, DRE #01448722

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.